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Stock Investing with Common Skills in Poker Game
By Wealth Directions  •  September 8, 2017
There are many similarities between Poker Game and Investing. In fact, we could have more special edges or unfair advantage in investing but most people do not know. 1) Technical Analysis (TA) – Reward / Risk, Following Trend For both poker and investing, we bid or invest more when the reward/risk is higher.  If we play Black Jack (total = 21 points), if you have 12 points, likely you will take the risk to add 1 more card because your chance (a card with 9 or less points, so that not exceeding 21 points) is high. Similarly, for trading or investing, eg. when stock price is near to the support, we would start to enter as the reward (upside) is more than the risk (downside). Similarly, when a poker player has smooth win (good trend in winning), eg. facing a weak opponent, may add more position to maximize the ......
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By Wealth Directions
With the mission to help 1 Million Millionaires, Wealth Directions Pte Ltd aims to be the leading provider of Financial Education in Singapore and the region. We do not want to be just another seminar provider, but help create a closely-knitted community of like-minded people, who are interested in continuous Personal Development and learning, who believe in improving themselves in order to contribute back to the society at large.
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