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If you need some financial advice, why not look to your favourite game to learn more about investment? You may be surprised to hear about Poker’s lesson for anyone who wants to make better financial investment. Do you want to try and learn how to become a better investor through Poker’s lesson? Let’s take a look, shall we?

  1. Always develop an edge. Poker’s lesson has taught gamblers that to make money you need to play without betraying any emotion. Therefore, when you are investing your money in the stock market, you need to be cold blooded about it and not show people your true feelings.
  2. Be flexible and willing to adapt. A good poker player knows that they can never be static if they want to keep ahead. Change the way you invest as the market conditions change and you are sure to have yourself a recipe for success.
  3. Figure out if your opponent is betting against you. In markets, the term hedging is commonly used, which is very similar to the way a poker player checks another player. You need to take a look as to whether you are being outsmarted by another investor or entity and place your investments according to that.
  4. Figure out when to place your bet. Looking at Poker’s lesson, you can either call or go all in when it comes to a wager or an investment. Knowing when to place all your money on an investment is as crucial as placing the right wager in a game of poker.
  5. Walk away when you have to. While it may be difficult to do, walking away is sometimes the best thing to do during a poker game, or an investment. If you realise that the investment is a bad one, don’t be afraid to cash out and to walk away while you still can.
  6. Develop a fluid strategy. Your strategy for investment, as with poker, needs to change according to the situation you find yourself in. Just make sure that you are adapting the amount of investment and type of investment you are making depending on the market conditions and how the stock is faring.
  7. Realise your own abilities. We all face challenging situations that test our mettle and one of Poker’s lesson is that you need to draw on your own strengths, or face up to your own weaknesses, if you are to make the most of a game. So, find yourself a situation that are you in and use your abilities to get out of it.
  8. Take five. If the situation is getting too stressful, walk away, think about it and then come back to invest when you are good and ready.
  9. Be disciplined. Being disciplined with your investments and wagers is the best way to succeed.
  10. Ask yourself why you do it. If investing is something you are doing to make yourself happy, or simply make yourself rich, there are different ways you can do it. Therefore, ask yourself the right questions to figure out how best to proceed.

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