Re: Difference Between Poker and the Stock Market
Another huge difference - luck is a major factor in poker and has very little effect in stocks.
You can play poker well all night and triple or quadruple up on your buy-in, and get all-in with a 5 to 1 edge and lose it all on one hand. You can say that over time you should win most of those hands, but there's nothing that says you will. In the stock market, if you've done your work, luck plays a very small role.
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