University degrees and MBAs do not prepare you for your life as a trader. That's a fact.
If I was running a hedge fund I would take 10 kids from the gaming arcades every single day over top university graduates.
It is scientifically proven that a person who drives a car for twenty years has faster instinctive data assimilation, pattern recognition and consequential action and more likely to avert a collision than a new driver. The same goes for computer gaming. These sharp kids who grew up in the arcades and played online at home have sharper reflexes to become a day traders. we are regularly reading stories of teen traders who quickly accumulate modest fortunes as they transfer their skill set into a new arena where you can actually make money; and they're reveling in it.
The problems with the degree holders is they read too much into the market. They refer to their Bollinger Bands and countless studies and by the time it comes to a trading decision they are swamped with information overload. The gamer, in contrast, does not read the stochastics and divergence indicators and a ton of technical studies. The gamer closes his eye for a second, feels the beauty of the market forces at war, and then opens his eyes to a world of rhythm. Just watching candlestick charts in free flow without any reference to a technical study, will reveal a world of pure movement. Watch this movement over days and your brain will start to form pattern recognition plans. Allow the brain to feel the market pulse and flow with it. Do not read too much or you face the danger of taking other peoples opinions and reading different interpretations into the market action.
Feel the market pulse and let your mind flow with the opposing forces of selling and buying.
Shogun Total War Video
