This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
Mr White, I think John has a good point. I would also like to add as an ex-pro poker player from vegas that I wouldnt give up trading for poker for anything. Why? Because when you finally become good enough at trading, you can go “all in” and get called all the time!!!!! Wouldnt Doyle Brunson love that! Also, in poker, you know what your max win is in 90% of situations WHICH MAKES IT EASIER to lay down a hand. But in trading, its always a fantasy that you are going to be short near the top of the day or long at the bottom. Also in poker you know the player on the other side of the bet. In trading come to think of it, wouldnt it be nice if as in poker if we could see ther faces of the guys on the opposite sides of our trade! Bet you could make a huge living just fading the weak traders, period. Its nice to dream.
As an aside, all poker players think they are better than they really are. In trading, reality comes home to roost much quicker, dont yuh think, mr. white?
Marc V
This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com