Weekend Update

After thinking about things for a while, and receiving some comments from friends that I respect, I think I've decided on a path forward. I am certainly not going to quit.

Here are some things I am keeping in mind:

From great books like Fooled by Randomness or Gambling Theory and Other Topics is the fact that the daily results are really just noise.

From my research into randomness: crazy results affect almost everyone from time to time and fortune has no idea or regard for any artificial timeframes I have placed on things and that in the long run the signal emerges from the noise and the long run certainly begins no more early than 500K hands and this may be generous.

From my good friend in GA who seems very much more emotionally stable than me is that having a reasonable backup plan is not such a bad idea and having to implement Plan B for some period of time is certainly not going to suck the lifeblood out of me and that despite what it feels like right know this is not even remotely close to a quitting point, even if bad results continue into the foreseeable future.

From my own personal examination is that to play at a certain quality, I need a certain quantity, and for me this is about 4.5K - 5.0K hands per day.

This whole experience has really kind of shaken me into viewing the potential upsides more realistically along with the negative aspects. The daily pluses and minuses are just illusions, and I will compare my results at the end of the month. Day to day this will just be a job that I will try to get better out.

So, in the spirit of re-invention, I will post my monthly totals, and running forward, just talk in my blog about interesting situations, and not at all about balances, except if they allow/force me to move up/down.

Begin $0
Month 1 - Jan 2008 - $154
Month 2 - Feb 2008 - $800
Month 3 - Mar 2008 - $2061