oldtime
Registered: Jun 2011
Posts: 7348 |
12-04-12 05:35 PM
Quote from oldtime:
if I knew how to guess right it wouldn't be guessing
otherwise, everybody has their idea how to guess right more than wrong, or guess right bigger and guess wrong smaller
if you don't think you are guessing, you are getting dangerously close to deception and complacency
me personally? I listen to what people say. I can usually spot somebody that is not talking bullshit. I just assume 99.99% is all bullshit, so when that .01 comes around it stands out from all the rest. Sometimes people talk with words, but usually they talk with prices in the market.
I have 4 fx currency pairs on now, and as far as I'm concerned it is just all bullshit. One player wins a pot then the next one wins a pot, nobody's stack changes that dramatically, and this can go on for a long, long time. They will tell stories. Some of them are out and out lies, some of them are true, but exaggerated.
It may go on for days, it may go on for weeks
But the great thing about trading is, you don't have to have the best hand, you just need to bet on who has the best hand
and one time, somebody will do something out of character. It may just be the tone of his voice, or he bets more or less than normal.
and it will become obvious, he is not bullshitting, so he probably has the nuts
and that is what you were waiting for
so you bet on him to win
and when they ask you how you knew
you just shrug and say, "I just guessed right."
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