More Profitable ?

[JDMcNugent7]

Maybe this is a dumb idea, but I'll let u guys decide...

I was thinking of trying a new strategy out - where I try to make $1,000. per day, and once I make it be done with poker for the day. Also If, I lose $1,000 I'd be done for the day.

I think using this method I could make the $1k, 25/30 tries, which would be about $20k a month. Ya I made more than that in one day - but this way would be so consistent and alos allow me to spend alot less time playing poker.

I think this is a kinda weak way to play poker and maybe I'm only thinking of this idea b/c i've been suddenly running horrible and losing the last few days.

Tell me why this idea is so dumb / or why it's a good one.

[PShabi]

It's dumb because good players, SUCH AS YOURSLEF, should realize "it's all one big session."

Have the discipline to stay at the juicy tables and take them for every penny. Have the discipline to leave when you have unfavorable conditions, instead of trying to fight and scratch back to even against "the guy you can't beat." Have the discipline to leave the table when you start to tilt/get tired/lose concentration.

Don't define your poker in the short term JD! That's donkey talk!

[GTDawg]

I think you are being too results oriented and just going to start focusing on that plateau. And, it might start to affect your play late in one sitting.

Why not just set aside a few hours each day and practice playing the best poker you can? After that predetermined amount of time, you get up and walk away and go do other things.

I just don't know how good it would be to set a fixed dollar amount on your poker success for each day.

[JPSmiley]

A major problem i see with that is you talk about being in pots that are 10k+ so i dont see how you could limit your losses to only 1k if you happened to lose a 10k pot (costing yourself probably 5k). Also, when you hit a session full of fish i dont think you should leave because you have made 1k. If anything only limit yourself to losses (like if you lose 5k or something in a few bad suckouts), dont limit your winnings.

[PShabi]

Exactly.

You play more hands, for longer periods of time, on your shitty days; then you quit on your best days, sometimes 15 minutes into a session?

You will not win nearly as much money in a year's time.

[MAYHEM45]

Im not gonna say anything that hasnt already been said, but Shabi's advice is gold.

You will hate yourself when you are sitting there for 8 hours stuck 900 bucks.

What I do is sit down with a hands played total in my head, usually 500 or 1000 hands, and just play that per day. If I ever feel like quitting, I will, although I do get undisciplined at times.

I dont know who said it, but its true: If the thought of quitting enters your head, you've already quit.

[PShabi]

Good post Mayhem.

Let me just add the disclaimer that I'm not perfectly disciplined. I'm well-disciplined, but not perfect. I may give good advice, but that doesn't necessarily mean I'm able to follow it 100% of the time.

[Talking Poker]

I don't really have anything to add. Nice responses, guys.

[fluxer]

by Daniel Negreanu

[JDMcNugent7]

Awesome responses guys, I knew it was pretty dumb idea, but I didnt know the exact reasons - now I do and the whole mindset of it all being One Big Session really actually helped me tonight - having proper mindset and discipline are HUGE in poker.

[Aequitas58]

Let's put it in perspective ...

You won $24k in one day, but now you've been running bad. How much are you down over the last few days? 5-10k?