Thursday, December 08, 2011

The Future


Hey all,

as promised, this post will be about my future plans :)

So, the way i see my future, i need to switch to cash games. I'm still trying to figure out whether should i choose NLHE or PLO. But most likely will go with PLO, because my plan is to end up there anyway, so would kinda waste time learning NLHE. Why cash games? Well, i pretty much have to choose between HS MTTs and cash. MTTs would obv be quite cool, however i want to have more freedom and especially free evenings and that's not really possible if i would grind MTTs. So that leaves me with cash games and even tho, PLO is quite sick and difficult game, i believe that i'm good enough to pwn PLO tables sooner or later :)


As some of you know, i gave PLO a shot during summer and it wasn't anywhere close to success. Why? I'm not sure but i guess because i tried to learn it for the wrong reasons, i was kinda running from sngs. But now i just want to make more money. I don't have plans to be poker pro for really long, well, actually it is quite long :D I want to do something better than poker after i get bachelor degree(which is 4,5 years from now), but might go for master degree right after that, so i might even have 6,5 years to play poker. Well that's actually a lot! But i'm not gonna try to plan that, just too difficult to know where i'll be after such long time. So, basically i don't want to spend a couple of years playing sngs while studying at uni, which would mean that i couldn't even make $100k/year. And well, i think that in cash games i could make much more money after reaching PLO200 stakes. Because of very simple reason - time management. As a sng player i can't squeze in 1-2 hours sessions few times a day, just seems as waste of time to spend 2 hours to play 20-30 games while it takes only 4 hours to play 100 games in one session. And CGs would allow me to manage my time as i want and it would also be much easier to have balanced lifestyle, which leads to better overall quality of life :)

Also, yesterday i finally finished my deal with SNGProtege, i was only staked since Nov 1st, because i felt as i don't need coachings to keep my game at top level, but i didn't have bankroll to play on my own. Finally, i have my own bankroll and will play on my own :)

That said, the plan looks something like this: make $1,000 and deposit them to some other site and start playing+learning @ PLO10. That would be 100 BI bankroll for PLO which should definitely be enough (i could obv reload that). The reason why i want to have separate bankroll for PLO is just because it would keep things easier and i could know how i'm doing without help of HEM (i won't use HUD at micros). That's the start and i will definitely keep playing at other sites at least until i am comfortable @ PLO100 at which time i'll make a decision to either move to PokerStars or just keep playing at other sites. However, i think it's more likely i won't move to PokerStars. But well, that doesn't really matter now, since i'm still far away from PLO100 :D

So, the next part of the plan is the main game switch to PLO. When will it happen? Most likely when i will be winning player @ PLO100, even tho my hourly would be lower than at Sngs, i think at that time i'll want to focus on PLO to reach higher limits where the earnings should be better as fast as possible. There is a deadline tho, September 1st, when i start studying at uni. Depending on my skill level, i would either just switch even at PLO50 limit, because i won't be able to play as many sngs as i can now and so a switch at that time will just speed up the process. 8 months might not seem as a lot of time, but with my current poker knowledge, learning skills which i gained while studying sngs and amount of free time i have, i believe i can do it :)

That's about it for PLO, i have some things in mind for the further parts of the plan, but now i need to focus on first stage of the plan :)




There is another thing which i want to learn. FOREX.

FOREX The foreign exchange market (forexFX, or currency market) is a global, worldwide-decentralized financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.

Yep, i want to be a trader :) And it not necessarily ends with FOREX, that's just a start and depending how things develop, it might evolve into something huge :) However, it will definitely take a lot of time and dedication to achieve something in trading, but since i always admired that(and it actually has some similarities to poker) i think i must do my best and become professional trader! It's gonna be way tougher than PLO tho, cause i'm starting from 0 and overall it's way more difficult than poker.

I don't really have such a good plan for it tho. I bought a book few months ago, so that's how i'm gonna start, also there are a bunch of free sites with various articles for beginners, which will definitely be helpful. After i will understand some basic stuff, since i'm 100% sure it's way easier to learn anything having a coach, i will look for personal training(i already know some, will just need to make a choice). It's not expensive also, which is really cool, something ~$40-$50/hour for 10-20 hour packages and one great thing about them is that they're not done through internet. You need to go to company's office and you study there with a coach!


So, that's pretty much it about my future :) It sums up my plans for whole next year. The new journey begins after New Year celebration. Obv, I might read something before that, but official start is Jan 2nd. Hopefully i'll be able to post more often when i'll have more things going in my life than just sngs :)

Good luck,
Ignas

2 comments:

  1. yeah man i love this post...gl dude...i am heading to investing into houses...wish you all the luck life can give to you

    ReplyDelete
  2. Future bright my friend for you I see (Yoda voice). I also wanted to get into trading, but I personally like to learn from experience and you need money to do that. Maybe someday...

    ReplyDelete