Post
Topic
Board Gambling discussion
Re: Play poker to train trading
by
Betwrong
on 20/03/2019, 16:43:21 UTC
~
Professional trader and poker player will say the same thing: -You loose the most when you are sure that you will win

I'm glad you said it because this is like my motto. I rarely trade but I play poker a lot, and I've noticed that this is what happens most of the time. When you have a great hand and you are sure you'll win, you lose to a better hand. It is especially vexing when you finish on 11th place after going all-in in a tournament with 10 places paid. I folded AA preflop once because the situation was as I described in the previous sentence, and I know I did the right thing. I agree with you, crypto trading and poker are very similar in regard to money management. Even if the probability of winning is very high you have to take into account all the other factors before making a final decision.