To begin with, you have to get really close to what the market is all about; get all the available info. Your education and knowledge are important. Take a class; reading books; discuss the stock market with some of the experts who have been stuck with success over the years. You may decide to hire an expert to advise you on the way to help you select the “right” stock, at the “right” time. Likewise, there are opportunities of that kind in the world of poker.
What is expected is strong familiarity with the company you are considering investing in, its market and some of its competitors. It’s like choosing a few poker where you will focus your efforts on visiting poker88. For picnic players, you’re likely to enjoy low / medium limit hold’em cash games. Careers generally enjoy high-limit cash games and / or competitions.
Likewise, it is important in poker to “know” each one of your enemies. Is it tight or loose, passive or aggressive? Is he deceptive – inclined to bluff? Was he the calling station that would last to the end once he had invested in that pot? In this, you shouldn’t try to bluff him. On the other hand, you can get more and more caller station chips as you increase the value.
When should the shares be sold? What is your prognosis for stocks based economics? Are there any new changes that will compete with the company’s products? The same reasons should apply to your poker game. You are way ahead; but your table structure has switched. The more you enjoy playing loose games that are less aggressive. The two new players are already seated, and they are happy to improve and raise again. It’s not for you. Exit that game.
Bottom line: Play poker as if you were making a wise investment; therefore, you are increasingly leaning home for the champion. If not, you bet – it just depends on luck. On the other hand, wise investment is analogous to being really good at playing poker.