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"POKER RULE #85: Don't be mean-spirited. Playing poker brings out the worst in certain people - they take losses personally, act rude, get nasty, launch vendettas, and so on... This sort of mean-spirited approach to the game is not particularly helpful for the player or anyone else... The real...

Hi Flash, Thanks for your post. I have just started trying out another methodology and it is a bit longer term than the stuff I have been using. I took a little hit today because I have relatively little confidence in the methodology and the market confirmed my fear when there is little...

It is one of the most important advices both Marty and Bob Zoellner have spoken of. The other advice is when you are in reverse, you have to put it into neutral first before going to "drive." It's a real money saver in my case even though I forgot about it sometimes. The mental fixations onto...

"POKER RULE#84: Don't complain when you lose. Not complaining when you lose is not only good sportsmanship, it also has an important practical value... Who wants to call a bet against a guy no one can remember losing?" Even though only my wife would hear all my complaining, it will solidify...

You're welcomed. Merry Christmas!

Thanks. Now I have to worry about ten guys front-run me ordering the used book. :D

Do they have a major in gambling/probabilities at the university in Vegas? :eek: :D

I am now typing all the control codes with square brackets instead to display the result of the examples above. But you can't see them all by clicking "Quote" because they strip some of the control codes. This is bold This is italic my comment 1 my comment 2 my comment 3

Hi Larry, I am not sure this is the best way but this is how I usually do it. If you see the "Edit/Delete * Quote * Complain" at the bottom right hand corner of this post, and click on the "Quote", you can then insert text before or after the quotation. I am now typing parentheses instead...

The post below is taken from the ET thread "Reminiscences of a Stock Operator" on the most famous trader's handbook based on the biography of Jesse Livermore. On pg 68 is the quote: "It never was my thinking that made the big money for me. It always was sitting. Got that? My sitting tight!"...

Thanks. I am doing this so I can keep a little more between my ears. Merry Christmas!

Thanks for the encouragement. It's definitely the mindset and focus that makes the difference... of course a good methodology helps. Also it is also interesting to see how Marty doesn't trade S&P futures like what the textbooks said.

Thanks... so is that the interview you were refering to at the other thread?

Hi Larry, Do you mean to create a metaphor to anchor your mental energy? Thanks.

Hi Larry, I also like Doyle Brunson's book "Poker Wisdom of a Champion." I like the stories... very easy to read. He gave me an impression of always having a smile on his face (winner smile).

Nowadays I am not searching anymore. I used to collect tons of "edges." Then I found no place to put them in my cardboard box. :D

Is it any one of these interviews? Thanks. 1) Wall Street Uncut http://www.wallstreetuncut.com/scri...u19991022-final 2) Annonline.com http://www.annonline.com/cevents/RA...070&date=980422

Hi Guys, Larry W. Phillips, the author of the great book "Zen and the Art of Poker" is visiting the Zen thread. Any poker questions? http://www.elitetrader.com/vb/showthread.php?s=&threadid=38333&perpage=6&pagenumber=53

Yes, most of the time the market is random (efficient). Many of us are trading the S&P 500 emini futures contract intraday (price of the S&P 500 index) so the instrument is both leveraged and diversified therefore individual stock news has relatively little effect. However when the big...

Hi, which interview are you refering to? Hope I didn't miss anything. Thanks.