I am doing option selling in crypto, I earned profit many times but my problem is whenever I have loss in strategy then my one time loss is more than profit. Whatever strategy I used in option selling every time I have faced same problem. Is there any solution for this ?
I can share my experiences… The same things happened with me also previously, the only solution I got is to put SL on screen and stick to that. The other thing is set a logical RR ratio and book partial profit when the strategy works. It helps in long run any kind of strategy I uses on any kind of market.
Thank you for your advice.can you please guide me in which strategy I can set RR ratio. Because in crypto option selling RR ratio is always lower than profit margins and loss is highly impacted.
Sir, strategy deploying depends on you, infact every trader has different mindset, different profit and loss appetite so it’s only you who can choose which strategy suits you better. One thing I can suggest every strategy have it’s own pros and cons but moreover all strategy have the potential to make profit. Now you can choose by backtesting the strategy as per your expectations.
It’s designed in such a way..option selling will always have low RR only..but with higher probability of winning…..like we win 1 rs 7 times but lose 3 rs 3 times .which makes as altogether of 2 rs loss..because option selling designer in such a way like 1:1 RR only posible with 60% accuracy..
So u win 1 rs 6 times and lose 1rs 4 times which end up in having 2rs profit..but this 10 trade brokerage fees eat that 2 rs profit..
For a simple way find a daily range and have so as per that
You are right I tried many strategy buy I have faced same problem. Many youtubers claiming that they are earning regular money through option selling but they never share actual strategy.