Making the most out of the button
The button is the dominant position for 4 reasons, all of which either involve a great hand or being good at
bluffing.
First, when you have a great hand you are last to act and therefore can determine a raise based on the rest of the tables actions. This is much more advantageous due to the ability to have much more information on how everyone else is betting.
Second is if you are a great bluffer. you can play weak cards from this position with the intent of reading the rest of the table before making that well-timed
bluff.
But it is also very strong before the flop as well. You don't get to go last, but you get to go near the last to act with the last to act positions already having chips in the pot. So, although not as powerful, it can be used to a great advantage before the flop as well for another two reasons.
Third, before the flop you can bully the entire table with a raise. the fact that there are two players with chips already in the pot, if you raise you are telling the table that you believe you have a better hand than people who already have money in the pot. This can be a very powerful weapon for someone who is a good bluffer.
Fourth, you can safely disguise great hands with a flat-call. Many people expect the button to bet big with a big hand. So if you just call the last bet, they will assume you have weaker holdings than normal which may entice them to give you action after the flop. In other words, on the button you can trap well before the flop.
If you do not have a good hand, and you are not a good bluffer, then you should fold the button just like you would fold any other position because you do not truly have the advantage.