Topic: Do you see trading as fun and games? - page 14. (Read 16280 times)

I would say that trading as a game is the only correct way, unless this is your full time job and your only income. On that way you will be more relaxed without necessary pressure and therefore you will be able to make decisions with cooler head.
Too much pressure and to take it too much seriously can ruin your trading because you will put too much efforts and too much money you can't afford.

This will make us become more excited with the trading, but I think there will be more people will lose all their money on the fun.

“One thing very good traders have is insight into themselves.” - Chris Tate


FUN AND GAMES
Recently Louise Bedford and I have been doing the Short Term Trading Magic seminars in a few places and it has been sometime since I did any form of presentation on a semi regular basis. As such it has been interesting to observe people as they work through various trading issues.

One of the things I have noted is that people take trading far too seriously and this is reflected in a form of desperation. Desperation is the antithesis of the state of mind you need to be in to trade effectively.

There is no deny that this is a phase everyone enters at some stage in their career but to be successful you need to move beyond this and begin to treat trading as the game that it is. Once I started treating trading as a game then it became so much easier on the soul and my results reflected this. I even have a t-shirt that says that the fewer fucks I give the more I make.

This is not to say that I am reckless but rather that I am in no way wedded to the outcome of any trade. At its core my life will not change if a trade or even a cluster of trades are winners or losers – they are simply not that important. When compared to real life, trading is nowhere near as important as people think it is.

It is often commented that children are better are learning new things than adults who seem set in their ways. I am not so certain that this is a reflection of any great cognitive superiority or plasticity that the young may have but rather a reflection of their willingness to be both wrong and to play. Young children have no ego therefore the mistakes that their play generate have no impact upon their sense of self-worth. As adults we lose this resilience because we believe that it is somehow catastrophic to our self-image if we do make mistakes.

But in trading your mistakes are your own – no one else can see them so you are insulated from the judgment of others. This isolation gives you the freedom to be wrong but the only thing you have to cope with is your own judgment.

 Markets are a wonderful universes for exploration and for play. The presence of micro contracts in various instruments and online trading mean that you experiment very cheaply.

The price of admission to the fun park is much lower than it used to be and the number of rides has gone through the roof. It is a shame that more traders don’t view trading as little more than a theme park where you can play to your heart’s content and during the process of playing you learn much more than you would if you were consumed by seriousness and desperation.


Author: Chris Tate

Article reproduced with kind permission of: http://tradinggame.com.au/


More trading quotes are below:

“To my way of thinking trading is an internal endeavour – there is no external enemy who you can deceive or overpower since markets only exist in the most ephemeral way inside your head. Markets may appear to be physical constructs but they are largely an illusion, trading occurs inside your head where your own perceptions and distortions of reality influence your decision making.” – Chris Tate

“The one thing you shouldn't feel pressured about is trading. If you do feel that way, you probably need to take a step back and reassess. Pressured trade(r)s don't make good trade(r)s.” – Joe Ross


www.tallinex.com wants you to be a successful trader 

I feel trading is a profession for many users by which they invest make profit out of it, so I feel trading is neither for fun nor game, of course many will consider it as a fun but I feel it is a field for investment and making good money from it.

“One thing very good traders have is insight into themselves.” - Chris Tate


FUN AND GAMES
Recently Louise Bedford and I have been doing the Short Term Trading Magic seminars in a few places and it has been sometime since I did any form of presentation on a semi regular basis. As such it has been interesting to observe people as they work through various trading issues.

One of the things I have noted is that people take trading far too seriously and this is reflected in a form of desperation. Desperation is the antithesis of the state of mind you need to be in to trade effectively.

There is no deny that this is a phase everyone enters at some stage in their career but to be successful you need to move beyond this and begin to treat trading as the game that it is. Once I started treating trading as a game then it became so much easier on the soul and my results reflected this. I even have a t-shirt that says that the fewer fucks I give the more I make.

This is not to say that I am reckless but rather that I am in no way wedded to the outcome of any trade. At its core my life will not change if a trade or even a cluster of trades are winners or losers – they are simply not that important. When compared to real life, trading is nowhere near as important as people think it is.

It is often commented that children are better are learning new things than adults who seem set in their ways. I am not so certain that this is a reflection of any great cognitive superiority or plasticity that the young may have but rather a reflection of their willingness to be both wrong and to play. Young children have no ego therefore the mistakes that their play generate have no impact upon their sense of self-worth. As adults we lose this resilience because we believe that it is somehow catastrophic to our self-image if we do make mistakes.

But in trading your mistakes are your own – no one else can see them so you are insulated from the judgment of others. This isolation gives you the freedom to be wrong but the only thing you have to cope with is your own judgment.

 Markets are a wonderful universes for exploration and for play. The presence of micro contracts in various instruments and online trading mean that you experiment very cheaply.

The price of admission to the fun park is much lower than it used to be and the number of rides has gone through the roof. It is a shame that more traders don’t view trading as little more than a theme park where you can play to your heart’s content and during the process of playing you learn much more than you would if you were consumed by seriousness and desperation.


Author: Chris Tate

Article reproduced with kind permission of: http://tradinggame.com.au/


More trading quotes are below:

“To my way of thinking trading is an internal endeavour – there is no external enemy who you can deceive or overpower since markets only exist in the most ephemeral way inside your head. Markets may appear to be physical constructs but they are largely an illusion, trading occurs inside your head where your own perceptions and distortions of reality influence your decision making.” – Chris Tate

“The one thing you shouldn't feel pressured about is trading. If you do feel that way, you probably need to take a step back and reassess. Pressured trade(r)s don't make good trade(r)s.” – Joe Ross


www.tallinex.com wants you to be a successful trader 

actually, I see trading as an opportunity to achieve more profit than before. well, but there are some people who think like that. In fact, I also think that way when I first see trading.

Sometimes I am trading as fun and games haha. But, when the trading got involve with huge amount of money i will take it seriously. It's all depend from yourself if you invest only what you can afford to loose you will be relax and have a clear mind when trading  . You can do buy dip sell high when the chart or transactions is move fast up and down (riding the wave) . Correct me if I am wrong 

This will make us become more excited with the trading, but I think there will be more people will lose all their money on the fun.

No , you can't consider this problem because if this is only a game or fun, you will not be serious in your trading career and in trading, it's really a matter if you're not serious in it.

Yes, I think you should consider trading as fun as a game. It will help you feel more comfortable and can give right decision.

Indeed! You need to do proper study before investing into any project because people are so good at convincing others about investing into their projects which are totally useless. There are many scammers as well who are simply going to rob you out of your money without evening giving you a single signal of that. This is the reason I don’t invest into countless projects, I am just interest in bitcoin.

Yeah i agree with you..i think it is not the word fun. It should be "enjoy" because if you like of what you are doing and you love it then you are enjoying it. And ofcourse just because it is a serious matter i did not treat it as a game or having fun on it because my earnings/profit was depend on how i treat and take it as my source of income.

Trading is fun, if you know how to do it, so much better to study which coins are you going to invest on first, however if you do not have any background on trading, you might just get disappointed if you see your investments going down. I do not see how trading can be a game, since you need to study the market and be sure that you will win if possible, at all times, i think if you treat it as a game, the market will also play games with you, better treat it responsibly than just some other simple task.