Climbing out of a Downswing
1. Determine if you are in a DS: Ok so first of all I like to identify what is a downswing. I usually see anything more than 20 buyins as a downswing (obviously this changes for people). Its important because it gives you an opportunity to self reflect when you hit a certain amount of - buyins. Finding the right number for your downswing is important because if the buyin limit is set too small you might change your winning strategy (mental and theoretical) too often (don't fix whats not broken). If its too high then it might take you too long to recognize you are playing poorly. For me, looking at my past results, I generally recover after 20 buyins. Therefore anything after 20 buyins sets off alarm bells.
2. Review the sessions/hands: This one is pretty obvious. If you are in a downswing (and you are a winning player) then it is either one of two things. Variance or playing poorly. So once I've decided I am in a downswing I then review my play and check whether I am playing poorly or getting screwed by variance. A lot of the times it is a combination. For example, this current downswing I am in - I played poorly on the 2nd July (my 500nl shot 2nd day -6BI), 4th (+5BI) and 5th (-4BI) of July at 200nl. I actually won buyins on the 4th despite playing really poorly. Then I took the day off on the 6th of July (because I knew I was playing poorly) to reset. However upon reset I came back on the 7th, 8th and 9th of July for around -22 buyins. These 3 days I attributed to variance (however I noticed small misplays).
3.Identify what you are doing wrong: Even if variance is the main factor, you are still generally going to play slightly worse in a downswing. I recognised that despite variance was screwing me, I was making small misplays that could potentially soften the damage.
For example:
1. Not value betting as thin as I was. When confidence is low it becomes very easy to just check back marginal spots that I would normally just value bet really thin.
2. Folding turn often. I noticed I was folding turn in marginal spots because I was probably scared of having to call off a triple with a marginal holding.
3. Overplaying flush draws. I was overplaying flush draws in spots where villain has range advantage. This one is not that bad because the equities run a lot closer but why flip against fish in spots where fold equity is low?
These are just some of the many minor misplays from the past week.
4.1 Regain Confidence This one is probably the toughest. Confidence is important as it helps with motivation and putting in volume. If my confidence is low I generally tend to fold more often.
To combat confidence (I mentioned this in my previous post) I generally look at past results to reassure myself that it will be temporary and that volume is my new favourite friend. So at the moment I am currently working off my January period. In January I went on my largest downswing which was 43 buyins in about 30k hands (image shown below).
This was my first big downswing on ignition. I think this downswing went on longer than it should have because mentally I was not really prepared for this. My previous biggest downswing was on Stars at 55 buyins but at 50nl. Since 43 buyins at 200nl is a lot bigger than 55 at 50nl, I struggled a lot.
It will be interesting to see how I cope if i do drop below 43 buyins because now I have a new anchor point.
4.2 Regain Confidence Another way to maintain confidence, particularly if you are playing at a new stake is to count everything in buyins. If you start to think about the absolute value i.e. the $$ value. Then you are probably going to go down a long dark road.
5. Mental So this one is also something pretty obvious. For those who are unfamiliar with the science behind the brain (I am no expert, I have just read a few things) a chemical known as cortisol is released when you are under immense stress. For me when I am down 10buyins in one day, I generally tend to feel quite stressed. I.e. high amounts of cortisol is released. It has been scientifically proven that cortisol severely affects the performance of decision making. Therefore it is quite obvious that this is out of your control and that no matter how drilled you are, the biology of your body is most likely going to conquer and screw you over. Once again this is obvious but to reduce the levels of cortisol you should consider:
-eating well
-exercising
-sleeping
-socialising with friends
-hobbies outside of poker
-yoga/meditation
Personally for me to reduce this I usually take a day off and try not to think about poker. Generally I will do video editing stuff, go to the gym or just go out with my friends for dinner.
6. Bankroll I probably should have made this one no.1 but make sure you always always always play within your bankroll. Knowing that you can play at the stake for like 100buyins helps with the stress/anxiety. If you are a decent player with a decent winrate and no degenerate tendencies it is very very unlikely you will burn through 100 buyins. I'm not saying that you have to play with 100, in fact I generally keep 30 buyins on my account at the minimum but try and sit at the stake you play deep so that volume can abrupt these downswings.
7. Vent A lot of people hate the bad beat stories. I am guilty of screenshotting and sending to my friends the 1 outer or the ridiculous coolers. However I think venting is good - only to yourself. Generally I try and restrain myself from sending messages to my friends so a lot of the times I write on notepad some very aggressive thoughts about the players in the pool. It helps release frustration and built up emotion.
Anyway this is a super long post. I hope a lot of this stuff helps those who are currently in a downswing themselves. It is easy to say all of this stuff so I am going to prove to everyone that it works by getting myself out of my current downswing. I am not a crusher, I am just an average or slightly average reg. My winrate is at about 5bb/100 (probably slightly less now because of this DS). So if an average reg like myself can continually get out of a DS then so should you.
I will continue to update the thread of my performance and little things I notice.
Last edited by skuzlad; 07-09-2018 at 08:48 PM.