Trading is a Game, but very different one!
Competition in the Game of Trading is very different one from the regular sports you are familiar with.
11/18/20232 min read
I played a lot of gully cricket in my childhood, but I haven’t become a professional cricketer, neither I have ever played against any professional player. Point is, in any sports, first you compete with your classmates, later on with school mates of same age group, then you go on to compete at interschool level, much later at state level etc. Very few of us keep pursuing that sport and get a chance to compete with professionals and only few make it to national teams or into the Olympics. In a nutshell, in regular sports like competes like & you get to choose your competition.
But unlike other sports, Trading is a very different scenario, where you don’t get to choose your competition or opponent based on your level of expertise or amount of trading capital or any other criterion; it means you have no choice in Trading. The day you take a trade, your competition is directly with the best trading professionals who are employed by big institutions. Now imagine the kind of game you are going to play while Trading- it is no more a like vs like competition; rather an uneven game! Point is, Trading is a serious game which involves your pocket! If someone says to you that Trading is easy, just ignore that noise.
This game called Trading involves buying or selling underlying instrument of choice (UIC) e.g., options, equities or commodities etc., so as to make profits. Obviously, winner being the one who is able to buy at lower prices & sell at higher ones. To become a consistent winner, it requires a process driven training just like any top-level athlete or cricketer requires. Do you still feel trading is an easy profession or business or for that matter an easy game? Just think about it. Like any other serious profession; dedication & perseverance is critical to become a successful Trader. Most of the novice traders treat trading as a side job & they invest little time in learning; even those who want to learn trading, unknowingly follow the wrong path for their habit of taking short cuts. But let me share the plain truth from my own experience that, learning to trade markets is as rigorous process as doing residency in medical college!