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> Making and losing money can’t mean anything or have any emotional impact, one needs to just see numbers, statistics and trust on one’s strategy. I've known m

> Making and losing money can’t mean anything or have any emotional impact, one needs to just see numbers, statistics and trust on one’s strategy. I've known many poker players who end up taking this to the extreme and basically think of every hour of their life in terms of their per hour expected value at the table. Like, "Is it worth it to go to dinner with friends or should I play for those 2 hours instead?" There are definitely happy and well adjusted poker pros as well who can shut it off at the end of the day, but that's a learned skill that doesn't come easy to many. Maybe this is less of an issue with trading because the market has set hours?

_benj 2y ago
Well... I trade futures which are open 24/6, but then again, my strategy mostly trades around specific dates when economic reports are released so, when there are no new economics reports I don't have anything to do... but it certainly varies from person to person and from strategy to strategy. But you are right, trading certainly makes one A LOT more aware of risk/reward just in general life, which can be good or bad. Also, it is very easy to gamble instead of speculate, that is to trade something one "hopes" would work vs. trading something that has a statistical percentage of working, and the difference between the two is purely emotional, because one can convince oneself of quite literally anything! Come with a bullish bias and everything looks bullish... take a step back and reconsider and see how easy is for one to see what one wants to see.