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In America there is a term used known as, "The Peter Principle". The Peter Principle says that “A man is promoted to his level of incompetence”. Sounds rather funny, but it really is true most of the time. It is generally known as a business concept, but it can apply to poker as well.
When you say that a person is promoted to his level of incompetence, it really is true. A person does a good job for a company, especially in a management position, gets noticed and is promoted. As long as he is in a position in which he does well and gets noticed they are continually promoted to the next level. At some point Peter gets in over his head. His responsibilities are now bigger than he is. He does not delegate well, begins to miss deadlines, and is simply juggling his duties and treading water attempting to stay afloat. So he no longer gets noticed for his accomplishments, and stays in the position he is in. He has been promoted to the level to which he was no longer competent.
Now how does this apply to poker? Well you are your own boss, you determine if and when you get a promotion. The same principle applies except you are the one that makes those decisions as to when you move up. So you are now a subscription site poker player, a low limit player or maybe a home game $20 buy in tournament every now and again. You are the one who determines if you step it up to a different game. Do you take your game to a casino, and what do you play? If you are successful there do you step it up again in limits, or even No limit. If you continue to step up your game and increase your risk, at some point you could find that you are in over your head. Maybe you have reached a level that you are no longer profitable. But unlike the business world, you are the one who determines if you stay in a position where you are not the most effective, or do you step your game down for awhile to the levels where you were killing the game? There is no shame in it. It’s good business, to step down to the level where you were the most profitable. Stay there a while, build a bankroll, and when you feel you have grown enough, take another stab at the higher lever to see if you can now be profitable there. You may be profitable and comfortable in the higher limits for a significant amount of time, and get used to that level, but don't ever be too egotistical to step back down a level if you find yourself in the middle a bad run. It happens, but only the best poker players make the needed adjustments and demote themselves to the point that they are competent again.
Play at the levels that you are the most profitable and effective and you will have a long successful history with this amazing game.
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