How to increase your winning percentage and survive operator games?
If you generally take 3lots take 1. If you generally take 10lots take 3.
Imagine what all you can do with remaining money you held back
If your direction decision was wrong, you’ll lose less. If your direction decision was right but market temporarily goes in other direction, you will have lesser anxiety and option to average.
You’ll still be left with option to average more later if required.
But if you use all your comfort capital at the start you are left with no comfort room
Operators and strong hands know that and take advantage. They know you’ll throw in the towel if stressed beyond a point
Always take v less lots. You should dare market to take all. It won’t in most cases if you do your homework right.
Even one lot of options has 5lac equivalent exposure.
Never bet everything immediately.
If you lose, lose gracefully admitting that your homework was deficient. But your homework can be proved wrong only if given sufficient time to be checked.
90% traders lose despite being right 50% time. Because they throw in the towel. Make this change and see magic happen.
