Leggo Poker Every Tool You Need To Win

aejones

Stories and Adventures of an Implied Millionaire

Sep
03
2008
Another Terrible Night
Posted in Poker | View Comments (13)
 

I don't understand, I can't stop playing.

I can't really stop losing either.

I decided to play some 5-10 6m on Stars, which was a nice and comfortable change of pace. I was just going to play a few hands and then play some Madden and go to sleep.

Then, Benyamine was sitting 200-400, so I had to play. Ended up losing about 12k, but that wasn't the end of the world.

I left the computer.

When I came back, I had an itch to try out this HEM more and grind some hands at Stars 5-10 to try and get a roll back on there.

That started out kind of bad, but I made a little bit of a comeback and didn't lose more than a buy in or two. Then, I noticed a few 25-50 games running. There was a huge donk named xorbie on a few tables shorthanded, so I sat with the hopes that they would end up HU eventually. I ran really terrible and got super coolered and dropped my entire Stars roll. This is the closest, by far, that I've come to busting a poker account in probably 18 months or more. It's kind of depressing because I am at my peak of running the streets. Pretty much no one will play me, but now I'm Stars flat broke!

I've got a few hundred on FTP and the W$ to buy into the 25k HU, but I'm still kind of depressed about this. I don't know why, but thisis the second day in the row that I didn't play poker, or vowed not to play, and lost $30k. It's getting to the point where $30k almost means something to me and I need to start playing lower stakes if I want to be able to mentally handle these $200k downswings, which happen all too frequently. I think I'll play 5-10 and 10-20 nonstop until I have $100k in my Stars account.

This whole most recent debacle is also causing me to rethink school. I do school primarily because there isn't anything much else to do with myself and it keeps me motivated. I don't plan on dropping out, although it gets more and more difficult with each passing day and each second in a boring classroom.

Another awful and late night, more bad sleep, I'm completely out of whack and spiraling.

I need some September goals to save myself or something.

In September, since I started off down 60 or 75 or whatever, I'd be pretty happy just getting to +100. Very happy, in fact. With the new computer and switching to HEM and selling pieces and buying pieces, I'm devastated at how bad my records are. I know that whatever my HEM says right now, I'm probably actually down since I started playing on the desktop.

It's really amazing how ridiculous this poker thing is.

I guess it's not that big of a deal, but I probably won't take tomorrow off. Realistically, I'll just have to play better and exhibit some of the mental toughness that I talk about from time to time. Poker's hard, but it's rewarding with the income I suppose.

Also in September, I want to get about 100 put into some bonds or something. Everything I own is losing money in the stock market, and I'm more than happy making 5-6%. I'm fairly cynical when it comes to stuff like that. Since I don't have any actual real estate investments or something of the like, putting my money somewhere that it isn't actually going to decline would be pretty nice!

I think I'm also due to go to a chiropractor. I'm in pretty bad shape physically, and my back has always had at least moderate problems. I think having some kind of routine weekly with regards to that would be pretty nice. I also need to get back in the gym and actually lift a weight or two and run up and down the court and pretend like I used to play basketball or something.

Man, life's rough or something.

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Comments
09-03-2008
malfaire is offline malfaire
malfaire's Avatar
"I need some September goals to save myself or something."

First I'd focus on fundamentals -- 8 hours of sleep, eating habits, exercise. Your body is a machine and if you treat it like ****, it will give you ****. I recently had to give myself a bedtime (sad) because I was just putting myself into these crazy cycles. Get on a schedule and make sticking to that your goal. And if you make commitments to yourself, don't break them.
09-03-2008
rewket is offline rewket
5-6%.. might want to look a bit more.. my dad and most guys he used to work with have been making 9-15% in ,mutual funds+other crap i dont understand, for 15years now... and they're only the top 5% not 1%.. shouldnt be hard to find 9-10% with the amount of money you have

good luck
09-03-2008
craigthedeac is online now craigthedeac
craigthedeac's Avatar
5-6% is variance-free which he sounds like he wants given the context
09-03-2008
Apathy is offline Apathy
I love you aaron
09-03-2008
shootaa is offline shootaa
15% in mutual funds...

Aaron, don't cut yourself or anything. You probably just need to take some time off to coach me to articulate your thought processes THEN hop back in the games fresh and ready to go, riiiiiiight?

But really, swongz happen, hang in there. Something that helps a lot, at least at where I went to school, is getting a NICE sleeping set up because our mattresses would just stab you with springs unless you get 15" thick mattress pads to combat them, making for HORRIBLE sleep and making it nearly impossible to concentrate on anything.

What to expect in Market

09-03-2008
mrcjenks is offline mrcjenks
AE...
First and foremost, you should speak with a Financial Advisor, if not at least an Accountant. The fees are very reasonable and they can help lead you in the right direction.... just don't let them sell you life insurance.
Generally speaking...
First, you need to decide what your investment is meant to accomplish and how long you are are willing to let that money be unavailable.
If you may need access to your money in the next 5 years, you should stay strictly with relatively safe investments, i.e. money markets, bonds, etc., though 5% is typically pretty high for safe investments such as these. 2 - 3 % might be a little more likely.
However, if you have more than 5, really more than 10 years, you should be considering more long term and of course more volatile investments such as stocks and mutual funds. If you are in moderate / agressive mutual fund/s, it is not unreasonable to achieve around 10% average for the life of that investment.
Keep in mind, higher return, higher risk, typically.
The Dow Jones Industrial Average has averaged about 10.5% since its inception, to give you an idea. But volatile is the key word, that is why time line is so key. If you have the time, you can ride out the variance and get a much better return.
Also, all growth and or income from any investment will be taxed, so depending on your time line and need to access the money, you will want to try and take advantage of some sort of tax shelter, i.e. IRA, Annuity, etc.
Hope this helps,
Main things to remember,
1) Invest for the long term
2) Diversify
Best of luck,
Mrcjenks
09-03-2008
Razboynik is online now Razboynik
Pride comes before a fall. Eat a big chunck of humble pie, and start afresh.
Balance is the key to success, in ranges, as in life.
09-03-2008
Isura is online now Isura
You won't find 5-6% in bonds right now unless it is junk type (low grade) bonds. But you want to stick to investment grade bonds, especially with banks going bankrupt left and right. Best is to keep it in money markets if you want short term returns. Or buy a piece of america (index funds) and don't look at it for 10 years.
09-03-2008
LOL_CARDRUNNERS is offline LOL_CARDRUNNERS
poor doctor jones.
09-04-2008
Diamond Lie is offline Diamond Lie
I can feel the frustration, and I'm only reading through this. You'll start killing the games again soon, you're AE#$%^ing jones

Keep your head up : )
09-04-2008
SlowHabit is offline SlowHabit
Jones,

Less whining, more grinding.

And your blog is starting to sound like the dinosaur's.
09-04-2008
bazuko is offline bazuko
I also have some major back pain, but I decided to get a sleep number 9000 bed, I don't wake up needing to pop my back or with pain. It's pricey, but honestly really worth it!
09-04-2008
CharityCse is offline CharityCse
play Esko more imo
 
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