Poker vs Day Trading Stocks

Poker vs Day Trading Stocks

Critical decision making under pressure. Problem solving. Risk vs reward. Discipline. Bankroll management. Strategy. These are all things that relate to poker and day trading, two of my favourite strategic activities in the world.

Many of you know me as the head trader of LiveStream Trading, or through our online video lessons and webinars covering various day trading topics and strategies, but what many people don’t know about me is my background in poker, and how I leveraged my poker skills into a career in day trading stocks.

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Patience in Trading – Time is Money

Ever hear the expression “Time is Money”? By definition it means that time is a valuable resource (because our time in this world is limited), so it’s better to do things as quickly as possible.

Ironically, this is the exact opposite of how you should approach your day trading. Let me explain.

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VIDEO Lesson: Trading Range Breaks

Hello traders!

What a week so far – small cap runners are back full force! Thanks to one of my favourite new brokers, Trade Zero, we were able to capture a lot of these moves on the short side as well with their incredible borrows through vision clearing.

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Day Trading – Beat the Learning Curve by Understanding It

Trading Psychology - Beat the Learning Curve

I find videos to be so much more helpful in explaining day trading topics than writing text alone. I also believe this to be the truth in teaching trading, which is why we use live desktop streaming with audio (screen share) to explain trades, trade ideas, and do live seminars and videos such as the one below.

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