Wednesday, November 02, 2005

While the chicken defrosts in the microwave...

So i'm here typing away while waiting for the chicken to be defrsted in the microwave after a long week...dammit its only tuesday. But anyways mondays and tuesdays are the worst days of the week as it has the heaviest subjects all crammed nice and tight together (and its compounded by the hangover of DOTA over the weekends), so it's pretty much a holiday again. Tmr's a day off, and so is friday, while thursdays is just a blip in the weekend.

But anyways i was playing this new virtual trading game called fxstudentchallenge where one assumes the role of a currency speculator armed 50 million pounds in cash. So there i was, not really bothering about it until this week's prize -the iPod Nano- was up for grabs. Suddenly that damned game mattered. And heck i was winning big on the 1st day ie Monday. However as the proverbial goes, "It isnt a sunday everyday" and today life came crashing down back to earth with record losses. What the heck. I need to fine new vices. I reckon that if i took a job for titicaca selling tickets for trips around UK in city uni i'd have a higher chance of getting enough money for a Nano. Not that i need it (Nano) anyways.

A few lessons can be drawn from this game:
  1. It's never enough. Human nature is such that we are meant to want more. No matter how much we have. Like how when i had 170k on monday morning i decided to let it go higher but the only direction it went was down. And many more times today which led to my demise in the game. So dont be greedy.
  2. If you have 50 million, go do yourself a favour and invest it in something better than currencies. Feed africa or something. I'm serious. The risk is just not worth the returns. Coupled with inflationary effects and making losses half the time, you'd be better off doing a desk job and donating 50 million GBP to those starving people in Niger.
  3. Go do something more worthwhile with your time. Spending lots of time looking at the screen analysing (vain attempts) graphs and trying to predict where the currencies are heading next (only happens if you are a mad fella like me) with money that never existed and will never exist is a real pathetic way to spend your life. Go read a book or something. Or maybe play DOTA...no DONT PLAY DOTA! That's bad too. But you get my drift.
But anyways that's my conclusion of the game while i'm flicking tabs looking at my USD/JPY climb higher and higher while my earnings are rapidly disappearing (damn youse USD!!). And that was the bell for my chicken.

Adios folks.

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