Goals

So that last post I wrote up a few days ago and posted on pokerblog.com.. apparently I misunderstood the point of that site and it spent two or three days waiting in the queue or some shit so I opened this account and cut and paste that entry here..

So while Im waiting for a table on pokerstars I would like to lay out my objectives.

Im currently working on two seperate but completely related goals right now in limit hold'em. The first is live play. I took $100 of my own money and hit the 2/4 tables at Foxwoods. My first session yielded $85 after tipping the dealer. After that session I took the $100 and put it back in my bank account and have only played with won money since then. I decided to take advantage of the poker analyst on cardplayer.com as was recommended in an article I read in the same publication. I had already started logging my live sessions in a notebook I use to write down important things I read or pick up about poker so it was easy to transfer them. Currently I have 27.5 hours logged of live play over 5 sessions. Ive built the bankroll up to $371 averaging $13.49 an hour or 3.37 BB an hour. I plan at playing at 2/4 until i get around $1500 to move up to 4/8 live.. I may try it at $1200 which is technically a little early for bankroll requirements (based on a 200xBB roll) but I may give it a whirl early

The second project Im putting together is online. I started with $10 on pokerstars just for limit poker (I have a few hundred on bodog but I spread that between sit and goes and tournaments but I wanted one account for just limit cash games.) I decided to see if I could build a bankroll playing by strict requirements .. moving up with I get 200 BB for the next level and dropping back down when i have 200 BB for the lower level. I decided to skip the .02/.04 level and go right into .05/.10. I spent about a month at that level building up to $40.. unfortunately I never kept track of how many hours I was playing and what my results were and I will admit to playing some of these games drunk and blowing a buy in here or there and other times playing like a jackass and hitting my longshot draws and doubling up. A few days ago I just cleared the $40 and I moved up to .10/.20. Each level I find completely different play. I have to stick this one out til I get up to $100 so I think it may be a while. So far so good though.

So thats what Im currently working on and I intend to keep progress posted on both the bankrolls how I feel about how I played and possibly some hand histories. This is mostly for my own benefit and hopefully the end result will be a full documented history of my climb up the ladder literally from nothing.

Oh, something I intended on writing about is that although I am pretty comfortable financially at this point in my life I was raised very very poor. As a result I never asked for anything and never was comfortable spending money. This has been one of the bigger obstacles Ive had to overcome which is probably why Im sticking to strict bankroll requirements for moving up and down and why I dont play with my own money. I honestly don't understand the people who use their own money through the learning curve.. I cant see spending $2k and jumping right into the $5/$10 game and being someones fish.