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-   -   Do you treat yourself after a good month? I do. (http://archives2.twoplustwo.com/showthread.php?t=384082)

captZEEbo1 11-23-2005 06:32 PM

Re: Do you treat yourself after a good month? I do.
 
http://www.notedpokerauthority.com/a...s/article5.htm

[ QUOTE ]
Dealing With a Good Month

The month is over. You’ve paid all your expenses and deposited $500 into your savings. But you ran great and have an extra $1,400 left over. What should you do with it? Absolutely nothing. That’s because it’s not yours at all; it belongs to your bankroll. This is the part that destroys tons of pro careers, so pay attention. They take the extra $1,400 and figure, “Hey, this is free money. I can buy toys with it.” They buy plasma TVs and drum sets and new cars.

Unfortunately, it’s not free money at all; it’s insurance against a bad month. Normal jobs receive even payments from month to month. If you had a normal job, you might make your $3,000 each month, spend $2,300 of it on your nut, save $500, and spend $200 on extras.

As a poker player, you get paid in fits and spurts instead. Some months you’ll win $5,000 and others you’ll win only $1,000. But you make $3,000 a month on average, and you’d better still have the $2,000 extra you made during the $5,000 month when the $1,000 one rolls around.

Extra money you make beyond your budgeted expenses and monthly savings deposit belongs to your bankroll. It belongs in liquid form, uninvested and unspent. If you practice this from month to month, you’ll have a great cushion against bad runs so you won’t even have to worry about them anymore. And as your skills improve and your winrate increases, your bankroll will gradually grow until it is large enough to support moving up to the next limit. Your success hinges on your self-control during good months.

[/ QUOTE ]

neorab 11-23-2005 07:28 PM

Re: Do you treat yourself after a good month? I do.
 
[ QUOTE ]
It's funny...All the idiots that spend their time complaining about how other people's posts suck.

They actually take their time to click, read, and write [censored].

Why do they waste their "own" time doing those foolish things. Isn't there something better they can do instead of whining AND posting about it?

[/ QUOTE ]
Posting a worthless post whining about worthless posts, sweet peach tree of irony.

Arnfinn Madsen 11-23-2005 07:36 PM

Re: Do you treat yourself after a good month? I do.
 
[ QUOTE ]
[ QUOTE ]
It's funny...All the idiots that spend their time complaining about how other people's posts suck.

They actually take their time to click, read, and write [censored].

Why do they waste their "own" time doing those foolish things. Isn't there something better they can do instead of whining AND posting about it?

[/ QUOTE ]
Posting a worthless post whining about worthless posts, sweet peach tree of irony.

[/ QUOTE ]

You just successful added an other layer. Good job! [img]/images/graemlins/tongue.gif[/img]

Pinky 11-23-2005 09:12 PM

Re: Do you treat yourself after a good month? I do.
 
I'm more modest. Lately, I've just been spending $7 on lunch every day (when before my streak I would try to keep it in the $4 range). I usually bring my own bottel of water when I can though. Alsom I now only get the expensive $2.30 vegetarian fed eggs.

Benoit 11-23-2005 09:19 PM

Re: Do you treat yourself after a good month? I do.
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
It's funny...All the idiots that spend their time complaining about how other people's posts suck.

They actually take their time to click, read, and write [censored].

Why do they waste their "own" time doing those foolish things. Isn't there something better they can do instead of whining AND posting about it?

[/ QUOTE ]
Posting a worthless post whining about worthless posts, sweet peach tree of irony.

[/ QUOTE ]

You just successful added an other layer. Good job! [img]/images/graemlins/tongue.gif[/img]

[/ QUOTE ]

ryanghall 11-23-2005 11:00 PM

Re: Do you treat yourself after a good month? I do.
 
I don't.

I win at 3/6 NL and I still don't treat myself. I put the money in my roll and continue to move up.

When/if I beat 5/10 or 10/20 NL, I might start treating myself - by putting money down on my mortgage.

One day when that 200K is paid off. Oh, baby will I treat myself.

Ryan

Adam22 11-23-2005 11:22 PM

Re: Do you treat yourself after a good month? I do.
 
this thread was better when i called you gay

William 11-24-2005 07:57 PM

Re: Do you treat yourself after a good month? I do.
 
[ QUOTE ]
Do you have a "bad month" meal?

Kibbles n bits or something

[/ QUOTE ]

After a bad month, he probably watches the wife eating a good meal. [img]/images/graemlins/grin.gif[/img]


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