Throughout the course of playing, you will need to think about moving up stakes when the time is right.
You will also need to realize when it is time to drop down in stakes for a little while.
Here are some factors to look for when deciding, and tips for easy transitions into these new stakes.
MOVING UP STAKES
When your bankroll grows substantially, it is usually the time to consider moving up in stakes.
You don’t want to jump head first into the new higher buyins, and for good reason. There are many adjustments that you’ll need to make at this new level, as well as new trends that you’ll need to adapt to.
You also don’t want to get immediately crushed at this new stake and have to drop back down right away. This can do a number on not only your bankroll but also your confidence.
Start by playing a small amount of tables at your new stake, and review your hands afterwards. Ease into this new stake, and as you gain confidence and comfort you can add more games. Keep it comfortable, and don’t force it.
“Those who do not move, don’t notice their chains.”
MOVING DOWN STAKES
When your bankroll takes a substantial loss or when going through a tough downswing, it is often worth considering dropping down in stakes for a period of time.
When I return from the WSOP after getting killed, I generally step down to lower stakes then I should be playing according to my bankroll. It helps me stay sane, and it gets me back on track again quickly. After I win some tournaments and my game feels good, I can comfortably and confidently return to the higher stakes again.
BANKROLL AND SKILL SET
Ultimately your bankroll and skill level should dictate what stakes you should be playing, and whether you should move up or down.
Take these two factors into consideration and be honest with yourself about them when deciding what stakes to play.