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Old 10-01-2005, 09:42 AM
BoxTree BoxTree is offline
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Join Date: Jan 2005
Posts: 323
Default Re: Long, Painful, and Seemingly Endless

[ QUOTE ]
1. Take some time off or if you want to play
2. lower your play limit
3. set up a losing limit for a session
4. Accumulate little victories to re-build your confidence (e.g., in 15/30 level, your session goal can be set as a $200 winning or even less, you can achieve it at very beginning of the session, and then you quit from the session right away).

Confidence is very very important to poker, if you lose it, you must to find it back. Good luck.

[/ QUOTE ]

1 and 2 are excellent.

3 is fine as long as your lower limit isn't obscenely low. (50 BB seems to be a pretty standard losing limit for live play. It may also be the right number for an online player who is trying to rediscover his game.)

4 is absolutely terrible. This is textbook, "Very Silly Topic of Money Management." Don't do it. Never set an upper limit. Ever. But if -- in one session -- you win, win, win, win, and then lose it all and another 50 BB, stop playing for that session.

Even in the rebuilding phase, I do not believe there is significant value in leaving a winner just for the sake of leaving as a winner. The psychological benefit gained here will not be offset by the psychological pain of the inevitable downswings.

Just my two cents.
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