Strategy description

Strategy description

Fortune Wavyes by Resoluto is an option buying strategy designed to mainly operate intraday. It enters with long positions in Bank Nifty and continues to hold and trail the profits. The main advantage of this strategy is its low drawdown.

User's responsibility: 

1) Users are advised to keep 5 to 10 % more capital than the recommended capital as per their broker and to handle capital rise by exchange on rising VIX days. Once capital is properly maintained and token has been generated between 8:30 AM to 9 AM, 95% cases there will not be any execution issue. Still if any error on your live deployment, you will get notification via WhatsApp or get call from TradeTron. Please check notification log in the deployment to understand the issue and fix it as soon as possible. Once deployment will be in error, strategy stops working which can result in unexpected results. If you are unable to fix the error then connect with us. We will provide required support.

2) Users to acknowledge that any server issue, technical glitch, internet connectivity problem, natural or man-made calamities, or similar types of issues occurring at the broker's or exchange's or Tradetron's end, or at the user's location, may lead to financial losses. In such cases, neither Resoluto LLP, nor their employees and relatives can be held responsible for any resulting losses incurred by the user.

Entry Timings: The new counter will start every day at 9:15 AM & runs till 3:19 PM or trigger of TSL or satisfaction of universal exit conditions whichever is earlier.

❖ Deployment Timings: You have to deploy the strategy/generate token before market starts at 9:15 am. 

❖ Capital Required: ₹30000 (for 1 Multiplier)

❖ Instrument: Bank Nifty.

❖ Type: Intraday

❖ Avg Trades (Buy + Sell) per Day: 15-20 (We strongly recommend to use Zero Brokerage brokers service to maximize profitability). 

User's Algo Awareness: In TradeTron, though the strategy logics are same for all, the strategy logics depends on entry strike and entry price of the user. For example, if one user enters the position at 300 and if another user enters the position at 305, for both, the adjustments may differ and hence the day end result may differ too. Users should understand the fact and accept end the result. In long run mostly it evens out and all users PNL mostly matches.

With reduction in returns in recent days, users should prefer a low cost or 0 brokerage broker or contact us to understand this better to increase net ROI at the end of the month.

While choosing a broker user should research properly to make sure broker API is reliable with least execution issues. We can help you with our feedback.

Disclaimer : Resoluto LLP is not a SEBI registered advisor.  We do not claim in attractive ROI. Please contact your investment advisor before deploying the strategy in live. Option trading is 100 % risky, you should deploy this strategy only if you have complete understanding of option buying/trading else better to avoid it.