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Old 12-02-2007, 12:23 AM
Albert Moulton Albert Moulton is offline
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Join Date: Jan 2005
Location: Live Full Ring NLHE
Posts: 2,377
Default Re: Bankroll Management: Low Stakes

[ QUOTE ]
How else can we improve upon this? I'd like to add it to the FAQ.

[/ QUOTE ]

Nice post.

I would add an explicit warning that you should never move up to win back losses when encountering a losing streak.

You basically say as much with the excellent advice regarding a bottom floor BR at which you move down a level, but the Psych forum is usually full of dudes who moved up to win back losses and ended up in credit card debt.

The only cure for running bad is to move DOWN before you blow most of your roll, and then grind your BR back at the lower level.

Finally, I wouldn't refer to yourself in the 3rd person. You sound a little like sup bro recounting how he was never tackeled for a loss of yardage.
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