No doubt you will make enough in limit poker to make up for the variance if you're good. This is true of any game which is a combination of skill and luck. In fact the skill/luck ratio is just another way of saying how much variance you can expect from a game. In the the case of limit poker, you simply don't have that much of an edge. Play is mechanical, very little bluffing etc. Which means if you hit a very bad run you are pretty much helpless. In NL however the skill/luck ratio is much bigger. There are many things you can do if you hit a bad streak, especailly since the blinds are somewhat small compared to the typical preflop raise you can tighten up considerably if you want. Or you can increase aggression to stop people from drawing out.
So yes you can make money at limit, ( I made lots at 5 10 before switching to NL) however if you value your cordless mice (I have not exploded one against the wall since switching) and you put in the considerable extra effort it takes to get good at it, you will do even better at NL.
PS. I quit Limit after a particularly bad run at 5 10, and i mean a mind bender. I lost so many str8, flush, boats etc to insane catches I couldn't even keep count, and although the amount I lost during this time was significan't, it still was a small part of what I had won up to that point. I had always had trouble dealing with the smaller runs of bad luck, and this one just put me over the edge.
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