Monitoring Games / Investments Before Selection
It is vital to monitor each Texas Hold’em game that you are considering playing in before you actually join in on the action. The obvious statistics will be the number of players (which should be 8-10), and the average pot size (which should be higher than average for the limit level which would indicate more careless betting by the players but not too high which would recklessness on the part of the players). Some games may look profitable according to basic statistics but turn out to be unprofitable because of the play of some or all of the participants e.g. they could be very loose, always betting to the end of each game regardless of pocket cards, resulting in some terrible bad beats for you.
Before making investment decisions regarding investment in a particular security (or set of securities) you should also take some time to monitor the performance of the selected security/ies in detail. Although the basic screens that you use to select investments may be satisfied by an investment’s performance, further examination of the underlying drivers of a security’s performance may make it an unsuitable investment.
For example, you may be using an investment screen that selects securities which are good value according to your selected investment measurements e.g. price-earnings ratio. This screen selects a “value” security that you then analyse for 2 weeks based on its price characteristics. However, its price characteristics indicate that it may be a poor investment at this point in time because there are too many sellers in the market. Therefore, you may decide not to make this investment.
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