Do you see trading as fun and games?

[betudontbet]

“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 don't while I love to chill playing games trading cryptos isnt a game for me but a source of income.
While you can make mistakes playing videos games, making a mistake while trading could cost you tons of money.
As a thread that comes around on the forum if bitcoin is gambling.
Bitcoin is not gambling, neither trading a source of fun, unless you are a real professional and live over trades.

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[nethan1btc]

“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 don't while I love to chill playing games trading cryptos isnt a game for me but a source of income.
While you can make mistakes playing videos games, making a mistake while trading could cost you tons of money.
As a thread that comes around on the forum if bitcoin is gambling.
Bitcoin is not gambling, neither trading a source of fun, unless you are a real professional and live over trades.

In my opinion it depends on you if how you make things differentiate like here in trading in cryptocurrency, you can consider this a game that you may able loss and win. You can trade and enjoy and still be careful how you make a trade here  in bitcoin. It is not healthy if you are very seriously here because loss may cause milder emotions. Much better  if you just keep it calm, but you must be careful of all decision you made to, so that to prevent from regreting in the end.

[Genemind]

Of course not. Trading is a very serious matter that if not taken seriously could make anyone end up losing their bitcoin or other cryptocurrencies that they already had. Also, there is a proper and effective strategy that need to be implemented. Otherwise, trading for that person will not be a great source of income.

[PrinceCaspian]

I'm having fun in trading because it is like my passion to just do trading everyday and earn a couple of hundred dollars and repeat the cycle everyday but i don't feel bored because like i said, it is my passion and i find it as a fun activity and thing to do everyday because i don't ever treat it as a game because work is different from game.

[Erreefe]

The most important thing, in my opinion, is not trade your last money... put to trade an amount of money that you can afford to lose!

[chrismartin]

Yes it is.  Of we are enjoying of what we our doing in trading.  We can call it as a fun and games. We are enjoying of what we gain whether it is small or big.  And also we are learning a lesson of what we have hade an wrong action.

[nasqar]

Yes,
trading is fun

Sometime, or most of the time this game can make me awake

[wayaneka]

Yes I see trading as fun but this is not game, trading is seriously work that have aim to get consistent profit. In trading need to learn about technical and fundamental analysis, learn how o manage risk and also learn how to manage emotion and dont be greedy. This step will be difficult thing for some person who can not control their emotion. So trading is serious work that need good strategy, good risk management and good psikilogis.

[Muzika]

Yes I see trading as fun but this is not game, trading is seriously work that have aim to get consistent profit. In trading need to learn about technical and fundamental analysis, learn how o manage risk and also learn how to manage emotion and dont be greedy. This step will be difficult thing for some person who can not control their emotion. So trading is serious work that need good strategy, good risk management and good psikilogis.

if you will also want to trade you need to manage your time as also you have said you need to control your emotions , there are small time trader that once the price goes down they sell it immediately they dont have patience also when the prices up they sell it also even the price is still rising , sometimes being greedy is good when you see the price is still rising and you still have a chance to earn more .

[clarkt]

Trading is whole lots of fun indeed especially if you have master the art of trading in certain niche of the market. If your statergy turn out to be right again and again and again, I'm sure you will be entused by the out come of your work!

[Japinat]

Trading is whole lots of fun indeed especially if you have master the art of trading in certain niche of the market. If your statergy turn out to be right again and again and again, I'm sure you will be entused by the out come of your work!

That's it, it's only hard at the start because you need to learn first and continue learning until you master trading.
Although trading is a high risk way of making money but you can minimize the risk because what will happen is that you will make a good decision most of the time, making your profit in the long run.

[Smith871]

Trading is a game of seriousness like you have to take your job serious and doing all the procedure for it on time otherwise it will be very difficult for you because this is all about digital trade and you have to be familiar with each and every procedure all the time by giving sufficient time to your task.

[iv4n]

Trading is a game of seriousness like you have to take your job serious and doing all the procedure for it on time otherwise it will be very difficult for you because this is all about digital trade and you have to be familiar with each and every procedure all the time by giving sufficient time to your task.

For me its more game, its how I started. Not everyone here can be serious in trading, for that you need to have good knowledge and huge bankroll, only like that trading for you can be something serious. You need to understand many of us here, we come here without any knowledge about trading, we learn many things on our own with money we had, and usually that is some low amount. For us trading is just activity in free time that brings us some money if we do everything right, but how many times we do that in right way? I don't make money from every trade, I'm not so serious like you for example.
Trading is fun for me and many others, we have some money invested. Because price rise my 50 dollars trading with 50 mbtc is now 500 dollars trading, things became serious as money invested in trading.

[BaraxLo]

No trading isn't a sport, it is a very serious comany n whch a minor error will make you lost i lot of money which is a really difficult move to make, and so i do not observe that like a game, when some thing can make cash I usually serious rather than believed it as being a gamepia

I agree with you and I came across great minds in this thread. I loved to read about different people showing different thinking regarding same topic. This broadens the vision of The Reader. I don't consider trading again there is nothing wrong in enjoying whatever you do. 

If a trader does his job with fun then actually he will be more productive and successful in his career. This is what I have learnt from my life.

Yes of course,  i see trading as fun and games this because you are interested a lot. Seeing those tokens that having in progress and continuesly your give up until you can decide to sell it or trade. Funs and games are mostly combined series when starting trading or selling.

Trading is indeed a proper profession and you need to work hard to excel in this field. Trading demands sound knowledge about the coins you want to work with.

You need to know how to read those complicated graphs and how to infer the information that is useful for you form these graphs. I am pretty sure that successful traders have burned midnight oils to make large money with this profession.

[chief143]

Trading is fun but it's not a game.... real hard-earned money is on the line....

[BigTeeths]

It's very exciting so yes it's fun. Everything in life for me is part of a game so it's also a yes. The main objective of trading is to win all your trades and never let yourself be the loser.

[chicobr]

Certainly, trading is very excited. It can make you happy or it also can make you disappointed. It likes a game

[carodupuis]

In some way yes, it may be compared with gambling, but I try to diminish this factor and take trading more seriously

Not in some ways but in many ways. Gambling and casinos are just one part of it. Many gamers buy their game stuff with bitcoin, which is also the biggest investment in bitcoin e.g the most popular android games i.e clash of clans and clash of kings etc get the payment of their game stuff in form of bitcoin. Also the PC, play stations and X box games order is given in advance before their release date and advance payment is done using bitcoin.

[EdenHazard]

Certainly, trading is very excited. It can make you happy or it also can make you disappointed. It likes a game

even you have tried to be as serious as possible making profit in trading it will always a fun factor.

as indeed when you place a buy position that moment are like making bet , so do when you making sell position at higher price than when you buy it. these making money process are so excited and of course better than have to gamble on a casino.

[setupbounds]

Challenging, best of luc wkthin the arriving opportunities, be careful and ensure about the market in which to invest the next time.i

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.