Life Lessons From A Virtual Trading Game: What The Stock Market Taught Me
Photo by Nick Chong on Unsplash About six years ago, I took a course on investments and stock trading which was fun for some parts but really complicated for the rest. However, we had this group activity that became part of our project in a way in which we went on this virtual trading platform and invested money on stocks. My friends and I were quite stressed because we didn't really understand the principles that well, so we lost some money at first, and then later on, one of my friends discovered a means of getting quick profits on short trades, so we ended up winning the virtual trading game. And here are some of the lessons and insights I learned from that time: 1. Don't get too obsessed on a particular path, be flexible and move on If you think that you are on the wrong path, no matter how much costs or losses you have incurred, do not prolong the torment. Get out of that sticky situation while you still can and simply try to recover what you have lost by making the right,...