How the mind of an inside-trader really works

BI’s John Carney writes: You’re a trader at the world’s most competitive hedge-fund trading shop.

You feel like you want to puke each morning because the pressure to perform — to outperform!— is intense. Even when you are on top of the market, you worry that there’s something you don’t know.

Something that is going to come charging through the market and destroy you, cost you your job, ruin your reputation, leave you poor, humiliated — and maybe even divorced.

And you aren’t on top of the market. It’s 2008. The market is, to use an uncommon word, discreating — it is reducing everything to chaos. Your fund has never had a bad year. But this year that winning streak looks like it will come to an end. The boss, whose name you hardly ever say out loud, is going to fire a lot of people. A lot…..

Read all about it at http://www.businessinsider.com/inside-the-mind-of-an-inside-trader-2012-11