Post
Topic
Board Gambling discussion
Re: Play poker to train trading
by
qwertyup23
on 19/07/2019, 23:43:58 UTC



While I do respect your opinion, I still view poker as something that is more randomized compared to trading due to a number of reasons.

First, poker is a game wherein cards are randomized by a deck of cards with someone dealing the cards. Depending on the cards shown on the table, you make your bet pairing your hand. If you think that the pool is weak, you can discard your hand and wait for the next deal. On the other hand, you may also play the bluffing game by letting the opponents think that you have the strongest set of combinations of cards paired with the existing pool.

But what separates poker from trading is the manner of risking such. Although both have risks that are difficult to manage, in trading you rely on historical data, market situation, external and internal news in the country, etc. as it is multifactorial. Someone who is not knowledgeable in gambling can win loads of cash purely by luck. In trading, I doubt that happens since even experienced traders get bankrupted at the end of the cycle.