Did you know that by being able to play blackjack successfully it means that you also have the necessary skills to succeed in other professions as well? Meet Blair Hull, a booming blackjack player who managed to win half a million dollars with a minimum investment of $25,000. Despite of what many blackjack aficionados might think, Blair didn’t win the huge sum of cash by playing, but instead he decided to apply the tricks we learnt in the game to the financial market trading niche. And he isn’t the only top financial trader who enjoys playing high stakes games like blackjack.

The key to becoming a successful blackjack player and trader

In spite of the fact that they seem like two very different worlds, financial market trading and playing blackjack have many similarities. To put it simply, unless you come up with a plan and execute it with discipline, you have very thin chances of success in either of the professions. Discipline in this case implies not letting your emotions get the best of you and employing a specific money management system.

Essentially, becoming a successful trader and/or blackjack player boils down to remembering the following tips:

• Playing or trading only when the odds are in your favor
• Adjusting how much you bet or trade according to each situation
• Coming up with a system and sticking to it no matter what
• Always focus when you play or trade and leave your emotions out of it

Cultivate skills that help you pave your path to success

While figuring out a strategy and swearing by it irrespective of the situation is important in both professions, the truth is that it takes more than that to make a big amount of cash. In fact, a study carried out in 1984 by Richard Dennis demonstrated that achieving success and earning millions in profits is not really about mastering a system that includes a few basic rules. The secret to obtaining 80% annual returns after a two weeks seminary is all about learning money management skills and discipline.

Can you make a fortune by playing blackjack?

Granted, both blackjack and financial market trading are actually fields where you constantly deal with odds and probabilities. However, the big difference between the two is that the rewards are substantially bigger in trading. In other words, while in blackjack you can get a maximum of 4% at most, financial trading has an unlimited profit potential. Therefore, if you already acquired the master skills in blackjack and you want to make millions rather quickly, then consider learning the basics of financial trading and start playing for far bigger profits.

A final thought

If you are interested in learning more about the crossover skills necessary in this profession and how quickly you too can become a successful trader, then you should consider reading Blair Hull’s story detailed in the book “The New Market Wizards”. Even though you may not have $25,000 as Blair did, if you focus on cultivating the skills and traits outlined here, then you can become immensely successful.