Ive done both... IMO if your not disciplined enough to trade you dont have a shot in hell at poker..... you can blow yourself up and turn degenerate 100 times faster in a casino or online poker than you can with an ameritrade or IB account.....To the OP, you may be the exception to the rule... GL
Sorry that you could not make it as a trader. You seem like a nice enough guy, so I will tell you the three biggest holes in your game as presented on your web site: 1. You raise different hands differently This gives skilled players information about your hands for free. 2. You call with some hands and raise with others A hand that is worth playing is worth making a raise. 3. You make bets as a function of the blinds Think in terms of the implied value of the pot for future rounds of betting. Every profitable poker player (or trader) is eventually interested in increasing the sakes. I am sure that your play is profitable in micro stakes as you say, but you will be crushed in bigger stakes with the "weak-tight" game.
Lundy, congrats on your new found success. I remember your posts. Just curious I have never played poker for money. Isn't poker about reading the player even more than the cards you are holding? How does one accomplish that online?
People who have watched me in action know that I am anything but cold and unemotional in my trading. IMO, emotional control is really not necessary to be a successful trader....Discipline, the ability to act while under fire, flexibility, and mindset are! Poker requires two more skills, reading people, and being and ICEMAN, playiing the game stone cold, Ice running through your veins, so you make no mistakes and never give away what you're holding. Cool links though, I've been meaning to study the game a little more!
I just read a little more on your site, from what I gather, You play poker for $50 to $75 per day, and you call that a living?
Mschey It's better than working at Mcdonalds. Its low stakes. Its entry level. It's easy. And I'm self employed. It also has upside potential. Its much easier to break into the poker scene than the stock scene. Less capital required and easier to profit immediately
In lowstakes full ring poker, "reading". is not as important as just playing ABC poker. However, I do use online software that helps identify types of players. My method and the software work great. Read my site to find out more.http://www.lowstakespokerpro.com