Increasing Risk Level
There are 2 ways of progressing to a higher level in Texas Hold’em – one is to stay with the same game type e.g. limit and progress to higher limit levels, the other is to move on to new game types that have progressively higher risk levels e.g. pot-limit or no-limit. In the markets you can remain in the initial market that you have selected and increase the size of your investments or you can move on to other markets that are inherently more risky because of the nature of the underlying factors that drive the market.
The way in which you increase your level of risk is intimately connected with your bankroll and money management approach – both for Texas Hold’em and investments. Therefore, you need to consider your overall skill levels and bankroll amount before changing limits. This is discussed in more detail in the “Bankroll / Money Management” chapter.
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