Stock market trading is one of the most thrilling ways of making money in the modern world. It is almost the same as gambling and triggers the same level of dopamine in our minds when we click the Buy or Sell button. However, this is one of the major reasons for significant losses in the trading world.
In a game, you are the player, and your weapon is your skill. For example, if you have an AR rifle that shoots multiple times, you need to take multiple shots to hit your target or reach your daily goal. Alternatively, you can be a sniper who sits patiently, waiting for the perfect opportunity with just one bullet in the magazine. When that moment comes, you must execute it perfectly. If you miss, you have to retreat; otherwise, the enemy player might spot or shoot you, potentially ruining your profile—or, in trading terms, your portfolio.
In simple terms, if you miss your shot, retreat, reposition, and focus on the next opportunity. Once you shoot your bullet, the cost of that bullet is irrelevant. Forget about its price and concentrate on your next target. If you linger at the same spot after missing your shot, you’ll continue to get hit and eventually bleed out. It’s wiser to conserve your health for the next battle.
People often trade emotionally, attaching their lives to the numbers. But in truth, these are just numbers. If you treat them as nothing more than numbers on a screen, you are more likely to make money. Trading should feel like a game: you make a move only when there is a clear target. Otherwise, you stay still, moving in the shadows and observing your prey. Once you spot an opportunity, you attack with a pre-planned move, aiming to finish quickly. If you succeed, great! You’ve leveled up and can now wait patiently for your next target.
In the game of trading, opportunities appear every second, but you must decide how many you want to pursue, how much stamina your player has, and the strength of your weapon. If you feel your stamina is low or the next opportunity might be risky, it’s better to save your progress and start fresh the next day.