Strategy description

Strategy Notes and Instructions

Avoid running or run cautiously this strategy near or on event days like RBI Policy Result Day, Union Budget Day, and Election Result Day. Right now, this strategy is free to use up to 10X multiplier (Rs.50000 capital needed for 10 lots). Strategy starts at 9:15 AM to 10:30 AM. If trades get huge slippages at the broker's side, it could result in a loss, otherwise. Be consistent with this strategy.

Strategy will not run automatically on higher premium days. Use with good execution speed and API speed broker (Email for suggestions) for good outcome. 

Notes to Traders:

1. This is an Intraday Sensex Option Buying Scalping Strategy designed to catch quick momentum just after market opens up.
2. Keep Rs.5000 per lot capital in the Trading Account.
3. Target: Up to Rs.1000, stop loss would be up to Rs.1000 maximum per lot and as per your risk multiplier. Always keep multiplier as per risk capacity. Generally, if you do not hit the target by 10:30 AM, exit manually with whatever loss.
4. Both the options (CE and PE) will be bought according to momentum direction.
5. It can take numbers of trades, so use Zero Brokerage.
6. Do not forget to generate the token every morning before the market opens.
7. Once it exits, it will not be re-activated automatically. You can re-activate it manually if you feel strong momentum is ongoing, but do so at your own risk.
8. For support: You can contact TradingEDGE at [email protected] 

Important Notes

Please don't ask for any back test data, Paper Trade for few weeks and then live trade with 1 lot, this strategy can give you consecutive loss days due to market conditions and slippages. If paper trade result showed you everyday profit, does not mean live trade will be the same, you have to check it live and give sometime to perform the strategy. Do not expect any miracles and every day profits. Trade live with 1  lot first and then increase lot size gradually but be consistent with it for a month keep same lot size.

Be cautious about running this strategy on event days like RBI Policy Result Day, Union Budget Day, Election Result Day and NEWS Events Days and around, as market conditions may cause significant slippages, resulting in losses. When there are no major slippages at the broker's end, this strategy is generally profitable. It's recommended to maintain consistency with this strategy for good outcomes.