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Re: Applying Poker Strategies to Trading The Markets
<<capitalize on the players that get into a strong tilt.>>
this is a very significant part of an 'edge' in poker. how do you control your own tilt relative to how your competition controls theirs? do you donk-off that incremental stack or two when faced with adversity? or are you the one gaining that extra stack or two when others face adversity?
poker and trading are so similar. playing poker is an excellent way to learn about trading, IMO. learning to control you emotions in a small stakes poker game is much less costly than learning to control your emotions in a trading account -- where the stakes are much larger.
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