Buying Real Estate to lease out is very much like trading for me, you have to learn much like how to fix everything yourself, all years you grinding it out and every few years the rents goes up so you can buy more of them, but I was buying a few every year, at some point you become a broker so you can make/save more, I didn't actively do for public, mainly for self, after 15-30 years, you own them or in trading "you have arrived". I have found trading to be grinding it out.
Have You Ever Found Anything That Compares To Trading?
- Thread starter tommo
- Start date
Robert Morse
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Dieting? Now I need cake.
Coding/tech development, not just algos but any type of software.
You have to continually solve puzzles, come up with original ideas, find optimal solutions for GUI and internal logic, make improvements, and keep figuring things out. I usually compare it to a game as well, a game where the best solution wins, whether from usability, usefulness or architecture point of view. It can also be financially rewarding more than trading.
While actually I don’t like manual trading and find it too stressful and unreliable. I’m involved in trading only because I seek the ultimate technical challenge, and a field where I can play with an unlimited number of ideas and technically solve many unsolved puzzles. Rewards can also be great, but not bigger than creating a tech startup, unless the result of trading or trading-related tech itself becomes a startup (whether a hedge fund or some trading product)..
You have to continually solve puzzles, come up with original ideas, find optimal solutions for GUI and internal logic, make improvements, and keep figuring things out. I usually compare it to a game as well, a game where the best solution wins, whether from usability, usefulness or architecture point of view. It can also be financially rewarding more than trading.
While actually I don’t like manual trading and find it too stressful and unreliable. I’m involved in trading only because I seek the ultimate technical challenge, and a field where I can play with an unlimited number of ideas and technically solve many unsolved puzzles. Rewards can also be great, but not bigger than creating a tech startup, unless the result of trading or trading-related tech itself becomes a startup (whether a hedge fund or some trading product)..
Football Manager
Golf
Lot of similarities between the two
Just like trading you can play like crap the entire session and turn things around on one swing or hole
Also knowing when to lay up and cut your losses versus when to go all in and let the big dog eat
Lot of similarities between the two
Just like trading you can play like crap the entire session and turn things around on one swing or hole
Also knowing when to lay up and cut your losses versus when to go all in and let the big dog eat
I played online poker for a living For 6 years full time before transiting to become a full day trader and I see many similarities in both industry. The experience with poker is the one thing that have helped me the most in my journey as a trader.
I was playing online poker in 2005-2011 and these were considered the golden years of poker because the game got progressively harder through the years. In my opinion, the difficulty of a new Poker player starting out with online poker Today trying to get to the top is not far away from how hard it is to make it as a trader trying to trade for a living.
U can get an adrenaline rush when u win or loss a big amount of money in both poker and trading. Another exciting thing is that everyday is different and u will not never what tomorrow will bring. But as u do it long enough u don’t offer get these feelings because u get use to the big swings and understand that it’s a part of business.
In both industry, u need to have similar skillsets in order to succeed: proper risk management, disciple, patience, good problem solving skills, understanding players ranges and basic math(for stocks understanding at least basic technicals and basic math), and both will require a tremendous amount of work. You need to treat both like a business and have a solid game plan as to how you will make money.
One major difference is that in poker you have to know your opponent’s tendencies, understand their strength and weaknesses in order to exploit their game. But in stocks, u don’t know who is on the end of other the screen so the best that u can do is to educate yourself as much as possible so the opposition can’t take your money.
I was playing online poker in 2005-2011 and these were considered the golden years of poker because the game got progressively harder through the years. In my opinion, the difficulty of a new Poker player starting out with online poker Today trying to get to the top is not far away from how hard it is to make it as a trader trying to trade for a living.
U can get an adrenaline rush when u win or loss a big amount of money in both poker and trading. Another exciting thing is that everyday is different and u will not never what tomorrow will bring. But as u do it long enough u don’t offer get these feelings because u get use to the big swings and understand that it’s a part of business.
In both industry, u need to have similar skillsets in order to succeed: proper risk management, disciple, patience, good problem solving skills, understanding players ranges and basic math(for stocks understanding at least basic technicals and basic math), and both will require a tremendous amount of work. You need to treat both like a business and have a solid game plan as to how you will make money.
One major difference is that in poker you have to know your opponent’s tendencies, understand their strength and weaknesses in order to exploit their game. But in stocks, u don’t know who is on the end of other the screen so the best that u can do is to educate yourself as much as possible so the opposition can’t take your money.
im not here to make friends. you guys make it sound so amazing you really grandiose what you do. you watch charts click the mouse gamble and thats about it. it is most closely related to horse racing which is gambling. it is closest to this than any of the others for obvious reasons and most not so obvious reasons. least if which has anything to do with racing.
Currently 95 514 members of which only 13 members plus 410 guests are online.It looks more like the activity where you put in money to support a habit,money comes from other sources or employment.
So it looks to me like any failed business.
So it looks to me like any failed business.
truth