poker vs trading PART4

similarities and differences
one of the differences in poker and trading (online poker more specifically) is that you can search player results in online poker, but you can't in trading (stocks, options, commodities). in online poker, as long as you know the player's username, you can search on a few different sites, and see exactly how much that person has won or lost. you can see exactly, who the best players are, who the average players are, and who the worst players are. it's (usually) free and very easy to do.

in trading, no such thing. (unless you run a big hedge fund). but other than that, you can't search someone's name and quickly see exactly if that person is a stud or a loser. that's a huuuuuge difference. why?

transparency. in poker, you can weed out the bull shit. no one can fake as if they are a winning poker player. BUT, in trading, there are lots of people who sound smart. and some of those people are actually legit and know what they are talking about. but, unfortunately some of those people are just full of shit. there's lots of bull shit in the stock market, lots of people like to pretend they know stuff. it's hard to tell sometimes

my meaningless opinion? you just have to be a skeptic first, then decide later. you'll hear "experts" sometimes say they think a stock is going up or down. and how "confident" they are. lolllll, no one "knows". if someone really did know valuable information, they most likely wouldn't tell that many people. some people just hate to say "i don't know" and it's very annoying (think Jimmy Kimmel lie witness news)

one of the best things about trading? in order to make money, you HAVE to put your money where your mouth is. you don't need to convince anyone of anything. if you think AAPL is going to the moon, just put your money where your mouth is