i made a fortune in poker.now moving to day trading for higher ROI.
i am just beginning.please suggest some books for beginner,intermediate,advanced level.i've plenty of free time for reading.
i'm ready to trade anything that is profitable.
Hmm... if you made a fortune in poker, why not keep playing poker? It sounds like you already have a profitable skill set. If you are already successful, there is a huge opportunity cost in learning something "new". Despite any similarities, trading is not poker. Don't let anyone fool you, or bluff you, as the case may be. Good luck.
The following user says Thank You to timefreedom for this post:
i've bought that reminiscences book already n look up for the other book.
i am moving bcos i see more dollars to be made in trading than poker :-) .i hate the week or month long poker downswings.
as i've made enough to support me from poker for a while,i think i may devote a lot of time to master trading.
i get it,trading is hard job.but i guess,with plenty of time,hard work & a pinch of talent-it's almost possible.
Last edited by veronika; June 22nd, 2015 at 10:51 AM.
That is true, compared to poker, your income in trading is virtually unlimited. Top traders make way more than top poker players.
You will have downswings in trading too, can't escape that.
The important thing is to put your psychology before the technicals. In other words, scout for a trading style that goes well with your personality, and only then look for a consistent method. As in poker for instance, you cannot play a LAG style well if it doesn't fit with you.
"...the degree to which you think you know, assume you know, or in any way need to know what is going to happen next, is equal to the degree to which you will fail as a trader." - Mark Douglas
The following user says Thank You to Anagami for this post:
yeah i m always in search for highest kinda money.so i switched.
i spent years learning martial art,my psychological control is good i guess.
i play LAG style,but i m not sure if that meant i'll be good scalper here.