Traders Laboratory - View Single Post - Poker
Thread: Poker
View Single Post
  #2 (permalink)  
Old 02-01-2007, 12:56 AM
Soultrader's Avatar
Soultrader Soultrader is offline
Soultrader is focusing on discipline.

Trader Specs
 
Join Date: Aug 2006
Location: Tokyo, Japan
Posts: 3,144
Thanks: 138
Thanked 438 Times in 194 Posts
Send a message via Skype™ to Soultrader
Re: Poker

Sounds like fun wsam29. Actually its the opposite way for me. I apply my poker skills into my trading.

I'll give you a few tricks for poker. Nothing is free... so if you are not sure what youre opponent has, place a small bet. This is what I call an information bet. This way, if he calls or raises you have an idea what he's holding. Other than that, if you are a discplined trader you should have no trouble at all cleaning up . Poker is a game of manipulation, discipline, patience, and psychology. The part you mentioned about mentally keeping track is a must. Each player has a distinct human behavior. The typical amatuer has too may tells...why did he take longer to bet? Why is he so quite all of a sudden? Why is he playing like he just wants to take down the pot on the flop.. weakness? etc... In a typical house game with a few players, I can pretty much recall 90% of the hands that were played at the end of the night. Figure out what hands your opponent likes and dislikes. It will increase your probability in your decision making.

The best skill in poker though... is intuition. Now that takes years to develop. Have fun and good luck

__________________
James Lee
TradersLaboratory.com
-----------------------------
Empowering traders with knowledge.

Please support TL by visiting our sponsors. Thanks!
Reply With Quote