In this series we’ve considered various ways the strategies employed by those who invest in the stock market resemble those used by poker players. We’ve discussed the importance of timing in both contexts, parallels between studying the stock market and learning poker, how the psychological challenges of both can be similar, and how it is important to be able to measure and manage risk whether trading chips or stocks.
Today we’ll conclude this discussion with a look at how smart, sharp-eyed traders — much like intelligent poker players — use patience and observational skills to improve their chances of success.