video games and trading

[meatyoaker]

I hit StarCraft Grandmaster and Top 100 of the DotA ladder. That's pretty much as good as it gets for someone who doesn't play video games for a living. I'd say there's a similar obsession in wanting to find edge and improve, but trading has actually been easier for me than those gaming achievements. It took me over a decade, half of my life to get that good at those games, but I was a profitable trader after only about a year. It helps that my trading is automated, but in video games I have to actually sit there and use my brain and fingers and everything. So when it comes to skill and intelligence, I'd consider video games more difficult.

Now I've never actually sat there and set a hotkey to buy 100 shares and to sell 100 shares, trying to feel the flow of the market and scalp, but I feel that'd be closer to a video game and I'd imagine I'd just lose money that way. I have a lot of respect for people who can trade on discretion and instinct like that. That's probably much harder than a video game. And losing in a video game is absolutely harmless compared to losing real money in the markets. When it comes to psychology, trading is much harsher and it's not even close.

 

[JSOP]

Except that there is no respawn.

And resting or sleeping does not regenerate your account balance after you got damaged by the boss aka the market nor is there a healing spell.

 

[hilmy83]

Based on what I've seen, there seems to be a clear correlation between really successful traders who come from video gaming backgrounds. Supposedly, video gaming trains you to stay calm and focused when shit hits the fan, and because trading is so much psychology oriented, I can see this being a huge advantage. I saw on youtube kristjan kullamagi losing $1.5m on a kodk short and brush it off like it's nbd. I guess to these guys, trading is a video game, just like life, and maybe they just don't give a fk. Would you say this is an accurate assessment? Or is there more to this?

Sometimes, I find it crazy that I'm somewhat frugal in real life, but at the same time a gambling degenerate in trading. While it sounds absurd, would you say that this separation of trading from reality is as crucial, if not exactly the same as separating emotion from trading?

maybe professional gamers can be good traders, but most gamers...myself included

 

[Overnight]

maybe professional gamers can be good traders, but most gamers...myself included

Wow, that's a really sad video. What is weird though is that every single one of them has an illuminated keyboard, which seems to be designed to explode when they bounce up and down. Sure, the ones that get smashed directly I can understand, but the other ones?

Anyway, I think the moral of the story is that multiplayer FPS games bring out the worst in the new generation of gamers. We didn't freak the fuck out when we were playing Quake 1 or 2.

 

[ET180]

Maybe games like poker. Aside from that, I don't see a lot of similarities between trading and first person shooters. Reflexes won't provide an advantage because if it came down to that, the machines and heavily-automated strategies would win everytime.

 

[Peter8519]

What have limited neurons in our brain. We can't have everything either best in trading or best in game. Maybe gaming for unwinding the mind and come up better trading strategy later.

 

[JSOP]

Wow, that's a really sad video. What is weird though is that every single one of them has an illuminated keyboard, which seems to be designed to explode when they bounce up and down. Sure, the ones that get smashed directly I can understand, but the other ones?

Anyway, I think the moral of the story is that multiplayer FPS games bring out the worst in the new generation of gamers. We didn't freak the fuck out when we were playing Quake 1 or 2.

Well when you have idiot players like Leroy Jenkins, I can sympathize with the rage a bit, just a bit.

 

[maxinger]

video games - sword fighting with the enemy using plastic swords

trading - sword fighting with the enemy using metal swords

 

[Nobert]

Is this Path of Exile hardcore or softcore mode?

Soft. Never played leagues or hardcores on any games.

Wasn't that much about beating the others as about exploring new ideas/builds and tradind currencies/orbs/items.

A ranger that plays as a witch (lightning arc/nova) , that would be something on hardcore.

Noneless they still nerfed this build. Then restored

Best thing, got Three Dragons alt art, thus the thing is like an investment. 5~ mirrors by now. But playing it few days per year at most.
They plan PoE 2 tho , yet theres Diablo 4 coming, so the competition is there.
(Specially since D4 will look as D2)

What about u ?

 

[traider]

It used to be true when humans could do what HFT was doing and scalping for pennies. Less true now. The bosses has been imbued with AI that is undefeatable now