The Concept of Take Profit
Mods - please move this if it can be placed better elsewhere.
Just wondering on differing views with take-profit levels (for those not in the know: the opposite of a stop-loss, where one stops the session to book the profitable win).
In particular, what are opinions on setting a take profit level (say, 2buy ins) in different scenarios:
- After a downswing
- During a busy period of the players' life
- Noticing tilt signs / playing C or B game, rather than A game or in the zone
etc etc
Had a couple of sessions lately where I would be in profit quite heavily, but end the session busting my stack, or at least significantly reducing profit (if playing online); so is there, should there be and where is the line in the sand?
xo
Just wondering on differing views with take-profit levels (for those not in the know: the opposite of a stop-loss, where one stops the session to book the profitable win).
In particular, what are opinions on setting a take profit level (say, 2buy ins) in different scenarios:
- After a downswing
- During a busy period of the players' life
- Noticing tilt signs / playing C or B game, rather than A game or in the zone
etc etc
Had a couple of sessions lately where I would be in profit quite heavily, but end the session busting my stack, or at least significantly reducing profit (if playing online); so is there, should there be and where is the line in the sand?
xo