You aren’t cashing 90% of the time, otherwise you’d already have thousands.

Or at least many hundreds, then play $20 and $30 SnG.

In ST SNGs, about 33% of the field (3 out of 9) cash. In a satellite, it’s generally from 8 to 20% of the field, depending on how much the satellite costs and what event it satellites you to. So it’s considerably harder to make it.

I recommend playing more MTTs (multi-table tournaments) to improve your ability. There are certain key differences.

For instance, in a STT, you can often build and establish a table image since you are playing with the same people the entire tourney. However, your table image is much less releveant in an MTT, since you’re going to move tables and play against completely new opponents every so often. Second, whereas you can play a bit more loosely in a STT in order to build up an early stack, the early stages of MTTs are a lot more about survival. Conversely, closer to the bubble, it’s wiser to play more loosely and aggressively, especially if you have a decent chip stack, in an MTT as opposed to an STT. This is if you are playing a standard, freezeout tourney, not a satellite. If you are playing a satellite, you don’t have to be #1, you just have to cash, so you actually might want to play more conservatively if you already in qualifying position.

There are a lot more differences between STTs and MTTs, so I highly recommend playing $2-$10 freezeout MTTs (FT and PS have tons of them) to gain some experience before going after satellites (which are much tougher than freezeouts).