Yes.

Sorry if my wording was too subtle.

Bad play, bad table /seat selection, bad whatever.

We tend to assume our play and situation is relatively consistent and our wins and losses can be chalked up to variance. For a lot of us, when we face tough variance for an extended period some part of our game suffers. If our edge was relatively thin to begin with....

Nice work buddy! Wish you all the best. Keep on crushin

decided to be risky and invested my emergency roll in the market.

WEEEE!

lol are you just going for short-term investments? I can't imagine your going to keep your "emergency roll" in the market for 5+ years

Well.

My portfolio is diversified in several bond and equity sectors.

Our income far surpassed our means, and are adequately insured.

No kids, warranty on home, rental income etc

So I feel comfortable taking on some more risk

Well if there's anywhere with more results oriented thinking and ego than poker it's the stock market, so post your results here!

I don't get it.

Didn't feel like I was being egotistical

Didn't mean to imply that you were, just commenting on the general atmosphere in that circle (and poker's).

it wasn't a dig at you, but an accurate comment about most people messing around in the stock market

Ah

Sorry for hasty conclusion

Portfolio up 2% in 3 days.

I think this is a sustainable return

Nice! I can see your $200.00 portfolio doing just that!

Good job deadfish, this is 100% due to your skill at picking stocks.

Checking stocks daily and computing RoR is a great way to do it

I bought 25k of GPRO at $25 thinking all the bad news was baked in. Market has been hammering the stock last 2-3 months so it looks like I'll be holding initials a spike.

Just bad luck if your stock falls.

Somewhat related: I have a friend in China who decided that gopro was the next innovation in porn, so he's purchased 20 or so domain names that are "gopro(insert sexual act or position)"

I pointed out some of the more obvious logic fails and we had a good lol.

gg, I'm now buying every domain name related to that

Really?! I mean really?!!

Have you ever heard of not investing more than 3-5% of your portfolio in 1 stock? Preferably 2%? Aren't you the guy in his mid 20s thinkin' about quitin' your job & goin' pro?

If you are, and you have 625k to toy around with, congratz!!! on 'livin' it large'!

Looks like he already did gopro.

I read it the same way at first and was considering similar responses. Assuming it's $25000 in Stock, not 25000 shares.

If we're talkin' about GPRO [GoPro, Inc.] listed on NASDAQ, the lowest it's been in the last year is $18.86.

Yah I meant total $ investment, not # of shares. So it's 1000 shares.

You are right about diversification ZuneIt, but I'm going for home runs right now (not recommended). Sitting on a paper loss at the moment so I'll hold until 4Q earnings and reassess the position.

@Johnny - if I remember correctly from a thread awhile ago, we play at the same casino (won't post which one, not sure if you're opposed to posting where you play) & I am curious about your opinion as far as winrates and moving from 1/2 to 2/5 and when you decided to make the switch.

I had played poker for fun with friends throughout college, but just started taking the game very seriously this June after I graduated - I was able to log a lot of hours this summer before I started work, get to play significantly less now.

I have been having great results at 1/2 so far - near the end of the summer i decided to take a few shots at 2/5 at got crushed due to a combination of bad play and bad luck and some intimidation in moving up in stakes.

My stats since June 2015:

1/2: 357 hours (54 sessions), +$12,611 ($35.32/hour)
2/5: 27 hours (4 sessions), -$3,583 (-$132.67/hour)

Poker Earnings/Bankroll: $11,571 (includes online)

I also have a good full-time job, living at home with minimal expenses for now, and lucky to have a significant life roll for someone my age - but I keep my poker roll separated.

So I'm curious after how many hours/what bankroll size/what level of profit did you book at 1/2 to decide to move onto primarily playing 2/5 and how the switch has gone for you so far.

I have also considered moving to 1/3, but there always seems to be a list/not many tables and my logic has been that you miss out on a lot of the huge huge fish that only play 1/2. I have only played the 1/3 game once - ran really bad and lost like 7/800 (I think this is just included in my 1/2 stats as I switched over to 1/2 that session) and haven't tried it again.

My original plan was to play 1/2 until I booked 20K in profit, and then try and transition to playing 2/5 full-time, but was curious how you did it.

If you have a full time job and a significant life roll outside of your poker roll, why bother waiting until 20k? Just move when you are good enough to be more profitable than at 1/2.

I guess I was just trying to figure out what a good sample size/win rate is to tell you're ready to move up or take a shot since I've only been playing live seriously since June; so I was curious how Johnny had been doing at the 1/2 tables and for how big of a sample in the same casino before he moved up to compare.