This is my first blog here, so greetings. I have another (social) blog, but it was getting very poker-oriented and wanted a separate one to be able to distinguish between my poker and non-poker life, so expect reasonably regular updates.
The reason I'm here is, well, I had spent most of last year building up a smallish ($2k) roll playing cash games and the odd tourney on PokerStars, and thought everything was going great. I got a little bit ahead of myself in terms of buy-in size for my roll, had a downswing in terms of wins, and consequently donked the lot of it off over the last month or two. The other thing that contributed was trying to qualify for a few local events via PokerStars satellites using my existing bankroll rather than topping up for it.
I've heard people go busto before and I guess it's a pretty humbling experience, but I figure I can learn something from it and I'm happy to admit it. I've got a reasonably well paying job so I've never really worried about the cash for buy-ins, so I considered just reloading. Then I thought about it some more, and figured if I was really going to be spending so much time playing it, I'd rather it be profitable.
I have always been a student of the game, as well as railing lots of tourneys and finding those who are more skilled at the game and trying to learn from them. That's my general approach for most things that I'm interested in. So I spent a bit of time going through the old 2+2 forums, reading books and blogs such as the ones on here and took a short break from the game.
2009 kicked off, and I started that year with a specific strategy that will hopefully keep me permanently rolled for the game and improve my discipline.
The basic premise is that I intend to make sure I always have 100x my average buy-in in my bankroll, and to keep grinding away at a level until I have enough to move up. I'm sure most successful players have already figured this out.
To avoid super micro stakes, I am funding myself into the 4.40 180-max games on PokerStars until I can get up to the next level ($3+R and $11 180-max). I could have loaded more on and played the $11 straight away, but I figured it wouldn't be as much of a learning experience if I did, since the $11 are not that much of a step down from where I used to play. That's why the blog is called 'the successful path is rarely a short one'...since I figure the grind at the beginning to build up my bankroll is going to take a while, but that's how it has to be - there are no real shortcuts here :)
So I deposited 50 dollars or so into my PokerStars account and started off on January 1. I will keep you updated each month as to my progress. Happy to field any comments or questions along the way, and will probably discuss some of my thoughts/learning process on the game as I go.