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This is why Poker Players do so well in Trading 🃏📈

In our first round table discussion we look at the similarities between Poker and Trading and more specifically on paper could, theoretically Poker Players become great Traders? Trading is a profession that requires maximum focus and maximum preparation, two traits that will also take you a long way at the poker table.
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In Poker like the market the outcome of any given hand is uncertain, in trading price has an infinite technical range. To succeed in Poker you must be happy with getting your chips in technically "ahead" in the hand only to end up on the losing end. One of the key differences between poker and trading simply comes back to playing against another person you can see across the table vs. trading against the market when you are unaware of who is taking the other side of the trade. Join us as we discuss the similarities and differences between Poker and Trading.
⏳ Outline:
0:00 - Introduction
0:50 - How can we compare the game of poker with trading?
1:23 - Similar to trading risk management must be part of both
2:30 - Different from trading, in poker there can only be a certain amount of outcomes
3:18 - Playing your opponent vs. playing the cards
6:20 - Pressure, patients and discipline are key
7:55 - In trading we look for areas where you are "wrong"
8:38 - Pot odds?
10:10 - Can one trade and play poker professionally?
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Watch our Live Trading show, Monday to Friday from 9 am to Noon! https://www.youtube.com/tradertvlive

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Видео This is why Poker Players do so well in Trading 🃏📈 канала Market Wisdom by TraderTV Live
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10 сентября 2020 г. 20:29:39
00:11:04
Яндекс.Метрика