This draws a clear line between poker and trading because of the shared demands for probabilistic thinking, emotional detachment, and, in many instances, quick decisions under pressure. The idea that skill lies in acting correctly before certainty arrives hits hard. It’s a reminder that the real risk isn’t volatility (at least not always) but misunderstanding your edge, while the real craft is learning to separate outcome from decision. Because let's face it, sometimes you make a bad decision, but the market still helps you out.
ADD: There is a ton of academic literature that traders are good at opening trades and terrible at closing trades. Poker also teaches closing trades.
This draws a clear line between poker and trading because of the shared demands for probabilistic thinking, emotional detachment, and, in many instances, quick decisions under pressure. The idea that skill lies in acting correctly before certainty arrives hits hard. It’s a reminder that the real risk isn’t volatility (at least not always) but misunderstanding your edge, while the real craft is learning to separate outcome from decision. Because let's face it, sometimes you make a bad decision, but the market still helps you out.
Brilliant
they deleted my comment about whats the analogy in poker for payment for orderflow? Could u answer that?
Can you repost YT links, the url fails to load in app. Plz and thx
https://youtu.be/uFyoIeBElQc?si=JwmwgxivwXhfy1aG
Thanks a million
Great post!
Spot on: "𝘉𝘦𝘪𝘯𝘨 𝘢𝘣𝘭𝘦 𝘵𝘰 𝘮𝘢𝘬𝘦 𝘢𝘯𝘥 𝘦𝘹𝘦𝘤𝘶𝘵𝘦 𝘢 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯 𝘫𝘶𝘴𝘵 𝘢 𝘵𝘪𝘯𝘺 𝘣𝘪𝘵 𝘧𝘢𝘴𝘵𝘦𝘳 𝘤𝘰𝘮𝘱𝘰𝘶𝘯𝘥𝘴 𝘪𝘯𝘵𝘰 𝘰𝘶𝘵𝘭𝘪𝘦𝘳 𝘳𝘦𝘴𝘶𝘭𝘵𝘴 𝘰𝘷𝘦𝘳 𝘵𝘪𝘮𝘦. 𝘛𝘩𝘦 𝘭𝘰𝘯𝘨-𝘵𝘦𝘳𝘮 𝘙𝘖𝘐 𝘰𝘯 𝘩𝘢𝘷𝘪𝘯𝘨 𝘺𝘰𝘶𝘳 𝘪𝘯𝘵𝘶𝘪𝘵𝘪𝘰𝘯 𝘴𝘭𝘪𝘨𝘩𝘵𝘭𝘺 𝘣𝘦𝘵𝘵𝘦𝘳 𝘵𝘶𝘯𝘦𝘥 𝘸𝘰𝘳𝘬𝘴 𝘵𝘰 𝘥𝘪𝘴𝘱𝘳𝘰𝘱𝘰𝘳𝘵𝘪𝘰𝘯𝘢𝘵𝘦 𝘦𝘧𝘧𝘦𝘤𝘵."
=> 1.01³⁶⁵ ≈ 37%/yr !!