Session Bankroll Management And “Stop Losses”
You will generally find that in investment literature professional investors tend to avoid placing too much of their investment stake in one stock position. Similarly, as a control mechanism when playing Texas Holdem poker at lower limits you should avoid placing too much of your entire bankroll at risk during one playing session.
Having automatic triggers in your Texas Hold’em and investment systems removes a certain degree of emotion from your decision processes. Given the dangers posed to these occupations by emotional over-reaction this can only help to improve your performance, particularly when you are still in your learning phase.
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