Monday, 31 January 2011

Move along January...

Bleh, poor start to the year.

Work: Shit. The other lass who helps produce the papers has been in hospital and off sick a lot. Putting together three 8-page newspapers in a week from scratch yourself is a lot more work than it sounds. And it looks like I'm going to be doing it again this week as she's off again today and text me tonight saying she's still bad for tomorrow. Without question she's not well though, one of the most committed employees I've worked with actually. Get well soon.

Poker: Shit. I played a couple of really long, heavily losing sessions to start the month. Obviously forgot how to play after a long break. Infact, that is actually true. I un-learned tilt control and was emotionally edgy for the two sessions. Cue spew and heavy loss. Have scrambled to dig myself out of a massive hole and have done to a certain extent, but still will be finishing January with a £1k poker loss :-(

Shares: Shit. After the quite ridiculous commodity bubble Q4 2010 and the first two market days of 2011, I have just seen red day after red day. It's pretty depressing logging in to see -£400, -£300, -£500 day after day. I've actually made a paper profit of £2k this month, but discounting the first two market days I've seen loss after loss total over £5k.

Health: Shit. I got majorly fat after Chrimbo and into freezing January. I got an infection the second week in Jan and was in a right state. Cold sweats on top of the usual flu shitty feeling, and I had to do a full week at work as my colleague was in hospital! Not my best week! On the 16th I was 15st 3lbs and looked a mess. Slapped myself around a bit and am on a mega diet and bike routine for the next two months at least. Happy to report I've lost 7lbs in two weeks though and am on track for being sub 14st for holiday.

I've also paid for a stag weekend, a week in Egypt end of March (gulp!) and have another weekend golf trip to pay for shortly. I'm pretty badly skint at the moment as I can't withdraw from poker as roll is much shorter than normal, and any share profits are locked up for the time being. I'm hoping newsflow allows for a big sell off in ~6 weeks as I want to get some assets moved around to be more tax efficient and hopefully avoid CGT this year.

For the last week or so I've grinded NL50 pretty hard. Incidentally NL50 is a total drool fest compared to NL100 for anyone who's teetering on that brink. The regs are miles better the next step up and there aren't any juicy loose-passives to hammer into oblivion either. At least this is true of FTP RUSH, the gulf between the 50/100 levels there is huge.

The grind will continue into Feb where I'm planning on playing a much heavier schedule, as long as I'm not completely head fucked from work Mon-Wed. Initial target is 70k hands but this is far from concrete as I will not make the mistake of playing when mentally ill-prepared again. Lol remove "prepared" from last sentence...

Bring on the lighter nights, better winrate, good weightloss, shares grow and happier blog posts. Good luck all :-)

Friday, 14 January 2011

January Poker

Nada, zero, zilch... absolutely none whatsoever... and half the month gone already!

Have been using my time off to research potential investments, work out their timelines, and how this coincides with my current investments and then under which wrappers to make my trades. Bit of a logistical and risk management nightmare, but one I've really enjoyed working out! I feel like I'm very well prepared and at the risk of sounding repetitive - am very excited for 2011.

At the start of the new year the majority of sectors went crazy, mine included, and I've made superb gains. Those have been cut into somewhat with delays these last couple of days, and I've seen £7k gains erode to £4k. Not disheartened though, just means another 6 weeks to wait and a slight rejig of my timing plan. Did you buy BEM after my end of Nov tip? You'd be on ~90% profit about now ;-)

Anyway as it's looking like I won't be selling some holdings this month, I could do with banking some cash at poker! I shall be attacking the RUSH tables starting this afternoon and continuing a heavy weekend schedule for once, as it's looking like a quiet one on the social front. Good luck all :-)

Friday, 31 December 2010

December and 2010 wrap up

December - awesome
2010 - EPIC

Played a decent volume last few days to put December at £2.2k including rakeback and bonus. Well I say December, more like a week and half of proper graft, working out at a very healthy £60 per hour on 20 winning sessions out of 23.

The share portfolio rallied late today after a poor post Xmas period, with the major holding XEL finishing 2010 at 383.5p - a nice ~420% from the 70p I first bought at.

2010 has been a very successful year for me, not just financially but on a greater whole, soul-fulfilling way too. I'm not in the mood for a waffle (see my January posts this year for that kind of stuff!) but the frame of mind I started to distill at that time has grown and developed with good application this year, and I feel great going into 2011. I am very excited about what the next year will hold, and the short term next five years in general. This promises to be a life forming time and I can't wait to see what the future brings and how I can hopefully continue to have a positive assertion.

I hope you can look back on 2010 with half a big a smile as I can, and I wish you all the very best for 2011 - make it happen!

Happy New Year everyone :-)

Friday, 24 December 2010

December coming to an end...

I've not done what I set out to do in my last post - have only just finished my first session since the last graph. Thankfully it was a nice winning session of £400+ back at NL100. So Dec is looking good despite poor volume. Work has been pretty manic, a fairly busy social schedule and then all the Christmas rigmarole I was being a tad overly optimistic!

I hope to be able to play a fair bit before New Years as I've still got a bit of bonus left to clear and I'd really like to end the year on a high. Not that it isn't already. XEL shares have made me a shit load more money, with some more nice gains across the rest of the portfolio too. This should continue into the new year as nearly all my companies have been seriously delayed with the harsh winter in northern Europe. Passive income feels so good, I really envy people who can live off it. Hopefully 2011 will see some big strides towards it!

Anyway I hope to log ~15k more hands in Dec, clear the rest of my bonus, bank a £2k poker month to take into the new year and set out some new plans.

I didn't do any poker achievement aims for the year, more just a general approach and mindset, which overall I feel has been excellent. Yes I've slipped here and there, but this has been the most consistently focused I've been and it's been by far my most successful year. Yes a £28k score helps, but even discounting that 2010 has been great. I had two months where I logged a minor loss, one of which where I barely played. Totting up poker has amounted to ~£46k for 2010 not counting December yet, and would be £18k tax free without the EPO score. Share dealing has been absolutely ridiculous run good since my first purchase in July and I'm currently holding £20k in profit.

Writing all that down makes me wonder where it's all gone. That is an awesome year! I think a few £thousand has gone on developing my new physique for sure! Feels good to have bought a flat and have something solid (which again should hopefully grow) as all my cash is floating around in cyberspace and is just a number on a screen! When that extra digit appeared on my ISA balance though that certainly felt good! Roll on the next one... :-)

Anyway hope you all have a great Christmas, I'm going to enjoy some family time and get fat(ter)! Wishing you and yours all the best :-)

Sunday, 5 December 2010

Rush Week roundup

Grinded the NL50 RUSH tables this week for the FTP Rush Week promo. Graph above includes $500 Black Card bonus and the $250 for getting 1k points per day in the week. So all in all a pretty profitable week at NL50 - over £50 per hour - good job too as I am really poker-skint at the moment.

As you can see...cliffs from the graph: I WILL MAKE YOU FOLD!

I decided to make some very general observations and create a gameplan from there. Basically, RUSH was a nitfest this week. So I should be able to define ranges well, and the vast majority of the time you miss anyway. So phrase for the week was 'bombs away' and I tried to win every pot. Will definitely have to tone this down when I move back up.

Didn't include the EV line as was too much clutter, but it was $10 under the winnings line. So I ran average, which is a good job as playing as aggressive as I did could easily have been messy. I'll take average!

The bit around 21-24k hands looks like I forgot how to play poker. Well basically, I did. That was me playing on Saturday after a house party at mine on Friday night. I left playing really late and had to grind for a few hours outside of happy hour, which seemed like a lifetime with a sore head. Job done though and I didn't bleed too heavily. Started off on a big loss today but managed to claw back a win and round up the week nicely.

I've seen a few people 12 tabling RUSH and as I only play 4, this is quite intriguing. Will have a play with Tableninja and see what I can get going, afterall I've paid for the full version which I'm not using atm.

Will have a couple of days away from the tables now I think, but still hoping to post 70k+ hands for December, definitely going to put a good shift in. Can't wait for the market to open in the morning, weekends are boring!

Good luck all :-)

Monday, 22 November 2010

Oh hai blog!

Yeah so I've not blogged in what seems like an age. What's worse is that the front page of this thing has had some kind of weird X Factor gay homage post doing my online rep the world of good. Anyway...

I've moved into my new flat, kitted it out and finally got proper internet in a couple of weeks ago. Loving 3D PS3 action!

I was quick to want to play poker having had such a break, and I made a bad decision. My desk wasn't finished, I wasn't properly comfortable and I played the three nights of the week where I had work and was more tired than normal. I still continued to play three nights after big losing sessions each time. GG £1k. I also ran -£800 in EV but that's not the point here, I made a bad decision and I'm mad at myself.

So have imposed another break and shan't be playing till I've finished work for the week, and even then I'll probably wait till Friday.

Haven't missed poker that much to be honest, I've been so absorbed in other things. The whole moving process is pretty labour intensive I must say, and I've still got my previous address to fall back on so it's a phoney move really. Fuck knows how long it'd take me to sort out a proper one. My flat came fully furnished but fucking hell you still have to buy an absolute ton of shit for it, and then everyday you realise you still need to get that one thing...I am 99% sorted now though, with just some shelves to go up and a couple of doors to sort. That'll be done at the weekend.

Share dealing has been taking up the majority of my leisure time, and get this, has an outside chance of becoming my biggest earner for the year behind poker. That is such a pleasing statement to be able to make after the success I've had.

Bet none of you still bought XEL after another tip on here, it's at £2.50 now from it's last tip at £1.12 and ~300% up from my first tip in August. Granted that's slightly above the norm, but hey ;-) My RRL tip would have also netted you a slightly disappointing 10%, but still better than any savings account! Next tip for free money would be BEM. I'll post back again when it's ~40% up before Christmas and maybe then you'll start listening ;-)

My whole portfolio had a nightmare today too, with some delays causing a small loss on a couple, and across the board poor performance anyway what with the Euro being a bag of shite. Pretty happy with who I'm invested in though, it pays to be well researched, quite literally. Here's to a promising end to November and kick on into December. Just hope I can break even at poker this month...

Good luck all :-)

Monday, 18 October 2010

Unlucky imo

Hard lines Ben (left) on his group's exit from The X Factor last night. Always next year.