You must do the things you think you cannot do.

- Eleanor Roosevelt

Sunday, January 17, 2010

New Year's Resolutions

Some say it is kinda silly to make resolutions at the beginning of the new year. Well, maybe. Let's just call these a reassessment of values--or something.

This year is going to be largely devoted to finishing school. I have a few more semesters and I want to get as much done this year as possible, making next year the cleaner up year. So, I probably won't be posting as much. But that can change. I'm rather impulsive when it comes to blog posting (sometimes you get one a month, sometimes ten a day; an exaggeration, but it illuminates the truth).

Also, I have been running and working out recently. Being in physical shape helps me maintain concentration in other aspects of my life. I want to increase my endurance.

When it comes to poker, I need to work on my patience. Over the holiday I moved up the limits too fast and ended up hurting my account on a bad beat (an inevitable aspect of the game) and blew it up completely shortly thereafter. Tilt is a killer; but even worse is pushing your account for impossible returns.

I need to sit back and fish. It's not an exciting game when played right. I get in trouble when I play it that way.

The same goes for trading. I need to sit back and spot the plays rather than pushing for them. Choose your markets, choose your tables, choose situations that give you an edge. Sometimes you'll be sitting there for hours doing nothing. Sometimes you'll do everything very well and still lose money. But, in the long run, maintaining discipline leads to profits. Find other outlets for frustration/entertainment.

Bad post. More soon. Hopefully.

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