Poker v stock market lester

Poker v stock market lester

Posted: Margo Date: 22.06.2017

Poker Games PokerStars Party Poker bonus code PokerStars. PokerStars Full Tilt SkyPoker Poker UK NZ PT Australia Canada Canadien Mobile iPhone Android Paypal CA Casinos AU Casinos PT Casinos Real Money. This is a discussion on Stock Market vs Poker within the online poker forums, in the General Poker section; I don't know if there's a thread on this, which I wouldn't be surprised if there is.

But I find it very comparable. Scientists "Train Chimpanzees" To Crush Online Poker! Stock Market vs Poker. I don't know if there's a thread on this, which I wouldn't be surprised if there is. What do some of you guys think about stock market in relations to poker? They both require investment in hands, and they are both games where risk is involved but with skilled approach, one can profit over the long run. Stock Market is closed on Sundays. Poker relies on player's history.

In Stock Market, You can actually research corporations thoroughly about their history. In poker, you can bluff. In Stock Market, you can't.

poker v stock market lester

Mutual Funds can be equivalent to multi-tabling because you're invested in multiple places. I think poker has more risk involved and variance involved compared to stock because skilled investors in stock market is like putting his money in with a set everytime. Anyone care to discuss this or debate this? I just want to see how much similarities and differences there are between poker and stock market. I was thinking the same thing when I made my initial deposit.

Let's hope stock brokers do better than that or else we'd be looking at the housing crash, dotcom bust, or etc again lol.

There's some similarities, and they're both gambling, but it's incredibly dangerous to go around thinking that being good at one will make you good at the other.

I have thought about these two together also. In general, the Stock Market is not used for entertainment, poker is.

poker v stock market lester

Negreanu has mentioned that when he views himself as a professional poker player, as opposed to viewing himself as a "gambler", he views himself as an investor and he is "investing" in himself.

Originally Posted by OzExorcist.

I'm not a big fan of the stock market for these reasons: Widespread use of algorithmic trading makes technical analysis mostly useless.

Accounting tricks, gimmicks, and flat-out fake numbers make fundamental analysis mostly useless. One scandal after another where the big boys on Wall Street make bank by screwing the small investor and even many big investors: Many of those clowns were even betting against the same securities they were promoting during the housing bubble, thus making money no matter which way the market moved.

Massive amounts of printed money, easy credit, bailouts, and financial engineering increase volatility by huge amounts because big firms can ignore risk, they don't have any because it's shifted onto the taxpayers. The problem with this is that your retirement account may not be there when you retire.

You notice that during the past few decades we have been lurching from one bubble and scandal to the next. Many large corporations repeatedly look for short-term cost savings in order to meet their quarterly numbers, to the detriment of long-term company strength. Home Depot is a good example of this; when Robert Nardelli was CEO he cut staffing and salaries to the absolute minimum.

The numbers got better in the short term, but the company also wound up having the worst customer service of any major retailer, which isn't a good recipe for long-term profitability. When this was going on, I remember seeing a new hire being assigned to the plumbing department Anyone is free to disagree with what I've stated here, maybe you have a different take on things and I'd love to hear it.

Personally though, I much prefer to invest in assets where I have direct control. When people used to refer to my poker-playing as "gambling", I would ask them if they invest in the stock market.

I always considered it an apt analogy. The majority did invest usually through a K. I would then share my poker return numbers with them At the moment I know next to nothing about the stock market or how it works, I'd like to learn at some point though to see if I'm any good.

Originally Posted by PoKeRFoRNiA. Originally Posted by Propane Goat.

How to Invest in Poker Players and Earn Larger than the Stock Market

One thing both the stock market and poker have in common, between of the people who participate in the endeavors lose money overall doing so Based on long experience, too many people don't understand the risks inherent in the stock market, and start gambling. If you are smart you can make money.

Is Poker Gambling? - Part 1- Poker vs Stock Market

Originally Posted by Akorps. Originally Posted by dj The stock market is a great place to start making your poker earnings work for you. I originally became fascinated with investing and was overly active.

poker v stock market lester

I was over trading, and losing out on big gains. After a couple years of experience, I have realized that the stock market is a great place to invest, with the goal of slow consistent growth. You will most certainly not make money as quickly as you would playing poker, but for the most part, investing in the stock market will not require much of your attention and time.

I have a very traditional approach to investing and quite honestly I have been doing very well. There are definitely similarities between poker and investing in the stock market, but like Oz said, it is very dangerous to think that you will be good at something just because you succeed at something else similar.

Take your time, do your research and make sure you believe in the companies you invest in. CardsChat is an online poker community of , members in countries. Why more than , poker players have joined CardsChat Quickly improve your game. Learn from online pros. We recommend sites proven safe and secure with.

Join more than , active members on our forum. Stock Market vs Poker I don't know if there's a thread on this, which I wouldn't be surprised if there is. My thoughts exactly I was thinking the same thing when I made my initial deposit. Originally Posted by OzExorcist There's some similarities, and they're both gambling, but it's incredibly dangerous to go around thinking that being good at one will make you good at the other.

Originally Posted by PoKeRFoRNiA I don't know if there's a thread on this, which I wouldn't be surprised if there is.

GTA 5 - How to Make $2.1 Billion

Originally Posted by Propane Goat I'm not a big fan of the stock market for these reasons: Originally Posted by Akorps Based on long experience, too many people don't understand the risks inherent in the stock market, and start gambling. Originally Posted by dj11 In general, the Stock Market is not used for entertainment, poker is.

inserted by FC2 system