created : 3 years ago| | live deployment: 56
Strategy description
Strategy Overview - MS - Wealth Booster
#EarnTheta, ShortVol, NonDirectional, Directional Buy, Range
This strategy is introduced by MS – MoneySuccess in 2022.
Strategy Description
The MS- Wealth Booster strategy blends conventional options selling with overnight directional option buying. It aims to capture Nifty movements through STBT (Sell Today Buy Tomorrow) and BTST (Buy Today Sell Tomorrow) setups. The counter runs from weekly expiry to expiry and exclusively trades Nifty weekly options.
Key Advantages
- STBT: Adapts to market direction changes quickly.
- BTST: Overnight directional buys help capture gap up/down moves.
- Diversified Strategy Mix: Combines both directional and non-directional approaches.
Key Highlights
| Parameter | Details |
|---|---|
| Type | STBT & BTST |
| Strategy | Directional, Non-directional, and Directional Buy (Directional or sideways outlook) |
| Index | Nifty Weekly Expiry |
| Target Profit | No fixed target; profit trailing after threshold is reached |
| MTM Stoploss | ₹9,000 (3% of capital) |
| Overnight Positions | Yes – carries overnight directional positions |
Strategy Details
- Capital Required: ₹3,00,000 (Average utilization ~80%, rising to 85–90% on expiry day)
- Average Trades per Month: ~125 (Entry + Exit)
- Entry & Reentry: Runs till weekly expiry or MTM trigger, whichever is first. Multiple entries and exits are possible during a counter’s lifespan. Fresh trades are taken the next day after an exit.
- Exit: Runs till weekly expiry or MTM trigger. No trades remain open on Nifty expiry day.
The strategy performs in directional and range-bound markets but may face drawdowns during choppy movements or unexpected reversals.
Share Code: bacd2a6d-b198-409c-8a94-12b8efbc71e5
Risk Disclaimer
Algo Trading helps avoid emotional trades, follow rules, manage money, and execute trades efficiently. However, there may be slippage, terminal errors, or technical issues. While the system is fully automated, it is advised to monitor your account for significant deviations. The provider is not responsible for any losses.
WELCOME TO WEALTH COMPOUNDING JOURNEY
MS – MoneySuccess
Happy Trading!
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