Texas Hold'em Poker Guide
It can be difficult for many Texas Holdem players to know when to stop playing. Players on a winning streak may want to continue playing forever, but a winning streak can quickly turn into a losing streak. Players who are losing may want to continue playing to see if their luck turns around, which often leads to even bigger losses. Stop Loss strategy is one method that players can use to determine when to walk away from the poker table.
Stop Loss strategy is based on a specific money value. You know that when you have lost this much money you will stop playing. For instance, if you choose $500 as your Stop Loss value, then you will quit when you have sustained a loss of $500. This does not mean that you will quit when you are down $500. Rather, it means that your total losses are equal to $500.
For instance, if you started the game with $1000, won $1000 more and then lost $500 you would walk away. You are still up $500 with a total bankroll of $1500, but you have sustained a loss of $500 over the course of your session. If you lose every game in your session, the most you can lose if $500. Once you have, walk away.
By using Stop Loss strategy you can take advantage of your winning streaks but avoid suffering huge losing streaks. Give it a try and watch your bankroll increase.