Many claim that inaction is worse than doing things wrong, because mistakes help you learn how to avoid committing the same errors in the future. This is generally true, but it doesn’t quite apply to poker, because if you do the wrong thing over and over again, you will end up losing all your money. Beginners are particularly vulnerable to ample swings and unless they correct those mistakes quickly, they might not have a bankroll at all by the time they realize the error.
When mired in lengthy downswings, players need to realize quickly whether they are bleeding money due to bad luck or if there is something wrong with their strategy. Surviving downswings is one thing, but in order to keep them in check and make sure that the losses won’t grow out of proportions, it is vital to run performance reviews. The name speaks for itself, because these reviews are conducted many hours after the poker sessions came to an end.
While at the tables, it is much more difficult to see things clearly and players tend to find excuses to justify their errors. An unbiased review is going to highlight the mistakes and it much easier to identify those flaws if you use a poker tracking software. These applications do much more than distinguish between tight and loose aggressive opponents and also collect information about the software owner.
The more hands you play, the more relevant the results of these performance reviews will be, so it makes perfect sense to compile more information. A couple of bad beats don’t necessarily amount for a downswing even if the money lost would indicate such a slip. There is no point in looking at a chart if you only analyze the data collected over one or two weeks, as such results are inconclusive.
Going on tilt is bad enough but has very little to do with genuine downswings, so if it is the cause of massive losses, different actions need to be employed. Micromanaging a poker session requires some degree of discipline, but it can be done much easier if you follow a strict set of rules. Knowing when to sit out depending on how much he won or lost is the safest way to consolidate winnings while minimizing losses. On the long term, performance reviews and proper bankroll management are the only reliable safety nets for inevitable downswings.