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created : 1 month ago| | live deployment: 0
Strategy description
Important Reminder: Caution on Event Days
Avoid running or run cautiously with 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 at a 1X multiplier (₹250,000 capital needed for 1 lot). The strategy takes positional trades and will make entries and exits according to momentum on both the long and short sides. If trades face significant slippage at the broker's side, it may result in losses. However, it is expected to be good if slippage is minimal. Be consistent with this strategy to achieve favorable outcomes.
Notes to Traders:
- This is a Nifty Futures Strategy: The strategy captures momentum from both long buy and short sell positions.
- Capital Requirements: Keep ₹250,000+ per lot capital in your trading account.
- Profit Target: ₹5,000 per counter with trailing at ₹500. Stop loss will be according to your risk tolerance. Always keep the multiplier in line with your risk capacity.
- High Frequency: The strategy may take many trades throughout the month as it operates through the entire expiry. It is recommended to use a Zero Brokerage Futures Broker.
- Token Generation: Do not forget to generate the token every morning before the market opens.
- Contact Information: You can contact TradingEDGE at [email protected] or call 7984076554.
