Is there a common place in Bangalore where a full time traders sit and trade? This will be very useful setup for a full time trader as it’s really a lonely job…
Trading is often a solitary profession, and traders typically prefer to work independently from their own private spaces, primarily for the following reasons:
Sharing trading strategies with others, especially in a communal trading environment, could lead to the strategies becoming known to many. This could potentially reduce the effectiveness of the strategies as more people use or adapt them.
Full-time traders often rely on their unique strategies and insights to gain a competitive edge in the market. Working from a communal space might expose them to the strategies of others, potentially eroding their competitive advantage.
Trading requires a high level of concentration and focus. Distractions in a shared trading space could hinder a trader’s ability to make sound decisions and execute trades effectively.
Traders need to have control over their environment, including access to their trading tools and systems, to manage risk effectively. This control is difficult to maintain in a communal setting.