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Poker and Trading – A Brief Update
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
acting-man.com / By Pater Tenebrarum / April 22, 2013
We have previously written an article discussing the parallels between games like chess and poker and trading. Although we mainly used the opportunity to present a fascinating chess game by Valery Salov, poker is probably a little closer to trading, as it involves things like incomplete information, bet sizing and ‘reading opponents’, none of which play a role in chess. Recently a representative of tradimo.com (a trading education site) sent us the info-graphic depicted below. It lists a number of famous traders and poker players who are good at both activities as well as a number of characteristics applying to both trading and poker. What really caught our attention though was the statistic right at the end. Apparently the percentage of successful traders is more than three times higher than the percentage of winning poker players. We’re not certain how this statistic was arrived at and cannot vouch for its correctness, but if it is indeed accurate, then we admit to being quite surprised (we’d have thought that the percentages would be closer together, near the lower end of the range).
Thanks to BrotherJohnF
2013-04-22 23:15:36
Source: http://silveristhenew.com/2013/04/22/poker-and-trading-a-brief-update/
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