(First of all if you are lazy reader, I don’t think you can help me. Please be serious and don't post something that has no purpose and can't help me to solve problems I deal with)
Hi guys,
I decided to create this topic and talk about my problems because I am looking for some advices from You. I need to recover and change my mindset. Most of you will think I am another usual guy who is crying in forum after tilting and losing money. But I need to discus it in some way. So I wrote here facts, my thinking and decisions during 10 month I have been playing poker. (Sorry for grammar mistakes. )
-I started with $50 capital on Full Tilt and played 1-2 tables of $1.1-$2.25 9man S&G.I learned S&G basics from pokerstrategy.com and Collin Moshman’s book "Sit N Go Strategy".
-It took me about 2 month to build up my bankroll to $100.
-Depending on time I have been playing and small profit I decided to start playing $1.10-$2.25 27man S&Gs. I was looking for way to make more money. I red all 3 Harrington's books about tournament play (which helped become better in hand reading ), few Phil Gordon's books and few others.
-After about 2 month my bankroll went up to about $200.
- I started playing cash micro stakes. When I saw that 1-2, 2-5 cents so fishy (people don’t respect my raises/reraises) I moved up to 5/10 cents. In two days I lost $100. It was a first big downswing.
- I made one week brake. After that I played 1-2tables $2.20 27man S&Gs but still looked for more profit and with $150 bankroll started playing $5.50 27man S&G. I wasn’t experienced in that limits. So shortly, downswing to $50 and then up to $200 at the end of the summer.
-Again made a small brake away from poker. In Autumn I played randomly: $2.20 and $5.50 buy in 27-45man S&G. Bank roll became $250- the biggest I have ever had. I was thinking what to do next
-During holydays I played in some live tournaments (50-180 people). It was very interesting when people talked how they make money playing online in limits like $10 or higher. I looked at my friend who plays poker one and half a year won enough money and bought a car. I thought, well it is about 8-9 month I have been playing poker, so I can do something like that, too.
-And then $10 dollars buy in tournaments journey begins with the end you probably can guess and be right. I ned about 10 tables to understand what are differences between $5+50 and $10+1 buy in MTT. Later I cashed in some and I still was in positive thinking about my play. But in all last tournaments I lost most of coin flips (for example AK vs AJ and other better aces against lower aces most of the time) and even with premium pairs against lower pairs. I don’t blame the fate. It is variance and even 1% can win against 99% sometimes.
-Another brake-maybe 2 weeks away from online poker. And started again.
-I made $50 on Full Tilt. And my idea was: I am quite experienced in low limits if I had done it before I will done it again. I started multitabling $1.10 9man SnG (4 tables at time) after 1st day (20 tables session) my bankroll was $62. During other 2days I played about 20 tables but still had about $60. I moved to $2.20. Lost half bankroll (reasons: a lot bad luck –premium hands were crushed by fishy, silly hands and probably I was playing bad as chip leader in the bubble).I tilted and lost last money.
Now I want start again. I am in question what to do different and how to improve my mindset. I know that my mistakes were bankroll management, maybe bad understanding and dealing with variance.
I am not sad on money. I lost I am sad when thinking about time which I invest to play and minimum profit. Theory and practice improved my game in live tournaments, so I can play much more better and I am having profit from poker literature or video, but it makes me angry when in low limits people play BINGO but nor poker. I think that you need minimum knowledge against such as people. Fishes...You will tell me that from them we gain money. It's true no fishes=no money, but I think that we also loose money when there are too many fishes at the table. Please don’t laugh; it’s my attitude at the moment. Maybe in future I’ll change it if I find way how to deal with all of them.
So now, if possible, can you tell me:
The way how to start again? What limits and maybe even site (Maybe pokerstars-more intermediate limits)?
How to deal with bingo play (as I call) in low limits?
I think that I need to improve my mindset. What articles, videos, books, can you recommend? Is it good to leave poker theory books aside and read about mindset in my situation?
And there is my main problem. I feel bad when think about time I spent playing poker and my profit. What to do with this?
Thankyou