ouch... my cousin.... why BRM is so important.

#1 12th July 2009, 3:52 PM

My cousin just called me.

5 weeks ago, he had $70 in his Pokerstars account.

Friday he just broke $350 and was feeling hot. He moves to $50NL feeling ballsy.

6 bust outs and two days later, he's got $50 and change left and is forced to move back down to $2NL.

Learn from his mistake.

5 weeks of smart playing/upswing gone in 2 days time.

#2 12th July 2009, 3:56 PM

Quote:

Originally Posted by john003

My cousin just called me.

5 weeks ago, he had $70 in his Pokerstars account.

Friday he just broke $350 and was feeling hot. He moves to $50NL feeling ballsy.

6 bust outs and two days later later, he's got $50 and change left and is forced to move back down to $2NL.

Learn from his mistake.

5 weeks of smart playing/upswing gone in 2 days time.

Not even BR'e for 25NL

Happens all the time!

#3 12th July 2009, 4:04 PM

Quote:

Originally Posted by Stu_Ungar

Not even BR'e for 25NL

Happens all the time!

I know it does, but when one of us is "feeling it" and might be tempted to go beyond our means, its good to read a story like this so we go "oh yea, eff that". It reminds us to stay within our means.

#4 12th July 2009, 9:54 PM

Yes, but, it couldn't happen to me!

#5 12th July 2009, 10:01 PM

I'm sure he'll learn from his mistake, and will go step by step carefully now

#6 12th July 2009, 10:04 PM

I've been there!!! Sometimes people have to learn the hard way... I am one of those people

#7 12th July 2009, 10:12 PM

A few months ago I won $1 on a pokerstars freeroll and got it up to about $50 in less than a week. I was feeling great and unstoppable, so I go to a ring table 10/25 cent cash table and buy in w/ maximum $25. I start out well that lost those $25 and put in my remaining BR and lost it all. This can happen to anyone. I wasn't really angry or sad because I was still amazed that I got my BR over $50 from starting off w/ just $1. I learned the hard way, and probably will do it again in the future.

#8 12th July 2009, 10:19 PM

According to Tulina83 bankroll management is just a roadblock.

#9 12th July 2009, 10:56 PM

My first money game was $2/$4 Limit HE on a $50 BR. I was so stupid. Most new players have never heard of BRM.

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