Which games resemble the game of trading the most?

Discussion in 'Psychology' started by aeliodon, Dec 19, 2006.

  1. Schaefer

    Schaefer

    Combat flight sims:

    WW2 = IL2+FB+Ace+PF

    Modern = Falcon 4, Lock On

    Setting up, and waiting for a perfect "boom and zoom", which sometimes takes hours, is a great way to train for patience, and discipline. Hey, it's just like trading :p
     
    #81     Dec 25, 2006
  2. Backgammon,i lost money trading for the first year (year 2000) but what kept my confidence up was the fact that i am a pretty good backgammon player and was always in the top 5% in whatever league i played in,i have been consistently profitable for the last 4 years now.

    When offered a double in backgammon one has the choice of accepting or forfeiting the game which hurts if you think you have a fair chance of winning which is similar to having to take a loss on a losing trade,i am sure if you can master bg you will ultimately be a decent trader.
     
    #82     Dec 25, 2006
  3. Ive often wondered why some inventive fellow doesnt design a game called Bulls and Bears or something similiar and do it like Monopoly where you buy and sell stocks instead of real estate and try to corner the market. Chance could give you random news events, etc.
     
    #83     Dec 25, 2006
  4. Similar game . . .

    http://www.stockrush.com/bullsbears.htm

    Great idea though.
     
    #84     Dec 25, 2006
  5. Shoulda figured it had already been done. Never heard of it so it must not be doing that well. Oh well...
     
    #85     Dec 25, 2006
  6. First instinct is to say poker, but like in trading alot of things that appear parallel often end up perpendicular.

    Imagine someone like phil hellmuth or mike matusow at trading? Assuming what's seen on tv isn't entirely an act.

    Have there been any big name poker players that have gone on to successful trading? I hear Jesus daytrades . . .
     
    #86     Dec 25, 2006
  7. drobin

    drobin

    For me it's Kung Fu- particularlly (Tai Chi-aka shadow boxing). It takes focus, concentration, commitment and discipline. Then once you think you've mastered it...POW! You haven't got it just yet, try it again. :(
     
    #87     Dec 25, 2006
  8. the one..the only..Stargate
     
    #88     Dec 25, 2006
  9. bighog

    bighog Guest

    tradernik

    Tennis is on a par with golf and trading also. Tennis is about skill, fast thinking and fast reactions. Forced, unforced errors, gee that sounds a lot like trading.
     
    #89     Dec 26, 2006
  10. It depends on the kind of trading you are in to...

    I am a person who these days makes his living (85% of it anyway) off position trading, and probably the best game for this is Civilization.
    Basically you make a series of moves and the result is uncertain for a while (except for the informational stop outs, where you get relatively fast feedback)... but if you make the right moves consistently well then a positive kind of result WILL be on its way (its just gonna take some time to reap the massive fruits of your endeavors)...

    If you are a swing trader (15% of my trades), perhaps some kind of lower complexity, quicker feedback strategy game would be of use... the game should also be lower stakes than Civilization to reflect the less fat tail nature of swing trading relative to position trading...

    For rapidfire intraday players (I have grown out of this high effort to reward ratio game and can't remember the last time I intentionally pulled up an intraday chart), the new Wii sports games may fit the bill:

    In a nutshell, immediate feedback provided and fast reactions needed... little time to think deeply... and also the kind of game (be it intraday trading or Nintendo Wii) that appeals to the younger ones :)

    There are as many categories of games that there are categories of trading, imho...
     
    #90     Dec 26, 2006