I am just now at phase 2. $100 initial deposit has turned into $800 playing $5 and $10 45 player S&G's. Just pretty consistently getting down to 18 players left with a top 5 stack. Just feeling like I must be missing something because it can't really be this easy. Thinking that I could now lose 30 $20 dollar tournaments in a row and still be on house cash so why not move up in stakes even though I don't have all that much experience.

But I do have some things in my favor. Keeping composure in the face of bad beats comes very natural to me. I don't need the higher stakes to still enjoy poker. I do still feel like I have a ton to learn (just learned about counterfeiting a low PP the hard way).

Unfortunately there are some potential pitfalls there as well. I am at the point where I am thinking implied odds trump pot odds in many situations in NL. I am probably too eager to count on fold equity from an all in to give me +EV even if I am just 50/50 to win the hand. I probably cbet too much and think that it is making me predictable. But we will see how it all shakes out. Its hard to see much of a downside when you are riding the euphoria of phase 2.