Moving Up Stakes, 2015 and beyond - Page 168 - Poker Blogs and Goals -- Two Plus Two Poker Forums

Basically yes I am new to the thread.

I started typing out a reply but realised I'm no one and you should probably think as a standard to ignore me, I'm also worried I am needlessly ignoring your very good thread. If you would like me to PM you why I think you are still wrong let me know.

Also I very much like reading your thread.

08-05-2018 , 08:05 PM

#4178

Brokenstars

Verified Coach NLHE

Join Date: Jul 2012 Posts: 16,235

Post it here if you want. You're not the only one.

08-06-2018 , 06:18 AM

#4179

Scott7x

adept

Join Date: Oct 2016 Posts: 1,186

your ****ing crazy man. were you streaming during those hands? I wanna watch that session lol

08-06-2018 , 06:20 AM

#4180

Brokenstars

Verified Coach NLHE

Join Date: Jul 2012 Posts: 16,235

Nope

08-06-2018 , 08:51 AM

#4181

Strappz

grinder

Join Date: Mar 2017 Posts: 656

Quote:

Originally Posted by Brokenstars

Are you new to thread?

Cliffs

- I'm 25 and have a bachelor's in materials engineering/ minor in biomedical engineering
- I worked in a position making ~60k/yr for 2 yrs
- I live with my now fiance (she works full time and can cover all our expenses)
- I hated my job so much I decided to quit abruptly and jus try poker/maybe look for a job
- First month as a "poker pro" made >$20k -- not really concerned with looking for a job now
- I have a lot of money saved
- Don't really plan on looking for a job atm ... will reevaluate at end of year

I said a long time ago in this thread I would never consider playing poker full time unless I had a 10k month. First 10k month was over 2 years ago now and my first month I legit got poker volume I made over $20k. I still don't want to play poker as a living forever, but for the short term (6month - 24month) it seems OK with the current info I have.

I'm sure it has crossed your mind but have you considered using your poker income to fund a future venture that would keep you out of the rat race for good? Maybe some other form of investing?

I myself have zero interest in playing poker professionally but if I get to the point where I'm earning 5 figures consistently per month I would use it for exactly that purpose.

08-06-2018 , 09:09 AM

#4182

Brokenstars

Verified Coach NLHE

Join Date: Jul 2012 Posts: 16,235

Most of my extra funds are in investments yeah

I have ~50k in investments

I also have 20k in debt though, but my interest on that is <5% now

08-06-2018 , 09:26 AM

#4183

SB12

adept

Join Date: Jun 2016 Posts: 838

Should just pay off that 20k, That is just a few BrokenStars run good sessions away

Keep up the good work though, the stream has been awesome to watch lately and never disappoints.

08-06-2018 , 09:51 AM

#4184

Brokenstars

Verified Coach NLHE

Join Date: Jul 2012 Posts: 16,235

The debt is just student loans. I've paid all the highest interest ones and make monthly payments on it now.

08-06-2018 , 10:35 AM

#4185

TheTyman9

Pooh-Bah

Join Date: Mar 2007 Posts: 4,672

At <5% def higher ev to do what broken is doing, although understandable that some people choose to pass up a little ev because they feel more comfortable with no debt.

08-07-2018 , 07:25 AM

#4186

Brokenstars

Verified Coach NLHE

Join Date: Jul 2012 Posts: 16,235

Here is an update for the year

$$

08-07-2018 , 07:33 AM

#4187

skuzlad

grinder

Join Date: Oct 2014 Posts: 596

Solid results! Keep up the good work

08-07-2018 , 09:37 AM

#4188

z0mgtiltz

Carpal \'Tunnel

Join Date: Mar 2009 Posts: 10,944

Boom, what a beast

Edit: Wait a sec, <300k hands? Come on man....

08-07-2018 , 10:05 AM

#4189

Brokenstars

Verified Coach NLHE

Join Date: Jul 2012 Posts: 16,235

Quote:

Originally Posted by z0mgtiltz

Boom, what a beast

Edit: Wait a sec, <300k hands? Come on man....

Yeah, I need to play more. I have enjoyed my time off though for sure.

In about a week my fiance will be gone for a week and I'm going to shoot for about 8 hrs/day for a week.

08-07-2018 , 10:13 AM

#4190

SB12

adept

Join Date: Jun 2016 Posts: 838

Very nice graph, however I could easily see 100k year if you put in the hours. Going to hopefully see you streaming when the fiance is gone next week.

08-07-2018 , 10:26 AM

#4191

Brokenstars

Verified Coach NLHE

Join Date: Jul 2012 Posts: 16,235

Quote:

Originally Posted by SB12

Very nice graph, however I could easily see 100k year if you put in the hours. Going to hopefully see you streaming when the fiance is gone next week.

Yeah, need to get more volume. I think my goal will be 50k min/month

08-07-2018 , 12:36 PM

#4192

Husker

Carpal \'Tunnel

Join Date: Feb 2007 Posts: 12,982

Nice results

08-07-2018 , 12:37 PM

#4193

BenaBadBeat

5 or a 9... 5 or a 9...

Join Date: Sep 2011 Posts: 4,744

Beast results bro! Keep up the good work

08-07-2018 , 01:37 PM

#4194

MichaelJordan23

journeyman

Join Date: Oct 2016 Posts: 217

Your 60K+ hand break-even stretch makes me feel better about my low stakes Break-ever stretch. Seriously tho, Sick results OP!

08-07-2018 , 01:51 PM

#4195

stlows

journeyman

Join Date: Apr 2016 Posts: 224

Nice graph! Keep it up !

08-07-2018 , 07:19 PM

#4196

MMSS

Pooh-Bah

Join Date: Jul 2013 Posts: 4,680

Quote:

Originally Posted by MichaelJordan23

Your 60K+ hand break-even stretch makes me feel better about my low stakes Break-ever stretch. Seriously tho, Sick results OP!

They shouldn't because you should care about winning as much as possible. Which should always result in you studying your ass off.

08-07-2018 , 07:26 PM

#4197

karamazonk

Pooh-Bah

Join Date: Apr 2009 Posts: 4,626

Any idea what your hourly has been for the year?

08-07-2018 , 08:19 PM

#4198

skuzlad

grinder

Join Date: Oct 2014 Posts: 596

Quote:

Originally Posted by MMSS

They shouldn't because you should care about winning as much as possible. Which should always result in you studying your ass off.

I think he made that comment so he could rationalise his own situation that even great players with very good winrates go through breakeven/downswing periods. I.e. gives him confidence so that he continues putting in volume.

It would be very naive to think that you never go on a downswing/break even stretch even if you are a massive crusher of the game. That is just the nature of the game that many people cannot accept.

But at the same time, you are right, if these downswings and breakeven periods extend for too long, then it is probably time to review your overall strategy and make improvements.