View Single Post
Old 11-28-2007, 11:28 AM
chisness chisness is offline
Senior Member
Join Date: Apr 2005
Posts: 1,831
Default Re: goal setting; the short term

in regards to poker, a great goal is to play X number of hands

also, u could set a budget and try to stay within that

[/ QUOTE ]

This is right on. Set goals for things you should be controlling.

You have a long term market plan, so let it do its own thing. You have a poker skill set, so let it do its own thing. (Studying both of these areas could of course make these even better.)

Setting a hand goal is a great idea -- increasing the EV of your net worth by a certain amount, but not focusing on a strict dollar amount (trend would be to play less when winning and more when losing if you did this).

Also, a budget isn't a bad idea. My idea of a budget is not wasting money on ridiculous luxury items, but also never hesitating to do something fun because of cost (like eating at a nice restaurant or golfing). The in betweens that could use some definition are random gadgets like new speakers or a gaming system.
Reply With Quote