The Forex is seen by many traders as an investment and Poker as gambling. However this view is changing. For some time Dukascopy joined the Poker at Community site allowing traders to participate in regular tournaments. In this article we see that the Forex and Poker are not so far, are more similarities than differences and Poker could be a good opportunity for Forex traders.
Poker is a game of cards which is associated with betting and has defined a set of rules. There are many types of Poker with a lot of variations as for example the way the cards are hand out or which is the winning hand (the highest or the lowest). The more commonly played is Texas Hold’em and it is the type of Poker that is available in the Ducascopy Community.
In terms of market building in Forex our contribution is extremely low but in Poker if it is a face to face we are controlling the market. Even at a table with 9 opponents our influence on the market building (Also known as pot building) is extremely strong. This is the main difference between Forex and Poker.
The Forex and Poker similarities
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