Strategy description

Strategy Name: NIC 1
Strategy Type: Option Selling Strategy for Nifty

Strategy Overview

NIC 1 is a diversified option-selling strategy combining distinct, uncorrelated strategies on Nifty. It integrates both directional and non-directional strategies, aiming to adapt across varied market conditions. This strategy is designed with low drawdown and minimized mark-to-market (M2M) fluctuations.

• Capital Required: ₹8,10,000 (for 1 multiplier)
• Instrument: Nifty
• Type: Intraday
  • Entry Time: 9:19 AM
  • Exit Time: 3:09 PM
• Expected Drawdown: Approximately 2%
• Average Trades per Day: 13 (combined buy and sell trades)

Shared Code: 42463a9b-4707-48b6-a1ae-4d3ad711fe49

Best Practices:

• Consistency:  Join our telegram group and Commit to a minimum of two weeks in live trading mode before assessing the strategy’s performance. The Winning Trader is the Patient Trader.
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User Responsibilities

1. Capital Buffer: Users are encouraged to maintain recommended capital even if current required margin is less because capital requirements may increase, especially on high-volatility days. Proper capital maintenance and generating a token between 8:30 AM to 9 AM typically ensure smooth execution in most cases.

2. Error Notifications: If a live deployment encounters an issue, users will receive notifications via WhatsApp or Tradetron. Please check the notification log in the deployment and address any issues promptly. If you’re unable to resolve an error, contact us through our Telegram group or personal Telegram ID provided above.

Algo Awareness for Users

In Tradetron, although the strategy logic is consistent, outcomes may vary based on each user's entry strike and entry price. For example, if one user enters at 100 and another at 105, adjustments may differ, and day-end results may vary accordingly. Over time, these differences generally even out across users.

To manage costs effectively, users are encouraged to consider low-cost or zero-brokerage brokers. For further guidance on optimizing costs, please feel free to contact us. Additionally, selecting a reliable broker with stable API performance can help minimize execution issues; we’re happy to provide feedback based on our experience.

Disclaimer

Sarthi Fintech is not a SEBI-registered investment or financial advisor. This strategy should not be deployed solely based on past performance. All P&L updates are based on our own live auto-trading results and are provided for informational purposes only. Paper trading for a month is recommended to gain familiarity with the strategy. No strategy can guarantee short-term wealth, and users should avoid expecting quick returns.