Fund Managers Play Poker:
Lessons for Traders From the Poker Table

What Wall Street Traders Can Learn From Poker Pros

So, here’s something a little different for your weekend…
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I came across this video from the WSJ called:
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“From the Poker Table to the Trading Floor: Inside the Mind of Wall Street Traders”.

POKER AND TRADING

In the video, two money managers play poker and discuss the striking similarities between poker and trading the markets.
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There’s a lot to take away, including:​

  • Managing uncertainty
  • Bet sizing and risk management
  • Using poker to train new traders
  • Controlling ego
  • Reading other participants​

I found it super interesting…
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Watch it over the weekend, it’s worth the 20 minutes!