Mmm, More Houses

My wee lil' Full Tilt roll eclipsed the $200 mark last night, which I'm taking an inordinate amount of pride in, as far as starting with a buck and change. I'm having a hard time sticking to Jesus' guide to bankroll management, though, as far as never buying into a cash game with more than 5% of my roll. I can see the bankroll management wisdom in it, but I'm just not quite that patient.

It's been interesting playing solely cash games again, as I'd been donking around in snGs and MTTs for quite awhile, with only a bit of cash games here and there. Definitely not as exciting as playing MTTs with big payoffs dancing before your eyes, but I'm finally remembering that umm, yeah, this cash game stuff isn't exactly rocket science, especially if you're patient and have half a poker brain.

(And yes, I know, I'm pontificating about nosebleed .25/.50 stakes games. Indeedy.)

Still running full-bore on all my other assorted pursuits. I've been pretty much on fire on the trading front, with my IRA account (the main vehicle I use for shorter term trading) up nearly 70% on the year. Hands down the biggest reason for the gains isn't any wisdom or intelligence on my part, but finally learning the lesson to respect my stops and not be stubborn, as that's what has always killed me in the past. Definitely taken more than a few lumps here and there but I've avoided any big losers, and been lucky enough to hit a couple of home runs here and there with fairly substantial positions.

Primary play at the moment is loading up on puts on my old friend Cryptologic, which reports quarterly earnings tomorrow. Their last quarterly results were pretty terrible, and they've already warned of more of the same this quarter. While they've got new licensees in the mix this time (Playboy and WPTE), their network traffic numbers have been slowly eroding, and one of their big licensees Will Hill has already released results that show struggling poker results. The company's long-term prospects are still pretty good, but I think there's a good chance that the quarterly numbers tomorrow are bad, kneecapping the stock back down to the $15-$16 area.

Just about to pull the trigger on making an offer on another investment property, as soon as a few ducks get lined up. Still kind of blows my mind how quickly I've gone from apartment dweller to wheeler and dealer of real estate, but there you go. Makes me wonder what the heck I'll be doing 5 years from now, or ten years after that.