Monitoring Software
In previous times Texas Hold’em players and investors had to use the trusted pen and paper to maintain records of their poker and investing history. There was not much analysis that could be done with such records but it was better than none at all. However, the computing power available to the average person has changed all that. Now it is possible to analyse your complete hand history in the most minute detail and all of your investment decisions down to the last minute and cent.
Therefore, there is no excuse for the serious Texas Hold’em player or investor to not track their past performance rigorously and to learn from both good calls and mistakes. Recording and analysing past performance not only educates you about your behaviour and decision making skills. It also enforces discipline on your Texas Hold’em playing and investing – and we know at this point that discipline is one of the keys to success.
There are a number of software packages available for analysing your Texas Hold’em performance. And for investment performance analysis there is the spreadsheet.
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