Your personality defines the strengths and weaknesses of your trading style

I've often compared trading to casino play

Over the years I've developed specific strategies and preferred casino game play based on my personality strengths

Read this thread to categorize yourself 👇
Roulette - High stakes, fast paced game. Intuition and game flow are your most valuable tools. High risk-high reward. Hours of play can be erased in one spin. Emotions of greed, revenge or fighting against the table trend can be catastrophic. Must stay calm and composed (scalper)
Roulette (cont.) - I tend to scout out the tables with the best vibe or hottest table trend. If red is super hot, I can come in and bet red after one or two blacks shows up or I can blindly bet red knowing that 70% of the recent spins have been red. I rarely bet against the table
Roulette (cont.) - I'll either bet with the table trend or sit out and watch. I try to get up quickly so I can play with house money. My initial money goes back in my pocket and stays there. I bring a pre-determined dollar amount and never use more than that amount. EVER.
Roulette (cont.) - I use intuition and flow to decide whether I keep playing or get out. If I'm feeling in tune and everything is hitting, I stay in and slowly go bigger. After a big win or two, I go smaller knowing my luck is bound to run out. Slowly, profits go into my pocket
Roulette (cont.) - If some cocky idiot runs up to the table and blindly bets, I will bet against them, or at least remove my bet from the table if it's the same as theirs. These people are almost always wrong. Start to get a feel for the people who are right a lot and wrong a lot
Roulette (cont.) - Do not feel bad for betting against the loser. They are a great indicator for yourself. Once you feel the table turning against you and lose your feel of the table - LEAVE. GET OUT. GO HOME. It's only downhill aside from a lucky win or two to keep you in it.
Roulette (cont.) - If you make a bet or 2 (win or lose) and just aren't feeling the table... LEAVE. I've walked up, placed a bet and won, then immediately left because it just didn't feel right. If you have good intuition, trust it. If you have bad intuition learn to decipher it.
Poker - Game of longevity. Patience is best attribute. You must be humble and know when you're wrong. Engaging in a battle of egos will lose you money. Requires tedious planning to outsmart other players. Willing to take small losses to wait for a big defining win (swing trader)
Poker (cont.) - I've recently started playing poker. I was obnoxious. Egotistical. I thought my hand was always better than yours and if it wasn't I would raise you to shake you out.
I lost a lot.
Now I win a lot. This has also improved my mental game while trading.
Poker (cont.) - Now I sit and I wait. I don't need to win right away and know that I can win at the end by outsmarting the other players long term. If I have the best hand I can play confidently. But I'm always studying and reading other players habits.
Poker (cont.) - It's now always about how you react, it's about how others react. If I know I have the best hand and you're nervous but think you have the best hand. I can make you try to bet me out and in turn, take a lot of your money.
Poker (cont.) - However, you have to know when you're wrong. Even if you're invested in a pot for half of your chips. If you don't think you have the best hand anymore, then you must cut your loss. Calling a raise and losing even more money can jeopardize your chance at success
Poker (cont.) - Start out by playing only when you know you have the best hand. In the beginning you don't know anyone's tendencies. Slowly study them, see how they react to situations, then you can start making bolder plays later on.
Poker (cont.) - Keep losses small and chip away at small wins. When you know you have a killer hand, take advantage of it and make everyone else pay. You can have 15 small losses in a row then have a huge winner and instantly take the chip lead. Patience, longevity and confidence
Slot machine - Laziness. You have no idea how to gamble. You've spent zero effort trying to learn and just want easy money. You know that basically any game you play will take your money. You'd rather spend your time playing slots and hoping to get lucky. (98% of people)
Slots (cont.) - You don't even think you'll lose money. You can win $20-30 or maybe even a few hundred. Maybe even the JACKPOT. You're friend won $2,000 last week. "I can do that too" you say to yourself as you pull a shooter out of your pocket and down it in one gulp.
Slots (cont.) - You tell yourself you'll only take $60. You try a couple $5 slots because the payouts are better and instantly lose. You go to the $1 slots. "This looks easy enough I just have to match these 5 things together" (While you secretly know it's rigged against you.)
Slots (cont.) - Dammit I was "so close" to winning. I had 4 out of 5 matches and I would've won $50,000. (Okay, idiot they rigged it to purposely have 4 out of 5 to keep you hopeful). You run out of money in 10 minutes. You just got here though, you can't leave. You use the ATM.
Slots (cont.) - $120 this time. Half is now gone and you decide to do the penny slots. "These ones are cheap." (Not realizing each roll ends up being $1+ to have max chance to win)
You're down to your final $10 and you finally get lucky. $20 win, loss, loss, loss, $10 win, $5 win
Slots (cont.) - your luck is finally changing. $70 win! WOWW! You're now up to $90 (initial funds of $180).
This is good! I was only doing half of my options now I have to go max bet every time because I can win more money. Loss, loss, $2 win, loss, 50 cent win, loss, loss, loss
Slots (cont.) - And before you know if your money is gone. You tell yourself. "Oh well, I didn't really expect to win anyway" and leave. But you keep going back because one of these times you're going to win.
slots (cont.) - VICTORY!! DING DING! You finally have a $500 winner!! You're super stoked. You take pictures and call all your friends. You instantly leave the casino and post pictures of $100 bills on facebook. The next day you realize you spent $2,500 on slots the last 2 weeks.
The non-gambler - You don't gable at all. You worked too hard for your money to give it to this rigged place. You go with your friends and watch them lose hundreds. Occasionally you'll take $10 or $20 with you for fun but you instantly stop gambling after you're up $10 (Investor)
The non-gambler (cont.) You don't need a quick buck. You keep your money close and a majority of your spending is calculated. You're smart enough to realize you have no idea how this works and that you are the #1 target by the casino. You're friends keep losing money but NOT YOU.
The non-gambler (cont.) - You go from time to time and lose a little but you seem to win $5-10 here and there. A few years pass and you're up $350 on the casino by just playing safe and passive. You're friends are down thousands trying to continually outsmart the casino.
If you're a laid back person, You have no business playing roulette, or scalping. If you're an impatient person. You either need to work on your patience or you will struggle swing trading. If trying to hit a home run every trade and taking big losses swing trading, you'll fail
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