In this video, I go over the parallels between trading and gambling. I start by explaining how many of the top traders on wall street got their start as professional gamblers, and go into the origin story of legendary trader Blair Hull. Then I go over many of the concepts that were fleshed out in the gambling world, and were later adapted by Wall Street to produce winning traders.
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Intro: 0:00
Hull origin story: 0:18
Gambling to trading: 2:00
Risk Management: 2:30
Decision Making under Uncertainty: 3:32
Emotional Discipline: 5:10
Strategic Thinking: 6:41
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