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 Originally Posted by Keith_MM
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.
You're right, and this is the mistake I made last night... I got to aggressive and learned a lesson. So I won't let it happen again.
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