Maybank Malaysian Open golf
Fresh from his disastrous last round at the US Masters, Rory McIlroy is now in 2nd position in the second round. US Masters champion Charles Schwartzel from S Africa and World No 1 Martin Kaymer is in the field too. Notice how one cannot stay no 1 forever. There was a trader, who leased the seat to trade as a local made RM3m over 2 years trading the fkli futures.... too much arrogance and overspending plus failure of the 'using size to muscle the market' resulted in the trader now even trying to save on office rent by moving home and trade small. A fall from grace that befall many who thought they were stars.
If you look at golf, the dominant player of the last decade was Tiger Woods, being no 1 for many years.... now he is in decline, not having wo a tournament for over a ear... and ranking drops to no 5. As in sports, peak performers in trading, if they get cocky and arrogant, will decline into poor performers.
Labels: sport
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