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Bankroll related/A thought on moving down a level
Let's face it, some of us are starting with a smallish bankroll and want to move up in levels quickly, say to the $200 buy in NL game. That's my fantasy. Tried to do it a few years ago, started out with $50 at $10 buy in NL. It's so easy at that level, I quickly moved up to $25 buy in, then to $50, even to $100. Playing outside my bankroll the whole time, but with confidence.
Once I had $400, I sat with $200 at a $1/$2 NL table, and played KK very badly to lose my whole buy in against AA.
I moved back down, as was my "plan" if things didn't go well at $200 NL.
Back at the $50 table, though, I suddenly felt like a god of poker. I already trashed this level, right? I can push people around and rebuild my stack even faster. Consequently, I gave another $150 away on big bluffs...back to square one.
Has anyone else had this experience? Overconfidence when moving down a level?
As I'm coming to see, this is just one more (somewhat obscure) aspect of the psychology of bankroll management.
My aggressive advancement strategy is beginning to look less attractive, the more I think about it. I think I'll stay down where I'm playing well until I really have enough to move up.
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