Johnny "Orient Express" Chan is a professional poker player and the author of "Play Poker Like Johnny Chan" and "Million Dollar Hold 'Em: Winning Big in Limit Cash Games." He burst out of the rookie gate by winning the World Series of Poker in both 1987 and 1988, and more recently won his tenth World Series of Poker title in 2005. Chan is now tied with Doyle Brunson and Phil Hellmuth for the most WSOP bracelets. Chan was inducted into the Poker Hall of Fame in 2002.

by Johnny:

Making Money From Nothing
Section : High/Low
February/March 2005
Whether you're trading or raising, your smartest plays can come when the odds are against you
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Long-Term Game, Long-Term Gains
Section : High/Low
December 2004/January 2005
Fluctuations, unlucky streaks: None of it matters if you're in the right game, avoid getting caught up in the short-term and always play tough
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Winning From the Sidelines
Section : High/Low
October/November 2004
Sometimes the most profitable trades are the ones you don't make. I once guaranteed myself $250,000 by doing nothing
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Pretty Patterns
Section : High/Low
April/May 2005
Tells are overrated. In poker, as in trading, correctly reading repetitive patterns can lead to great profits
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Limit Your Losses, Extend Your Wins
Section : High/Low
June/July 2005
I've made a lot of money riding hot streaks, but it's just as important to recognize when to walk from a cold market
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Numbers Game
Section : High/Low
August/September 2005
Reading your situation correctly can help you protect your downside —- and result in some major killings if you take full advantage.
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Jack of All Trades
Section : High/Low
October/November 2005
Traders who specialize in one type of contract are like poker players who master just one type of game: dangerously limited.
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Winning Big - Winning With Style
Section : High/Low
December 2005/January 2006
The key to success in any numbers game -- from playing cards to playing the market -- is understanding the playing style that suits you best.
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My Favorite Kind of Tuition
Section : High/Low
February/March 2006
There are times when understanding a market, and cashing a big score, requires accepting some smart losses
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Handpicked Competition
Section : High/Low
April/May 2006
Whether you're playing poker or trading, exploiting a soft market for smaller gains often beats banging heads with the big boys.
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Define Your Edge
Section : High/Low
June/July 2006
If the market odds aren't in your favor, perhaps it's time to change the rules of the game. This trading truism almost took me down on national television.
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Steal the Playbook
Section : High/Low
August/September 2006
Whether you're studying highly ranked poker players or heavily traded contracts, the discipline to master trends and patterns will prove to be your ultimate advantage.
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Stay Hungry
Section : High/Low
April/May 2007
I SEE A LOT of players quit a game way too soon. I’m not just talking about leaving the table. More often than not, “quitting” ...
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Know When To Walk Away
Section : High/Low
February/March 2007
As Kenny Rogers sang, holding 'em and folding 'em are important skills — but in trading, as in poker, knowing when to leave the table is essential to capital preservation
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Vary Your Style
Section : High/Low
October/November 2006
In a trading rut? Just consider this: Mixing up my cash-management style in a televised poker game once allowed me to bring down a $300,000 pot.
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Handpicked Competition
Section : High/Low
April/May 2006
Whether you're playing poker or trading, exploiting a soft market for smaller gains often beats banging heads with the big boys.
> read more

Steal the Playbook
Section : High/Low
August/September 2006
Whether you're studying highly ranked poker players or heavily traded contracts, the discipline to master trends and patterns will prove to be your ultimate advantage.
> read more

Handpicked Competition
Section : High/Low
June/July 2006
Whether you're playing poker or trading, exploiting a soft market for smaller gains often beats banging heads with the big boys.
> read more

My Favorite Kind of Tuition
Section : High/Low
February/March 2006
There are times when understanding a market, and cashing a big score, requires accepting some smart losses
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Value Betting
Section : High Low
June/July 2007
Any capable trader can profit from a good position. The masters know how to play for maximum extraction.
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Value Betting
Section : High Low
June/July 2007
Any capable trader can profit from a good position. The masters know how to play for maximum extraction.
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Stay Hungry
Section : HIGHLOW
April/May 2007
A winning streak can affect your judgment — and, paradoxically, cause you to miss out on even bigger opportunities
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Know When To Walk Away
Section : High/Low
Feb/March 2007
As Kenny Rogers sang, holding 'em and folding 'em are important skills — but in trading, as in poker, knowing when to leave the table is essential to capital preservation
> read more

Stick to Your Guns
Section : High/Low
December 2006/January 2007
"Stay the course" might have been a bad campaign mantra, but it's often sage wisdom in poker -- and in trading.
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Vary Your Style
Section : High/Low
Oct/Nov 2006
In a trading rut? Just consider this: Mixing up my cash-management style in a televised poker game once allowed me to bring down a $300,000 pot.
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Exercise in Control
Section : High/Low
September 2007
Put your ego aside. Sometimes smaller stakes can mean a smarter game.
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Wolf Among the Sheep
Section : High/Low
October 2007
Market volatility offers the same kinds of opportunities in trading I see when a loose amateur sits down at my poker table.
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The Card Shark
Section : High/Low
May/June 2008
A cursory look at any opportunity will lead to cursory opportunities. It’s the deep, time-consuming data that brings serious profits.
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Special Situations
Section : High/Low
June/July 2008
Every so often, when there's a patsy at the table or a no-brainer in the markets, a mere week's work can make your year.
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Trust Your Gut
Section : High/Low
September 2008
There's a reason not just anyone, no matter how much practice or effort he puts in, can be a great trader -- or poker player.
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