I havent been very professional lately about how i approach not only poker, but also my time in general.
Since its only 2 weeks since i started in school, i havent got a clear overview of how much time its gonna suck out of me. But so far its going great.
Poker on the other hand, feels a bit different. It almost feels like i've had a setback.
Im trading huge news events 2-5 times a week, mostly in the night, so it can be a little hard in the beginning to go to school on lesser sleep, but i have been doing great so far. So i think it is fine in the longrun to once in a while only sleep 4-5 hours.
I will start every month down around 50 BI 400-600$ for rent and stuff. And that is actually kinda new to me. So its like im playing a bit different some days.
I do have a cookie draw if i have a bad month. But it costs me everytime i withdraw from the newstrading. Not that i have done it yet, but its annoying, costly and also a true nightmare with da paperworks for withdrawals.
The fact that i have sat myself in a apartment that costs 1.1-1.5k to withhold, might sound a bit silly, when im grinding micro. But i like the challenge.
In 2 years im done with school, and im gonna decide whether i wanna read further into math, or just grind for 100% of the living. Or maybe just 80%, since i have newstrading aswell.
So why do i create this blog?
For starters i think it would be interesting to hear what you guys did when you started out beeing dependent on the grindings, and how steep you approached it.
Also, i can use it as a help in structure. To plan out things i should study each week. I think sunday is a good day for the mandatory update of plans.
It works dramatically good in school with the structure i've already learned compared to few years ago through poker. So i think i will do ok i school. Because i only have to go a few years back to remember how bad i was managing my time.
Week 1:
- Continue what i do in school, since it works for me now.
- Only selecting a few other trades than the good highvarianse ones.
- Find out how much i should increase my trading capital before i start to reduce risks a little.
Atm im risking around 7-10 % on every trade.
~8% of the trades i will lose 14-20% of my capital.
~39% i lose 7-10%
~52.5% i win 4-15%
~0.5% i win 20-80%
The reason i find it funny to put numbers on the trades, is because the numbers arent reliable. By this i mean, my life i waaay too short to have a volume on this strategy that actually confirms it.
2-5 trades each week? So if i avg 3 trades pr week, in around 20 years i will have a confirmation that what i do works. And by that time im almost dead/rotten.
- POKERVOLUME. Yes i go to school, and yes it takes time, but since i finally have gotten tableninja and other programs, there should not be an excuse for not atleast grinding 25k hands. Some days i cant grind, so the main volume (at least 75%) should be made in weekends.
