I am interested in Texas Hold'em because it is said that Poker is the game closest to trading, and many researchers and traders also play it. This movie should be regarded as the best gambling-related movie I have ever seen. Although there are not many descriptions of the game at the poker table, those who have already left Hong Kong at every turn are a thousand-year-old. The bad film is stronger than a few blocks. But the description of the gambler's psychology is still in place.
Although the protagonist in the movie is designed to be a small shark that has gradually grown up in the card reading, on the whole, it is still a young leek.
At the beginning of the film, betting on all the belongings was a very immature performance in fund management. Although he claimed to have beaten Chen Qiangni at the time, there is no doubt that he did not seem to understand that a small probability event will happen, as long as the number of repetitions is repeated. enough. What he made was a bet that couldn't fail. Even players like Doyle Bronson or Gus Hansen will lose all their chips and buy again.
Secondly, after his old friend came out of prison, he lost the bottom line again and again and returned to the gaming table that brought him countless pain. This is too similar to the reality of many investors after losing money, they are unwilling to admit defeat, go back, and continue to lose. I often talk with my friends, saying that professional gamblers, the most important thing is to know which table is suitable for me and which is not suitable. His old man was so upset that he promised to guarantee a debt to that useless friend, 15,000, which must have been a very expensive property at the time. Of course, this is a deliberate rendering of the character's character in the film, but I think this character is not suitable for being a professional gambler.
Speaking of his friends, it is a complete trash. First, I owed a loan shark and forgot the reason for my release. After I was released, my first thought was to get my friends into the water and repay the debt by gambling. Then, in order to quickly pay off the gambling debts, I chose a very easy and stable profitable way: find leeks to win money. If there is a big difference in strength, it is actually picking up money and turning mental work into manual work. There is a saying in the film that is quite right. In fact, playing cards is not compared with people, but compared with people. This is a question of choosing opponents. In the end, he was screwed up by his old man. Through the behavior of Chuqian, which was considered high-risk and low-return in the situation at the time (Chuchian was high-risk and high-return in most cases, but if the protagonist could achieve stable profitability, this It turns into a low return), hoping to make money faster, but the result is no loss of money. Fortunately, the policeman in the movie is friendly, just a fat beating, and he didn't cut his hand. What's more, the protagonist had clearly hinted that he could not do this by discarding good cards. This friend was not dazzled by money, it was simply dazzled by stupidity.
As the male protagonist said, the female number one has the potential to become a shark. After getting a bad card, knowing that there is no hope of returning to the original, decisively cut the position. So some people joked, don't ask a trader to be your boyfriend, because maybe one day you will be in a bad mood and you will be stopped.
The other guy who works in the sauna, who seems to be able to see everything, didn't watch the movie too carefully, as if he said he didn't gamble often or gave up gambling? He may not be a good gambler at the poker table, but he may be a good gambler in life. He said not to go to KGB to gamble, indicating that he knows where his ability circle is. He considered the worst risk and balanced the risk-return ratio. Even when the male protagonist asked him to borrow money later, he still reminded the male protagonist that there were some things he couldn't do. But in fact, leeks can only be eliminated, not saved.
The male protagonist finally returned to KGB, found a strong opponent, once again leveraged himself, gambled his life, and was easily provoked after winning money. Perhaps it was better strength and luck at the same time. This time I was on his side, and because the movie needed such an ending, he won. At this point, he has already lost. If the luck of the night is not on his side, and the other party is not a big leek who sends money to the table, he is likely to lose all of his. This was his last resort when he couldn't do it, but it would be a mistake in itself to encounter such a situation. In reality, in his long career as a gambler, he has all kinds of immature performances, and any huge failure may cost him his life.
Some people may think that the male protagonist has excellent skills, so in the long run, there is a high probability that he will win. Unfortunately, in this market, it is not always the people with the best gambling skills who earn the most money, and even those who are not good at gambling can make money. If you live by gambling, then this is a marathon, not a 100-meter race. It is not who runs fast, but who lives for a long time. This is why the top players can calmly tell the staff after losing all buy in in the high-stakes cash table game, another 200,000 yuan. Capital management, mentality, and risk control are much more important than the technology itself. I have also seen in reality that some people with high short-term trading skills can't make much money in the market. This is also a question of mentality and household asset allocation. If you still don’t understand, you can look at the story of Long-Term Capital (LTCM), and you will probably understand what I mean.
There is another point worth noting in the film, that is, the old judge mentioned the "follow your heart" point of view when talking about career choices. In most cases, this is correct, and I am also a practitioner of this sentence. But I think that in some industries, risks are too high, there are too many forked paths, and the rate of success is too low, and as the losers of the industry, there is no room for turning back. This kind of industry can be regarded as accidentally losing everything. To be a gambler, that's it. Whether it is a programmer, an accountant or a cashier, it will be different if you have been a programmer, accountant or cashier for 10 years or 20 years. Even if you are not good in the industry, you can do well. At least you have qualifications, but professional gamblers have gambled for 20 years. If it were not for the best group, not only would they have no money, nor any accumulation, life would most likely lack happiness, and they would also be unable to extricate themselves. When a person is interested in such an industry, one must be cautious. (So I never advise others to speculate in stocks. I only know how difficult it is after doing it.)
Although I don’t see much in this movie reflecting the psychological game at the table and the description of card reading, the whole movie has weaknesses in human nature. The depiction of is very exquisite, it is a very good movie suitable for all kinds of people who make a living by playing games.
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