Great video, Sean. I can certainly relate to a lot of the topics discussed.
You made some "conflicting" statements like being okay with shotting 100/200 while being frightened of losing more than 10% of your net worth in a session. Also you mentioned that you can handle variance better than other players hence running it once but you still feel like your threshhold for losses being significant enough to affect you is a lot lower than for other players.
I would appreciate it if you could expand a little bit on that, since I am stuck at the same static money threshhold for several years now, regardless of the stakes that I am playing and my bankroll / net worth which makes it very hard for me to move up in stakes. Did yours change over the years, possibly even decrease?
Hi Jaf.. I can see how you thought that seemed conflicting. The comment about shot-taking at 100/200 as a mid-stakes reg while not wanting to lose 10% of my NW in a day was actually consistent. I was just very over-rolled for mid-stakes. It's an example of not letting my NW dictate what I played, otherwise I would have been playing higher regularly.
As for the other comment, again I can see how you would think that's conflicting. I choose the stakes that I play with an appreciation for the fact that having some X% chance of losing some Y% of my NW puts me out of my comfort zone where I may (1) be slightly more prone to tilt effects and (2) be much more affected by the results emotionally. Once I've made those choices so that I stay contained within the boundaries where I feel completely emotionally stable and in control, I feel like I have an emotional edge on my opponents at the same stakes if they don't have the same emotional stability at those stakes. Thus, I take a freeroll with running it once in the event that they play far worse when they're running bad in contrast to when I experience the run bad.
How does this work when playing a new game? I think I've seen you play PLO at fairly high stakes in the recent past and against pretty tough opponents, but have never seen you at lower stakes. Granted, I have no idea how much PLO you have played, I'm just curious about your view on this. Both for yourself and other players. It's not that uncommon to see higher stakes players learn a new game by jumping into the action at fairly high stakes. Would you perhaps expand a bit on that? I wouldn't expect this to be exactly the same as taking higher shots in your normal game, though it's somewhat related.
Hi jonna. I applied all the same principles to learning PLO with regards to choosing what games/stakes/etc.. I was very focused on my edge both quantifiably (my winrate) and qualitatively (seeing regs making significant mistakes) while moving up, and that was the big factor for deciding what stakes to play and when I decided I was ready etc..
I jumped into 1/2 right off the bat but focused a tonnnnn more on analyzing the game than playing. My study/play ratio was very high in the beginning and this helped me progress my understanding quickly. From there I started logging more volume and worked my way up while trying to keep my study habits up.
Ok cool thx. Yeah no point going lower than 1/2 for sure. Still a pretty fun game. One can get going at a decent level fairly quickly, but it probably takes a lifetime (or more) to master. Gl at the tables!
This is a great video. This is the kind of advice that would make poker players a lot of money over the long run and make them a lot happier as well. This video highlights the importance of self-awareness and self-reflection. I'd advise anybody to check this out and really spend some time thinking about the points made in this video.
Thank you, Sean. This video definitely helped me put a lot of my thoughts, gut reactions, and feelings into quantifiable variables. Looking forward to part 2! : )
Hey Sean. Great video. You made several points that all of us lose sight of in our journey. I really enjoyed this one and look forward to the next. Your content closely parallel's the content in a book I read years ago that helped me with life overall. It is "Secrets of the Millionaire Mind" by T. Harv Eker. Have a great day bud. Logan.
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I like it.
Very good video that personally was perfect for me at this point in my life.
Great video, Sean. I can certainly relate to a lot of the topics discussed.
You made some "conflicting" statements like being okay with shotting 100/200 while being frightened of losing more than 10% of your net worth in a session. Also you mentioned that you can handle variance better than other players hence running it once but you still feel like your threshhold for losses being significant enough to affect you is a lot lower than for other players.
I would appreciate it if you could expand a little bit on that, since I am stuck at the same static money threshhold for several years now, regardless of the stakes that I am playing and my bankroll / net worth which makes it very hard for me to move up in stakes. Did yours change over the years, possibly even decrease?
Hi Jaf.. I can see how you thought that seemed conflicting. The comment about shot-taking at 100/200 as a mid-stakes reg while not wanting to lose 10% of my NW in a day was actually consistent. I was just very over-rolled for mid-stakes. It's an example of not letting my NW dictate what I played, otherwise I would have been playing higher regularly.
As for the other comment, again I can see how you would think that's conflicting. I choose the stakes that I play with an appreciation for the fact that having some X% chance of losing some Y% of my NW puts me out of my comfort zone where I may (1) be slightly more prone to tilt effects and (2) be much more affected by the results emotionally. Once I've made those choices so that I stay contained within the boundaries where I feel completely emotionally stable and in control, I feel like I have an emotional edge on my opponents at the same stakes if they don't have the same emotional stability at those stakes. Thus, I take a freeroll with running it once in the event that they play far worse when they're running bad in contrast to when I experience the run bad.
Hope that makes sense. I've had a few drinks. :P
Makes perfect sense, thanks for the answer :)
Looking forward to part 2.
How does this work when playing a new game? I think I've seen you play PLO at fairly high stakes in the recent past and against pretty tough opponents, but have never seen you at lower stakes. Granted, I have no idea how much PLO you have played, I'm just curious about your view on this. Both for yourself and other players. It's not that uncommon to see higher stakes players learn a new game by jumping into the action at fairly high stakes. Would you perhaps expand a bit on that? I wouldn't expect this to be exactly the same as taking higher shots in your normal game, though it's somewhat related.
Hi jonna. I applied all the same principles to learning PLO with regards to choosing what games/stakes/etc.. I was very focused on my edge both quantifiably (my winrate) and qualitatively (seeing regs making significant mistakes) while moving up, and that was the big factor for deciding what stakes to play and when I decided I was ready etc..
I jumped into 1/2 right off the bat but focused a tonnnnn more on analyzing the game than playing. My study/play ratio was very high in the beginning and this helped me progress my understanding quickly. From there I started logging more volume and worked my way up while trying to keep my study habits up.
Ok cool thx. Yeah no point going lower than 1/2 for sure. Still a pretty fun game. One can get going at a decent level fairly quickly, but it probably takes a lifetime (or more) to master. Gl at the tables!
my girl has been telling for years that i have an obsessive personality and i do crossfit = i must be good at the poker :)
This is a great video. This is the kind of advice that would make poker players a lot of money over the long run and make them a lot happier as well. This video highlights the importance of self-awareness and self-reflection. I'd advise anybody to check this out and really spend some time thinking about the points made in this video.
Thank you, Sean. This video definitely helped me put a lot of my thoughts, gut reactions, and feelings into quantifiable variables. Looking forward to part 2! : )
Hey Sean. Great video. You made several points that all of us lose sight of in our journey. I really enjoyed this one and look forward to the next. Your content closely parallel's the content in a book I read years ago that helped me with life overall. It is "Secrets of the Millionaire Mind" by T. Harv Eker. Have a great day bud. Logan.
great video. part 2 somwhere ?
Ty Sean , Love Your Wise Words.
David.
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