Webster’s dictionary defines game as:
A. placing a bet for money or property,
B. betting on an uncertain outcome.
Bet something on a contingency; risk.
When trading is analyzed, the game takes a dynamic approach that is much more complex than that presented in the definition. Money traders are betting without knowing it. In this article, we will look at the hidden ways in which gambling insinuates into trading practices, as well as the stimulus that can lead an individual to negotiate (and possibly gamble) in the first place Macaubet. The market will determine whether they will succeed or remain a mere player in the financial markets.
Emotional gambling (negotiation).
Even a losing trade can arouse emotions and a sense of power or satisfaction, especially when it comes to social evidence. When a person exchanges for excitement or social proof, it is likely that they are negotiating in a style of play (there is how emotions can interfere with negotiation by reading ‘Master your business negotiations’).
Trading to win and not trading a system
Trading to win seems to be the most obvious reason to trade. After all, why trade if you can win. Trading to win can really take us further away from making money. The focus on gaining strength in the trader to a position where he does not leave the bad position, because to do so would be to admit that he lost in that negotiation. Good trader makes many losses. They admit that they are wrong and keep the damage small, not having to win all negotiations and suffer losses when conditions indicate.
Finally, not trading the system that is methodical and tested, but rather violent emotions or an attitude that you must win to generate profits shows that the person is betting on the market.