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How do you guys limit session losses?
I'm a long time lurker who's decided to seek some guidance. It's my first post so please be kind.
I’ve recently posted in the ‘introduce yourself’ section, but the quick bio is:
I’m 8 months playing (starting at a home game and have been 5 months online). 3 months at 888 & the last 5 months at Full Tilt. $5nl full ring is where I play.
Am I a fish? Absolutely. Am I learning? Absolutely. Do I love poker? you guessed it, Absolutely.
Although a fish, I don’t think I’m that terrible. I got lucky in my first month & came 2nd in a $1bi MTT winning $160 which added to my bankroll of $100 gave me flexibility. I promptly lost it all down to $50 over the next month (there's that fish in me). Luckily I had learnt to drop stakes to the $2nl and built it up enough to move to $5nl (after 4 attempts). I've had 2 goes at $10nl but I’m not rolled for it nor ready but it will come.
After 66,000 hands I have now doubled my original initial buyin of $100 (I’ve got a $200 roll) but this is including rakeback and bonus. My bb win rate over 66,000 is 0.75. The roll doesn't reflect a positive win rate due to the amounts I lost trying to move up stakes (plus a couple of tournaments/SNGs that just don't work for me). Be patient, there's a question coming
One thing that’s really hurting my win rate are ‘bad days’. I can drop $30 a day and it seems I never lose just $5, it’s always huge relative to my roll. Before you guys scream “TILT!!” let me get in first. Yes, it probably is me tilting & spewing but I want to know how you guys get around a bad day... so the question is:
What limits do people set themselves when a session is going bad, what do you guys do???
Do you base it on time (IE 2 hours & you’re off regardless) or the amount lost? (EG if I lose 4 buyins I’m out for the day)? Mental attitude? IE ‘I’m not feeling into this’ or when you think, “get it all back” it’s time to get off?
While I’m at it, another off-topic question I have is...
Did Full Tilt get amazingly easy for about 3 days after black Friday then get ridiculously tight at the micro stakes level?
Recently I've had trouble finding a table at $5nl with any player with a VPIP > 15%. A month ago it was 5 maniac/LAGs & 2 Nits but now Russian & Eastern block dominate my time zone and that's all there are! They’re all running 6 plus tables & are TAG all the way.
Did all the good players drop down from higher stakes or did all the fish swim away (except me )? Anyone else feel the Full Tilt game just got harder at your level or is it just me and my time zone?
Lastly, where did all the Americans go? Surely they didn’t all pack up and move to a brick and mortar casinos. Surely they’re online somewhere? Where? I miss them and their funny chat vs. unreadable Ukrainian, Russian, Romanian or some other garbled language in the chat box! (Let me clarify - I'm not against any particular culture or country before I get flamed as a bigot or a racist, it's just the chat is unreadable to me.)
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