developing intuition for markets requires a lot of blood, sweat and tears as well as a ridiculous amount of resilience but once you develop somewhat of a "gut feel" which is hard to explain to others and can sense the rhythm and tempo of the market as well as understand certain behaviors that repeat, some of the pieces start to come together.
for some people, this is a lot more natural.
I've spoken to some of the best in the space behind the scenes and through recorded discussions I used to host (won't call it a podcast because that term has been muddied),
and I found that people who played certain PvP or strategy games competitively early or were professional or semi-professional poker players at some point have a starting point that is way ahead compared to others because of the way they have internalized betting on outcomes and risk management.
some thoughts on how you can attempt to close this gap:
> "life is poker, not chess" - Thinking in Bets by Annie Duke is a great book btw.
think in probabilities, not predictions
understand how to utilize bayesian thinking and keep working that muscle tirelessly.
> size small and get reps.
poker players learn fast because they play thousands of hands, you can't build intuition or pattern recognition by limiting the feedback loop.
take a ton of low risk shots so this learning loop can be faster.
> journal and review like game film.
competitive gamers rewatch their losses, you need to be aggressive with understanding early on what it is that drives you, how you react to certain stimuli, and how you make decisions when under pressure or when you feel like everything is going against you or for you.
> separate quality of decision from outcome.
a good bet can lose and a bad bet can win. this part is dangerous because you can have a shit process but piece together wins.
Ultimately you will rise or fall to the level of your system.
always focus on the process.
Bike by river and trails. Coffee and now read. Life good. But must make self better. Mistakes been make lately. Mind not unwound. Self trickery afoot. Patience and work needed.
@alexeinander I liked it, it’s something different. It follows her training under Erik Seidel. Really enjoyed the inside stories of the lifetime pro’s like Erik and others that she got to work with, hear about their day to day etc. Was written well I thought.
Talking at myself during session. Every thought, question, observation etc prior to action.Out loud, none stop, like I am sitting beside myself. It’s helped me a lot.
They say hand writing is more powerful vs typing.
Speaking out loud is more powerful than just thinking it.