JANUARY 2014 MONTH IN REVIEW Reviewed by Momizat on . I am taking a new approach to blogging.  My goal is approaching the posts from a weekly basis that way I don't get overwhelmed while I try to finish setting up I am taking a new approach to blogging.  My goal is approaching the posts from a weekly basis that way I don't get overwhelmed while I try to finish setting up Rating: 0
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JANUARY 2014 MONTH IN REVIEW

    I am taking a new approach to blogging.  My goal is approaching the 
posts from a weekly basis that way I don't get overwhelmed while I try to 
finish setting up my music production company.

What I have wanted to do for a long time though is a Month in Review 
category.  

This is the first post.

January 2014

I experienced a huge losing slide this month.  I made a mistake on one 
hand (for a thousand bucks) and it snowballed into a $4350 loss over 
the course of the next 5 sessions.  I was on tilt.  My bankroll dipped 
below 30k and that was another source of stress for me.  I have these 
5K benchmarks that make me feel better or worse depending upon whether 
I'm going up or going down.

Fortunately I turned it all around by calming down and re-focusing.  I 
actually had to tell my myself out loud "remember that I'm a winning 
player and I am finally rolled correctly for the game I'm playing in.  
I can take a hit."  When you are getting crushed you have to remember 
to look on the bright side of life.  You don't actually know when it's 
going to end.  Gamblers need a way to cope with losing that doesn't make 
you more anxious than what you already are.   I remembered playing on a 
short bankroll for the past 3 years and how I used to panic when shit 
went downhill.  I would hyperventilate and start tripping, or just shut 
down and watch movies all day.  I calmed myself down by remembering if 
I had the bankroll then that I have now I would have never been in those 
spots.  I know I play well enough to beat the game.

Checking out the stats for the month.

I ended up earning 7,340 with an average return of 430 bucks a session.  
That translates to $52 a hour and my average session was 8 hours.  My 
best win was a Saturday session when I made close to 4 grand and my worst 
loss was a Saturday when I lost 2 grand.  Turns out Saturdays are hit or 
miss I guess.  32 hours a week though,  that's not bad.   Add in 15 
minutes travel time each way and I guess I'm approaching  a little less 
than a normal work week.  The cool thing is that it's spread over 7 days
of the week and most importantly, it's when I want to go to work.  I wound 
up making almost $9500 straight at the end of the month.  It's interesting 
cuz if I would adhere to my stop-loss policy and quit when I get stuck 
$500 I probably would've made over 10k for the month.  But I have no 
discipline (it is what it is).

Obviously this is a good month.  If I can do this for a year  we would 
be talking 96k a year, which is getting way ahead of myself but still 
the goal.

 

 Earnings: $7340.00  Avg. Return: $431.76  Return Std.: $1570.30
 Win Rate: $52.06/hr  Avg. Win Rate: $20.45/hr  Win Rate Std.: $162.14/hr
 BB/hr: 10.41  Avg. BB/hr: 4.09  BB/hr Std.: 32.43
 ROI: 34.14%  Time played: 141h 0m  Avg. Session: 8h 17m
 ROI vs. DJIA: 34.14%  Expenses: 0.00  Avg. Expenses: 0.00
 Sessions: 17  First: 2014-01-03  Last: 2014-01-31
Statistics Graph

Graph:
Win rate accuracy:

5.84%

 Best Win:

2014-01-25 08:00: $3990.00
$221.67/hr over 18h 0m
$2-5 No Limit Hold ‘Em
PARX CASINO (Casino)

Worst beat:

2014-01-04 15:00: $-1900.00
$-316.67/hr over 6h 0m
$2-5 No Limit Hold ‘Em
PARX CASINO (Casino)
Streak: $9405.00 W4 - I am on a 4 session winning streak for a total of $9405.00 over 6 days.
I came out $375.00 ahead during my last session, 5h 0m of $2-5 No Limit Hold ‘Em at PARX CASINO . From 2014-01-01 to 2014-01-31 I have played Hold ‘Em 100% of the time. I have played all of my games at PARX CASINO . I have been averaging 32h 54m of poker a week, or 29.38% of my waking hours (assuming I sleep eight a night).

 


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