{"id":123369,"date":"2019-06-18T00:20:30","date_gmt":"2019-06-18T00:20:30","guid":{"rendered":"https:\/\/www.bnreport.com\/women-in-financial-trading\/"},"modified":"2019-06-18T00:20:30","modified_gmt":"2019-06-18T00:20:30","slug":"women-in-financial-trading","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/women-in-financial-trading\/","title":{"rendered":"Women in Financial Trading"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.cityam.com\/wp-content\/uploads\/2019\/06\/Women-in-finance-1024x640.jpg\" \/><\/p>\n<p>Finance has always, at all levels, been a predominantly<br \/>male populated field. But this is changing. As the equal opportunity mantra<br \/>continues to inspire them, more and more women are joining the party, seeking<br \/>to reap from the lucrative world that is financial trading.<\/p>\n<p>But why are women flocking to finance?<\/p>\n<p>The major catalyst, in recent history, has been the 2008<br \/>global financial crisis. The economic decline sent many people home, both men<br \/>and women. They saw their investments and cash reserves continually dwindle and<br \/>figured that they could manage their individual funds better than the<br \/>professionals. This led to an increase in financial investment research, which<br \/>made many individuals start picking out stocks and eventually graduating to<br \/>higher risk investments, such as options and CFDs and eventually, <a href=\"https:\/\/www.avatrade.com\/forex\" rel=\"noreferrer noopener\" target=\"_blank\">forex trading<\/a>.<\/p>\n<p>Another reason has been the ability to trade online.<br \/>Previously, trading was done on the trading floors of stock exchanges, where<br \/>literal fighting was not uncommon. But computers have now made trading easily accessible<br \/>and subsequently, made it gender irrelevant.<\/p>\n<p>With many women staying at home, trading electronically<br \/>is very flexible and gives them the unique chance to make additional income<br \/>without affecting their daily chores.<\/p>\n<p>Rising living costs have also been another contributing<br \/>factor. Even career women, or those in business, desire another stream of<br \/>income. Financial trading makes this possible because of its minimal time<br \/>commitment and the potential of making passive income.<\/p>\n<p>While the above factors led to women making forays into<br \/>the finance world, they mostly encouraged older women, who naturally sought a<br \/>steady way of bolstering their income or building wealth. Nowadays, with most<br \/>gender barriers and stereotypes broken, financial trading is seeing an influx<br \/>of young and hungry women, who, unlike their older counterparts, have not shied<br \/>away from chasing the quick, but sometimes risky, buck.<\/p>\n<p><strong>Can<br \/>Women Make it in Finance?<\/strong><\/p>\n<p>The previous discriminatory culture made it difficult for<br \/>women to enter the lucrative financial industry, but ironically, it is the<br \/>traditional cultural women traits that are now making the industry demand more<br \/>women. Here is why:<\/p>\n<ul>\n<li><strong>Women err on the side of caution<\/strong><\/li>\n<\/ul>\n<p>Women have traditionally assumed the role of caregivers<br \/>in society, for their children, families and relatives. This has always meant<br \/>that they mostly erred on the side of caution in many matters. Their approach<br \/>has always been more measured, unlike men who have traditionally been known to<br \/>take more, and sometimes unnecessary, risks. In a finance world that requires<br \/>balancing risks and rewards, women are far more likely to succeed than men in<br \/>that regard.<\/p>\n<ul>\n<li><strong>Women have less ego<\/strong><\/li>\n<\/ul>\n<p>Unlike men, women are known to have less ego and are more<br \/>likely to admit they have made a mistake. This is very important in financial<br \/>trading, because the longer one takes to admit a mistake, the more danger they<br \/>remain exposed to in the markets.<\/p>\n<ul>\n<li><strong>Women are more disciplined<\/strong><\/li>\n<\/ul>\n<p>An ancient anecdote is that women go through instruction<br \/>manuals, while men snub them and attempt to assemble the furniture on their<br \/>own. Behind this saying, there is some truth. In financial trading, success is<br \/>almost always the ability to formulate a solid trading plan and sticking to it with<br \/>religious discipline. Women are, no doubt, better at doing this, unlike men who<br \/>more are prone to making trades outside their plan due to overconfidence.<\/p>\n<ul>\n<li><strong>Women are better <a href=\"https:\/\/www.cityam.com\/women-in-financial-trading\/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=women-in-financial-trading\" rel=\"noreferrer noopener\" target=\"_blank\"><strong>Read More<\/strong><\/a><br \/><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Finance has always, at all levels, been a predominantly<br \/>\nmale..<\/p>\n","protected":false},"author":1,"featured_media":123370,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-123369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Women in Financial Trading - 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