Would love to play this MTT. Starts on Tuesday Jul 03. Selling at 1.10 so $1,100 buys you 10%, 550 for 5% etc. Paypal or Cash. PM me or leave a comment.
A thinking tarp
Slows down personal improvement
Can easily make people waste their whole lives on
What is it?
Something that you've already spent and that you won't get back, regardless of future outcomes.
Some examples
Bad overall life decisions:
Persisting on an unfulfilled job or career, just because you invested so much time in it? Persisting on a bad relationship, just to “make all those years worth it”? (Maybe some of the saddest cases of the sunk cost effect). Since people literally waste years – if not their whole lives because of it.
Bad financial decisions:
Refusing to sell something at a reasonable price, just because they spent so much money on it. Gamblers who won't quit, claiming they need to make back the money they've already lost.
Bad Everyday Decisions:
Ordered too much food, eat it anyway despite being full. Keeping useless clutter in your home, since you payed for it. Watching a bad movie to the end lol. The examples go on and on. The consequences for each of them may seem trivial at first, but if you think about it, we make these mistakes so often that they add up pretty quickly.
Why Do We Fall Into the Tarp and How to Avoid It
1. We Want to Make the Investment Worth Our While
“We have a genuine interest in making our efforts worth our while”. We don't want to feel that we spent anything in vain – time, money, anything. However, even if we know deep inside that our approach is wrong, we still have trouble abandoning it.
Solution
Cut your losses and move on! (LOL, ok, kinda anti climatic, but whatever works I guess).
2. We Fear Failing and Looking Foolish
We live in a success-oriented culture. Cutting losses means admitting you made a mistake, if not in public, at least to yourself. Our egos will always try stubbornly holding us to your commitments, so we don't need to admit our imperfections. If you made a public commitment, you're even less likely to break it, as there will probably be a lot of explaining to do. (That's one thing I got going for me, I don't go out much, so dun have to hassle with that haha).
Solution
Allow yourself to make mistakes. Quickly admitting your mistakes is really productive and more awesome than trying to “save face”.
Do like Socrates and think differently, become proud of admitting your errors (haha, poor longple, who doesn't make mistakes). Change your attitude from hiding your mistakes to actively exposing them. (This is actually sick advice, I always feel a warm wind when I do this in front of people, but it wasn't consciously, I just suddenly felt like it).
This might make you feel defenseless and uneasy at first, but once you get used to it, you'll feel invulnerable to harsh criticism.
Instead of focusing on the sunk costs, take pride in recognizing the cost associated with sticking to the old approach.
3. We Become Attached to Our Commitments
After we decide to do something, we feel attached to what we committed to. And the bigger the commitment, the harder it is to let go. Plus that it's a human trait to be overconfident in everything we set ourselves to do will pay off. We're biased when we evaluate the probability of success of already-made commitments. (This is known as overly optimistic probability bias).
Solution
Be aware of the natural bias, evaluate the status quo as it was just another option, rather than the frontrunner.
Try your best, detaching yourself emotionally from past decisions.
“Zero-based thinking”. Forget about the past, and consider this very moment as your “point-zero” in time. Act like all you have in the present. (Cool trick is to pretend you've just woken from amnesia, or a really, really bad hangover). This helps focusing on your current situation, instead of clinging to past decisions that would drag you down.
4. We Lose Sight of Our Underlying Goals
Get too preoccupied by how much time and effort we put into something, that we lose sight of it's relevance in the greater scheme of things. We become attached to the means and forget about the ends.
Solution
Always mindful of long-term objectives. Don't get caught up in justifying your current actions.
Let Go of the Past, Move On
Greatest example of sunk cost is that you pay with your own time, can't really reclaim that time. So no point clinging to the past, make the most of your life right now.
LAPT Medellin: Selling Shares!by Carreira, June 28
Hey guys, my name is Luis im 24 years old and im a SNG, Live MTT player from Peru.
I am a current member of Team Moshman and i play 18m SNGs on PokerStars under my sn "Road2V1ctory". I also play Live MTTs and have started playing Online MTTs.
Friends that can vouch for me here are: SPEWTARD, locoo20 and i believe everyone on TLPoker.la knows me.
I started playing poker around 3 years ago when i got a free $50 from a friend of mine and since then ive never made a deposit of my own money for playing poker. Started by playing 6max cash games on Ipoker, moved to ongame until NL30-NL50 and after making some cashouts to buy a new computer/furniture etc (i currently live in a big house with some of my friends/roommates) i left around $350 to begin training myself in MTTs and SNGs on PokerStars.
Things have been going quite well since i joined the team, my mindset and skill on the game has improved a lot and ive won 2 live MTTs on local casinos here, i also managed to get my online roll big enough to confortably play the 15s (i havent started playing them because im a nit, lol)
So this month i won a Pkg to play the LAPT-Medellin and since i would really like to reduce variance i am looking to sell up to 65% of my action without mark-up. I consider the LAPT to be really a soft field and i believe that i have a serious chance of making it deep.
I am also making this mark-up free since this is the first LAPT ME that im going to play (Ive played a side event of the LAPT-Peru last year and i busted close to the bubble, AT vs KK BvB).
Anyways, numbers here:
Full Buyin: $2350
Looking to sell: $1525
20% = $470
10% = $235
5% = $
2% = $47
1 = $23.5
1% Min buy to be able to track everything easily.
There is a 20% taxes going on by Colombian goverment: Money i win will be transferred to my Stars account and taxes will be applied to stakers and me according to each % of action one has. Ill send shares to everyone, Mb or PokerStars. Will do it when i come back to Perú around August 13th
I accept Moneybookers and PokerStars transfers (Road2V1ctory).
Started playing zoom and it's not showing on my graph so posting this now.
Graph + Show Spoiler +
http://i.imgur.com/IoEos.jpg
Reason I'm playing zoom now is to maximize my volume before I go to the real job that I've accepted as a backup.
Want to bring attention to this book that I'm slowly reading.
Tragedy & hope - Carroll Quigley
Story behind the book; the only researcher ever let into the archives of the council of foreign relations and spent 20 years writing this book. Once published it instantly sold out but he was told it wasn't selling later he found out that they had destroyed the plates and it was out of print for ages. It has now been reprinted but I'm not sure if there are any changes.
This is the real history book.
Still no internet at my new place. I'm at my parents' place now and figured I'd just put a blog post out there stating that in case someone have tried to reach me on skype/facebook/whatever I have not gone nuts or anything but rather just not been able to get internet working yet. Should be back within a few days or a week at the most.
especially when it's like 60 degrees at night, 70 and sunny during daylight. (sup SD ppl prolly should just figure out how to live in SD am i wrong?)
Rose wine is too sweet (for me)
malbec u gotta drink w/ like some chorizo o bife de lomo o batatas (for me)
pinot is where it's at if you are messin around w/ herbs de provence and evoo and lemons and seafood and birds and shit
get your heart health/fitness up. it feels GOODMAN. especially in this summer sun/atmosphere.
produce is fucking GOODMAN. i'm hoping for this shit to be exceptionally excellent until like aug, hopefully sept.
summer reading.
what ya'll reading?
sup london blokes.
NYC weekend of the 20th. i have never even been there before which may or may not be embarrassing?
personally not ashamed that's just how it went.
since i've never been there i'm down for whatever. i'm stayin w/ a bronx local so if anyone has suggestions i'm sure me and the 2 london blokes will appreciate. if not fuck you, we don't have a clue i'm sure we'll figure something out and have fun anyways. you could always join and be an appreciated mentor or if you don't have a clue either an appreciated accomplice. the more the merrier.
everyone is just trying to live, hopefully, occupy yourself w/ something stimulating/fun. make a little money, live somewhere, eat something, have a little extra to try and find meaning in this thing we call life. in this thing we call existence. in this thing we call w/e you want to call it.
Thought I was going to win a bracelet, was top 3 going into day 2 of the 1k wsop yesterday. Was sick as a dog and never got anything going but I don't think being sick affected my play too much. Might have missed a couple small live reads from not being able to focus super intensely in hands that I wasn't in, but tables were breaking so fast that I don't think it hurt me too much. We came back with 297 people left and I ended up finishing 40th when I shipped 88 with 100k at 3k 6k over a btn raise and sb flat from two weaker players. The button called with 66 and the sb had kings. Would've been nice to spike and have 300k but I guess it wasn't to be.
I was a little upset after the hand since the sb did kind of look like he wanted to 3b pre but looking back I can't say I woulda played it differently. 88 is just too strong there since stacks were kinda shallow; I gotta think he would 100% 3b 99-JJ and prob QQ too. And ive seen him flat out of The blinds a few times already. So that leaves a button open and only a couple hands that beat me for the sb. So I'm happy with it.
Only a few more tourneys left before the main event...hope I rip one off.
Man it's funny how 1 losing session can make u feel so low, that you end up overlooking your past winning sessions. I feel that its just losing in general can make anyone feel so low. In any type of competitive game nobody wants to lose.
I broke my buffer for 16nl as I have done in the past limits. Once I lost a total of 2BIs at 16nl plan was move back down but as usual I couldnt help my self and kept playing with over self confidence/tilt mode and proceeded to lose 6BIs at 16nl. I know this is simply chump change for the many players here at LP but we all started somewhere right? JoelIngram's last blog I jokingly asked him whether he started at the micros since now is super baller and he humbly replied that he started at 25nl or 50nl and he even had early blogs about his poker career. That shit jus motivates me like daaaamn!!
Hi guys, my name is Gerardo and I'm from Mexico. I've been reading the mind=blown thread because of a friend (rubbago) and that got me inspired. The deal is that my life is kind of weird right now and I'm trying to get it right.
I've decided that I need to get 3 things right first and everything will be easier.
-I want to reach NL100 by the end of the year.
-I play football but I have overweight right now due to several things that I will explain.
-I want to get myself together speaking about my love life.
Well here's a quick overview, I started from zero. I got like 6 dollars from playing freerolls and started playing 1.50 HU's... yeah, well that was dumb. I almost busted then got another 6 dollars and started playing NL2 and reached NL25 until yesterday that I made a pretty bad call playing 6-max tables so I'm back to NL10.
My goal depends on volume and discipline, I know it won't be easy but I'm hoping to achieve my goal.
-Weight Issues
I started playing poker a year ago because I used to play football at college but in one practice some guy fell in my knee and well, goodbye ACL. I got really depressed because of this and some other things I'm about to explain.
The thing is that I gained like 25 kilos and I need to lose them by October so I can return to play. Altough here in Mexico we don't have like a Pro league there are a lot of teams that pay you and 3k a mont just for playing 3 weekends sounds pretty nice to me.
I will eat right without starving myself like today I ate meat, rice a lot of lemon water (yes, because if you don't know bottled water is bad for your body) and some fruit.
My goal is to lose at least 12-15 kilos by October and of course being a lot stronger than I'm now.
Love life
Here's is the biggest thing to change. Two years ago I leaved my city an traveled 1000 kms just to accept an scholarship and be beside my exgrilfriend. She was mean really, really mean so I'm kind of traumatized about this. This is one of the reasons I gained weight I didn't want to sleep and most important somedays I didn't want to wake up.
I want to get back on track with my life so I write this because I will be posting like summaries every week and I will keep kind of a diary in an outer blog: http://somesortabull.blogspot.mx/ because sometimes it could get boring.
I also will be posting updates in my Twitter and any advice would be helpful. TYVM in advance.
BTW I write in TLpoker but in spanish and there I posted like a bonus. It's a picture of one of the girls I used to date, she's a cheerleader for a LMB baseball team and of a soccer team. I'm not traying to brag, but the truth is that she's really pretty I think and she wanted something big but when things got real I ran away, yep trolling accepted because of this.
Hello, some of you may know me not by David (my real name) but as naranjito, an ex brood war player from Peru.
My motivation in creating this blog is to keep track of my success/failure and to know if I'm really cut off to be a professional poker player (that's my main motivation, although very improbable, but I'm gonna try).
My goal is to sustain myself with something that I really like to do, and not what I must do (boring works, etc). Although my ultimate goal in life is to make a movie (or several) and for that I need the monies. Monies that I will earn from poker (a game I'm really enjoying as of late) hopefully.
The Start
So, long story short, my bw mate iG.Fenris talked to me about pokerstrategy, and how I got 50$ absolutely free to play poker at party. I didn't believe this at first but everyone in the bw community was talking a lot about poker, so I really wanted to try it, and got my first 50$ in January, about 4 months ago. I have a lot to thank to Fenris even if he just casually talked to me about poekrstrategy. He isn't much known here I guess but he makes a lot of money from poker, high stakes.
From there I learned everything I could from the pokerstrategy articles, and since I thought the shortstack strategy which they promoted was really gay, I decided to play with a full stack since the beggining.
I realize now that I got mass lucky, because I earned up to 150$ in my first wekk, by playing a lot and basically going all with in NL10$ just with Top pair, top kicker on the flop. Crazy ignorant days.
I thought poker was sooo easy, that I cashed out the 100$ that I earned and was ready to try again, little did I know that I was going to lose my last 50$ in a couple of days.
From there I decided to really put effort into learning the game properly and bumped into this great place Liquidpoker.net, I've learned a lot from this and pokerstrategy. I gotta come clean and say that I'm still a breakeven player at NL25$(but huge winner in NL5$ and NL10$), a winner in MTT's and a small winner in SNG's.
Bankroll
I have a 650$ bankroll at partypoker. I have cashed out all my tourney wins to not lose them like I lost 400$ in cash games NL200$ from a tourney I won. I'm not gonna make the same mistake. I have a "potential bankroll" at my bank account of about 1200$ from my tournament winnings, but I'm not gonna deposit that again until I'm a big winner at NL50$, and I'm ready to go to another website to take advantage of rakeback and promotions.
The Present
I think I'm getting better at this game, but my main weakness is that I still get bluffed a lot and fold better holdings. I play a little too scared sometimes, and sometimes (although much less than before) I tilt and can lose 50$ in a blink. I'm following what Nazgul said at some interview, and just playing really good hands at micro limits, just slowly grinding until I adquire more experience.
Last sunday
On a side note just recently I won a 3$ subqualifier to a 26$ qualifier to the 300K$ Sunday Partypoker tournament. Actually I won 3 of those subqualifiers, but I just won once the 26$ qualifier so I played the sunday tourney last sunday. Sadly I lost after the 2nd break and got 500th position, just got 1 AA and from there my best holding was AQ. Not my best tourney but I will try to qualify again through the same method.
The Future
I don't really see myself doing anything else than playing poker to earn money. Luckily my dad earns enough to give me comforts so that I don't have to work while I'm studying at the university, and that gives me plenty of time to poker everyday.
I'm gonna be a winning high stakes player. And from there I will be a professional poker player. I know I can do it, but I also know it will be hard.
Good luck to all, see you next week dear blog.
Locoo20
PS: next entry will be much more entertaining and fun. Actually I dont expect anyone to fully read this until I'm fairly known and have the monnies, then hopefully new players will read the beginnings.
was just blog hunting, or blog stalking w.e
found this to be extremely motivational
we all think we try hard don't we?
new goals:
30 hours a week in live poker
15 hours a week for CFA1 exam
10 hours a week networking, sending emails, calling firms, learning the industry
Hello, some of you may know me not by David (my real name) but as naranjito, an ex brood war player from Peru.
My motivation in creating this blog is to keep track of my success/failure and to know if I'm really cut off to be a professional poker player (that's my main motivation, although very improbable, but I'm gonna try).
My goal is to sustain myself with something that I really like to do, and not what I must do (boring works, etc). Although my ultimate goal in life is to make a movie (or several) and for that I need the monies. Monies that I will earn from poker (a game I'm really enjoying as of late) hopefully.
The Start
So, long story short, my bw mate iG.Fenris talked to me about pokerstrategy, and how I got 50$ absolutely free to play poker at party. I didn't believe this at first but everyone in the bw community was talking a lot about poker, so I really wanted to try it, and got my first 50$ in January, about 4 months ago. I have a lot to thank to Fenris even if he just casually talked to me about poekrstrategy. He isn't much known here I guess but he makes a lot of money from poker, high stakes.
From there I learned everything I could from the pokerstrategy articles, and since I thought the shortstack strategy which they promoted was really gay, I decided to play with a full stack since the beggining.
I realize now that I got mass lucky, because I earned up to 150$ in my first wekk, by playing a lot and basically going all with in NL10$ just with Top pair, top kicker on the flop. Crazy ignorant days.
I thought poker was sooo easy, that I cashed out the 100$ that I earned and was ready to try again, little did I know that I was going to lose my last 50$ in a couple of days.
From there I decided to really put effort into learning the game properly and bumped into this great place Liquidpoker.net, I've learned a lot from this and pokerstrategy. I gotta come clean and say that I'm still a breakeven player at NL25$(but huge winner in NL5$ and NL10$), a winner in MTT's and a small winner in SNG's.
Bankroll
I have a 650$ bankroll at partypoker. I have cashed out all my tourney wins to not lose them like I lost 400$ in cash games NL200$ from a tourney I won. I'm not gonna make the same mistake. I have a "potential bankroll" at my bank account of about 1200$ from my tournament winnings, but I'm not gonna deposit that again until I'm a big winner at NL50$, and I'm ready to go to another website to take advantage of rakeback and promotions.
The Present
I think I'm getting better at this game, but my main weakness is that I still get bluffed a lot and fold better holdings. I play a little too scared sometimes, and sometimes (although much less than before) I tilt and can lose 50$ in a blink. I'm following what Nazgul said at some interview, and just playing really good hands at micro limits, just slowly grinding until I adquire more experience.
Last sunday
On a side note just recently I won a 3$ subqualifier to a 26$ qualifier to the 300K$ Sunday Partypoker tournament. Actually I won 3 of those subqualifiers, but I just won once the 26$ qualifier so I played the sunday tourney last sunday. Sadly I lost after the 2nd break and got 500th position, just got 1 AA and from there my best holding was AQ. Not my best tourney but I will try to qualify again through the same method.
The Future
I don't really see myself doing anything else than playing poker to earn money. Luckily my dad earns enough to give me comforts so that I don't have to work while I'm studying at the university, and that gives me plenty of time to poker everyday.
I'm gonna be a winning high stakes player. And from there I will be a professional poker player. I know I can do it, but I also know it will be hard.
Good luck to all, see you next week dear blog.
Locoo20
PS: next entry will be much more entertaining and fun. Actually I dont expect anyone to fully read this until I'm fairly known and have the monnies, then hopefully new players will read the beginnings.
was just blog hunting, or blog stalking w.e
found this to be extremely motivational
we all think we try hard don't we?
new goals:
30 hours a week in live poker
15 hours a week for CFA1 exam
10 hours a week networking, sending emails, calling firms, learning the industry
Any of you guys know a good book on charting or technical analysis for beginners? I want to use metastock but feels like it looks so complicated for a beginner i get lost on the terminologies alone.
As for life updates I've been messing around with stock trading(marginal success) and reading books on importation/export just in case something comes my way. Life is much more stable on all fronts since quitting poker but I might start to play again soon just so that i dont keep withdrawing money from my savings.
Took a break from watching too many movies and it's good that there's just shit out there since being inactive. Looking forward to spiderman and batman plus some other ones but mostly just watch stuff in the movies and rarely downloading.
It's funny since I've been dreaming of having money and not having to worry about poker for the past 5 years and now that I'm living that dream I don't really feel that much different lol. I need something more concrete to do that is not online nor poker related to be around people more, I tried forcing it by going out a lot and I ended up drinking almost daily and my age is starting catch up to me since alchohol zaps my energy the following day. The LP force is still very strong with me though so I've still been checking almost daily haha.
^^ will sasso, chris delia and bryan callen. standup comics who just fuck around for 10minutes. its a good breather from those joe rogan podcasts which take hours of your time but I still always listen to Joe because it helps me a lot in getting great perspectives in life.
I got jesus seat on a super fish. This guy's beautiful, he'll ship pf with almost anything and is only slighty tighter postflop. Dud'es sick lucky tho, I've lost 8 buyins to him so far and he quickly ships those to the guy on his right.
This is still less tilting than MTTs
-e- Most tilting thing is that I feel obliged to sit when I'd rather go out for a smoke. I just got a a bit under a buyin back though (rake is annoying)
-e- fishy finally left, table instabroke, and damage totals at 7 buyins
Excuse me for a moment, I like to have a cigarette after I get fucked
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