If I take an overall view on the past week spent with playing poker online I shall admit that I have had a good week. With more ups then downs.
However, Friday (the 13th) has changed the picture dramatically. This was the day when I have lost 29% of my bankroll. Also, I have only made an in-the-money position on 1 occasion out of 10, played. This converts to a mere 10% ITM ratio.
Beside playing probably too loose and sometimes passive, I did a few apparent mistakes as well. Such as talking to a friend over the phone while playing. Some more multi-tasking activities was scattered at least through 2 more games.
All in all, I went a bit emotional about the draw down. Since I now know I will have to rely on online poker, at least partially, as a stream of income.
Finally, I took the positive thinking back on track and figured that I need to introduce (force through) new rules. You will easily figure that it has to do with stop loss (aka bankroll management).
Current bankroll: €56,16
ITM%: 49%
UPDATE: Total money made during the week €24,5 (or €75,5 short of my goal), 2 hours and 40 minutes played on average daily. Only 6 days played, taking Saturday as a day out.
See the details in the original post.
Finally, the indispensable disclaimer.