Traders are getting all bent out of shape by celebrity day trader Rachel Fox. She’s a young girl who is really popular to begin with, then she took to trading stocks on her cellphone. Hell, she’s crushing it this year, up over 60%. I love these types of situations. Traders, myself included, approach the market with a humble mindset. Often this approach is refined through a couple of decimating losses. Losses that make you puke in a garbage can then sit on the floor shaking.
Then Rachel Fox hits the scene, Hello Kitty iPhone in tote, and starts crushing. Is she getting lucky? Maybe a little bit. But for traders who have spent years earning their place in this market, it’s frustrating. I couldn’t care less if she gets famous in the trading scene. Eventually she’s going to get whacked pretty well. It’s inevitable.
What separates the fantastic Fox from many other aspiring traders is she’s already loaded. And she’s super young. She has tons of time to earn more money from her professional career. This means trading does not feed her face, pay her rent, etc. She’s probably approaching trading with the right mind state because she’s not emotionally attached to the financial outcome. I’m pulling for this girl. This type of participation is what will feed us traders for years to come. New money baby!If you enjoy the content at iBankCoin, please follow us on Twitter