April is almost half over already! I'm on track to have a new record in volume, and while it's still not nearly the volume I would like I'm happy that I am making progress. I must have been running really hot back in January though because my results aren't nearly up to where I was. I'm not focused on that though, just playing optimal poker and grinding out the games. I've almost set a new record high for monthly TLB points and with one or two more high placings should eclipse that. I'm also over my yearly total for last year as of yesterday. The games have been up and down lately, but I am on track to grind out even some profit for the month. I am still shooting to move up in some stakes by next month too, but will not force the issue and become a bankroll nit. Keeping focused and playing within the proper stakes is really what bankroll management and staying off tilt is all about. Sure tilt is bound to happen, but at least if you stay in your bankroll limit you don't go broke.
I also purchased 200 searches on Sharkscope which will allow me to refine my search results and give monthly graphs as opposed to showing my overall graph. Makes it much more interesting to analyze stats and really find the places where I make the most ROI.
Life has also been pretty good lately. Spring is in full bloom and the weather has been just phenomenal lately. Definitely allowing me to get out and play/practice golf, ride my motorcycle, and drive my garaged sports car. Good thing I have this full time job to make me live like a "balla" until one day poker does. Work is still work though no matter what it is you do and I'm sure the guys grinding the tables, while making a decent living, still get burnt out. As the old adage says about poker, it's a hard way to make an easy living!
Well that's about all my musings for now. The future is looking better every day, but I still don't need my shades all the time yet! Until next time, thanks for reading and good luck at the tables and in life.
Showing posts with label bankroll management. Show all posts
Showing posts with label bankroll management. Show all posts
Wednesday, April 14, 2010
Thursday, March 25, 2010
Kicking ass and taking names... or at least trying to
I've been putting in a good volume this week playing at least a few games every day and will probably hit at least 100 for the week which is nice to stay on my goal. That being said, variance is still rearing its ugly head and I'm still in a slump of sorts. Actually, I've been playing pretty break even lately. Still looks like a down month though unless I get some wins in the next week.
While the results aren't there, my play is improving every time I sit down. That ultimately is what matters. I've become more adept at spotting mistakes I make in certain spots where I should shove or fold, and even bet sizing to maximize value from my hands. I've also been better at reading hands and knowing exactly when someone doesn't have a hand, or a big stack bully is just trying to push me around. Yes I've made a few stupid hero calls, but I feel I've made more good than bad. The bad ones you learn from and don't try to make again, and the good ones you learn from and can spot even more. I am finally really starting to see what all the pros talk about in playing the player, not the cards! Although monster hands don't hurt!
In other news since I've lost a decent chunk of my stars bankroll I have decided to cut out the $1.75 18 man games until I get back up a bit. While the variance is less in these games, two of those games can equate to three $1.10 45 or 90 man games so the variance/volume risk/reward is less. Say for example I cash in 1 out of every 4 (A very realistic percentage) 18 man games, that's at least $7 for buy-ins not counting any sort of profit. Well I can play 6- 45 or 90 man games for that price and would estimate cashing slightly less say 1 out of 5 games to be accurate. These cashes will however be more $ as there are more players involved. Essentially I get more games for my money at this point is what I need until my roll goes up some.
My bankroll on Fulltilt has remained about the same for the months so no adjustments are being made there in game selection just yet. I'm still grinding out the $2.25 27 and 18 man games.
Only one week left in the month and I'm determined to finish strong!
While the results aren't there, my play is improving every time I sit down. That ultimately is what matters. I've become more adept at spotting mistakes I make in certain spots where I should shove or fold, and even bet sizing to maximize value from my hands. I've also been better at reading hands and knowing exactly when someone doesn't have a hand, or a big stack bully is just trying to push me around. Yes I've made a few stupid hero calls, but I feel I've made more good than bad. The bad ones you learn from and don't try to make again, and the good ones you learn from and can spot even more. I am finally really starting to see what all the pros talk about in playing the player, not the cards! Although monster hands don't hurt!
In other news since I've lost a decent chunk of my stars bankroll I have decided to cut out the $1.75 18 man games until I get back up a bit. While the variance is less in these games, two of those games can equate to three $1.10 45 or 90 man games so the variance/volume risk/reward is less. Say for example I cash in 1 out of every 4 (A very realistic percentage) 18 man games, that's at least $7 for buy-ins not counting any sort of profit. Well I can play 6- 45 or 90 man games for that price and would estimate cashing slightly less say 1 out of 5 games to be accurate. These cashes will however be more $ as there are more players involved. Essentially I get more games for my money at this point is what I need until my roll goes up some.
My bankroll on Fulltilt has remained about the same for the months so no adjustments are being made there in game selection just yet. I'm still grinding out the $2.25 27 and 18 man games.
Only one week left in the month and I'm determined to finish strong!
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