Good poker player = good trader?

Discussion in 'Trading' started by a529612, Jun 9, 2006.

  1. Wise words Don. I think it was Warren Buffet who said something like, You should work at that thing that you would be willing to do for free. {paraphrased}
     
    #51     Jun 11, 2006
  2. Daxtrader

    Daxtrader


    I was referring to NO LIMIT CASH GAMES only. The correct strategy for Sit and Go's is definitely TAG and not LAG as you have a limited amount of chips.
     
    #52     Jun 11, 2006
  3. guys... doesn't Johnny Chan write a column in Trader (monthly) mag. Don't know if that says anything about the aforesaid/debate discussion. Hmmmmmm! :D

    Ice
    :cool:
     
    #53     Jun 11, 2006
  4. Dax,i play TAG @ cash (ring) as well.

    i just don't play as much ring, as i do tournaments.

    just to make sure we are on the same page, I would define the "T" part of TAG as seeing under 30% of flops when playing @ 10 player table
     
    #54     Jun 12, 2006
  5. Erik Seidel has a feature in this month's issue. He used to be a floor trader. The article goes into a little bit of depth about it.
     
    #55     Jun 13, 2006
  6. bl82

    bl82

    Perhaps the obvious has been stated elsewhere, but good traders and poker players are the result of shared skills/traits, such as: strong/quick mathematical skills; deep knowledge of probability and statistics; ability to control emotions; understanding of psychology, especially vis-a-vis other participants; patience; discipline; etc.

    Add all these things up and you are going to be good at both trading and poker, but you can obviously only devote full-time study of one -- but the other can be a fun hobby, which you are naturally adept at.
     
    #56     Jun 13, 2006
  7. great - just got my copy today
     
    #57     Jun 13, 2006
  8. and you can also make money at both

    making money at poker is not very difficult.
     
    #58     Jun 13, 2006
  9. Just won my seat to the WSOP main event so psyccched!!!
    Sorry had to brag:p
     
    #59     Jun 13, 2006
  10. Huge!! Win it through satellites online?
     
    #60     Jun 13, 2006