Odds and superstitions of traders. Part 2
Everyone has their own superstitions and omens. Some people go around the block if a black cat crosses the road, some are afraid of dropping a fork or spilling salt, etc. And you can't even imagine how many such "worries" stock and currency traders have!
Amulet that attracts money
A common amulet that promotes the flow of finances is money - certain coins and bills.
For example, in Russia, such an amulet has always been a nickel. In Germany, it is believed that financial well-being brings a bent coin or a coin with a hole in the middle.
In the United States, the first dollar earned is considered an amulet that attracts money. In the offices of many wealthy investors and stockbrokers you can see such a dollar in a frame under the glass.
The two-dollar bill, on the other hand, is considered unlucky. This status it received immediately after its appearance in 1928, and later its issue was discontinued at all. However, in Russia, the two-dollar bill is considered to bring good luck. Many traders carry one in a separate pocket of their wallet, and its price is sometimes very different from the official exchange rate.
More trader's omens
2. Overalls
You already know about red clothes and spilled coffee from first parts. But many traders, especially men, still believe sacredly in the omen about the length of skirts, which appeared immediately after World War II. If short skirts are in fashion, the economy will worsen; if long skirts, all will be well.
3. bulls
It is considered a great misfortune to break a bull figurine, which many traders place near their monitors. Continuing the bull theme, traders who hold long positions exclude beef from their menu so as not to anger their stock "patron".
4. shh.
There is a saying that money loves silence. That's why many traders replace live communication with increased activity in social networks. There is another interpretation, from which another omen emerges, the direct influence of publicity on the result of a deal. Many exchange players believe that if they share their successes with someone, their lucky streak will immediately end, to be replaced by losses.
5. Construction
A very widespread omen about a construction site, such traders observe the construction of some object. As long as the construction is active, the market will be fine. As soon as the construction stops for some reason, the market will collapse.
6. Watching the sun
Many traders believe in the influence of weather conditions on market trading. For example, they never buy during rain. It is considered that such transactions will be obviously ended with a loss.
7. Minus to plus
A peculiar sacrifice to the market is widely practiced. If the price goes against the trader, it is necessary to fix a small part of the position as a loss. It is believed that by accepting such a sacrifice, the market will turn around and go in the right direction.
Exotic signs of stock markets
Some omens and superstitions of traders look very funny and ridiculous. Nevertheless, in some circles they are considered almost canonical.
8. Prayer to Buffett
For example, traders on the New York Stock Exchange believe that if you say to yourself, like a prayer, quotes from the books of the famous investor Warren Buffett, then transactions are sure to be successful.
9. Soccer
Who says speculators are far removed from sports? For U.S. traders, the benchmark is the winner of the American soccer final for the National Football League title. If the team that wins the championship is in the NFL, the market will rise. If the American Football League AFL wins the finals, the market will face hard times.
10. Like clockwork
Predict the dynamics of the S&P500 stock indexIt turns out to be very simple. To do this, traders use... data on oil production in Bangladesh. Twice the percentage of production growth of this oil is exactly the rate at which stocks in the S&P500 index will grow next year.
Whether to believe in omens or not is a personal matter for every trader. And if the phases of the moon, the presence of a cat in the room, or the color of the traffic light on your way to the office help you profit in the market, why not take advantage of it?