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by pps43 3155 days ago
That's the explanation I often hear that I find suspicious. It's not the same muscle.

Chess is a game with complete information, trading isn't. This is an important distinction, heuristics are very different. Maybe poker is better, but then there is opportunity cost. You can get better results by studying applied statistics or another subject matter area closer to trading.

I was playing chess competitively when I was young and am doing financial models for a living now. I don't think any skill or learning transferred.

1 comments

Sounds like we have similar backgrounds and careers.

I can’t think of any way of conducting a study to test a hypothesis.

I suppose I would say that, strictly speaking, chess is nothing more than a game of complete information, that has a big search space, filled with interesting corners.

On the other hand, when most non-experts play OTB, much of the thought is psychological — the classic leveling of “what is my opponent trying to do, and thinking I’m trying to do, and therefore trying to do...”