Poker player moving to trade/advise please

Discussion in 'Trading' started by Bye aces, Mar 29, 2019.

  1. I don't agree with those who say there's no comparison to poker. It's simple.....from Kenny Roger's song:
    "You got know when to hold em, know when to fold em".
    When you are in a trade, you gotta be riveted to the price action.....and if you are wrong, just get the F*ck out...
    and if you are right, know how long to hold that trade and when to get out to maximize your profit.
    That's the essence.
     
    #51     Mar 29, 2019
  2. Bye aces

    Bye aces

    I play sng up to 300$ and I still make a good living of that but it is just 25% i used to last years. So i need something new to motivate and give me new expectations
     
    #52     Mar 29, 2019
  3. Bye aces

    Bye aces

    I thought there would be some. Thats what I am looking for
     
    #53     Mar 29, 2019
  4. Bye aces

    Bye aces

    I think scalping would be more my style as I m used to 4-5 tabling for 10h+. I would like to have some action. btw thanks for the tips
     
    #54     Mar 29, 2019
  5. userque

    userque

    Hedge funds put their money where their mouth was regarding poker players. All I'm asking of you are a couple of respectable links to back up your opinions? Or an explanation as to why we should believe you over the Hedge funds or Market Watch?
     
    #55     Mar 29, 2019
  6. Bye aces

    Bye aces

    #56     Mar 29, 2019
  7. userque

    userque

    Yes, many of us started out scalping. Follow my advice regarding books ... and let it all play out. Your particular expertise will eventually rise to the top.
     
    #57     Mar 29, 2019
    ironchef likes this.
  8. and in most instances neither...
     
    #58     Mar 29, 2019
  9. Bye aces

    Bye aces

    Poker nowadays is way more than that. Poker players are now calculating GTO(game theory optimal) which should be an unexploitable game and then you need study the results to find patterns and create ranges pre and post flop.
     
    #59     Mar 29, 2019
  10. userque

    userque

    Ok, what are the odds of pocket kings?

    Ok, what are the odds that a head and shoulders pattern will 'go your way?'

    What are the odds that any of those patterns will 'work' in any given situation?

    Stay true to what you know; what you've learned over the years--math.

    Poker hand odds can be proven/repeated. This was your bread and butter. Don't buy into hocus pocus without evidence.

    'The pattern site' may be the holy grail; but don't believe that without evidence.

    That site has been around since at least 2005. Surely they've amassed some studies proving what they're 'selling;' proving the efficacy of their patterns.

    Oh yeah, don't forget to donate to that holy grail--but still asking for donations--website: http://thepatternsite.com/Donate.html
     
    #60     Mar 29, 2019