Re:We live in an age of distractions, dealing with constant ...
by agumonkey on Sunday February 21, 2021 @10:35AM
(#26214168)
Trading is a soulless activity but the psychological, social and superstitious aspect of it are quite interesting. It taps deep into the fear/hope/chaos part of our brains.
Everybody is angry to see $crypto reaching 300% but when it dips back half, nobody wants it anymore, until it grows again. Trading flips our natural reflexes upside down.
The guru/superstition aspect is also something rare.. the actual knowledge of traders is really thin, but it can sound sophisticated if not advanced for the average crowd. Paired with the fact that all that is said comes with a "work 70% of the time" there's always enough room to justify errors and failures and still look like a guru to your crowd of wannabee-rich.
That said it's also a good tool to learn about calculated risk, adventurous and also balance (many start glue to their screens but with time you know how to not overspend your time like this).
Everybody is angry to see $crypto reaching 300% but when it dips back half, nobody wants it anymore, until it grows again. Trading flips our natural reflexes upside down.
The guru/superstition aspect is also something rare.. the actual knowledge of traders is really thin, but it can sound sophisticated if not advanced for the average crowd. Paired with the fact that all that is said comes with a "work 70% of the time" there's always enough room to justify errors and failures and still look like a guru to your crowd of wannabee-rich.
That said it's also a good tool to learn about calculated risk, adventurous and also balance (many start glue to their screens but with time you know how to not overspend your time like this).