In this episode Imran Lakha, founder of Options Insight, talks to his friend an experienced hedge fund trader named Shabs about an episode in his personal life where his trading background helped him cope under extreme pressure.
In early 2011, Shabs’s father was taken into a hospital in India and put on life support due to a serious respiratory condition. In this discussion he talks us through how he was able to maintain clarity of thought, despite the extreme emotions at play, by having a decision making process based on quantifiable data markers. This process allowed him and his family members to evaluate clearly whether or not decisions were being made in a rational way and if their father’s chances of survival were maximised.
 
Judge for yourself, but we conclude in this example TRADING SKILLS CAN SAVE LIVES!
 
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NONE OF THE MATERIAL IN THIS PODCAST SHOULD BE CONSIDERED AS INVESTMENT ADVISE, IT IS FOR INFORMATIONAL AND ENTERTAINMENT PURPOSES ONLY.  ALWAYS CONSULT A REGISTERED INVESTMENT PROFESSIONAL BEFORE MAKING INVESTMENT DECISIONS. THE VIEWS AND OPINIONS EXPRESSED ON TRADER CHATS ARE THOSE OF THE PARTICIPANTS AND DO NOT NECESSARILY REFLECT THOSE OF THE HOST.  OPTIONS INSIGHT OR IMRAN LAKHA SHALL NOT BE LIABLE FROM LOSSES RESULTING FROM INVESTMENT DECISIONS BASED ON INFORMATION OR VIEWPOINTS PRESENTED ON TRADER CHATS.