Hi,

Posting an update on my progress.

I have reached now 3750 VPP on pokerstars including the bonus. That amounts to 6k of buy-in already this month which is almost the size of my bankroll, so big turnover with about 280 tournaments played including sitngos.

Overall my P&L has not been impressive with a lot of busting and a few bad beats, including a big cooler on a final bubble where I busted BvB defending A5s to a minraise 25BB deep and getting it in on a A75r flop to see villain turn over 77.

But a few positives.
– Even though I have been pretty unsuccesful in reaching FT of large MTTs, I have won the last 3 when reaching the FT, 600 in one and 743 in another 15usd 180 MTT today. Overall out of my last 11 final tables I won 5 and finished 2nd twice so this is really very positive and I hope to repeat when I reach a FT with decent prizes.
– I am still massively up on 2-table sitngos, up 650usd for almost 40% ROI : if this keeps going well I will slowly move up and take a shot at the 60usd ones. I really appreciate the lower variance of those to smoothen the P&L.

There are 2 other goals I forgot to mention for myself:
– I will take a shot at a big live tournament this year, either the WSOP ME or the EPT London where I live. To train I will probably do the £1k UKIPT beforehand.
– I have been playing way too much. I work 10h a day and play 7h a day on average with an average sleep of 5h I'd say. This is way too much and I need to balance a bit more my personal life, getting to the gym and my sleep. Playing less but more focused and energized is really  important.

Net P&L I am flattish, +379usd YTD or 6% ROI, definitely want to do better.

I have been very disciplined in bankroll management this week. I have not exceeded 55 buy-in any tournament except on sunday where I did the bigger 109 and sunday million. 
 

Thank you for your input. I just read your post and it seems you have suffered a lot with the 109+ shots.

I am indeed working, single with no kids, my bankroll is actually sized compared to my savings and the money i make outside. It’s big enough that I won’t waste it but won’t change my daily lifestyle : if I make or lose 10k it won’t change anything to my lifestyle and I’m able to redeposit if needed. What I don’t want though is to be the fish and keep losing and reinjecting money : if I lost 10k/year I would be upset, as much about the money itself as about being a losing player. I currently have no clue about my long term ROI on the 109+ due to the small sample.

This week end was actually very disciplined for me : I have been extremely aggressive in my BR management earlier on. Check my graph jungix on sharkscope it’s brutal : after each big 5k+ win I got crushed by playing too big : I was hoping to get in a rush and get a 6 figure win. I have not only played a few shots but I had an average buy in of around 100 at some point : one Sunday I played almost all the majors including the warmup, million, 215 second chance and 215 supersonic. I even considered taking shots in the Sunday 500 or Super Tuesday.
But of course I lost 2k that day and flet pretty bad about it so since then I am using a more conservative bankroll management : will keep doing so and try to build a bigger bankroll by grinding and move up ABI little by little not exceeding 0.5% of my bankroll. A few shots are ok and exciting but I don’t want to blow my bankroll again.

Thanks and good luck to you too !

Playing with a partner must be tough : I don’t really imagine saying to my ex gf that I couldn’t eat out because I had just started the big 55 and that I could finish at 10, midnight, 2am or 4am if I wen to the FT haha.

Regarding this variance I think it will be easier to move up in the sit n gos but will do so very slowly cause I think the level of the regs must increase dramatically as you move up.

Good for you if she is supportive of poker !

I will focus mostly on the 30usd 18players, moving up to 60usd potentially after a while (so far I have been running good, need a bigger sample to measure that ROI before moving up). On top of that I will keep playing 180 15usd and I have just started 35usd. Yes it could be interesting to review the sitngos too. My pseudo is jungix there I guess we will play a lot against each other !
In my MTT schedule I will try to focus a bit more on the <500players ones instead of the large fields >2k. I feel I have a large edge in the sunday storm for instance but am pretty negative on it so far due to the field being so big and so tough to get a real deep finish.

Otherwise glad to update my results : my bankroll is back at 8k and profit to 1750usd YTD (24% ROI) thanks to another win, I have been running like God in final tables winning my last 4 in a row: this time the prize is bigger also, I won the 33eur turbo tonight for 1400 eur 

Update on my progress.

P&L is not that great, I am at -1500usd (-5%) ROI. I have lowered a bit my buy-ins, I don't do many 55 any more, only the big55 most days and i skip most large fields 44 turbo, 55 turbo etc.

The variance in MTTs is really crushing, I realize that playing with a bankroll of 200 ABI should be enough for 200ish players MTTs, however when playing the pokerstars daily bigs where the field is usually >2k one would theoretically need a much bigger bankroll.

A few positive points though:

– I am playing better than ever and I master pretty well the push/fold ranges but I get better and better with the 3bet shove ranges vs opponent positions/stats

– I have had a few very deep runs in MTTs but unfortunately busted just when the money got really big, finished 9th/2600 in the saturday speedway 33usd turbo and yesterday finished 9th/4750 in the big 22. Only 720usd in the end but was one card away from a double up and ICM stack of 6-7k when a flush on river ended it. Hopefully the next one i'll get top3 and a 5 figures payoff. I also finished 36th in the big55 yesterday.
– To reduce variance I have been doing many more 180man sng (and not too many 18man anymore) which i have been crushing on a small sample, In 250sng 15usd turbo I have several final tables including 3 1st and 3 2nd places. I have done about 50 35usd and I have 3 top5 finished including a win for 1700 usd. So very positive in those. 

I am net about -3k in 55usd+ tournaments on a small sample size (65 tourneys) due to large fields and a lack of FT : compensated by SNGs and the few smaller buy ins tourneys where I've perdormed 

I do now more sit n gos during the week (basically laucnhing 5-6 big tourneys and adding sit n gos as i bust) while on the week-end I do mostly larger MTTs. 

I have changed my view about bankroll management. I had reduced at some point my buyins and even stopped the big55 for a few days when my bankroll got to 4k, but now I've decided to put a floor on the buy-ins I do if I run bad. I'm not a pro and busting my bankroll would not be the end of the world so I will play what I like and if I bust so be it I'll reinject a bit more, but the large MTTs are what's fun where you can hope to score big payouts (my goal is not to grind even if that meant winning 10usd an hour). I'll practice a very strict bankroll management when i get my next big payoff though, ie if i win big i wont start playing the big109, big162 etc everyday as i understand that with the variance it's burning money on fire.

I'm almost through the videos of step3 in the TPE university as well