I’ve never been that great of a poker player, but I enjoy playing because of the mental aspect of it all. Each hand, each pot, each table are new and while the general rules are the same the betting is qualitative.
In trading, if you do it right, part of it is qualitative and part of it is quantitative.
Most, who were never trained in long/short portfolio management and only day-trading concepts (vwap/head and shoulders/bull flags/levels) really never see it from this perspective.
In their minds, everything focuses on expectancy: “If I back test this and get the results to say this then this must lead to this” - is the thought process. There’s a lot of people like that and in my career, I’ve had people hit me up with back-tested systems all the time to sell or to try to invest into.
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