Thanks for all of the replies, was very helpful reading them!
This is my main source of income along with poker, but I think the idea of just closing the computer and doing something else is something I should force myself to do. It prob sounds silly, but I find it really easy to close down my poker tables and quit when I know i'm on the verge of tilting/ not playing 100% because I know it won't be worth my while carrying on. With AP'ing though I always think that +ev is +ev so I just carry on and find it harder to stop. Its the same with losses. I used to quite often go on a several week run of losing a lot of money at poker, but when I looked back over the hands I played, if I played them correctly I would just move on and not think about the money.
Eoin I see what you mean, and as some of you know in December I lost a lot of money, and was thinking of knocking it all on the head then. But after talking with the girlfriend and family I decided to give it one last chance and since then I have been working ridiculous hours to build my bankroll up in to something useable.
My staking % is deffo ok, am prob being over-cautious with it at the moment. I was hoping to increase my stakes at the start of Feb but have changed my mind about this now
Thanks again for all the replies!
Take a week off mate, that's my advice.
Re: Wikileaks- In a free society, we are supposed to know the truth. In a society where truth becomes treason, we are in big trouble. - Ron Paul
Stop being a pussy and bet full Kelly
I think you might want to get your head out of the game completely to allow yourself some perspective. Is there anything like a hobby etc that you have been meaning to do for a while? Maybe doing that and immersing yourself in it might allow you to get things into perspective?
"Pay no attention to what the critics say. No statue has ever been erected to a critic."
I can recommend [ame="http://www.amazon.co.uk/Zen-Art-Poker-Larry-Phillips/dp/0452281261/"]Zen and the Art of Poker[/ame], which may help you take a more chilled view to variance.
Hookers and blow?
Originally Posted by joeyboyuk
I looked into this years ago after realising I didn't feel much pleasure from winning £100 but much more "pain" at losing say £20. Google asymmetric loss aversion for further reading but it's intriguing. In a nutshell it means you feel the losses much, much more than you feel the wins. As above, a sense of perspective is vital.
Just treat good runs and bad runs, as the same. Whatever you play, play with absolutely no emotion. And never play without +ev.
Its not fun, its not a hobby. Its a job, and a well paid one at that
Discipline, ABOVE ALL ELSE, will ensure long tern success
Pretty much what I would say.
Originally Posted by wobbler
Been there, done that. It hurts
If you feel you are going on tilt, don't just turn off for an hour or so, turn off for a few days. If you can afford it and it is feasable jump in the car and go somewhere for a few days.
Everybody has a losing streak. Nothing you can do about it. Sometimes the sporting gods are just not with you. Think of this another way. How many times have you been on a winning streak?
Man up, take the rough with the smooth and realise when things are going bad. If you do see things going bad, then do something about it. Turn off and do something else and come back without the red mist.
As you have said, you have made a good profit for the week. Instead of being down about how much you have lost, be thankful for what you have gained.
After a bad run I tend to look for more offers and keep going, preferably sports ones where I can lock in the profit. Although not having played poker for about 18-24 months I never put myself in a situation where I can lose a few thousand in a day. Or in the case of casino bonuses I reduce my stake so that a probable loss/gain is at a rate I can stomach.
What were these 16/17 bets + bonuses on? Poker, casino, sports mugging?
I advise time off. Don't have a 'back to work day'. Just come back to it when you feel you're ready. Make other plans.
It's not that bad, unless you lose your jacket.