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 Originally Posted by MasonGamble
ah, ok, i can see where you are getting confused then... let me lay it out in as much detail as i can....
Ok. soo.. I am following bankroll management, except for about HALF the required BB's I have read on here. Had I deposited $50 I guess it would have mathmatically worked out better, but with $10 I started at playing .01/.02. When I got to $50 I moved up to .05/.10 When I hit $100 I moved up to .10/.25... This is where I've been pretty much at home and have been doing most of my playing...I have not redeposited any money... If I go completely tilt then my plan is busted and ohwell. However, I'm trying very hard to not let that happen. Now cause of my horrible night I will be moving back down to .05/.10 for a little bit.
My MAIN goal here is to turn $10 into $1000 by June... I will do this.. and if I keep track on here I will be more likely to accomplish it
The highlighted part is not bankroll management , its bankroll suicide. Moving up with 4 BUyins is sheer craziness. Last night showed how variance will wipe out that few buyins in no time at all. That is the whole point of having 20+ buyins for your new level before moving up, it gives you a cushion before variance means you have to move down. The stop losss means that you move down before wiping out most of your bankroll.
The more aggressive you get with your move ups ,the more aggressive you have to be with move downs . and more likely to go bust.
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