created : 1 year ago| | live deployment: 1
created : 1 year ago | live deployment: 1
VIDROH Nifty 50 Directional option selling hedged
by: Sapys Finserv
Strategy description
Vidroh Nifty is a directional intraday option selling strategy with Nifty as underlying.
Risk Management :
1) Hedge is always in trade
2) Day SL , per trade SL .
3) OTM options sold to reduce risk .
4) Limit order instead of Market order to avoid freak trade .
Algo basic information :
Capital : 45000
Start Entry time: 9:15
Entry cut off: 2:45
Profit booking: Dynamic Stoploss – Fixed
Numbers of trades per day: 8 to 12 (Approx)
How to use Algo :
1) Always keep multiplier as per RISK Capacity : Donot increase the lot size beyond risk taking capacity .This is the most important thing to keep in mind to trade for long term .
2) Error Management :
a) Donot forget to generate token everyday .
b) USE notification feature of tradetron i.e for new positions and error , get info via email , whtsapp , telegram , call .
c) Keep enough capital for algo to trade .
d) Keep minimal manual intervention in trading account .
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