Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > Other Topics > The Stock Market

Reply
 
Thread Tools Display Modes
  #1  
Old 11-12-2005, 03:23 AM
Guest
 
Posts: n/a
Default 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.
Reply With Quote
  #2  
Old 11-12-2005, 08:25 PM
r3vbr r3vbr is offline
Member
 
Join Date: Sep 2004
Posts: 75
Default 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
Reply With Quote
  #3  
Old 11-14-2005, 12:58 AM
Guest
 
Posts: n/a
Default Re: POKER VS STOCKS

[ QUOTE ]
4- 10% yearly return is average

[/ QUOTE ]

FYP
Reply With Quote
  #4  
Old 11-14-2005, 01:06 AM
Guest
 
Posts: n/a
Default 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
Reply With Quote
  #5  
Old 11-14-2005, 01:15 AM
AceHigh AceHigh is offline
Senior Member
 
Join Date: Sep 2002
Location: Pennsylvania
Posts: 1,173
Default 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.
Reply With Quote
  #6  
Old 11-14-2005, 02:01 AM
edtost edtost is offline
Junior Member
 
Join Date: Feb 2004
Location: Princeton
Posts: 15
Default 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?
Reply With Quote
  #7  
Old 11-14-2005, 06:24 AM
Sniper Sniper is offline
Senior Member
 
Join Date: Jun 2005
Posts: 704
Default 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.
Reply With Quote
  #8  
Old 11-16-2005, 01:08 PM
r3vbr r3vbr is offline
Member
 
Join Date: Sep 2004
Posts: 75
Default 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
Reply With Quote
  #9  
Old 11-16-2005, 02:23 PM
Sniper Sniper is offline
Senior Member
 
Join Date: Jun 2005
Posts: 704
Default 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]
Reply With Quote
  #10  
Old 11-16-2005, 07:35 PM
Warren Whitmore Warren Whitmore is offline
Senior Member
 
Join Date: Sep 2002
Location: New Hampshire
Posts: 224
Default 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.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 08:25 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.