Poker vs Day Trading

Discussion in 'Strategy Building' started by Drawdown Addict, Jun 15, 2023.

  1. I started playing poker for about a month and I can see better returns than my usual returns at day trading.
    I play poker very conservatively, with very long and boring grinding sessions. Mainly looking to enter in the mud with good hands, nothing too crazy and slowly slowly building the bank.
    Since both fields are a form of gambling, are there any professional poker players around that could share some thoughts on it?
    Is poker easier to master than day trading?
     
    MACD, VPhantom, TheDawn and 2 others like this.
  2. Sekiyo

    Sekiyo

    I believe poker is easier but it depends who's around the table.
    [​IMG]
     
  3. Overnight

    Overnight

    Who the hell are the 9 people who took this survey who are not familiar with chess, and the 4 people who think it is "luck"?

    The world is doomed.
     
  4. Sekiyo

    Sekiyo

    Probably people coming from ET :D
     
    MACD and KCalhoun like this.
  5. KCalhoun

    KCalhoun

    Poker's easier when you're playing vs fish (drunk tourists)

    Trading's easier when the chart you're trading goes up nicely ( like BOIL today)

    They're both hard af
     
    VPhantom and Sekiyo like this.
  6. Trading is like poker.
     
    SimpleMeLike likes this.
  7. wartrace

    wartrace

    I disagree that trading is like poker.
    1) In order to play poker you have to ante up before any cards are dealt. In trading, you can wait (at the table so to say) until you see an opportunity.
    2) Seeing the opportunity is like seeing your hand BEFORE you place a bet.
    3) In a poker game only one person wins; in trading many people can win.
    4) In poker people can conceal their emotions. In trading, it is impossible to conceal the buying and selling.
     
  8. Sprout

    Sprout

    Jared Tendler’s “The Mental Game of Trading” explores this in detail.

    Anyone approaching this profession as a gambler, imho is walking down the wrong path.
     
    MACD, Drawdown Addict and Overnight like this.
  9. %%
    AMAZING read+ chart.
    Monopoly is ''46% luck'' LOL no such thing as luck:caution::caution:
    Great game; I remember well the 3 piece properties[or 3-6-9combo.of those] were much better than just 2 piece properties.
    Basic 2nd grade math could helpLOL
     
    Sekiyo likes this.
  10. SunTrader

    SunTrader

    There are gamblers and there are professional gamblers.

    Same with trading.

    + + +

    This table is hot, I'm going to take a seat. (Who needs to watch the cards coming out the chute and how the other players are playing?)!!!!!

    This market is hot, I'm going to jump onboard (Setup schmetUp who needs that?)!!!!!!
     
    #10     Jun 15, 2023