(1) You only make money from other peoples mistakes.
- Find tables with fish
- If opps are same level as you, chances are you will lose money
(2) Track record is the only indicator of successful strategy
(3) Consistency and patience!
(4) Be calm and rational when playing
(5) I have lost the most money playing loose/aggressive
(6) Dont learn strategy by watching WPT or WSOP. (They dont show you all the hands, just the exciting ones)
(7) Read some books
(8) Intimately know your leaks
(9) Intimately know what opp weaknesses make you the most profit
(10) Read some books
(11) It has to be enjoyable!
(12) There is no such thing as bad luck just bad play
(13) Dont play when sleepy or mad
(14) Find high-reward / low-risk tables
(15) If your not calm, stop playing! I have a hard time doing this especially after a bad beat
(16) Dont count the win unless the pot is on your side of the table.
- I have had soo many semi-nut flops/turns only to be steamed by (bad) beats on the river
(17) Dont be drawing dead!
(18) Dont play above your bankroll or comfortability range.
- When you lose money they become extra stressful and put you in a not clam mood.
(19) Dont mix strategies (e.g. Limit vs NL, SnG vs Ring vs MTT, 7-card vs holdem)
- This is a tuff one since what works in one might make it harder to know why you losing money in another. You might find yourself losing at both games (e.g. Ring vs SnG)
(20) Poker Tracker is good!
(21) Learn pot odds and outs