Why the BoyPlunger?

The question I get asked quite frequently is - Why do you call yourself the BoyPlunger?

To answer this question, we need to talk abt Jesse Livermore, one of the greatest traders on WallStreet. A book based on his life 'Reminiscences of a Stock Operator' remains one of my all time favorite books on trading. JL was called the BoyPlunger because he was supposed to have caused one of the market crashes (by shorting or 'plunging') and for his age at that time, he used to look very young.

For me, even though I am 28, I still have to present an ID whenever I need to buy smokes or liquor. That's sucks!I always try to keep a stubble on, but that just makes me look like a rogue student. So that explains the 'Boy' part.

I also like to trade on the short side. The reason for this is 2:
1. Greed takes a while to simmer while fear is instantaneous. In simple words, a stock takes a lot more time to move up then it takes to come down. So trading on short side, usually gives you profits, in a shorter timespan.
2. Among traders, going short is like an indication of the sophistication of the trader.

So there you have it - why the 'BoyPlunger'!