Originally Posted by RSdavid46
Is it good to set yourself a limit for example: earn $10 and only $10 a day at the current stakes playin etc? or is it a bad habit?
I have a bankroll management plan but what often happens is i raise some cash and since i have a lot of time, i play a lot of hours and at the end of the day i loosen up as i get bored after playing for so long and loose it.
I know the best option would be to get a break but if i have nothing else to do i just play.
Currently playing on 0.01/0.02 blinds trying to earn a BR of 125$ to move up to 0.02/0.05 (i have $71.40 right now)
Right now I'm in SnG hell, but when I played cash I would routinely set time limits for my play and take a forced break for 10-15 minutes once those limits were reached.
As for $ limits, I generally think stop-win limits are a terrible idea. Why would you voluntarily leave a game in which you are winning? Makes no sense to me unless some other factors have changed as well.
However, I generally think stop-loss limits, as long as you set a reasonable limit, are usually a pretty good idea. It looks like you're at 2nl, so $10 would be 5BI. That seems a reasonable limit for a session to me. My thinking on this is either:
a) you're getting out-played at your table
b) you're game has slipped and you are no longer playing your best, or
c) you're actually playing pretty well and are at a good table, but all those beats to put you down 5BI are quite likely to tilt you anyway and playing while tilted can never be good.