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[QUOTE="dlam, post: 1837440, member: 78875"] Tom , I think the temperment of a trader is very much like that of a poker player. I did equity and options equity trading and what it feels to stay"marry" to your stock position. Sometimes we have to admit a loss and sell back or buy back at a loss when the market turns against us. This requires a lot of discipline. Much like having AA preflop and raising preflop only to have 4 callers and facing a wet board with heavy multiway action after the flop. And if the market goes our way and we can decide to close our position and lock in the profits or let it ride and possibly not be foolish enough to see a reversal in price. Much like flopping a set or low straight and trying to trap others only to let a flush or higher straight beat us by the river... So many world events and natural catastropes can effect the market price long term...poker outcomes are random but controlled...as there are certain possiblities that can only happen. IMO poker continues to evolve as the limit games becoming dead and the no limit stragety are more important for profitablilty [/QUOTE]
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