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of all the stuff I've every done in my life that's affected my trading,
probably my lifelong love of the game of poker has contributed as much or
more to my understanding of trading than any other single thing.....
especiallly 1) Patience 2) Tossing away losers early 3) Remaining
(relatively) tranquil in face of a frustrating losing streak 4) Realizing
that you can achieve substantial profits with ALOT less than 50% winners 5)
Speed of decision making 6) Waiting for a complete setup, not just one or
two attractive cards...... I could go on and on..... the entire emotional
gamut is all there "in spades" (pun intended). When someone tells me they
have trouble with their "emotions" in trading, my advice isn't to go read a
book from a trading psychology guru...... it's to play cards until they get a
grip on their emotional response.
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