(the person I'm meeting has just delayed so...)
I posted this just as a spur of the moment thing while thinking about the bankroll issue. I wanted to see if others felt the same way: having basically the effects of the mirror image of playing underrolled. I tilt (not necessarily rage tilt) and don't play my best because I'm playing with money that, although it means a good deal to me in real life, doesn't mean much to me in relation to my bankroll. Not that that's justified, but you get the idea.
Originally Posted by Double-A
Are you making enough money at your current limits to significantly improve your quality of life?
If you are then stop growing your bankroll. Pick a line that you feel comfortable with (40 buy ins?) and play. Withdraw anything over that amount and put it in a savings account or some other secure investment.
If not then think about moving up.
If I was in you shoes I'd stay at my current limits and use any money over 40buy ins to: pay off my debt, put 3-6 months living exspenses in a checking account, and put a years worth in savings. If it was going to take 5+ years to pull that off then moving up might be better. If I could do it in a year or two...
Debt free with a fat roll and 18 months worth of living exspenses...
Good post, definitely food for thought. I'm in kind of a complicated situation right now so it's not that easy, but I guess it never is. I'm in a spot where I *could* change my life significantly by just sticking to my current stakes, but if I were to move up and win consistently like I am atm, then it would change it even more significantly. There's always more money to be desired I guess.
(Next up: investing thread )
Originally Posted by feitr
I always used to constantly check my bankroll and/or HEM to see how i was doing mid session. I realised that it was having a real negative influence so forced myself to not check HEM until i was completely done with the session (sometimes don't even check anymore to see how well a session went), and it makes a really really big difference.
So i'd definitely try to do something about it, whether that be to reduce your online BR (CAD is nice for that atm ), move up (tho i think you should have other considerations which >BR when considering to move up), or somehow find a system which prevents you from being BR-related results oriented.
But stopping to check your cashier makes a real big difference imo.
It is really easy to lose perspective when you aren't playing micro stakes, but living in Canada if you start to think that making $500 in a day is nothing because it doesn't really impact your roll that much then you probably have lost a little perspective in terms of the big picture ($500/day = $180k in a year).
I've been trying to stop paying attention to the money for about 3 years now
It's easier said than done. I've gone through month+ stretches where both I ignore the cashier/hem graph tab completely, and where I check it every 5 minutes. Lately it's been getting much better as I've been working on it. When I really stop and think about why my winnings in relation to my BR should matter, I can't think of a single good reason though.
I dunno I'm just kind of rambling aimlessly here. I'm still undecided, but I think what I'll do is scope out some tables tomorrow, take some small shots, and try to figure out just how well I'd do at 400nl before making a full move. After all I only have 30 buyins there. If I feel uncomfortable, I'll just keep doing what I'm doing now. Lord knows I still have tons to work on, but I do think I could be a pretty solid winner up there. Maybe I'll just delay a bit.