For those of you looking at the carry trade for the first time: 1) Calculate the interest rate differential between a currency pair. 2) Convert the extra interest you would earn in one day on the carry trade, to "pips" in the associated currency. 3) Compare one day's extra interest in &quo...
One of the difficulties I have had playing in No-Limit Texas Hold'em tournaments is the amount of "luck" present in the game. More "luck" inherent in the game than people realize. As an example, let's say you are dealt pocket aces (AA), and your opponent goes "all-in" b...