The one thing about playing games is you learn to shut off your emotions.
I cannot count how many hours I plunged into racing games in the arcades ruthlessly trying to hunt the clock down by tenths of a second. Slamming my foot down on the pedal I almost tried to break the game again and again tirelessly.Every second of the course I could memorize. The brain works tirelessly to memorize every fraction of a second so that I know exactly when to decelerate on taking a corner and come out flying in 5th gear. I would pray for forgiveness to my girlfriend and my friends girlfriends who had to stand by behind us in the arcades for hours on end and just cheer us on as we hunted the clock down again and again and again with greater perfection. The brain shuts off all emotion and sensibility and only the pure logic of a sequence of moves performed in split seconds made the difference between winning and losing.
The human brain is remarkable. You perform a task and then the neurons in the brain connect through chemical interaction transmitting commands and retaining feedback from the result which collects into a memory. the more you repeat the task then the stronger the neural pathway becomes and the more neurons become integrated into the process of repetition. The exercise of memorizing certain moves in sequence during a racing game speeds up the way the brain absorbs the visual data and then implements an action. In the process the brain formulates its own independence of decision -making as the game hunts down the clock to record the faster speed.
The gamer does not need 5 voices from behind to tell the gamer to shift down from 5th to 4th gear. Similarly, the gamer trader does not need pundits to tell him to do this and that. More than half of the pundits are useless and dead wrong anyway. A gamer trader, just as in the case of car racing, builds hours of experience through pattern recognition. the more and more you stare at the patterns and watch the movement of the candles then the more likely the neurons will collect in your brain and retain the memory for random access when you observe a sudden repetition.
In this sense arcade gamers become ruthlessly logical day traders in the forex markets. They shut off their emotions and they do not listen to anyone. They don't need pundits and they certainly don't need a multitude of technical charts. Hardly any of these gamer traders now rising would get into MIT. But they would thrash an MIT grad any time when it comes to the art of making money in the forex markets because they have spent hours building up their predator instinct which enables them to carve small pips here and there in short bursts.
Some people call it a 6th sense. in truth; it is just hours and hours of recorded information building a mass of neurons that process data lightning fast and helps the gamer trader take a decision in the blink of an eye. of course in the long run if you are a position trader looking for days and weeks as your horizon then technical information becomes handy. But if you are a day trader and if you depend too much upon technical information then you might just miss the swing of the mood as a market reversal suddenly occurs in a few seconds. the gamer trader instinctively reacts faster because he has amassed more neurons to record the patterns in his brain.
Simply watching the flow of prices in a day helps your brain to identify the pattern of movement.
Hours and hours of reading and education did not help me to become a good day trader. But by simply watching human emotions the brain comes to understand the patterns of price action and is able to determine a response just as faster than anyone who spent hours reading books.
