Started with a $1/$2nl challenge, now we're here. - Page 445 - Poker Blogs and Goals -- Two Plus Two Poker Forums

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Started with a $1/$2nl challenge, now we're here.

View Poll Results: SO WHAT DO YOU THINK IS A REALISTIC ANNUAL EARNING OF AN "A" PLAYER GRINDING $1/$2NLHE?

LESS THAN $22K

397 12.71%

$22K TO $28K

456 14.60%

$28K TO $34K

507 16.23%

$34K TO $40K

531 17.00%

$40K TO $46K

298 9.54%

MORE THAN $46K

934 29.91%

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09-01-2020 , 01:15 AM

#11101

navyvol1998

centurion

Join Date: Aug 2014 Posts: 110

How did you lose money in one of the best market months ever?

Quote

09-01-2020 , 04:49 AM

#11102

18000rpm

old hand

Join Date: Sep 2006 Posts: 1,430

Quote:

Originally Posted by StructureK

Bad timing on NIO... if you only could have held out a bit longer

Many of us here told him not to buy on margin.

He could have been a millionaire many times over and living the #retiredlife.

Quote

09-01-2020 , 09:06 AM

#11103

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

Quote:

Originally Posted by navyvol1998

How did you lose money in one of the best market months ever?

My biggest holdings didn’t hv a gd month.
SUNW down 45% last month
IDEX down 15% last month.

Quote

09-01-2020 , 09:08 AM

#11104

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

What’s ur read?
Bagz in the warehouse? Let’s find out!

Quote

09-01-2020 , 11:05 AM

#11105

Mr Spyutastic

Carpal \'Tunnel

Join Date: May 2012 Posts: 15,531

Quote:

Originally Posted by navyvol1998

How did you lose money in one of the best market months ever?

Exactly what I was thinking. But when you have your money parked in random things just holding and hoping I guess you can't be surprised. He did say he has no strategy.

Quote

09-01-2020 , 06:54 PM

#11106

meshanti

old hand

Join Date: Jul 2006 Posts: 1,895

Quote:

Originally Posted by navyvol1998

How did you lose money in one of the best market months ever?

Let me third this. Just pure incompetence.

Quote

09-02-2020 , 12:35 AM

#11107

navyvol1998

centurion

Join Date: Aug 2014 Posts: 110

Really not trying to rub anything in. I respect your grind. But to put things into perspective I made your 50k goal just in the month of August in the market. Absolutely not sustainable and I get that..

Quote

09-02-2020 , 12:38 AM

#11108

bahbahmickey

Carpal \'Tunnel

Join Date: Mar 2011 Posts: 15,606

Navy, that isn’t a fair comparison since I assume you started the month with more than 30k like bs did.

Quote

09-02-2020 , 12:42 AM

#11109

navyvol1998

centurion

Join Date: Aug 2014 Posts: 110

Quote:

Originally Posted by bahbahmickey

Navy, that isn’t a fair comparison since I assume you started the month with more than 30k like bs did.

Your assumption is correct. However, the point is that he lost money in a tremendous market month. Might be a good time to re-evaluate strategies.

Quote

09-02-2020 , 12:55 AM

#11110

bahbahmickey

Carpal \'Tunnel

Join Date: Mar 2011 Posts: 15,606

Quote:

Originally Posted by navyvol1998

Your assumption is correct. However, the point is that he lost money in a tremendous market month. Might be a good time to re-evaluate strategies.

In before “when you swing for the fences sometimes you strike out”.

LOL at thinking BS will re-evaluate a strategy he already committed to.

Quote

09-02-2020 , 01:02 AM

#11111

Mr Spyutastic

Carpal \'Tunnel

Join Date: May 2012 Posts: 15,531

Well to be fair that strategy was having no strategy.

But yeah if you're losing money in one of the greatest bull runs in history idk maybe try to change. I like how he called it a bear market though when everything is basically at ATH.

Quote

09-02-2020 , 05:39 AM

#11112

SimpleRick

banned

Join Date: Aug 2018 Posts: 4,660

BS did you invest heavily in newspapers or something? Betting on print media to make a comeback? Invest in VR or electric cars or some other kind of future technology. Go back in time to when Netflix was just DVDs by mail but they were called NETFLIX for a reason. Invest in that 15 years ago.

Quote

09-02-2020 , 09:56 AM

#11113

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

Quote:

Originally Posted by SimpleRick

What r u talking bout?
My biggest investments are the future!
IDEX, SUNF, UBER, ARLO, LYFT

Quote

09-02-2020 , 09:58 AM

#11114

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

Quote:

Originally Posted by navyvol1998

Your assumption is correct. However, the point is that he lost money in a tremendous market month. Might be a good time to re-evaluate strategies.

Only because by biggest holdings didn’t do great last month.
Overall tho, those holdings have doubled already for me. They are actually the most well performed stocks I own. Sorry they had a bad month.

Quote

09-02-2020 , 11:50 AM

#11115

Masq

Carpal \'Tunnel

Join Date: Oct 2008 Posts: 15,086

Invest in Smith and Wesson.

Quote

09-02-2020 , 01:06 PM

#11116

Masq

Carpal \'Tunnel

Join Date: Oct 2008 Posts: 15,086

Quote:

Originally Posted by Masq

Invest in Smith and Wesson.

Nvidia's also been on fire for the last decade.

Quote

09-03-2020 , 08:42 AM

#11117

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

Thinking bout selling one of my vehicles to catch up on this goal. I don’t think I need 2. I was using my beater Truck Dakota for work and Rover for family.
My thinking is I can just use the Rover for everything and sell truck for 3k.
That wd get me close to #50kl2020 pace. I wd then throw all that money in RH.
Now down the home stretch w this challenge, we gotta start making moves. #moneymoves

Quote

09-03-2020 , 09:17 AM

#11118

Masq

Carpal \'Tunnel

Join Date: Oct 2008 Posts: 15,086

You could sell a kidney and make your goal.

Quote

09-03-2020 , 08:51 PM

#11119

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

Yeah we gonna sell the truck. It’s actually a Ranger not a Dakato lol. Use to hv Dakota and had a brain fart earlier. Blame it on the kush.

Listed for $3100, but wd take $2750.

Drove for rideshare 3 days this week.
Next 2 weeks will be full of #OSC projects.

Need market to shoot me up to have a legitimate shot at this goal. We’re already trying to make moves to give it our best effort.

Quote

09-03-2020 , 11:15 PM

#11120

Hellmuth was right

Pooh-Bah

Join Date: Aug 2016 Posts: 5,821

What was the damage in the market today?

Quote

09-04-2020 , 09:58 AM

#11121

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

Quote:

Originally Posted by Hellmuth was right

What was the damage in the market today?

$1500 roughly. Goin backwards, but sticking w the strategy of buying more and avg down.
We not selling!

Quote

09-04-2020 , 03:19 PM

#11122

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

Had a person come by and look and the truck. They said, “based on AC not working, we gonna pass.”

Now my Air Conditioning in my Ranger is like dropping acid. In the sense of, not knowing when it’s gonna kick in.

Potential Buyer number 2 coming in 1 hour.

Quote

09-05-2020 , 04:30 PM

#11123

ButterflySymmetry

Pooh-Bah

Join Date: Dec 2012 Posts: 5,221

Potential buyer #2 had a change of heart. No show.
We will wait patiently.
No hurry atm.

Played 3 Ts last night. Chopped all 3. Soft home game line up. We can still do it!
+$360ish overall.