Saturday, May 26, 2012

A WSR Training Tool......A Key to Success.

Thank you for the feedback and the compliments. We have received numerous emails asking how our batting average is so high. I guess after a great day of working out, wonderful sunny day, and a party at the pool- we might let you in on a key to trading. First of all- God Bless Our Troops- Past and Present! This is Memorial Day Weekend. Don't EVER forget the ultimate sacrifice others have given so we can enjoy our way of life. Always remember and respect them! Always! We owe a tremendous amount to the parents and their sons and daughters who are/have been in the armed forces. Ourah!

Texas "No Limit" Hold'em. A crucial tool to learning how to invest and trade. Why? It teaches you the following:

1. Risk Management
2. Risk Management
3. Accepting and escaping losing propositions
4. Understanding market trading and betting patterns
5. Sticking/reversing during volatility for the payoff
6. Playing a game style that is most comfortable to your personality- Key
7. Understanding the bluff (media ) and the players ( analysts and institutions )
8. Trusting your instincts
9. Ability to understand luck and its place in your strategy with no emotion
0. Controlling your emotions and establishing confidence

As our readers know, Jesse Livermore was one of the greatest traders of all time. Now imagine his skills combined with the greatest poker players? Now add in current technology and the hiring trends at the largest institutions. You seeing the light?

In poker - it is crucial to learn the player's habits at your table. It is crucial to learn the habits of those that influence the market.

Have a wonderful and thoughtful Weekend!