Strategy description

Strategy Description

1. Type: Intraday Crude after 15:30 PM, non-directional strategy
2. Capital Requirement: Approx. ₹5.5 lakhs for 1x LIVE AUTO deployment
3. Positioning: Shorting OTM strikes (both call and put options in pairs), hedged with far OTM
4. Order Type: Intraday but uses NRML orders
5. Entry Timing: Around 15:40 PM
6. Counters: Multiple counters per day
7. Readjustments: None
8. Final Exit Time: 11:30 PM
9. Order Management: Best Price with 20 revisions, at timeout it places market order
10. Market Conditions: Non-directional
11. Order Type: NRML and limit orders only (No market or MIS orders)
12. Expiry Management: Not required

Important Capital Management Guidelines

1. Traders are advised to maintain a reserve of 5-10% above the recommended capital to manage potential capital fluctuations during periods of increased VIX.
2. Once capital is adequately allocated and a token is generated between 8:30 AM and 9:13 AM, execution issues are rare (approximately 5% of cases).
3. If errors in live deployment occur, users will receive notifications via WhatsApp or a call from Tradetron.
4. Review the notification log in the deployment interface to address any issues promptly. Unresolved errors may halt the strategy, potentially impacting results.
5. If further support is needed, assistance is available through the Telegram discussion group.

Algo Strategy Awareness

Premium-based algorithms, which do not rely on specific trading signals or indicators, can show variations in P&L across users. This is due to differences in entry premiums captured by the broker or execution platform. Entry premiums vary based on Best Price availability in the Market Depth, leading to minor discrepancies in Stop Loss and Take Profit levels across accounts. Thus, while one user may book a profit on a trade, another may not, especially if the market reverses.

Disclaimer

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, membership of BASL, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Past performance does not guarantee future outcomes, and no warranties are provided. Investors must conduct independent due diligence and fully assess risks before making any investment or trading decision.