Video Gaming and Day Trading

[12WBT]

Do playing video games help make day traders better.

Playing Xbox, play station, etc do they make you think of trading as more of of a game.

Will it help take the psychology out of trading, make you sharper in taking positions, seeing charts patterns, reading market numbers, better at cutting loosers when wrong and taking winners to the full.

Or is it just hocus pocus and trading is just strictly a business?

Game Play or Business or both or none.

 

[Forexmospherian]

Yes Trading is a business - but we are really playing in a "game"

This guy certainly looks upon it as a game - and his previous experience has assisted him to make serious money

http://www.bloomberg.com/news/2014-...ng-japan-made-more-than-1-million-trades.html


Regards

F

 

[Sonicscooter]

Same story you posted, but a good read........probably increases your reaction time.

 

[bredin]

I play video games while waiting for trades to do their thing.

Multiple monitors rock.

G.

 

[MistakesWereMade]

Do playing video games help make day traders better.

Playing Xbox, play station, etc do they make you think of trading as more of of a game.

Will it help take the psychology out of trading, make you sharper in taking positions, seeing charts patterns, reading market numbers, better at cutting loosers when wrong and taking winners to the full.

Or is it just hocus pocus and trading is just strictly a business?

Game Play or Business or both or none.

People who play video games all day have an addicted brain. The more video games you play the more your brain turns to goo. So even while there might be some psychological aspects that would help in trading, the tradeoff to your brain chemistry is not worth it. You'll not become sharper by playing video games, not even games specifically made for that reason. They're all hogwash that began from the Nintendo DS fad of brain games. If you're not heavily addicted to video games then it's ok as a mere distraction.

 

[bredin]

People who play video games all day have an addicted brain. The more video games you play the more your brain turns to goo. So even while there might be some psychological aspects that would help in trading, the tradeoff to your brain chemistry is not worth it. You'll not become sharper by playing video games, not even games specifically made for that reason. They're all hogwash that began from the Nintendo DS fad of brain games. If you're not heavily addicted to video games then it's ok as a mere distraction.

An interesting distinction given that trading is the best computer game ever devised 😉

G.

 

[xatta]

I guess you can think of trading as a massive multiplayer game with few rules and "winning" can mean something different for each player.

 

[Grommy]

People who play video games all day have an addicted brain. The more video games you play the more your brain turns to goo. So even while there might be some psychological aspects that would help in trading, the tradeoff to your brain chemistry is not worth it. You'll not become sharper by playing video games, not even games specifically made for that reason. They're all hogwash that began from the Nintendo DS fad of brain games. If you're not heavily addicted to video games then it's ok as a mere distraction.

I used to play a lot too. There’s some truth in what you say — excessive gaming can hurt discipline. But moderate gaming as a break while waiting for setups can actually help switch off the emotions

 

[Grommy]

I play video games while waiting for trades to do their thing.

Multiple monitors rock.

G.

What games do you play?