Culture

Culture

by Mike Masnick





Video Game Skills Good For Trading Jobs

from the gotta-have-those-computer-smarts dept

It was just a couple months ago that a study said video games were good for children in that they helped promote problem solving skills (though, some of the results raised questions about the study itself). Now, some are claiming that good video gaming skills can be useful to jobs that involve trading in financial markets. The claim is that people who are used to monitoring things happening quickly on a screen and responding with their hands will be able to handle trading much better. They also seem to think that experience playing online poker helps traders learn not to get too emotional about trades (of course, it might help to find out if the players are any good at online poker first). None of the quotes in the article are backed up by any real studies. It's just people saying it as if it must be true. It might be more interesting to see if there's any real difference in traders who have gaming experience and those that don't.

4 Comments | Leave a Comment..

 

Reader Comments (rss)

(Flattened / Threaded)

  1. It Wouldn't Surprise Me

    by Steve Mueller - Oct 10th, 2004 @ 11:49pm

    If monitoring multiple things on-screen makes for good traders, I'd think it would also make for good air traffic controllers.

    In fact, I seem to recall hearing that people using flight simulator programs made better combat pilots. Whether that's true or not, I don't know.

    (reply to this comment) (link to this comment)

  2. No Subject Given

    by Arun Jacob - Oct 11th, 2004 @ 7:24pm

    Playing video games might make you quicker at responding to trade information that pops on a screen, but it won't make you trade better.
    For that, you need that thingy called IQ.

    (reply to this comment) (link to this comment)

  3. Re: IQ

    by Steve Mueller - Oct 11th, 2004 @ 9:58pm

    If working the trading floor is just being the first to respond when a price falls within a specified range, quick reaction time may well be all that's needed.

    I suspect you're thinking of financial analysis, not just trading. However, even in that case, IQ will only take you so far. Research and education are just as necessary. The highest IQ won't help a bit if the person doesn't understand financial markets.

    (reply to this comment) (link to this comment)

  4. by Anonymous Coward - Jan 17th, 2008 @ 11:43am

    i disagree with you but some of the part your sort of right.

    (reply to this comment) (link to this comment)

Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here
Get Techdirt’s Daily Email
Plain Text HTML Save me a cookie
  • Plain Text: A CRLF will be replaced by break <br> tag, all other allowable HTML is intact
  • HTML: No formatting of any kind is done without explicitly being written in
  • Allowed HTML Tags: <b> <i> <p> <a> <em> <br> <strong> <blockquote> <hr> <tt>
Close
Have a Techdirt Account? Sign in now. Want one? Register here
Get Techdirt’s Daily Email
Plain Text HTML Save me a cookie
Search Techdirt
And now, a word from our Sponsors..
Subscribe to Techdirt's Daily Email Newsletter

Techdirt's Daily Email Newsletter

Related Stories
Close
E-mail It