Screen-Based Entry
Deciding which Texas Hold’em pocket hands to play and which investments to make should be based on a screening strategy that will only create situations for you that provide a positive risk-reward ratio in your favour. You will find that such a screening strategy will mean that more often than not you will be sitting on your hands during games of Texas Hold’em and during the investment markets.
The foundation to successful Texas Hold’em play is having the ability to fold poor starting hands. The majority of starting hands should NEVER be played, particularly if you are in early position.
Similarly, in the world of investment choices the majority of investments should never be selected for your portfolio, particularly if you are in the equivalent of “early position” because for some reason your information about the investment is of poor quality.