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[QUOTE="CuttleFish, post: 1836313, member: 84262"]
Hey Tom,
 
I do both and the similarities are there for sure.
 
Both are part time for me as I have a full time gig.  Im no expert in either but do ok  in both.  I would put in on average about 6 hours playing poker/week and the same time learning poker.  About 4 hrs/week trading, about 4 hrs/week reading/learning.  Last year I made about $22k in poker from a $3k base and about $12k trading off a $100k base.
 
Similarities:
1.  Having to make decisions based on incomplete information.
2.  Being able to rapidly adapt to changing circumstances by having a plan.
3.  Goor bankroll management/risk management.
4.  Understanding the importance of perception versus reality.
5.  Basic understanding odds/statistics
6.  Discipline to stick to the basics.
 
The two biggest differences to me are:
 
1.  Taking out the human factor, technically in the stock market, there are an infinite number of influencing factors at play.  In poker it is finite.
2.  The human element in poker can influence a hand/table/tournament, but it cant influence the entire dynamics of the game.  The human element in the market can change perceptions which in fact change actual dynamics.
 
 
I still have a huge amount to learn about both but the information for shares and poker is out there if you know where to look.
 
I am convinced there is an over-riding mental state that could lead to excellence in both, but for me this has more to do with meditation/consciousness studies rather than any technical training.
 
Good luck with your journey.
 
CuttleFish
 
p.s.  keep track of the Aussie $ over 2012 and see at least a 30% appreciation against the Euro  :)
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