Trading vs Playing poker, will it help with my trading?
- Thread starter magix3d
- Start date
I think the benefits are:
1) learning how to be patient to wait for a good, high probability setup, and learning not to take crappy setups because you're bored
2) getting the feel for putting actual money down on an uncertain but statistically good outcome, as well as proper risk management of money
3) knowing when to bail if your setup is no longer a good setup (ie. the flop exposes a possible flush, etc)
4) understanding that you don't have any control over the actual cards, and being able to accept a loss, even though the setup was good.
5) Based on how large your stack is, you can drastically affect the outcome of a hand or trade.
1) learning how to be patient to wait for a good, high probability setup, and learning not to take crappy setups because you're bored
2) getting the feel for putting actual money down on an uncertain but statistically good outcome, as well as proper risk management of money
3) knowing when to bail if your setup is no longer a good setup (ie. the flop exposes a possible flush, etc)
4) understanding that you don't have any control over the actual cards, and being able to accept a loss, even though the setup was good.
5) Based on how large your stack is, you can drastically affect the outcome of a hand or trade.
Again, Susquehanna International Group doesn't think so.
LOL
My group is far from Degens.
The average income they make from poker is 40k per month and I have a few that make over 100k per month.
Believe whatever you wish but it's far from reality!
poker is like taking money from dumb people, just like trading. Except in trading you are more likely to be the dumb people (discretionary retail daytraders especially)
You have zero credibility with me.
There are probably << 100 Poker Pros that make $1,000,000/year...
Probably less than 50 and that's with wild variance...
And most of those have endorsement deals, etc...
And are 100% totally committed to poker...
And exactly ZERO of those would come to YOU for "FX training".
Why don't you just go away...
And stop promoting your FX scam on ET...
Without paying for an ET sponsorship
Who the F are you and why would you think I care about whether or not ,you think I'm credible lol
You obviously have zero clue about the reality of online poker and you certainly no nothing about me.
You need to do what you do best and go and watch some more TV poker and then go and donate at your local cardroom or better still give me your online screen name so you can donate to me.
Interesting thread 
See this link, which says that Poker is not a chance game and require skills. Also, people in the field of science are good poker players
http://www.npr.org/templates/story/story.php?storyId=130774148
By the way there is another ET thread on similar topic:
http://www.elitetrader.com/vb/showthread.php?threadid=12455&perpage=6&pagenumber=138
By the way, DeeDeeTwo your posts are interesting and sort of poetic.. Do you like poetry?
See this link, which says that Poker is not a chance game and require skills. Also, people in the field of science are good poker playershttp://www.npr.org/templates/story/story.php?storyId=130774148
By the way there is another ET thread on similar topic:
http://www.elitetrader.com/vb/showthread.php?threadid=12455&perpage=6&pagenumber=138
By the way, DeeDeeTwo your posts are interesting and sort of poetic.. Do you like poetry?