Friday, December 31, 2010

Stability

When I think of true New Year resolution for myself only one word come to mind “stability”. It’s the one thing I lack in life, and it’s the only thing I can think of to improve in 2011. Something’s in life are naturally unstable so, I will need to work on being able to adapt better in the long run. Poker is one of those unstable things in my life at the moment. I have never been able to have a stable incoming cash flow from the game. I have been fortunate to hit some decent scores every now and then, but overall poker has been inconsistent. How do I find balance in poker in my life? Swings happen and bad beats happen; there will always be times when you’re losing more than you’re winning. Thankfully I can look and see that I have made an overall profit in playing poker over the years, but since it comes in spurts it does not seem like it at all. I don’t want to end 2011 like 2010; I want to improve on my results not just in poker but in life in general. I want to be a better father, a better husband and better poker player. I want to be able to bring in a better income and achieve some goals. I am very thankful because it could be allot worst, but thankfully there is allot of room for improvement. Things will never be perfect I just want them to be a little more stable.

2011

Well I fell short of my overall goal of 10,000 dollars by the end of December by $2,400. I did manage to pay off all the people I owe on PTP so that is a big stress of my back. I also manage to build a pretty solid roll to start the New Year with. I am excited to be able to grow my level of my overall poker game in the New Year. It is very stressful to be stuck grinding the micros, but in the same time, it was a very good chance to work on my game. Right now I have to set some pretty reasonable goals and see if I can come out on top in my 2011 grind. I just want to envision were I wanted to be by this time of year and stay discipline and hungry. My time in the Micros starting with a $230 bankroll in august has taught me how to use proper bankroll management. Bankroll management has been my most powerful leak and I am still working on it but have really tightened up. But first I need to set some goals for 2011.



I watch a video on Poker Pwnage by Ghettofab about goals. One of the main points of the power point presentation video was to set healthy goals. These are goals that allow you to have 100% control over accomplishing your goal. An example of a healthy goal is the amount of games you set out to play in a day. This is a goal you have 100% control over, another example would be how many days of the week you play. An example of an unhealthy goal is setting a goal based on a dollar amount. For example my 10K by December goal, was an unhealthy goal since I had no control of the outcome in the cards and a bad run with a few unlucky rivers could heavily affect my goal. This leads to stress and a feeling of failure and even spewing off my bankroll trying to reach this goal which leaves a very good chance of going broke.

I hope achieve success in 2011 by setting healthy and reasonable goals.