Poker vs Trading

Quote from hdawg87:

wouldn't you rather play in a casino? I personally like the feeling of holding chips and being able to see my opponents.
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No, to make money you need to multi-table.
 
Quote from baggerlord:

nice candle, i'm curious, what sort of bankroll do you think you need for 5/10 shortstacking? Rough winrate? I play up to 2/4 NL if a game is good, normally lower though, fullstacked.

I think being a shortstacker could be fun since all the players get so pissed at you guys all the time.
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I am over-rolled. I have 30 full buy-ins at each site i.e. $30,000.

This means I don't have the hassle of refilling on downswings.

Win rate is around 3 bb/100 (1.5ptbb/100), but I multi-table massively.

Yes, other players do not like what I do, since I leave the table on doubling up.
 
I always got a kick out of the forum discussions on how shortstacking is "unethical" lol. Bunch of whining 18 year old kids mad that someone found a way to get an edge on them. They don't think there is anything wrong with 8 table PAHUDING the fish to death of course.

I don't think there is any problem with either, since poker is all about taking money from other people!
 
I have found i do the best playing on small non pokertracker sites as a prop. Right now the site I am playing most of the action is at .50/1 NL buy my hourly is ridiculous, like 160+ because all the fish buy in for 200 BB, plus 100% RB.
 
Great post: Someone sensible in ET. :)

Don Bright
Bright Trading, LLC

Registered: Oct 2001
Posts: 9462


08-12-08 03:53 PM



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Quote from crgarcia:

In the markets, past performance influences future price movements.

In poker previous results have nothing to do with future results. (i.e. poker is completely random, markets are NOT).
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You might get a discussion from those much smarter than me about both of those statements. You have a finite number of cards thus not a totally random walk. And, in the markets when earnings surge and the stock falls 10% this time vs. rising 10 % the last time it had good earnings...?? Makes one wonder a bit.

Both are much easier and more fun than working for a living, that's the important part, LOL.

Don


__________________
Don Bright (not an alias)
http://www.stocktrading.com
 
Poker results are OPPONENT dependent... hence the extensive use of HUDs to determine the best tables to play on...

Good cards only matter to a small extent... what matters more is how well your opponents play relative to how you play...
 
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