If you see trading as an exhilarating game 🎮... that's perfectly fine.
The world of stock trading is captivating and enthralling. It's incredibly easy to get thoroughly absorbed, to the point where you find yourself setting personal daily transaction limits to avoid overtrading, and getting stuck staring at charts is a classic issue for traders. It's such a fascinating profession that many liken real trading to an addictive computer game 🕹️. This brings up the question: is it okay to feel this way?
Indeed, traders are often cautioned about the risks of falling into a gambling trance, the dangers of excessive thrill-seeking, and reminded that the stock market isn't a casino 🎰. Clearly, trading shouldn't be approached as if it were a gamble. However, play is a complex and layered phenomenon, extending far beyond mere chips and roulette.
Play represents a means of discovering the world, acquiring new skills in an utterly compelling manner, a form of communication and interaction, and a chance to transform mundane tasks into captivating pursuits 🌟. This concept has been extensively explored by psychologists through numerous monographs, theses, and articles. This innate inclination towards play is embedded in our nature: animal cubs play, children engage in play, and adults... well, they play too 😄)))
So, it's entirely normal if trading on the stock market (a term that has emerged quite fittingly) feels not like tedious work but an incredibly engaging pastime for you. The key is to keep your level of excitement in check.
To wrap up, I'll leave you with a quote from Livermore's book: "The stock game is the most enchanting game in the world. But it's not for the foolish, the mentally idle with a low emotional quotient, nor for the risk-taker looking to make a quick fortune. They will end up impoverished."
But what if you're tempted to challenge Livermore's perspective? 🤔
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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Oflis77
· 2024-02-19 19:30
I hope you provide a fundamental understanding of the trading world so as not to get caught up with gambling
If you see trading as an exhilarating game 🎮... that's perfectly fine.
The world of stock trading is captivating and enthralling. It's incredibly easy to get thoroughly absorbed, to the point where you find yourself setting personal daily transaction limits to avoid overtrading, and getting stuck staring at charts is a classic issue for traders. It's such a fascinating profession that many liken real trading to an addictive computer game 🕹️. This brings up the question: is it okay to feel this way?
Indeed, traders are often cautioned about the risks of falling into a gambling trance, the dangers of excessive thrill-seeking, and reminded that the stock market isn't a casino 🎰. Clearly, trading shouldn't be approached as if it were a gamble. However, play is a complex and layered phenomenon, extending far beyond mere chips and roulette.
Play represents a means of discovering the world, acquiring new skills in an utterly compelling manner, a form of communication and interaction, and a chance to transform mundane tasks into captivating pursuits 🌟. This concept has been extensively explored by psychologists through numerous monographs, theses, and articles. This innate inclination towards play is embedded in our nature: animal cubs play, children engage in play, and adults... well, they play too 😄)))
So, it's entirely normal if trading on the stock market (a term that has emerged quite fittingly) feels not like tedious work but an incredibly engaging pastime for you. The key is to keep your level of excitement in check.
To wrap up, I'll leave you with a quote from Livermore's book: "The stock game is the most enchanting game in the world. But it's not for the foolish, the mentally idle with a low emotional quotient, nor for the risk-taker looking to make a quick fortune. They will end up impoverished."
But what if you're tempted to challenge Livermore's perspective? 🤔