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-   -   Is this what u all mean by variance? (http://archives2.twoplustwo.com/showthread.php?t=255841)

LesJ 05-20-2005 08:23 AM

Is this what u all mean by variance?
 
Up thru my first two games yesterday, I was on a run in which I had placed ITM an incredible 14 out of 18 times (20+2, PP). I was on a roll. And then. . .BAM!!!!! I hit a streak of 12 in a row OOTM, which included 5 4ths, and 3 5ths. I was thrilled to end the night with a 3rd and head off to bed to start fresh today. My ROI WTD is still a respectable 20.5% even after the horrid day.
What is the best way to shake my rememberances of yesterday and move forward with a good day today?
Thanks,
Les

lorinda 05-20-2005 08:45 AM

Re: Is this what u all mean by variance?
 
What is the best way to shake my rememberances of yesterday and move forward with a good day today?

14/30 ITM, pretty good.

Remember that [img]/images/graemlins/wink.gif[/img]

Edit: 15/31 in fact.

Lori

LesJ 05-20-2005 12:54 PM

Re: Is this what u all mean by variance?
 
Thanks for the positive re-inforcement, Lori. With the smal sample size so far this week, I looked at all the numbers and realized I was just ONE win lower than my "goal" ITM % of 42.5% (obviously I lost a little before the nice ITM run of 14/18). I started off today with a first, so all is well!
Later,
Les

Bluff Daddy 05-20-2005 06:15 PM

Re: Is this what u all mean by variance?
 
your goal roi is 42.5?

Degen 05-20-2005 06:18 PM

Re: Is this what u all mean by variance?
 
ROI WTD=Week to date?

Your week to date ROI means nothing. I think people who stare at their ROI after each set are insane.

Andre

citanul 05-20-2005 06:24 PM

Re: Is this what u all mean by variance?
 
it may or may not be, but he said that his goal ITM was whatever, not his goal ROI. to my knowledge, something around 35-40% ROI at the 20s is a very reasonable goal. i may be out of touch though.

citanul

curtains 05-20-2005 06:40 PM

Re: Is this what u all mean by variance?
 

I don't think 35-40% ROI at the $22s is a reasonable goal in the longrun, but I could be wrong.

citanul 05-20-2005 06:59 PM

Re: Is this what u all mean by variance?
 
boo. oh well. i can't really talk about personal experience at the 22s, so i was just going on feel [img]/images/graemlins/smile.gif[/img]

citanul

TheNoodleMan 05-20-2005 07:04 PM

Re: Is this what u all mean by variance?
 
[ QUOTE ]
... to my knowledge, something around 35-40% ROI at the 20s is a very reasonable goal. i may be out of touch though.

citanul

[/ QUOTE ]
perfectly reasonable, IMO

LesJ 05-20-2005 08:00 PM

Re: Is this what u all mean by variance?
 
I guess I didn't make it clear. My goal was ITM at or above 42.5%. If I can acheive that, I believe ROI will virtually take care of itself. Obviously, 42.5% ITM with all 3rd places would not be very profitable (just the opposite), but I would assume a fairly equal distrubution of 1sts, 2nds, and 3rds. Maybe my stats by the time I get over a thousand of these in will show me some other trend.
Thanks,
Les


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