JD, haven't we talked about this before? And I don't me "we" as in this site, I mean "we" as in "you" asking this exact same question.
As I believe I told you before, like it or not, the guidelines you should follow are 300 big bets for limit and 20 buy ins (always buy in for the max) for NL cash games.
So, if your roll is $500, you can almost play $1/$2 limit (250 BBs), and $25 NL.
Sure, you can play above these limits if you want, but only if you are willing to back down if things don't go well right off the bat, or if you are prepared to reload if you lose your entire bankroll. If you have $500 online, but wouldn't mind ponying up another $500 if you bust out, then I have no problem with you using $1000 as your bankroll number when doing the above calculations... but if that $500 is all of your poker money in the world and once it's gone you are out of the game, then I would most definitely stick to those guidelines.
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