Yes, the stock market is a ponzi scheme but until the masses come to the same conclusion (which may...
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Options Trading – Compared to Gambling and Reinsurance
The probabilities of options trading are not so different from those in the insurance and...
Tips from the Experts
In the last five years, poker has become America’s new favourite pastimes – a game for...
The Sunk Costs of Trading
by Annie Duke When I was in graduate school studying cognitive Psychology, I learned about an error...
The EDGE, the HOLD, and that friendly PASS LINE
The Mississippi Gaming Commission recently posted the “Hold” percentage for table games...
Playing Like a Donkey…
“Dig in your heels and refuse to go.” This is a line my old teacher Stuart Wilde used...
Discipline – Key in both Trading and Gambling!
Time for another piece on discipline. You will recall that discipline is not a set of rules or...
My Gaming Preparation
A reader asked me how or if I prepare before playing. Do I just throw caution to the wind with an...
Why Poker Players and Traders can Benefit from the Same Skills
Why Poker Players and Traders can Benefit from the Same Skills Whether it’s green baize or...