aJonathan Wendel earned $454,544. He is very similar to us traders in many ways despite being a professional video gamer.
Academics have in fact identified the roles that professional gamers adopt — such as Explorers, Sentinels, Analysts, and Campaigners. Not that dissimilar to the tribes academics assigned us traders. The point is, we are more alike than we are unalike, and both groups could learn valuable lessons from one another.
I’d like to focus on one important similarity. Professional video gamers competed for more than $65 million in prize money last year. It’s serious money that demands a serious mindset. Therefore, the top professional gamers treat it like a business, just the way that we traders need to treat our trader mindset and risk management efforts as a business.
For example, the Los Angeles based video game team the Immortals, has hired its own performance coach to insure that the group is ready to perform. Long hours in front of the screen fueled by junk food are long gone. Lifestyle and fitness training is the norm today.
To achieve stock market mastery also requires a structured lifestyle, and although many of you may not want to hear it, fitness must be an essential part of that. I submit that we traders must be even more diligent than professional gamers. They only need to be 100% during tournaments. Most of us, on the other hand, have skin in the game and money on the table every day, all year round.
Think back to how Tiger Woods changed the golf world. He trained like a decathlete and competed as such. Most CEOs I’ve met clearly deem fitness important. I’m not suggesting that you train as intensely as Sir Richard Branson (Virgin) or Dick Costolo (Twitter), but as 84-year-old T. Boone Pickens says, “my fitness is a daily priority”. Besides the obvious benefits of living longer and avoiding illness, I’ve found when I am fit, I have more energy, better mental health and an empowering confidence in my trading abilities.
The bottom line is that if you take care of yourself, your Trader Self will take care of the profits. My motto as trader is “Be Fucking Awesome“.
Now, I’d love to hear from you, perhaps your experiences on this subject.
What part of this conversation was most impactful for you? Leave a comment below and let me know.
Remember, share as much detail as possible in your reply. Thousands of incredible souls come here each week for insight and inspiration and your story may help someone have a profound shift.
Important: share your thoughts and ideas directly in the comments. Links to other posts, videos, etc. will be deleted as they come across as spammy.
Thank you for reading, watching and adding your voice to the conversation.
With that said, “We have great challenges and great opportunities, and with your help, we will meet them together!” – Jason