Fixed vs NL Texas Hold'em

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Poker has many possible variations but each follows a same pattern of play. Here is an outline to contrast and compare the Limit and No-Limit ..em.
TopicLimitNo Limit
Betting Fixed bets, if stakes are 2/4, increments of bets & raises are 2 and 4 and can be capped unless heads up on the river. A typical raise is 3-4 times big blind and a player can move all of his chips in at anytime.
Pre-flop Protection of strong hands is difficult
Incremental raises result in relatively more players to see flop
Lots of action
Protection of big hands with large raises
Less players viewing flop
Action increases with fewer players
Flop,Turn,River Lots of betting and drawings hands involved in building a sizable pot Mid to pot size bets are often used to eliminate opponents quickly with weaker hands
Money Variance Since limit is fixed bets the variance is relatively less Higher variance since betting/raising is only limited to players stack
Bad Beats Since pot odds are typically higher with many players in the pot, often players chase 4th and 5th streets Large bets with big hands can protect player''s hands
Bad beats can be costly and put players on tilt quicker
Skill level Calculating pot odds, difficult to bluff, solid poker will produce a winning player Player analysis, shifting gears, impression building, requires a much larger skill level and patience