Strategy description

Vidroh BN  is a directional intraday option selling strategy with BankNifty  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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