The Wall Street Journal | From the Poker Table to the Trading Floor: Inside the Mind of Wall Street Traders | WSJ @wsj | Uploaded September 2024 | Updated October 2024, 1 week ago.
What does playing poker have in common with trading stocks? A lot, according to these top Wall Street traders. From patience and bet sizing to managing risk and reading other players, top firms like Susquehanna use poker to help train new traders.
WSJ’s Gunjan Banerji plays a few hands with two top traders to learn about the parallels.
Chapters:
0:00 Poker and trading
0:50 Risk management
4:10 Training new traders
5:41 Rookie mistakes
8:18 Ego
9:24 Susquehanna’s culture
11:39 Taylor Swift contracts
14:14 Reading other players
#Investing #Poker #WSJ
What does playing poker have in common with trading stocks? A lot, according to these top Wall Street traders. From patience and bet sizing to managing risk and reading other players, top firms like Susquehanna use poker to help train new traders.
WSJ’s Gunjan Banerji plays a few hands with two top traders to learn about the parallels.
Chapters:
0:00 Poker and trading
0:50 Risk management
4:10 Training new traders
5:41 Rookie mistakes
8:18 Ego
9:24 Susquehanna’s culture
11:39 Taylor Swift contracts
14:14 Reading other players
#Investing #Poker #WSJ
