All the accounting classes and finance classes never helped like video games do. Don’t make fun of me because the movements made on LL2 and tape by Algos, Retail-RH trades, Pros and Whale intraday to a gamer because we filter out nano move noise. If I was 17 with my video game speeds, I would be up way more because age slows are reactions.
I am not making fun of you Ted. You seem a tad sensitive? I agree with you: Re -scalping - I think that a video game approach to trading works far better than a load of indicators. Age? There are reports of young traders who approach scalping as a video game. And I was young once
Was playing Mount and blade 6~ yrs ago. Found out that i can move around as caravan trader and profit. Did so. Then found out that it's possible to invest for 20% monthly returns (word) Did so. Eventually stacked up so much that could have buy out half of the game world map. Thought - woah, this investing stuff is pretty cool. Same would happen in all of the games that had finance involved. (Only now as i write, came up with this realization) 3 yrs down the line, heard of SnP 500 for the first time & journey begun.
I have been a gamer since the early 90s, and a trader for over 10 years. I see my trading like some kind of game. I like fast markets (NQ, FDAX...), fast and frequent entries and exits (scalping for a few seconds). To me, it is all about experience, skills and... FUN. The more you enjoy your "game", the more you play it. The more you play, the better you get at it. No rocket science. I use game sounds (Super Mario coins, Turrican laser...) as trade confirmation, cancellation sounds in my trading platform, makes it feel even more like a game. A while ago I even connected a Xbox controller to my trading PC and tried the trading with the controller buttons, but it was too limited and slow, so I returned to the classic mouse and keyboard soon. I often play games while trading, especially when the market is slow. Keeps me busy and prevents me from doing unnecessary trades.
%% Some principles are common to both. A lotto is a stupid tax on people that cant do math. But that remark does not apply to market makers/specialists who CAN make a lot/ on a little.............................................................................................
In principle, both this and another is a game and the ability to trade profitably and play successfully comes with time and with the acquisition of experience and special skills. Therefore, I think that they are close to each other.
There's a lot of parallels in terms of mental aptitude between competitive gaming and trading. Rapid decision making under stimulation/pressure, attention to detail, powers of recovery, meta-behaviour etc. Because a lot of gamers now stream themselves in competition - there's loads of Warzone competitions going on right now - you can see all these aptitudes on display. If I was to raise/nurture a group of traders into profitability I would probably pick from the talented kids in the competitive Warzone scene (someone like DiazBiffle or Almond). I would pick from this group over the poker lot because there is no assumed skillsets from a bunch of kids enjoying themselves playing video games versus the poker group who think they can impose a structured probability game from a set of cards onto an arena like the markets where chaos and randomness is much more rampant.