Strategy description

Kuber - Directional Momentum Strategy

Key Details:

1. Capital Required: INR 25,000 Per 1X
2. Instruments: Bank Nifty
3. Instrument Type: Options
4. Strategy Type: Directional, Momentum
5. Avg No. of Trades / Day: 2
6. Stoploss: 20%

Strategy Description:

Kuber is a meticulously crafted option buying strategy. It involves executing one directional leg of BankNifty option. The strategy capitalizes on intraday momentum-based opportunities by entering positions during the trading hours. To mitigate risks during significant market movements, the strategy incorporates stop losses in place.

Subscriber Responsibilities:

1. Users are advised to maintain a capital buffer of 5 to 10% above the recommended capital as per their broker's requirements.
2. Users should manage capital fluctuations due to exchange rate variations during rising VIX days.
3. Once capital is appropriately allocated and tokens are generated between 8:30 AM to 9:00 AM, execution issues are minimal.
4. If any deployment errors occur, users will receive notifications via WhatsApp or Tradetron calls, which should be addressed promptly to avoid unexpected results.

Subscriber Algo Awareness:

1. While the strategy logic remains consistent across all users, adjustments may vary based on entry strike and price. Users should acknowledge this variability in day-end results. Over time, these differences tend to normalize, and overall PNL aligns for most users.
2. Given recent reductions in returns, users are encouraged to explore low-cost or zero-brokerage brokers. Alternatively, they can consult with us to optimize costs. When selecting a broker, thorough research is advised to ensure reliable API connectivity and minimal execution issues. We offer insights based on our experiences to assist users in their decision-making process.

Disclaimer:

Trade Mitra is not a SEBI registered advisor. We do not guarantee attractive ROI. Users are strongly urged to consult with their investment advisors before deploying the strategy live. Option trading carries inherent risks, and this strategy should only be utilized by individuals with a comprehensive understanding of option buying and trading. If unsure, it's advisable to refrain from deploying the strategy.