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December 17, 2008

770 $ Irish Coffee's

Blog by : QuietStorm

After weeks of 'deciding' when would be the right moment to cash out my hard-earned dollars and convert 'm to euro's(without any knowledge of the subject, just watching the graphs go up and down), Barak Obama revealed his plans to restore US economy, the $ vs. a‚¬ exchange rate was at 1.268 and the weekend was about to begin. I had found my 'perfect moment'.

Later that night, after 8-10 beers:

- 'I have to get up early tomorrow'
- 'Yeah, me too, it's only 01:30 though.'
- 'One more, then we go home?'
- 'Ok, but let's finish in style*' *in style has somehow a high correlation with whiskey
- 'We 're not going to drink whiskey, are we ?'
- 'As long as we only drink one... blabla... in style...just one'.
- 'Ok, just one, that's perfect, because I have got to get up early tomorrow anyway...'
- 'Yeah, me too'

boys will be boys
so it ended up
very Ramones-alike :
1,2,3,4

RESULT :
difference between cashing out at the perfect moment and cashing out today = -770$

LESSON :
1. There's no 'tomorrow' in 'Now would be a perfect time to cash out'
2. Waiting for 'the thing' to 'drop down once' wasn't +EV

TO-DO
Start From Scratch - deposit 500$ on FT & Stars - play 50k hands FR 0.1/0.25 before 1.1.2009
Grind 50NL for 200k hands in january.
Move up to 100 NL 1.2.2009

VIDEO
Sean Price (the brokest rapper you know) - PLAY LOUD

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