Yep I am playing online. I started with a few hundred but I am up thousands by now, wouldn't even think of going pro until I have a comfortable bank roll. Thanks Nkhoi. Good luck in your trading.
another one bites the dust We have a pretty vicious attrition rate for ES/NQ traders here... More like 99%.........
But this one quit while he was about $100 ahead. Seriously, poker is just so much easier that I don't feel the need to get myself all stressed out trying to beat the markets. I realized I would rather do a little math than try and predict the future. The hours are much nicer as well. If I hadn't found poker I would still be trading for sure, but I did some numbers last night and I am making over $50 an hour, and that is a huge amount of money for me.
If you are making $50 an hour playing $5/10 you are a phenomonen. Congratulations. 5 big bets an hour is incredible.
Keep in mind this is in hi/lo. If I said I was doing that in holdem I would be full of it. EDIT: I also play multiple tables when there are a few going. Makes a big difference.
Ive often thought it would be possible to design software that could play limit holdem. The competition in the lower limits is atrocious but its hard to make a living. Playing multiple games could solve this problem. I can handle three at a time but just barely. A computer could play many games at once. The rules for a winning system at low limits is not that complicated.
There are rumors that people are already doing that, but it is all just speculation I think. I can't stand playing the low limit tables, too many fish, and when have 4 fish calling you to the river when you hold AA, you are an underdog to win. Gets old. The only holdem I play now is in tournaments where skill usually prevails.
No, you are still the favorite to win, but your chances of winning the hand go down when compared to, say, 2 fish calling you to the river. On the other hand, your expectation with more players in the pot goes up. Nice to hear of your online exploits
I've set a goal for myself, I have cashed out all but $100 from my account. If I can turn that into 1k within a week I am putting in my two weeks notice and going pro. Wish me luck!