November 28, 2011
I'm an avid money manager. I'm not tght with money, I would say I'm right with money :) I just don't make that much of it. I play with ppl with much higher bankrolls. Most of us are amateurs like me (sometimes pros join in), but we all play competitively, we read the books .... We play to improve and we are all positive or break even players (we have fishes in our games, otherwise mathematically this would not be correct :))
However, I feel like I am coming at a cross roads. I broke even last year and looks like I will break even this year (I'm not the best in the crew). But my high and lows are becoming more intense. This is because, as we keep playing each other, as we keep improving and challenging ourselves, our buyins increase. I've had an "emotional year" in poker ups and downs. Nothing that I cannot afford, but I pretty much reached my limits.
As I saw happening over the previous years, I have a feeling that buyins will continue to increase. I will not be able to keep up. I will have to give up on the games that I usually play and might need to find another crew might lose some experience and exposure to ppl that have helped me improve. Feels like I am a college drop. Looks like I might have to turn my back on ppl who became my friends through this competition. That's a real sad part to the reality I feel I will be facing in the coming 3-6 months. Not looking forward to this. I guess I'll have to pick up my golf game to catch up with these guys (although they have years of experience in that too and I'm starting behind :) ).
On another note: having had the experience of seeing my buyins and my volatilty increase I have to pay respect to the people who within the same good money management limits do this on a daily basis. This is definitely not a game for the weak. Balls of steel! :)