Hello

My name is Carl and I am new to this wonderful forum and site and want to say hello to everyone.

Now, All summer I had been exceeding my expectations and was making a decent amount of money on the .25 / .50 NL tables on pokerstars. I had loved what I was doing and I felt good about my game... then tragedy struck.

I did something I always told myself not to do.. I moved up in limit too fast. I had about $800 for my bankroll and I got so bored playing such low stakes. I wanted a rush and something better - I got too greedy. If I wouldn't have made this move I could have continued my $200 a week in earnings that I had been averaging, which I was proud of. Well, I jumped to the $1 / $2 NL and I had two very very very bad beats that just destroyed my bankroll. AA losing to AK and AA losing to 55 with all my money in the pot both times. I then tilted and did a $100+9 SnG

Well anyway, since this has happened I find myself in pots where I do not know what to do. For example -

PokerStars Game #3094780893: Hold'em No Limit ($0.25/$0.50) - 2005/11/18 - 20:52:18 (ET)
Table 'Taurus II' Seat #3 is the button
Seat 1: ToredLonew ($47.35 in chips)
Seat 2: givememyleg ($53.95 in chips)
Seat 3: VICNL ($49.60 in chips)
Seat 4: xin1575 ($46 in chips)
Seat 5: Hellellen ($68.10 in chips)
Seat 7: Ribera10 ($44.90 in chips)
Seat 8: Gilbert256 ($12.80 in chips)
Seat 9: matadorny ($60.20 in chips)
xin1575: posts small blind $0.25
Hellellen: posts big blind $0.50
*** HOLE CARDS ***
Dealt to givememyleg [Kh Kd]
Ribera10: folds
Gilbert256: folds
matadorny: calls $0.50
ToredLonew: folds
givememyleg: raises $2 to $2.50
VICNL: folds
xin1575: folds
Hellellen: folds
cicatrix has returned
matadorny: calls $2.00
*** FLOP *** [6c 3c 7s]
matadorny: bets $1.50
givememyleg: raises $4.00 to $5.50
matadorny: raises $53.20 to $58.20 and is all-in
givememyleg: folds
matadorny collected $14.05 from pot
matadorny: doesn't show hand
*** SUMMARY ***
Total pot $14.75 | Rake $0.70

That was a ridiculous overbet and I think an obvious fold - but, but even faced with a reraise of $10 instead of $58 I would fold.. although I feel many people on the 25 / 50 tables would reraise with an underpair to mine, like QQ JJ or even 1010.

Basically I am very gunshy now, even if I have AK and an A flops I do not like putting money into the pot, and because of this I am losing money rather than winning like I was a few months ago... Basically I am undervaluing all of my hands after the flop / turn and even check the river with a decent hand scared of a big bet.... any advice?

(sorry about the rather long post)