Let’s start with the basics; what does fold mean in poker? Folding in poker is 🏧 the act of surrendering your cards and forfeiting all interest in the pot. You no longer have to invest any 🏧 money into the pot, but you lose your chance to win it. You must wait until it is your turn 🏧 to act before folding, as folding out of turn gives an unfair informational advantage to the players who haven’t yet 🏧 acted.
When playing online, folding is as easy as clicking a button, but when you play live, you need to make 🏧 sure that you keep your cards face down when you toss your cards into the muck. This is because any 🏧 exposed cards will influence the action for players who are left in the hand, so it’s best to keep your 🏧 cards on the table when you fold your hand.
How Often Should You Fold In Poker?
Now that we know what folding 🏧 in poker is, how often should you do it? Well, like the answer to a lot of things in poker, 🏧 it depends. If you fold too often, you allow your opponents to exploit you by bluffing more frequently. However, if 🏧 you call too often, your opponents can adjust their ranges to bluff you less frequently, which means you’ll lose a 🏧 ton of chips to their value bets. It’s a tricky balance to pull off.
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Fibonacci retracement levels connect any two points that the trader views as relevant, typically a high point and a low point. The percentage levels provided are areas where the price could stall or reverse. The most commonly used ratios include 23.6%, 38.2%, 50%, 61.8%, and 78.6%.
The essential part is that as the numbers get larger, the quotient between each successive pair of Fibonacci numbers approximates 1.618, or its inverse 0.618. This proportion is known by many names: the golden ratio, the golden mean, , and the divine proportion, among others. So, why is this number so important?
