When someone reads my posts on the trader's contest blog they see that I don't focus so much on technical analysis charts even if that would be easier. I am more interested in the thinking, planning ahead and some game theory. That's why I'll share more of my thoughts since it's a weekend anyway. Since I mentioned game theory few think of trading as a game with more participants each wanting to win. The whole research on the game theory that was done was sponsored by politicians and hedge funds, those who have a big interest in winning. Politicians do it to outsmart the competitors and hedge funds to stay ahead of the curve. If it wouldn't be important they wouldn't pay to research these things.
Now my game theory thinking. The competition is pretty tough and I have to choose between a high risk approach trying to win the first place or low risk approach focusing on increasing equity irrelevant on what place I might be able to win. Also someone trusts me and is following my contest trades in his live account, which obviously I have to consider. It's a long weekend and there is more time to think about it.
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –