Re: Emotional competence
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I know exactly what you are talking about. Thats why I take a slightly different approach then most on here. I play to maximize my ROI. So i want the most out of every dollar I buy in for. I would rather spend an additional 5 minutes trying to make the money, than to just push and say, either i hit it and keep playing or i miss and fire up a new one. that approach may maximize your $$/hr, but it still leaves me feeling like i could have done more.
What I have found for myself is that the stats are great barometers of your play, but the only one i truly care about is winning sessions. I let the software track my ITM%, ROI, etc, but i keep an excel spreadsheet that i track all deposits, withdrawals, and my overall +/-. so, at the end of the day, i put my final bankroll into my spreadsheet and it calculates my daily win/loss. i find my satisfaction knowing i was + for the day. it is not unusual for me to have 10-15 winning days in a row. rarely do i lose 2 and almost never 3 days in a row. My cut off for the day is when i am happy with my return. lets say i set the goal for 25 sngs for the day, but after your 5th set of 4, lets say you are up 4 buy ins...i would forego the final 5 and ensure myself a winning day. document it and crack myself a beer as a reward for another positive day.
sounds like we have similar hang ups in our thinking, and i may get flamed for being too results oriented, but you gotta do what works for you. coming from a similarly minded person, i make my cut off for the day a positive one! and, if it truly doesnt matter when you stop for the day (according to everyone on here) why not make yourself happy and cut yourself off when you are up? it doesnt matter in the long run if you play the final 5 of your goal today or tomorrow...as long as you play em.
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I think this is, in general, poor advice. Basing goals in terms of $ won on a day to day basis is just asking to go on tilt.
I like the advice of reviewing your hand histories after tough sessions; seeing spots where you made a +ev play but got sucked out, etc, can help to ease ones mind. and if you notice things you can do differently or focus on, that too is going to help your roi and help you regain confidence.
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