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The best teacher is experience, but it's also the most expensive teacher. Books are relatively cheap, forums are free, hand selection is the most important thing and it can be memorized. Spend as much time preparing as you feel comfortable with, then start at the lowest limit ( Don't bother with play money, it'll only mislead you ) . I read alot of Sklanskys' books back in 2000 before I put my chips on the the table in a B&M 2-4 limit game. I might have had a little begginers luck but I started winning right away. One thing I did notice was how poor the experienced players hand selection was and how often I had them dominated pre-flop. One thing in the book that I did too much as a begginer was semi-bluff at low limits. You can value bet a draw on the flop if you have alot of callers, but only the nut flush draw or an OESD ( using both of your cards ) on a rainbow flop, and do it in a way that builds the pot, don't shut out other players, you won't take down many pot without a show down. The freecard play usually works well in low limit, if I've got a big draw and the button, I'll cap the betting on the flop if i have to in order to avoid the big bet on the turn.
I would recomend playing Limit for a while before playing NL, download Poker Tracker to monitor your progress and analyse your play. Start out super-tight, only play AA, KK, QQ, JJ, TT, 99, 88, AKs, AKo, AQs. Call 1 raise with QQ,JJ,TT,AKs,AKo. Call 2 raises with QQ or AKs. Always reraise with AA and KK. You will make a small profit and watch alot of hands, try to guess what everybody has while you're watching the hands and see how often you're right. After 20,000-30,000 hands you should be reading the players better and feel more comfortable, then you can start playing a few more hands like AQo, AJs, KQs, or in late position 77, 66, AJo, ATs , you can also play hands that do well in multi-way pots in late position with alot of limpers like KJs, QJs, QTs, JTs, 55, 44, 33, 22. Just know when to fold TP when you're playing the suited connectors like QJs, you're playing these hands to win big pots with the nut straight, not to make top pair. Whenever you move up in limits I'd recommend switching back to playing just the top hands until you're comfortable with the change in the game.
As for how many players have read the books or done some research, I'd guess 40% have read at least one book and 10% - 20% play by the book.
Good Luck at Party Poker!
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