Quote Originally Posted by mushin View Post
I have a 10k bank this year and started off with some bigger losses that put me down a fair amount. Now after a series of gradual wins I am have clawed back up and with a bit win in the past week I am now up $1000. I don't intend to pull any money out yet.... but I am interested in knowing what eveyone's thought process is on when to take money out of the bank? What criteria do you use for when to collect on your success?
Every situation is different. I never took a dime till bank hit 30 k. Even then, didn't take much - didn't need the money for living expense. Now it is several multiples later.

One important think to keep in mind - if you have calculated ror, those numbers are likely predicated on full reinvestment. Taking money from a limited bank could seriously skew those numbers. As well, since your likey goal is to find better games, you generally need a larger bank to play the higher stakes. On that basis, taking from your bank will limit your ability to achieve your goal.