Vcs in fritz chess10/31/2023 ![]() ![]() ![]() 3) Discipline and not making mistakes are the key to being profitable at blackjack. Watching someone like Phil Helmuth go around the table and basically tell you everyone's hand without seeing the cards is amazing but its not really a skill that is part of trading. At high levels poker involves skills that do not apply to trading such as "reading your opponent". This forces you to learn concepts like risk of ruin and other aplicable risk management concepts. Even if you have an edge in the game a card counter can easily bust out if he is over-betting his bankroll as the normal volatility of the game can create long losing stretches. Here is why: 1) being a card counter forces you to understand the concept of position sizing and risk management. To clarify I am talking about a buyside trader not a market maker. the best gambling game for a trader to be good at is high-level blackjack, ie counting cards.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |