here i like to bring an issue that is worry me for a long time,

which is the traders are now in direct access to internet electronic trading.

they control their fortune by a press of a button. especially in the area of stock speculations. (even the aunties and uncles can have a trading account)

also as i am quite a high frequency trader of the stock exchange, i occasionally make trading mistake by enter the wrong trade. (buy to sell, wrong quantity and wrong price)

one safety net i use is to limit my quantity per order, say i want to buy 100 lots, i will execute 5 times of 20 lots each, beside double and triple check on the open orders.

i just feel this whole thing is a ticking time bomb for the individual traders.

and if one know how market works, it is to caught the unprepared and unexpected traders, render them paralyse and unable to act.

yes, neither do i believe the “fat finger” that can cause the market to collapse. but making trading error is a common thing.

i’m not surprise with the magnitute, but surprise with the speed. the bulk on the move to the bottom if i remember correctly only takes less than 5 minutes. 5 minutes to wipe out a trillion dollars in value just in the stock market.

good luck to the traders who are over-leverage and over-margin.

whatever the case and who ever you are, no one like this kind of volatility in the market place.

my main concern is the easy accessability of speculations among the population. i’m surrounded by many.

cheers

Hi

That is a remarkable track record - one of which you should be justifiably proud.

I share some understanding of your problem.

Without a doubt, trading can be lonely. I do have an escape hatch - I love to teach and teaching has provided me with many good friends and acquaintances.

I make it a point to take time out to ‘chew the cud’ in a social context.

I am also very blessed in that my friends make an effort to organise ‘get-to-gethers’. I guess being professional traders themselves, they too have a need for a social context.

When we get together, we share what we are prepared to share and no more.

In your shoes, I’d see what I could do to widen my social circle - join a chess club, for example.

many thanks for that valuable advice.

yes, thats the different between a more experience trader than a less experience one.

i like to teach too but i always hit a wall when i do it, haha.

i’ll work harder on it.

again thanks, you nail my problem.