Game of Thrones: How Successful Would A Lannister Forex Trading Team Be?

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While many retail traders often trade independently, institutional traders often trade in teams referred to as “desks”. They cover specific markets or employ specific strategies, whether this be at a bank or a hedge fund. Designing trading teams and matching the right people is just as important as trading the correct instruments or finding the right strategy. In this article we jump into Game of Thrones and take a look at whether or not a Lannister Forex Trading Team would do well. So, read on to see what we think.

Cersei Baratheon

Notorious for her incestuous relationship with her brother, Jamie Lannister, the widow of King Robert Baratheon is a master manipulator who is known and feared for her dunning and devious ways as well as her commitment to scheming and her attention to details.

Cersei’s love of controlling a situation could be a double-edged sword in terms of her trading ability. While dedication to detail will serve her well in designing strategies and studying the market’s Cersei might find it difficult to cope with losses. One of the key problems that a lot of new traders have is learning to accept losses as part of their road to success. Getting hung up on losing trades can be a powerful distraction and cause many trading mistakes so Cersei will need to be careful to make sure she doesn’t let her controlling mind get in the way of her own success or in the way of the Lannister forex trading team’s goals.

Lannister Forex Trading Team Cercei

Tyrion Lannister

Famed for his cunning skill and sharp intelligence, which helped the Lannisters win in a war against the Baratheons, Tyrion is a character who commands a lot of respect. While Tyrion is a fearless warrior, he is often highly emotional and makes a lot of decisions based on gut instinct and impulse leading to some dire actions such as killing the love of his life and killing his own father.

Tyrion’s intelligence will serve him well in Forex trading especially when it comes to analysing price movements and designing strategies. However, where Tyrion might struggle is in controlling his emotions, which is key for any trader looking to be successful. Tyrion might find the temptations and the stress of trading too much, leading him to make poor split second decisions, straying from his trading plan.

Lannister Forex Trading Team Tyrion

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Jaime Lannister

The “kingslayer” as he is known, after killing the Mad king, is known for his bravery and loyalty. Jamie also demonstrates the admirable quality of resilience and often shows he has learned from his mistakes and has come through stronger than before.

Resilience is an essential quality for success in any area of life and forex trading is no different. Many traders find it difficult to cope with losses, however any successful trader will tell you that taking losses is part of the game. The key is to make sure that you always manage your risk and that you trade with a favourable risk reward so that your losses don’t hamper your trading performance. Jamie will likely suit trading very well and find it easy to learn from his mistakes and improve his approach and hone his skills.

Lannister Forex Trading Team Jamie

Tywin Lannister

As head of the Lannister family, Tywin is known for his fearlessness, his sharp intelligence and his intimidating character which have helped him rise to the top of the family and stay there.

Fearlessness and intelligence will certainly help Tywin in his trading however he must be careful that his courage doesn’t spill over into arrogance. Many new traders find themselves feeling provoked by the market, especially around losing trades, often leading them to make mistakes such as taking revenge trades which ultimately only exacerbates a losing streak. Learning to stay calm and stick to his trading plan will be essential for Tywin.

Lannister Forex Trading Team Tywin

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Summary

Between them, the key members of the Lannister household have more than enough positive attributes to help them be a successful trading team. At the heart of their strengths is their intelligence and bravery. A Lannister forex trading team will likely be very skilled at testing the market and designing strategies though one area where they will need to pay special attention is in making sure they stick to their trading plans and don’t let their emotions get the better of them.

Lannister Forex Trading Team Geoffrey

For the Lannister Forex Trading Team to really get ahead they’ll also have to remember to put aside their constant squabbling (and trying to kill each other) to make sure they can really pull together as a family. After all… winter is coming.

LannisterTradingTeam

 

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