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T_Vegas3
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05-23-2005, 12:07 AM
Post subject: Q about setting goals in NLHE
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#1 (permalink)
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Join Date: May 2005
Posts: 15
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I am trying to build up a bankroll at GamesGrid playing the nickle talbes to start, but I have a few questions about setting goals for myself.
I started out with $40 in giftcards, and set myself a goal of $100 for the first day. I got just over my goal then decided it was late and I should goto bed. The next day I gave myself a goal of $200. I reached my goal around midafternoon. Now that I have hit my goal plus some, do I stop playing for the day? Do I set myself a new goal for the day? What is the real point of goals anyways? I know they are good for staying on track, but do I use them as stopping points, or take a break point? For you guys out there that set monetary goals, isn't just playing your best game all the time good enough? Do you stress and get looser when your not reaching your goal?
If I stick with setting myself goals, how should I structure them? Maybe a few examples would help, knowing that I have ~$200 to start with.
Thanks
- Tyler
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BobbySalami
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Flush
Join Date: May 2005
Location: Limbo
Posts: 433
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Holy crap!..........that is a ridiculous run at the nickel tables. That is just ridiculous.
I think goals based on amount of $ won per day is a very bad idea. You ARE going to have losing days, and weeks. And it might cost you your entire BR trying to reach your goal in such a short time span.
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T_Vegas3
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Join Date: May 2005
Posts: 15
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Quote:
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Holy crap!..........that is a ridiculous run at the nickel tables. That is just ridiculous.
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Once I got up around $100 I 2 or 3 tabled, throwing in a .15/.25.
Possible goals I should set for myself?
try to double every week until $500? then rethink my goals?
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mgobluefb
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Straight
Join Date: Mar 2005
Posts: 172
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I have been thinking about this. I play 25NL at Party. Do you think this would work...
Up $50 (two buy-ins), quit.
Down $25 (one buy-in), quit.
1:30 playing time reached, quit.
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Les_Worm
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4-of-a-Kind
Join Date: May 2004
Location: MI
Posts: 1,697
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Quote:
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Originally Posted by mgobluefb
I have been thinking about this. I play 25NL at Party. Do you think this would work...
Up $50 (two buy-ins), quit.
Down $25 (one buy-in), quit.
1:30 playing time reached, quit.
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That doesn't work. Never cap your winnings. Play at a table until you no longer have an edge either because of stronger players coming in, fatigue, tilt....etc.
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The artist formerly known as Knish
Only mediocre players are always at their best.
Phil Ivey Owns You
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TylerK
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4-of-a-Kind
Join Date: Oct 2004
Location: PEANUT BUTTER JELLY TIME
Posts: 1,791
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Here you go.
http://www.twoplustwo.com/magazine/c...blade0505.html
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TylerK: its just gambling if i want to worry about money i'll go to work lol
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Bmxicle
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Full House
Join Date: Jan 2005
Location: Vancouver
Posts: 947
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For the original poster, your goals are unattainable. You want to set a monthly goal at a minimum, and even then there will be variance in how much you make each month.
Poker is a longterm game, how you do in a day, a week, and even a month can often be irrellevant to how well you are actually doing.
My goal is to make another $4400 by the end of summer so i am properlly bankrolled for moving up in stakes. This is a good time scale for your goals to be based on.
Also, Mgobluefb, you should probably read this:
http://www.twoplustwo.com/magazine/c...blade0505.html
Assuming you are a winning player, you make money by playing hands. Not by winning or losing money on any given day. The only reason you should stop is if you aren't able to play well. So if you feel that you can't play well when you have won 2 buyins, lost 1 buyin, or played for an hour and a half, then you should stop, but you wont make as much money.
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Bmxicle
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Full House
Join Date: Jan 2005
Location: Vancouver
Posts: 947
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Haha beat me to it tyler.
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T_Vegas3
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Join Date: May 2005
Posts: 15
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Thanks for all the replies. Ill put the info to good use.
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ensign_lee
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4-of-a-Kind
Join Date: Feb 2005
Location: The University of TEXAS at Austin
Posts: 2,237
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That is freaking ridiculous (in a good way!). $200 on the nickel tables / $.25 tables???!?!?!!
Holy crap...
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