Quote:
Originally Posted by Masq
What are you going to do differently this time to get around the fear of losing money?
Your graph should give you confidence. What sort of BRM are you using?
This time is slightly different as I have nothing to lose. Few years ago I had to pay back a lot of money when I quarrel with my associates and left the company. For about 10 years in total I was facing constant fear and stress - letters from court, phones from debt collectors and so on. I was so destroyed that I took personally every bad beat. I blamed variance, God, fate for my failures.
Now, when I am a 'free' man, I am ready to build up my bankroll and check if PKR is for me. Jacek Walkiewicz in his book "Pełna moc możliwości." (~Full power of possibilities) wrote the sentence that change my way of thinking for good.
"Every time when you face fear of sth, ask yourself what is the worst that can happen."
So when I am taking shots I am asking myself the same. What is the worst? I will lose part of my bankroll. And then? I will grind my way back at the lower stakes and take another shot. And so on. I am using this 'strategy' on daily basis, not only in terms of poker.
Regarding bankroll I am taking shots when I have at least 1 BI above 100 BI from lower lvl, e.g. when I have $55 in my cashier I play 5-6 $1 45s or 3-4 $1.5 45s and all the rest $0.5 45-180s. It's temporary solution as I would like to start adding some micro MTTs to my schedule soon. Ultimately, I want to have 300 BI for particular stakes.
Currently I am playing $0.5 and $1.5 45s. I would love to climb to $2.5 180s or $3.5 45s witihin week or two.
From the beginning: