Hot Deck the Poker Halls

So it's getting to that time of year where we eat too much, drink too much & gran knits a ridiculous jumper for you to wear! And the games become juicier than ever.










Poker
I'm on target all round, my volume is looking good. AORN I'm 3 games off target, with a (Xmas) day missed. Profit wise, things are improving. I'm actually pretty fucked off, I started out at the $5s back on FTP with a pretty huge tilt session. Bad play & not allowing myself to walk away resulted in me dropping 9 BIs from the word go. Since then I've worked it back up, looking at the results I've been on a 20% ROI run since that session but stats only look around 5% ROI over the 60ish games. A valuable lesson learnt, one which I'll make every effort not to make again.

I'm already putting together my 2011 goals. In my mind its going to include as much volume I think I can get away with, which will include moving up several levels throughout the year, improving my session quality, concentration & making fuck loads of cash while I'm doing it.

Spread Betting


I'm pretty happy with my spreadbetting TBH, I haven't been doing it long & admittedly I lost my initial £100 bankroll the first time round. But that was due to me not having a trading strategy. Now I have one with my second B/R I'm up over £60, in only 2 months to have a 60% ROI I'd say is awesome considering I'm told not many people make a profit at all.

  I can see tons of similarities between this & poker, mainly in the risk element & accepting that you're not going to get it right 100% but if you have a decent "session" it needs to make up for the loses that you take in other sessions. I've got 3 trades going, Afren (+£14), Elementis (+£30) & GKN (+£31). I was tempted to get into PZ Cussons but a 3 point spread put me off a little. Had I jumped it I'd be +£2, but thats early days.

  I'm also watching the FTSE-100 & would love to bet this going down, even if it hits the 6000 mark that analysts are claiming it will before the end of the year. The momentum looks like its ready to go after showing some divergance last week. Looking at the garph below last week it had its highest high, but the momentum indicator didn't reflect this which would inidicate the momentum is slowing & had my roll been bigger I'd have entered a trade to sell if it hits just over the 6k mark. I guess we will see if my guess turns out to be true.