[Dov]

Try this instead: (assuming cash games)

Start with $20 and play $0.02 NL. When you win enough for a buy in at the next limit up (50 - 100 BB of the next limit), take a shot.

If you lose your 'Take a shot' buy in, move back down. If you don't, continue until you have 2000 BB for the current level (20 buy ins).

Repeat.

Keeping a full bankroll at the base limit will keep you from going broke. There is a very high likelyhood that you will experience the Peter Principle as you move up and get knocked back down repeatedly.

Each time you get busted at a higher limit, you should come back to the old one with a better winrate. (Ideally) That means that you need to concentrate on your game and plug the leaks as you go.