Plan: Make 10k by 9/07

Goal: Play 100k hands by 9/07


Benchmarks:

By September:
I hope to have a 15-17k Bankroll. This puts me in a really good position to begin taking shots at 400NL. If I am below 12k by September, I ought to be planning on either going to school full time.

By November:
I hope to have a 20k Bankroll. This puts me within reaching distance of my 25k Bankroll, and at which point I will have 2 months to make 5k (12.5 buy ins) at 400NL. That is an average of .25 buy ins a day – quite easy playing 15hrs/wk with any win rate. If I am below 17k by November, I ought to be planning on either going to school full time.

By January:
If everything has gone close to plan, I should be anywhere between 22-25k, and be comfortable “rolled” to go full time. If I am below 19k by January, I ought to be planning to go to school full time.


Stop Loss:

Assuming I start with a 25k Bankroll when I begin playing in January:

I figure that a 10 buy in downswing can easily be normal variance. Anything significantly over that is more likely the result of poor play or being at a limit I cannot win at. So, in my mind losing 8k is a reasonable stop loss goal, since that is the equivalent of 20 buy ins at 400NL, the limit I plan to be playing at. Should i drop around 20 buy ins, i will at that point sign up for the fall semester as a full time student.


Well, i tossed out the math i had earlier. The benchmarks still seemed relevant so i left them.