Category: poker
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Poker, Trading and Making Adjustments
In my Thursday report to members, I talk about the current market, making adjustments and poker: Before we begin, let me compare what’s going on now to poker. In Texas Hold’em, the best hand pre-flop is pocket Aces. Most players try to get as much money into the pot as…
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SFK Trade, Partial Exits and Poker
I received a number of similar questions about the SKF and Poker posts: How did you determine your partial profit target for the SKF trade; and when do you decide to use a full exit versus partial exits? I like to use partial exits when major resistance is more than…
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My Worst Poker Hand and a Trading Lesson
Last night I was sitting at a hold em table with a 10/20 blind and started with $3000. After about an hour, I was up to about $3600, without having played any big hands. Then I got the hand we all wait for, pocket aces in good position. The guy…
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OT: Poker and the $5915 Hand
Today I won the second biggest pot in my relatively short poker playing career–$5915. Some of you may think I was crazy to call all-in with a two pair, but my bank roll could easily cover the loss and I had my opponent on a flush draw (he had made…