Originally Posted by
stiff
I've been reading SBR for a few months but this is my first post.
With everything discussed in the forum I haven't seen a thread that gives thoughts on the best way to manage your bankroll once you've had some success.
Say in a normal month you win or lose or -$2k to $2k....you hit a hot streak and all of a sudden you're up $20k. What is the best way to proceed?
It seems I find myself in this situation once a year and inevitably I get about $5k pulled out before I squander the balance. Partially because I'm scared of the consequences of pulling it out and large sums and depositing say a $5k check in my bank account and partially because my tolerances on wager amounts get inflated and the the same recklessness that grew the bankroll catches up to me.
Any thoughts from posters that have success in this position?