Originally Posted by TPC
Wrong, you don't understand BRM. If you are a winning player it's impossible to go broke. You can't start with a roll at the bottom stakes and think you are using proper BRM. You aren't, you might be rolled for the limit you are playing but if you are playing at the bottom level you have no room to drop a level if needed.
The point of BRM is to be able to move up and down in stakes as your BR allows. So you need to start at a level where you have room to move down if needed. If you are a winning player there will be times you move down a couple of levels and then move back up, but you will never go broke. If you continue to go broke then you are not a winning player and BRM will only help you go broke as slow as possible.
It is very possible for 'winning players' to go broke b/c they may opt for an aggressive brm style. However as you have pointed out most winning players shouldn't go broke as long as they use a 'move up/move down' brm.
What most beginners underestimate, and a lot of experienced players for that matter, is variance. It's very possible to go on a 20k, 30k, 50k hand heaters and think 'Yeah I rock I'm gonna move up', then before you know it your on d/swong citeh and most of your roll is lining the pockets of your opponents.
IMO the more buy ins you have, the more you can reduce the psychological affects of variance. So don't be in a rush to move up, play a good quantity of hands to determine you actually are a winning player at your limit. Once you have the confidence and bankroll to support your move to the next level then go for it, but be prepared to move down if required.