Differant strikes for differant folks as the saying goes. Chris Ferguson's Zero to Hero (http://www.cardschat.com/f11/ferguson-goes-zero-hero-84141/) strategy is a good one, but he's already rich and can afford to fool around not to mention it's good for his celebrity image and Full Tilt's mission to capture new players.
Bankroll management is VERY key to playing winning poker and CardsChat members range from freerollers to high stakes players. A bankroll to one is dinner and a movie for another, or maybe even a mortgage payment/rent.
Daniel Negraneu can't play small stakes poker, he may be able to drop a few levels but no way could he play 25 cent blind poker and consistantly win. He wouldn't be able to manage a bankroll that small. Unless like Ferguson he's doing it for celebrity image or luring people to his site Full contact and could focus with something like his ego/status on the line.
I can't and WON"T
play 1 dollar tourneys and freerolls
unless I'm doing it with friends like CC members for fun otherwise to me it's a waste of time and not worth the effort. I am playing currently 2/3 and 5 dollar tourneys with the occasional 10 dollar thrown in if the value is right. With 72 cashes 13 final tables and 5 first places since January of this year, I'm a bit impatient to win a bigger tournament.
Even the 2 and 3 dollar tourneys are borderline for me in being able to focus for as long as it takes to cash or final table, if I'm lucky/good enough to make the final table 1st may only pay a little over 100 bucks. I only play these to build bankroll so I can play the occasional 10 in hopes to final table in one of those. So THEN I may win a bankroll I can manage at 10% which means probably a move up for consistant 10 dollar tourneys untill I get enough to get to 20's or better.
No offense to the freerollers, I actually admire all of your tenacity to manage your way into a bankroll how ever small and build it to awesome proportions. I just don't have the patience and don't WANT to do that.
As long as I can pay the rent and get my baby new shoes when she needs them and I can still afford to deposit 50 bucks every now and then that's what I'll do untill I hit a big enough tourney to satisfy my time/worth perceptions. Then I'll manage my bankroll.
If this makes me a fish so be it! They say most poker players don't win, well right now according to my books I honestly fit in that category. When I have enough of a bankroll to protect, when it's big enough for me to play at a level that interests me, you bet I'll insitute some rock hard magagement values. Untill then I play with what I can afford, strive to plug my leaks, learn how to play better and take my shots at the brass ring.
Hey sharks gotta eat too!