Can you deny trading is fun/challenging?

systematictrader · May 26, 2020

Call it what you call it, Fun/challenging/motivating, What ever that term is to you, can one deny that those who trade do it for a reason as you defined above (Fun/challenging/motivating) beyond the money, Other wise why would multi millionaires, billionaires, and any one in between continue to trade when they have more than enough to live the rest of their lives?

MikeC93 · May 26, 2020

I couldn't agree more! I just started getting into short term trading. It definitely is a scary game to play, but a game none the less! I'm looking for some investment tips from more experienced traders, anyone have any tips or ideas on how to find affordable, good stocks to day trade? I have been reading books, articles, joining chats, downloading software and I have to say I love it so far. I made my first $100 on Friday trading Tilray (TLRY) cannabis stock.

Dazz · May 26, 2020

of the 10 common faults (https://listverse.com/2010/01/07/top-10-common-faults-in-human-thought/), several relate to trading and can get in our way.

mlawson71 · May 26, 2020

I think it depends on the person. Some people would just find it stressful.

destriero · May 26, 2020

Dude, what are you, 12?

systematictrader · May 26, 2020

mlawson71 said:
I think it depends on the person. Some people would just find it stressful.

But why would they do it? for the money yes? then why do they CONTINUE to do it?

Overnight · May 26, 2020

systematictrader said:
Call it what you call it, Fun/challenging/motivating, What ever that term is to you, can one deny that those who trade do it for a reason as you defined above (Fun/challenging/motivating) beyond the money, Other wise why would multi millionaires, billionaires, and any one in between continue to trade when they have more than enough to live the rest of their lives?

We do it for the money. Not for the fun or the challenge.

systematictrader · May 26, 2020

Overnight said:
We do it for the money. Not for the fun or the challenge.

Then answer the question why do those who have significantly more to live their whole lives continue to doing it?

KCalhoun · May 26, 2020

And it's still a thrill 21 years later. It's an ongoing puzzle to solve with fresh answers daily. Unlimited upside and downside.

Overnight · May 26, 2020

systematictrader said:
Then answer the question why do those who have significantly more to live their whole lives continue to doing it?

Do you know of any who "trade" because it is a thrill or a challenge, and are billionaires? Personally? If not, unless they have given a specific reason as to why they do it, we do not know their reasons. You are assuming. Maybe those paper billionaires are in serious trouble with their hedge funds, and are trying desperately to not lose their shit. Oh, wait, hedge funds...It is not THEIR money, it is OPM.