From professional poker player to professional trader?

[Masquerade]

Why the move? Are you not finding any advantage in being in an office?

He doesn't like getting dressed for work.

 

[arabianights]

He doesn't like getting dressed for work.

It's 90% this, actually. Just fed up of early starts.

 

[Pazienza]

It's 90% this, actually. Just fed up of early starts.

Good reason . I am looking forward to the day... .

 

[counter_violent]

You can watch me trade for a day once I move to trading at home rather than being in an office if you then tutor me in poker for the evening

Set up a private game and we can all assess each other but be careful...cos I will have your pants down.

 

[arabianights]

yer on, get on msn!

 

[arabianights]

squizzel.... hope you wanna play too? I

 

[WesleyMantooth]

squizzel, I've been reading this thread with interest as I'm in pretty much the same position as you. I'm a professional gambler (24), however sports markets and casinos is what I specialise in. Sports markets seem to be in the same position as you regard poker at the moment, the edge is getting smaller by the day and it's much harder to make what you could in the glory days of 2006 - same goes for casinos. I've found myself having to use much more high variance strategies to make the same kind of margins as much less volatile ones could return a couple of years back. So looking to make the transition into the financial markets too; I'm looking down the prop route at the moment, but trying to work out if the numbers stack up - arabian maybe you could offer some insight into this? I get the impression most of the shops that are trading STIRs are just looking to churn as people through the door to collect commissions and desk fees, with a few reputable firms out there too that offer some solid training - What would you recommend?

 

[Masquerade]

How are you a professional casino gambler and how is your edge getting smaller in casinos?

 

[WesleyMantooth]

rather not comment directly on that Masquerade.

 

[arabianights]

squizzel, I've been reading this thread with interest as I'm in pretty much the same position as you. I'm a professional gambler (24), however sports markets and casinos is what I specialise in. Sports markets seem to be in the same position as you regard poker at the moment, the edge is getting smaller by the day and it's much harder to make what you could in the glory days of 2006 - same goes for casinos. I've found myself having to use much more high variance strategies to make the same kind of margins as much less volatile ones could return a couple of years back. So looking to make the transition into the financial markets too; I'm looking down the prop route at the moment, but trying to work out if the numbers stack up - arabian maybe you could offer some insight into this? I get the impression most of the shops that are trading STIRs are just looking to churn as people through the door to collect commissions and desk fees, with a few reputable firms out there too that offer some solid training - What would you recommend?

Basically the way you characterise it is right; you need to teach yourself. If you've got the money I wouldn't bother with any training, I'd just put the money down, negoitate a decent deal and try to learn from osmosis...

 

[Masquerade]

rather not comment directly on that Masquerade.

Ok, are you talking about online casino or live?

 

[arabianights]

Ok, are you talking about online casino or live?

Have you never heard of blackjack?

There's loads of forms of advantage gambling and I don't see why he needs to tell you anything.

 

[Masquerade]

Have you never heard of blackjack?

There's loads of forms of advantage gambling and I don't see why he needs to tell you anything.

Yes, i've heard of blackjack and it's a game with a house edge. Maybe he can do card counting or ace tracking but those only skew the %'s a small amount and you can't do them indefinitely. Besides, no-one asked you so STFU.

 

[WesleyMantooth]

Basically the way you characterise it is right; you need to teach yourself. If you've got the money I wouldn't bother with any training, I'd just put the money down, negoitate a decent deal and try to learn from osmosis...

Thanks, that's pretty much the conclusion I was starting to come to. From a couple of your past posts I remember reading, I recall you dabble in sports too?

 

[WesleyMantooth]

Masq, what is your background if you don't mind me asking?

 

[arabianights]

Thanks, that's pretty much the conclusion I was starting to come to. From a couple of your past posts I remember reading, I recall you dabble in sports too?

I've pissed around with them but not properly.

 

[Masquerade]

White male, N london, grew up in a semi-detached house, middle class.

 

[WesleyMantooth]

Bsc Hons in Flippancy?

 

[Masquerade]

Actually BA hons. Don't know why it took you so long to say you're a bonus whore. Talking about going to casinos and having an edge which got smaller

 

[arabianights]

Actually BA hons. Don't know why it took you so long to say you're a bonus whore. Talking about going to casinos and having an edge which got smaller

He never said he was a bonus whore, you're looking very silly