I finally learned the importance of sizing down during uncertainty. I used to keep my trade sizes consistent, but this month, I cut my risk in half on a few uncertain plays. Sure enough, two of them tanked, but the smaller size saved my account. Do you adjust your position sizes based on market conditions, or do you keep it steady no matter what?

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Sizing down during uncertainty is the #1 survival skill. When volatility is high, I cut position sizes and widen stops to avoid getting whipsawed. When things are calm and trending, I go bigger. The market isn’t always the same, so why would my risk be?

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Hello All,

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Additional Posts in Option Traders & Investing

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likehelpful

10/06 Thread (BC):

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Bets videos on YouTube to learn to sell covered calls

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$DPZ 370c 3/27

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3/23 Thread (General):

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[Help]

I started trading during Covid crash. Started with equities and eventually moved to options. Earlier lost a month's salary and then lot more trying to recover it. Currently have lost my yearly salary worth and it's affecting all aspects of my life (job, marriage, health). I have tried to convince myself to consider it a loss but always get back trying to recover it.

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6/16 Thread (BC):

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Potential opp on the short side for TSLA?
- X

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Love that in true form I chose the 1 red meme stock. 😂💎💎💎

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My play for next week:
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8/12 Thread (General):

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