Having a stop loss in cash poker?
Hi in trading you often put a stop loss on your trades so to limit the amount of money you can lose (of course in can gap through if there are no buyers), but it is a way to manage your risk. Do you think this is a good way to limit your risk at cash poker table. So say if you have a 25% stop loss (so 100 pounds that would mean if it drops to 75 you cut and leave the table is a good strategy.
Obivously this would not apply if all the money goes in on one pot (or you are involved in a big pot).
Hi I hear what ur saying, however, you could lose value on those big hands, the reason I thought of a stop loss if you dip below it it is kind of a sign that you are running bad and cards or play is not going you way. As I often find that if i lose a third say of my stack I can end up lose the rest perhaps not playing properly. Whereas if im winning or the cards are running well then its easier to grow my stack
Essentially my thoughts on a stop loss are kind of trying to formalise that feel when you know you are not playing well or running bad
true thanks… I think its a difficult one, ur exactly right its a feeling so how do you formalise that lol
Best answer:
Answer by LegFuJohnson
I think your stop loss involves what you put on a table… especially a no-limit table.
If you only want to lose 25, then only put 25 on the table. If you put 100 on the table, be prepared to risk it.
EDIT: Hard to formuli e a “feel”, that’s why it’s called a feel. You could lose 1/3 of your stack doing nothing wrong. If someone gives you the right odds to chase a straight or a flush you chase it.
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