Rule #1: Survive
"If you have chips, you can play."
Defence First
Amateur traders wake up thinking: "How much can I make today?"
Professional traders wake up thinking: "How can I protect my capital today?"
The 50% Rule
If you lose 50% of your capital, you need to make 100% profit just to break even.
Math is against losers. Protect your downside aggressively.
*Disclaimer: NSE/BSE frequently revise Lot Sizes and Expiry Days (e.g., SEBI Circulars 2024/2025). Always check the latest circular on nseindia.com before trading.
Standard Disclosure: Investment in securities market are subject to market risks. Read all the related documents carefully before investing. The content provided here is for educational purposes only and does not constitute financial or investment advice. AlgoStraddle Academy is not a SEBI registered investment advisor. Trading options involves high risk and capital can be lost.