Is the stock market anything like Poker?
I put 100 dollars into online poker, it took me all day just to make a few bucks then I lost it all.
well?
>>1181475
>put 100 dollars into online poker, it took me all day just to make a few bucks then I lost it all.
I don't know about the stock market to answer your question, but I know about poker and what you described is the result of poor bankroll management, and probably also being a bad player.
>>1181478
top kek, I heard that one before from literally every poker player
>>1181485
Well, I don't know. You seemed to imply that those 100 bucks were your whole bankroll, in which case yes, losing it in a single day is pretty fucking bad bankroll management. Even an awful player wouldn't lose all his money in one day if he risked it at a reasonable pace.
By the way, I've never heard the "poker is a scam" thing from a decent player even once, it's always the ones who play like retards.
>>1181478
The only good bankroll management is to not use your bankroll to play online poker.
Playing poker is a lot like buying Ethereum and Pepecoin.
Both of them make you RICH!
>>1181552
Same as with poker you idiot?
>I predict everyone's hands and the flop and win $500,000 and become rich
So dumb lmao
>>1181520
Online poker is actually not bad at all. I earn an average of $50/hr and have been doing it for a couple years. I could probably try my hand at higher levels but I have no inclinations to do so since I make decent money now. I don't like trying to fix unbroken strategies.
>>1181475
Exactly the same.
Your ability, or lack thereof, to devise a strategy and stick to it determine how randomness affects your results.
In your case, negatively.