Position Sizing
Posts about how much to put on — initial sizing, adding into positions, and risk-budgeting discipline.
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Why I keep a 20-30% hedge ratio...
Before the end of the decade, the market is likely to have a problem. The problem is that these things take a ridiculously long time to actually materialise though
Vol doubled. I traded half as much
When vol doubles, I trade half as much. Volatile markets feel like opportunity everywhere. 2% daily ranges. Headlines every hour. Setups on every chart.
61% hedged. And I'm taking it lower.
"Hedge your entire portfolio so you're fully protected." Sounds responsible. Until you do the math.
15% in a month. That's not a win.
Made 15% in a month on a position I expected to take six months. Most people would celebrate. I started recalibrating.
Gamma flip is not a trade
A lot of traders think finding the gamma flip level is edge. It just simply isn’t.
High IV doesn’t make the trade good
If your first thought is “IV rank is high, this is attractive,” you’re missing the point
How I size these post-shock adds...
Were you triggered by last week's 15–20% crypto dump?
Most hedges solve the wrong problem
A lot of traders react to moves that aren’t actually risky. They’re just uncomfortable.