If you re wondering how many women trade Forex, you re not alone. Many academics agree that there are historical disadvantages for women when it comes to financial decision-making, which has resulted in their underrepresentation in the financial market. A recent article by Forex Crunch highlights the gender disparity in the trading industry, citing a survey that shows that only 22% of women rate themselves as being well-prepared to make financial decisions, compared to 37% of men.
Many men are bad at taking breaks and chasing losses, while women are better at judging when it s time to leave. The good news is that forex doesn t require a bachelor s degree in economics. And even if you re not a woman with a finance degree, you can still learn the fundamentals and technicalities of forex trading with free educational materials available on FBS website. Taking a break is important for everyone, including traders who don t have a background in economics.
Gender inequality in the corporate world has largely disappeared, but some segments remain largely male-dominated. One of these is the forex market. One of the biggest misconceptions about men in the industry is that they re better with numbers and money. However, as more women enter the market and become more educated, this myth is slowly being dispelled. Women are also better at investing and trading than men are. With this in mind, the trend towards gender equality is a welcome one for all concerned.
Research by Lu, Swan and Westerholm shows that female traders are more likely to buy instruments and securities when their prices are low. Male speculators, on the other hand, tend to trade more frequently than women. Interestingly, however, female traders make up only 8% of all trading activity in 2014.
Another notable difference between men and women traders is that women tend to be more cautious and conservative when it comes to forex trading. They often trade too quickly and without thinking through their decisions, while men tend to take risky, unjustified trades. Women are also better at handling failures and are more apt to follow rules than men. If you re wondering how many women trade forex, start by assessing what you ve learned.
Men have long been the dominate force in trading, but the role of women in the industry has only recently become more inclusive. Many industry commentators believe women are increasing their presence in the trading industry. The study also noted that men have a tendency to be more aggressive and less disciplined. If you re wondering how many women trade forex, you can check out this article for an insider s perspective. The numbers aren t quite as high as you might think.
Another example of a successful female forex trader is Kathy Lien. A successful forex trader since the 1990s, Lien has been featured in numerous publications including Forbes and Asian Trader. A number of her articles have been published in national publications. So, if you re wondering, yes, there are plenty of women in the industry. You can join them! Just remember to stay focused. You won t regret it.