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-   -   POKER VS STOCKS (http://archives2.twoplustwo.com/showthread.php?t=376842)

11-12-2005 03:23 AM

POKER VS STOCKS
 
just wondering which on couple things. these questions are for people who played/plays high limit poker and does stocks.

1. which one is more risky
2. which one is more profitable and by how much
3. which one is easier to beat.
4. how much are you investing to get what kind of profit in stocks

and if you guys can post the first couple things you did /read to learn stocks please post it. couple things which basically taught u alot about stocks and how the whole thing works.

r3vbr 11-12-2005 08:25 PM

Re: POKER VS STOCKS
 
[ QUOTE ]
just wondering which on couple things. these questions are for people who played/plays high limit poker and does stocks.

1. which one is more risky
2. which one is more profitable and by how much
3. which one is easier to beat.
4. how much are you investing to get what kind of profit in stocks

and if you guys can post the first couple things you did /read to learn stocks please post it. couple things which basically taught u alot about stocks and how the whole thing works.

[/ QUOTE ]

1- depends what kind of poker player/investor you are
2- until you reach 2M USD net worth at LEAST, poker is way more profitable (hourly rate)
3- poker
4- 10% yearly return is very very good

11-14-2005 12:58 AM

Re: POKER VS STOCKS
 
[ QUOTE ]
4- 10% yearly return is average

[/ QUOTE ]

FYP

11-14-2005 01:06 AM

Re: POKER VS STOCKS
 
1. Most likely poker, but all depends on your stock selection, or how you play poker.
2. same as #1
3. Market it easier to beat.
4. ~50k ....profit avg 3-4k a wk

AceHigh 11-14-2005 01:15 AM

Re: POKER VS STOCKS
 
One point you are over looking is that you can't play poker with your entire bankroll. So if you can afford put some of your bankroll in stocks, it will increase your earnings. Since stocks are pretty liquid it's a lot more convienent to do this with them than real estate or bond's/CD's that mature on a certain date.

edtost 11-14-2005 02:01 AM

Re: POKER VS STOCKS
 
[ QUOTE ]
Since stocks are pretty liquid it's a lot more convienent to do this with them than real estate or bond's/CD's that mature on a certain date.

[/ QUOTE ]

for bonds, is there any way for a small investor to get into the repo market to actually get a decent return with liquidity?

Sniper 11-14-2005 06:24 AM

Re: POKER VS STOCKS
 
[ QUOTE ]
just wondering which on couple things. these questions are for people who played/plays high limit poker and does stocks.

[/ QUOTE ]

Based on this, I will assume for these responses you are talking about someone with at least a 5 figure bankroll...

[ QUOTE ]
1. which one is more risky

[/ QUOTE ]

The RISK in both Poker and Stocks is controlled by YOU.

In Poker, you determine the level you play, the game style (fixed limit, NL, SNG, MTT, other games, etc) and how you play (TAG, LAG, etc), which directly affect both the mean and standard deviation of your results, in absolute $$ terms.

In Stocks, you determine Position size (100sh vs 1Ksh vs 10ksh), time frame (1hr, 1day, 1mth, 1 yr, etc), stops, risk/reward potential, type of stocks (Large caps, Small caps, Penny stocks, Momentum stocks, etc), which directly affect the mean and standard deviation of your results.

(Note: these are just examples, not an exhaustive list of all factors affecting risk in either case)

[ QUOTE ]
2. which one is more profitable and by how much


[/ QUOTE ]

There is significant profit to be made in both Poker and Stocks by people who are willing to put in the research and analysis time to improve their skills and learn what works.

If you are not willing to invest much time in learning the "game", then you will likely have more success in the market. The average investor in an index fund will significantly outperform a "fish" at the poker table.

At high stakes, the Market is potentially far more profitable, if only because you can get your whole bankroll in play much easier.

[ QUOTE ]
3. which one is easier to beat.

[/ QUOTE ]

This comes back to knowledge... to a knowledgable player, both are "easy" to beat.

r3vbr 11-16-2005 01:08 PM

Re: POKER VS STOCKS
 
[ QUOTE ]
[ QUOTE ]
4- 10% yearly return is average

[/ QUOTE ]

FYP

[/ QUOTE ]

i've read in some books that for the last century, the US stock market averaged 7% yearly return

Sniper 11-16-2005 02:23 PM

Re: POKER VS STOCKS
 
[ QUOTE ]
i've read in some books that for the last century, the US stock market averaged 7% yearly return

[/ QUOTE ]

It all depends on what you use to represent the "US stock market" [img]/images/graemlins/wink.gif[/img]

Warren Whitmore 11-16-2005 07:35 PM

Re: POKER VS STOCKS
 
You are mixing two different things. Poker is a form of self employment. The stock market is a form of investing. Thinks about it this way if you have your money invested properly you could do absolutly nothing with it and it would be worth 60% more 5 years from now. If you do nothing with your poker bankroll it will be worth 0% more in 5 years.


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