Poker and the Beginning Trader

Discussion in 'Psychology' started by FanOfFridays, Jan 3, 2003.

  1. Play around with that program and see if you like it. It's free, nothing to download.

    What I think you're looking for is a BOT....and I'm saying DON'T GO THERE.

    A) I've yet to see a commercially available bot that can actually play solid poker.

    B) Bot users are considered SCUM by 99% of online poker players. Don't be scum. Eventually you'll come across this:

    http://www.winholdem.net/

    But I'd strongly advise you don't touch this thing. Very unethical, and from what I understand, it doesn't even play well. Plus, anybody using this bot should be BANNED from online poker.

    A poker calculator isn't a bot, and is perfectly fine to use- but it won't say 'fold' 'bet' 'call'....it just calculates the odds of any hand against any others. Good luck...
     
    #351     Mar 1, 2004
  2. traderob

    traderob

    A book that helped me turn a corner in trading is Zen and the art of Poker, Larry Phillips.
    I joined partypoker and played a few rounds. But I have some residual hang-up that gambling is bad? Please help.
     
    #352     Mar 1, 2004
  3. traderob

    traderob

    Thanks Rearden! I am a newbie so any advice like this at my early stage will save me heartache.
     
    #353     Mar 1, 2004
  4. In my case it's not gambling...It's gam-bling-bling. As far as your hang-up...read some Ayn Rand or something.
     
    #354     Mar 2, 2004
  5. Why do you think that gambling is bad? What is it about gambling that is bad?
     
    #355     Mar 2, 2004
  6. Getting a religious education in one's childhood can cause all sorts of hang-ups and irrational thinking.
     
    #356     Mar 2, 2004
  7. traderob

    traderob

    My family were pretty atheistic, though no doubt I have picked up some anti-gambling vibes from religion.
    But I think also organisations like Gamblers Anonymous have done their bit.
     
    #357     Mar 2, 2004

  8. In that case, gambling presents no more or less of a problem than alcoholism, drug addiction, overeating and sloth, smoking, etc. No matter what you believe about the possibility of some sort of OCD -related genetic predisposition to these behaviours among addicts, the vast majority of people cannot overcome their behavioural tendencies because they don't have the strength of mind to do so. Once things get bad enough they either find the strength or they don't. I may sound harsh but I am speaking from experience. I never looked to some sort of early childhood trauma\dysfunctional family - societally imposed feeling of insecurity - culturally imposed marginalization - 'goatish lusts of papa'- type of excuse for my own addictive behaviours. My behaviours were and are my reflective of my own choices. If you think you may have a problem with gambling, don't do it. But there's nothing 'bad' about gambling itself. There are only the bad choices of gamblers. Like drawing to an inside straight without the right pot odds :)

    roberk, this isn't meant as censure - just a statement of my feelings.

    Before flaming me for this, please note that I said 'in the vast majority of cases'.
     
    #358     Mar 2, 2004
  9. traderob

    traderob

    Thanks Nik
    I don't want to distract from the main topic of this very educational thread, so will leave it at that. Apppreciate all your posts.
     
    #359     Mar 2, 2004
  10. traderob

    traderob

    http://www.laweekly.com/ink/03/26/features-kaplan.php
    " Men turns away and jumps into the middle of a Vietnamese conversation. Steve cranes toward me and says, “I have seen Men fold kings, queens, flush draws when he senses he’s beaten. He lays down hands that I cannot believe. He’s the best at reading other players.” Another lesson for Men’s students: Cutting your losses is almost as important as winning""

    Sounds like trading mantra.

    Played in my first tournament today at partypoker.
    Came in the top 15 out of 640 in a $20ante game. I think the patience learned from trading is key.
     
    #360     Mar 7, 2004