I have read many times to shoot for 20% profit, then leave. Is that 20% of your BR or 20% of your buy in? Opinions please......Ken
20% OF BANKROLL FOR ME. (which is actually a 120% position)
Start session with withsay 100 units and after ur wins and losses u finish ur session (honestly) with 120 units, and leave- then u have hit ur target.
Tables get harder the longer u stay on them, its too easy to stay on one table thinking the winning steak will last and last, better to win ahead of ur starting position and come back either another day, or, if ur still not tired- have a go on another table after logging out and in again. Altern, switch to another Casino.
Prob with switching casino's is u need multiple BR's and thats tricky to establish across say 7-8 differing casino venues.
Cheers Chris
Dear Ken,
In my humble opinion, it (20%) should be of the amount you are prepared to stake that day in total i.e., your day bankroll. But whether one should leave at this stage or not depends upon your day bankroll. Like, if someone has come up with $1000, he should leave when he achieves $1200 but if someone has $200 only, logically he should also leave at $240 but can someone resist the temptation of earning more. It all depends upon your techniques. If you are very sound with your techniques, you should try more and if won by good luck, Leave. Keep a good bankroll and leave when at a profit of 20%