The stats here are all relative. I've rarely lost $100 a day, but on the other hand, I've lost $100 on one hand.
A word of warning: if you think about your funds and manage your bankroll thinking only about the best/worst days or best/worst hands or best/worst tournaments, then your focus isn't right.
Poker - at least poker for consistent profit - is a long term game. Because it's a game which combines skill and luck, the variance can be very high indeed, which is why you need a bankroll several times the buy-in of your level of play to weather the bad days.
As an example: I recently cashed out all but $40 of one of my accounts - I play mostly small stakes for fun, but turn a good profit and bank around $100 a month from 4 accounts. But with my remaining $40 at UB poker, I've set a challenge - to play $1 sng tournaments until either I make it to $150 or I crash. At $150 I graduate to $5 tournaments, at $300 to $10. At all times, I must keep a minimum of x20 the buy-in to stay at a level.
I know that over time I can win at each of these levels, but the x20 is the only way of handling the variance. Fact is that in any given tournament, my AA can be busted by a weaker hand and out I go.
I'm currently knocking around the $60 level, still miles and miles from my $150 target. I keep a full record of my performance.
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"Happy families are all alike; every unhappy family is unhappy in its own way" Leo Tolstoy, Anna Karenina
If you can keep your head when all about you are losing theirs.........(Kipling)........you probably aren't in possession of all the facts....(Anonymous)
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