wrecklessly funding your poker play in the beginning. Some people will just deposit funds over and over and over again one deposit right after another.
If you lose your first deposit, I think you should give it time before you deposit again (a couple of months). In that time, you read more books, study PT hand histories, and ifnd out what you have been doing wrong: plug your leaks as best you can before you try again. Otherwise, you can go broke very quickly.
Since I've started playing poker in September 2013, I have only made two deposits. When I lost the first one, i did not deposit again until three months later. When I lost the second one I did not deposit again until I, by chance, was selected to win a $100 competition on CC. That bankroll will probably reach the zero mark any day now. the funny thing is that hte most money I've ever made was from
freerolls on BCP. I cashed out $450 in November 2013, played freerolls for another two months before making my first deposit. I could have left the $450 in as a bankroll but at the time i was new to poker and realized that these companies could decide not to pay me and i wouldn't even be able to take them to court since
online poker is not regulated in the usa. So I withdrew the funds and continued freerolling for a couple of months, To this day I feel like i have to worry about the safety of my money and so i will never keep more than a few hundred dollars in any single account
Now if I had been freely depositing funds into my poker account whenever I lost money I would be, as they say on wall street, averaging down (which is to say, putting more money into a losing proposition). I could see myself being down thousands upon thousands of dolalrs right now if I had been wrecklessly depositing all this time. After all, if I just keep depositing funds then what is stopping me from taking over the top risk? If i lose so what? then i just deposit again the next day. The logical extreme of this mentality is pretty scary actually....lol
So that would be my first piece of advice. I know that one of my mistakes is that I am playing limits too high with my deposits. For example, with
juicy stakes I stayed about even for going on a month and a half playing tournaments pretty much constantly all day every day and am now down to my last $20. How did this happen? well, I wanted to play $5 sit and go's. To play $5 sit and go's one should have a $500 bankroll, not $100 otherwise the risk of ruin becomes probable. My issue was that I like the play at $5 buy-in SnG's more than I like the play at the $1.10 SnG's with the idea that $5 is a decent amount of money for one to lose and so players play $5 buy-in tourneys more seriously.
So I guess this leads to my second piece of advice: make sure that when you do make a deposit, it is adequate for the buy-ins you want to play at.
Good Luck