Wednesday, April 11, 2012

Taking A Different Route

Barely remember the winnings day in February. Seems like I spend every single day in frustration. I've forgotten all about the mental game either and still experiencing massive injustice tilt. Having a winning hand and getting called down by fishes and get outdrawn with 3 outer etc. I still get frustrated with these, I think I need to re-read the mental game of poker.

It is different trading the market, market is unpredictable, you control your risk by risk management and discipline. Poker is similar in the sense that you need discipline (not like tilt and spew stacks in cash games), you need to calculate risk, pot odds, and your position and then your opponents. But there are donks (including myself?) who call you down with anything and win you, but there is no such thing in the market.

Trading the forex market for two years and slowly learning my personality. No one winning trader's strategy works for some one else with a completely different personality. No scalping in the market for me I know myself. Now I realize I am also living in the edge playing cash games.

In trading, when I lost I go tilt and I enter tons of trades trying to win it back. In cash games, I gamble pre-flop/flop on tilt. Very very dangerous.


And the next moment, I shall find my bankroll torn down like hell. And I realize my highest net winning days never exceed highest loss days. Anyway, I think cash games are not for me. So I am at the same time working my SNG from micro-stakes, one to two tabling as when there are beats, I would not lose more than the SNG buy-in and I can't simply re-register another tourney out of anger. But Heads-up SNG I can, the registration and waiting is fast, so HU-SNG another NO NO for me.

SNG does not mean it is easier, there are many difference way to play, strategies to adopt which are different from cash games. Not that it is easier for cash game, but it is a safer alternative for my personality. So I work start working from the bottom and then move up using the default bankroll management (50 buy-ins). 

Which means, I may have to give up my SilverStar status from next month. This month is halfway there. And I think I can do it. It would be a pity though, unless I am able to multi-table like the sharks in these STT SNGs. But bankroll is always more important than the VIP status, not as if I'm a supernova. Anyway, if I am able to grind lovely profits some day, VIP status wouldn't have been a problem by then. 

Enough of rantings and we'll see how it goes. Good luck guys! (Stop looking for me at the tables and win my money~)

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