OK, if you use the Catch 22 and do not adjust those, you are probably not giving up much. The other index plays have a diminishing impact on your overall results, and merely shifting the index a couple of numbers further from zero is still better than not using that index at all. But, right is right and wrong is wrong. If you don't commit more indices to memory, I wouldn't take much issue with that. The return on effort diminishes as you add more and more index plays to your repertoire, and how far to go with that is a personal decision. But if you know an index and don't use it, that is throwing money away. If you know a play is correct, and you would play it correctly for $100 or $500, why would you not also play it correctly for $5 or $25? The size of your bankroll is irrelevant as long as your bets are correct for your bankroll. The risk averse indices already ensure that you are maximizing the risk adjusted returns rather than simply maximizing EV.
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