i recently read an article by alec torelli called "4 steps to never going broke in poker". reading the title made me laugh and so i was interested in finding out this 'amazing' info (note the sarcasm).
the article was actually much better than i thought it was going to be, although i'm not sure if following the advice would really prevent you from going broke. however, there was one point he mentioned about shifting your focus on how you see your results in the game.
i've tried (and probably mostly failed) to try and think of poker as one long never ending session in order to avoid worrying about the small losses here and there and instead focus on the long term winning. i'm sure you guys have heard of this type of thinking before.
alec has a different spin on it and i think i really like it:
If someone asks how I am doing in poker, my answer is the same: I am even. The logic is this. Right now there is only the present moment and in this moment, there is no change. Whatever downswing I had or hand I lost is in the past.
How does one even interpret the phrase "I'm winning?" Does it refer to today? A week? A year? I can always be up or down. The answer is arbitrary and changes depending on how I define the time frame. Winning and losing only exists in your mind. In the present moment you are always even.
I know I am doing this correctly when I don't lament over folding for 10 hours. After all, if I am always even, then each hand is my first hand.
The only time I take a streak into consideration is when I feel that my opponents will play differently because of it.
i think i really like that idea and way of thinking. what do you guys think?