Play poker to train trading

[michellee]

definitely the connection between the gambling and trading will always there because both are like same path if we do properly only you can get the result to be positive otherwise both gambling and trading will not give any success that's why I think playing gambling will also helpful for the trading

But we have a chance to make money from trading than from gambling because if we can learn more about trading, that will help us to make a profit. But in gambling, it is very difficult to make money because gambling will depend on the luck itself. There will be a small chance for us to win if we don't know when our luck will come.

[1714944307]

1714944307

[Betwrong]

~
But we have a chance to make money from trading than from gambling because if we can learn more about trading, that will help us to make a profit. But in gambling, it is very difficult to make money because gambling will depend on the luck itself. There will be a small chance for us to win if we don't know when our luck will come.

And can we have even a slightest idea about that? No. Same with trading. No one on Earth can tell you whether this or that coin will go up or down from a certain point. Yes, sometimes there is a big probability of a certain outcome, but you have that in poker too. The probability of winning with a flush Ace high, if Ace is one of your pocket cards, is high, but we all know that there is a possibility of negative outcomes too.

If you are learning a coding language, or just a foreign language, the more time and efforts you spend on it, the better you become. This is not the case with playing poker and trading, and I think these activities are indeed similar to each other, regarding dependence on luck and money management.

[Spaffin]

One way or another, there is a lot in common between gambling and trading.  And the first is that it is very difficult to achieve the desired results, but still the chances of a merchant are much greater.  If a person wants to make a good profit from trade, then he should also be willing to learn everything properly and gain experience.  Only diligent work and practice will give the desired profit.  But in gambling there is luck.

[Altero]

One way or another, there is a lot in common between gambling and trading.  And the first is that it is very difficult to achieve the desired results, but still the chances of a merchant are much greater.  If a person wants to make a good profit from trade, then he should also be willing to learn everything properly and gain experience.  Only diligent work and practice will give the desired profit.  But in gambling there is luck.

We are just talking in poker game and not in general gambling fields. I've to agree that poker will be of the same from what we do in trading. Both of them needs luck and strategies in order to win. In playing poker will have to believe that we can get some tips to be applied into our trading plans and helps us to succeed.  

[covfefe_]

One way or another, there is a lot in common between gambling and trading.  And the first is that it is very difficult to achieve the desired results, but still the chances of a merchant are much greater.  If a person wants to make a good profit from trade, then he should also be willing to learn everything properly and gain experience.  Only diligent work and practice will give the desired profit.  But in gambling there is luck.

We are just talking in poker game and not in general gambling fields. I've to agree that poker will be of the same from what we do in trading. Both of them needs luck and strategies in order to win. In playing poker will have to believe that we can get some tips to be applied into our trading plans and helps us to succeed.  

Poker is an entirely different league from other forms of gambling. Even if you have a bad luck, sometimes bluffing and snowing would yield you better profit than good hands. But you also should be able to maintain a personality in poker. Be less predictive while studying the behavior of your competitors.

[JohnBitCo]

IMHO the biggest lesson from poker is that you can't always win. Sometimes you have to take a small loss to save whatever remains of your investment. That you don't always have to "call".

Poker and crypto trading are two different things and should not be compared. If you want to a be good trading, focus on learning trading and not on Poker.  

The only thing which is similar and can be learnt in both poker and trading is the patience and controlling emotions. If you are able to overcome your emotions, for sure you can have big success in both poker and crypto trading.

[omonuyak]

IMHO the biggest lesson from poker is that you can't always win. Sometimes you have to take a small loss to save whatever remains of your investment. That you don't always have to "call".

Poker and crypto trading are two different things and should not be compared. If you want to a be good trading, focus on learning trading and not on Poker.  

The only thing which is similar and can be learnt in both poker and trading is the patience and controlling emotions. If you are able to overcome your emotions, for sure you can have big success in both poker and crypto trading.

That is it! Poker and trading are two different things and we cannot use the knowledge from poker for  trading and you will not succeed in trading except you are ready to learn and transmute what you learn into investments decisions. The two may look common but there are two different things that combine the two will make you lose in trade as the approach are not the same.

[ethereumhunter]

One way or another, there is a lot in common between gambling and trading.  And the first is that it is very difficult to achieve the desired results, but still the chances of a merchant are much greater.  If a person wants to make a good profit from trade, then he should also be willing to learn everything properly and gain experience.  Only diligent work and practice will give the desired profit.  But in gambling there is luck.

We are just talking in poker game and not in general gambling fields. I've to agree that poker will be of the same from what we do in trading. Both of them needs luck and strategies in order to win. In playing poker will have to believe that we can get some tips to be applied into our trading plans and helps us to succeed.  

Poker is an entirely different league from other forms of gambling. Even if you have a bad luck, sometimes bluffing and snowing would yield you better profit than good hands. But you also should be able to maintain a personality in poker. Be less predictive while studying the behavior of your competitors.

Bluffing could be a solution if we don't have a good card in pokers but that will not work to the pro poker gamblers because they will know if we lie or not. They will anticipate from the bad things that might happen later and they will prevent that to happens. The pro gamblers will find a way to know if you are just bluffing or not so they can decide what they need to do.

[Oceat]

One way or another, there is a lot in common between gambling and trading.  And the first is that it is very difficult to achieve the desired results, but still the chances of a merchant are much greater.  If a person wants to make a good profit from trade, then he should also be willing to learn everything properly and gain experience.  Only diligent work and practice will give the desired profit.  But in gambling there is luck.

We are just talking in poker game and not in general gambling fields. I've to agree that poker will be of the same from what we do in trading. Both of them needs luck and strategies in order to win. In playing poker will have to believe that we can get some tips to be applied into our trading plans and helps us to succeed.  

Poker is an entirely different league from other forms of gambling. Even if you have a bad luck, sometimes bluffing and snowing would yield you better profit than good hands. But you also should be able to maintain a personality in poker. Be less predictive while studying the behavior of your competitors.

Bluffing could be a solution if we don't have a good card in pokers but that will not work to the pro poker gamblers because they will know if we lie or not. They will anticipate from the bad things that might happen later and they will prevent that to happens. The pro gamblers will find a way to know if you are just bluffing or not so they can decide what they need to do.

So far bluffing works everytime even if you have a pro gambler in the table as long as you master the art of bluffing. Believe me, you are more than this pro gambler if you master the art of bluffing, this includes the power to mislead your opponent and be less predictive to your every move.

[Jjewelle29]

 Trading and poker is very similar but I think its doesn't matter if you good in trading, then you are also good in poker because its still different its come to activity.

[jakoylantern]

For me, yes it can be useful to some other ways. But in poker, if you bet that kind of amount, it's on compared in trading because once you change in mind, you can still pull out your money or stop the trade and again analyze your move compared to poker that the time is much quicker.

[lienfaye]

Trading and poker are somehow related because of the strategy that you have to apply if you are in the actual game and if you trade.

Poker is not about luck because you need to be skillful, sometimes even how bad your cards is you can do something to improve it.

The same in trading you need plan, skills and strategy.

[Betwrong]

~
The only thing which is similar and can be learnt in both poker and trading is the patience and controlling emotions. If you are able to overcome your emotions, for sure you can have big success in both poker and crypto trading.

Not only that what is similar between poker and trading. The most important similarity is that in both activities you have to be a pro in managing your balance. You should be able to weigh the possible outcomes and act accordingly, or otherwise you can end up with zero balance pretty soon, both in poker and in trading. The goal is to minimize the luck factor, although you can't eliminate it completely.

[swogerino]

~
The only thing which is similar and can be learnt in both poker and trading is the patience and controlling emotions. If you are able to overcome your emotions, for sure you can have big success in both poker and crypto trading.

Not only that what is similar between poker and trading. The most important similarity is that in both activities you have to be a pro in managing your balance. You should be able to weigh the possible outcomes and act accordingly, or otherwise you can end up with zero balance pretty soon, both in poker and in trading. The goal is to minimize the luck factor, although you can't eliminate it completely.

This is almost impossible as luck will always be present in both activities.While they may relate a little in poker you and only you are responsible for your gameplay and you are only limited to the table you are playing where your skills decide the outcome of the game.

In trading is different as many outside factors decide the outcome of a trading pair so I would not play poker to train for trading as it will not work in most of the cases.

[michellee]

~
But we have a chance to make money from trading than from gambling because if we can learn more about trading, that will help us to make a profit. But in gambling, it is very difficult to make money because gambling will depend on the luck itself. There will be a small chance for us to win if we don't know when our luck will come.

And can we have even a slightest idea about that? No. Same with trading. No one on Earth can tell you whether this or that coin will go up or down from a certain point. Yes, sometimes there is a big probability of a certain outcome, but you have that in poker too. The probability of winning with a flush Ace high, if Ace is one of your pocket cards, is high, but we all know that there is a possibility of negative outcomes too.

If you are learning a coding language, or just a foreign language, the more time and efforts you spend on it, the better you become. This is not the case with playing poker and trading, and I think these activities are indeed similar to each other, regarding dependence on luck and money management.

Yes, I agree with this but related to cryptocurrency, if you can choose the right coin, for example, bitcoin, you know you can make a profit from bitcoin, although you don't know when. I prefer to take any profit I can see than to hold for a long time but that if I don't have any clue for the coin that I have.

But in poker, when you can get the right card, for example, a flush Ace, that will be a chance to win but you cannot always get a flush Ace and that will not happen in all day.

So the point here is no matter you try hard in the gambling, you still need the luck to win. But in trading, as long as you can select the right coin, you can take a profit many times and to get the right coin, you must analyze one by one and that is not easy.

[syamster]

IMHO the biggest lesson from poker is that you can't always win. Sometimes you have to take a small loss to save whatever remains of your investment. That you don't always have to "call".

Poker and crypto trading are two different things and should not be compared. If you want to a be good trading, focus on learning trading and not on Poker.  

The only thing which is similar and can be learnt in both poker and trading is the patience and controlling emotions. If you are able to overcome your emotions, for sure you can have big success in both poker and crypto trading.

For me actually both are good but we will have to focus on one side because it will not divert your attention, so first of all check your interest, then choose it, if you are good at trading spend your time and your money for trading, if you are good at gambling then gamble with your full concentrating and chose good game in this regard.

[legendster]

IMHO the biggest lesson from poker is that you can't always win. Sometimes you have to take a small loss to save whatever remains of your investment. That you don't always have to "call".

Poker and crypto trading are two different things and should not be compared. If you want to a be good trading, focus on learning trading and not on Poker.  

The only thing which is similar and can be learnt in both poker and trading is the patience and controlling emotions. If you are able to overcome your emotions, for sure you can have big success in both poker and crypto trading.

For me actually both are good but we will have to focus on one side because it will not divert your attention, so first of all check your interest, then choose it, if you are good at trading spend your time and your money for trading, if you are good at gambling then gamble with your full concentrating and chose good game in this regard.

Isn't gambling more about luck than about skill? With trading, you'd have to calculative and understand the financial market, how does one become a better gambler? By "improving their luck"? lol is that even scientifically possible?

[onrise]

Trading and poker is very similar but I think its doesn't matter if you good in trading, then you are also good in poker because its still different its come to activity.

One of the common things in between that more experience you have the better you can play in poker and trade well. Luck factor is their but again the strategys is more important which helps you to get the money from it and not completely luck based like slot, roulette etc.

[Hippocrypto]

Trading is decision making just like with poker at the same time you need to be more observant while on the wave of your decisions. If you're pressured with trading sometimes, it's possible to encounter same scenario with poker specially those crucial situations that really need of an analysis. Reading the probable results based how read in mind of those people around you, doing favors based on how your compliment with them, and once your successfully passed the challenge then you'll be a great trader at the same time poker player.

[DarkDays]

For me actually both are good but we will have to focus on one side because it will not divert your attention, so first of all check your interest, then choose it, if you are good at trading spend your time and your money for trading, if you are good at gambling then gamble with your full concentrating and chose good game in this regard.

Isn't gambling more about luck than about skill? With trading, you'd have to calculative and understand the financial market, how does one become a better gambler? By ""improving their luck""? lol is that even scientifically possible?

You might not get a serious answer here but let me tell you about some incidents that might give you a clearer picture. Go learn about the  Lawrence DiCristina case in 2012 where it was shown in court about the sheer number of top performing players that were consistently winning at poker while the rookies were constantly losing. And this was all online data so no face reading kind of thing played into the data. You can read more about the debate here : http://discovermagazine.com/2016/april/12-game-on I hope that answers your question. Gambling is not just about luck. It is hugely misunderstood.