Mind Over PokerPoker and Tradingby David Apostolico | Published: Dec 01, 2009 |
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I received an e-mail recently from the Working Class Trader, highlighting some common pitfalls that many a trader falls victim to. As I was reading them, I found myself applying them to poker rather than trading, so I thought I’d share them here. 1. You don’t put in the proper amount of effort. You don’t put in the full-time commitment it requires to be profitable in trading because you treat it like a hobby. Trading is not a part-time job. It’s serious business. Whether you play poker professionally or for recreation, you should play your best. That requires a commitment to learning as much as you can about the game and to paying attention to everything going on at the table. Even if you are strictly a recreational player, the game is a lot more fun when you’re winning. 2. Failure to be disciplined and consistent with your process. There’s ...
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