Hi all, I posted a few weeks back that I would begin playing poker to generate monthly cash to investment. Well I am sad and a bit embarrased to report that after going nowhere slowly in terms of capital growth (and taking up quite a bit of time) I have lost half my initial investment by doing the one thing I vowed I would not do... Getting frustated and risking the whole bankroll on a single game to generate a huge profit quick. The result, R2000-00 loss in a single session. In fact, the loss happened in a single hand. Out of interest, my flopped straight lost to a higher straight draw that hit on the river (for those that speak pokernese). I played the hand correctly but screwed up the capital management. The lesson...I am still not emotionally ready for trading and the truth is that I may never be! Very hard to accept.
you should rather open a micro forex acc that allows you to bet 10c per point at least it will teach you how to trade and with real money , it is the cheapest form of trading education and your risk is tiny.