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created : 9 months ago| | live deployment: 1
Strategy description
XT GOLD Strategy Overview
XT GOLD is an ALGO (Automatic) trading strategy for Intraday players to trade in MCX GOLD in India.
No strategy can win every time. XT GOLD is a time-tested ALGO strategy that gives a very good return. All you need to have is patience and faith in the strategy.
Trading Details
- Trade Timing: It will take trade at 9:05 AM and closes all active trades on the same day at 11:25 PM Indian Standard Time.
- Trade Type: It will switch trades from CALL to PUT or Vice-Versa based on market movement.
- Profit Target: It will exit if it has reached a profit of Rs. 20,000 and reactivates for the next day. Users can manually reactivate or pause at their own risk if they want to take more risk.
- Trade Positions: It will take either two lots of CALL @ ATM, two lots of PUT @ ATM, or one lot of CALL & one lot of PUT, both @ ATM for Monthly Expiry of MCX GOLD.
- Multiplier: For those wanting more than one lot, the multiplier can be used. However, the required fund will increase according to the multiplier. Maximum multiplier allowed at present is 5X.
- No Trade on Expiry Day: If today is the monthly expiry, it won't take a trade.
Subscription and Charges
- Subscription: The subscription is free.
- Monthly Variable Charges: 5% of the total profit made.
- Capital Required: INR 4,00,000 for Two Lots.
- Invoice: Invoice will be generated in the first week of every month.
Contact Information
For any clarification or doubt, please WhatsApp on +91 9868914191.
Warning:
- High Risk: Trading in options is very high-risk trading.
- Loss Statistics: As per SEBI study, 9/10 individual traders in option segments incurred losses.
- Transaction Cost: Almost all traders lose around Rs. 50,000 in option segment trading. Over and above net losses, traders incur 28% of net trading losses as transaction costs.
- Profit Loss: Those making profits lose around 15% to 50% of such profit as transaction costs.
Subscribers
