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  #11  
Old 11-16-2005, 07:56 PM
Sniper Sniper is offline
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Default Re: POKER VS STOCKS

Trading can also be a form of self employment!!!
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  #12  
Old 11-17-2005, 06:20 AM
MrBig30 MrBig30 is offline
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Default Re: POKER VS STOCKS

[ QUOTE ]
3. Market it easier to beat.
4. ~50k ....profit avg 3-4k a wk

[/ QUOTE ]

You sir are going to be disappointed if you believe you can keep that up.
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  #13  
Old 11-17-2005, 07:38 AM
Warren Whitmore Warren Whitmore is offline
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Default Re: POKER VS STOCKS

I never thought of it that way but you are right.
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  #14  
Old 11-17-2005, 09:20 AM
Sniper Sniper is offline
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Default Re: POKER VS STOCKS

[ QUOTE ]
You sir are going to be disappointed if you believe you can keep that up.

[/ QUOTE ]

Making 1K/day on 200K (50Kx4) of daily margin buying power, is not "unreasonable", if you know what you are doing!!!
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  #15  
Old 11-17-2005, 10:54 AM
DesertCat DesertCat is offline
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Default Re: POKER VS STOCKS

[ QUOTE ]
[ QUOTE ]
You sir are going to be disappointed if you believe you can keep that up.

[/ QUOTE ]

Making 1K/day on 200K (50Kx4) of daily margin buying power, is not "unreasonable", if you know what you are doing!!!

[/ QUOTE ]

That's a 100% annualized return on your trades (400% on your equity). Out of curiousity, would you be willing to share how it's done? I.e. a specific trade you've done, the rationale behind your decision to make the trade, and the results you achieved?
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  #16  
Old 11-17-2005, 10:55 AM
MrBig30 MrBig30 is offline
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Default Re: POKER VS STOCKS

[ QUOTE ]
[ QUOTE ]
You sir are going to be disappointed if you believe you can keep that up.

[/ QUOTE ]

Making 1K/day on 200K (50Kx4) of daily margin buying power, is not "unreasonable", if you know what you are doing!!!

[/ QUOTE ]

Its not unreasonable to do so for a week month or maybe even several years IF YOU ARE LUCKY. Just compare it to running good at poker. The long run is very long. And in the long run only the very lucky or those with insider information beat index by much IMO.
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  #17  
Old 11-17-2005, 11:44 AM
Sniper Sniper is offline
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Default Re: POKER VS STOCKS

[ QUOTE ]
And in the long run only the very lucky or those with insider information beat index by much IMO.

[/ QUOTE ]

You are wrong! [img]/images/graemlins/cool.gif[/img]

I suggest you take a look at the performance records on marketocracy, for a simple example of many with the demonstrated skill to beat the "baseline" market averages (like the Dow or S&P).

Just like in poker, if you are willing to put in the time to learn "how to do it"... it is "easy".
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  #18  
Old 11-17-2005, 12:40 PM
DesertCat DesertCat is offline
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Default Re: POKER VS STOCKS

[ QUOTE ]

I suggest you take a look at the performance records on marketocracy, for a simple example of many with the demonstrated skill to beat the "baseline" market averages (like the Dow or S&P).

Just like in poker, if you are willing to put in the time to learn "how to do it"... it is "easy".

[/ QUOTE ]

The highest four year annulized return on marketocracy is 42% (ist.martin ORR 411.65%), far short of 100% or even 400% per year. And out of thousands of portfolios, it's reasonable to assume that statistical variation would produce one lucky enough to do 42% per year.

Just like poker, being lucky for a time doesn't make you good. Reviewing someone's hand histories is probably a much more accurate way of determining luck vs. good, than short term results.

So if 100% a year is easy, can you tell us how to do it?
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  #19  
Old 11-17-2005, 01:18 PM
solucky solucky is offline
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Default Re: POKER VS STOCKS

i play not high limits for me

1. Poker and Bonuswhoring is less/ even risky

2. In the moment i make more on the market if you have 200 K its hard to make more with poker

3. Poker is in average -EV ( rakes) the markets +EV /economic growth)

4. 10% is easy possible if you analyse yourself and i dont trade usually i hold a company longer than 12 month ( taxfree then here in germany)
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  #20  
Old 11-17-2005, 02:27 PM
1C5 1C5 is offline
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Default Re: POKER VS STOCKS

don't forget the people who trade lots, then comission and slippage= the rake.
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