Thread by @SubhadipNandy16

A bit drunk. But need to get this off my chest publicly.

A few months back a large trader came to kolkata. Wanted to speak to me personally regarding some trading issues ( not models or methods, mainly psychology). He was a student of mine a few years back.

We spoke, issues I am not at liberty to discuss. Suggested some pointers.

What I noticed was his size, probably 20-50 times more than mine.

I did have the capital, but not the #jigar

Being from a middle class family, a school teacher mother and the experience of blowing up earlier, I was obsessed / fanatical about risk mgmt
So my size was small/managable at a max 0.25% max risk of my capital at any given trade

Now this guy set me thinking. I was not envious ( I envy only my school/college teacher friends due to their large number of paid holidays 😄 ), but thought why not increase my risk.

Used a variation of Kelly's , a version of Optimal F for position sizing ( naked options)

Started playing size now. As a result made the highest in my life in a 2 month in terms of absolute amount and ROI.

Thanks @asitbaran . Thank you from the bottom of my heart for pushing me 🙏