Happy New Year

With the start of the new year, I am going to begin my personal challenge. I guess I should finish up my draft post (hopefully this will take place by tomorrow) and finish outlining my goals.

We are having friends over tonight, so I don't think I will get it done before then.

Originally I had thought about starting with $100, then I said to hell with it, and cashed out everything, except $10 I had on Absolute. I have played on this the last few days, grinding it up to $25. but I was playing $0.02/$0.04 limit, but it hasn't been the most rewarding experience. I cashed everything out before I won my Aussie Millions trip, so that kind of changed things.

I was looking forward to playing some live poker at the Crown Casino in Melbourne, but upon further investigation I realized that they have a ridiculous rake. They charge 10% + an hourly rate. I'm not sure I am up to going that route now. I might mix it up a little, but not likely a ton. Besides I will be playing 14 hours a day while in the tournament, which is going to be exhausting since I am not really used to it.

So If I play while in Oz the majority of it will likely be online.

I have decided to use an initial bankroll of $500, and shoot for a weekly goal of +7%. At the end of the year I would have about a 20k bankroll. I am going to vow to always play inside my bankroll. And my initial limits will be $11 STT's, $3 MTT's, $0.50/$1 Limit, and $0.05/$0.1 No Limit.

I'm pretty certain I can achieve a 7% rate of growth, especially at the lower limits. I am going to come up with a positive withdraw plan too. I definitely plan on taking some of my profit, I am just not sure of the frequency at this point.

That's all I have to add right now, I just got a call from my wife and she was involved in a car accident. She is fine, but our vehicle didn't fare so well. I have to attend to this situation now.

Gl at the tables!