created : 4 years ago| | live deployment: 97
Strategy description
Strategy Overview - MS WealthMax
#EarnTheta, ShortVol, NonDirectional, Directional Buy, Range
This strategy was introduced by MS – MoneySuccess in 2021.
Strategy Description
The MS- Wealth Max strategy is predominantly an options selling system, combining Bank Nifty and Nifty positions. It blends approximately 80% option selling with 20% directional option buying. A single counter runs from monthly expiry to expiry.
Key Advantages
- Drawdown Control: Effectively manages capital risk for stable performance.
- M2M Swings: Minimizes large Mark-to-Market fluctuations through a trailing mechanism.
- Diversified Strategy Mix: Combines directional and non-directional approaches.
Key Highlights
| Parameter | Details |
|---|---|
| Type | Positional (overnight partially hedged) |
| Strategy | Directional, Non-directional, and Directional Buy (Directional or sideways outlook) |
| Index | Bank Nifty (~65–70% positions) and Nifty (~30–35% positions) |
| Target Profit | No fixed target; profits are trailed after threshold percentage is reached |
| MTM Stoploss | ₹25,000 (2.5% of capital) |
| Overnight Positions | Multiple entry points; some have intraday exits, but most carry overnight unhedged risk |
Strategy Details
- Capital Required: ₹10,00,000 (Average utilization ~75%, increasing to 85–90% on expiry day)
- Average Trades per Month: ~225 (Entry + Exit)
- Entry & Reentry: Runs till monthly expiry or MTM trigger, whichever comes first. Multiple entries and exits occur during the counter's lifespan, with reentries on certain conditions. Combines overnight and intraday trades.
- Exit: Runs till monthly expiry or MTM trigger, whichever comes first.
The strategy is intended for both directional and range-bound markets but may face drawdowns during choppy conditions or unexpected events such as wars or geopolitical developments.
Share Code: e310c7e1-502f-46d8-8b77-38f66cde9cb1
Risk Disclaimer
Algo Trading helps avoid emotional trading, follow rules, manage capital, and execute trades efficiently. However, it may be subject to slippage, terminal errors, or technical issues. While fully automated, it is advised to monitor accounts for significant deviations. The provider is not responsible for any losses.
WELCOME TO WEALTH CREATION JOURNEY
MS – MoneySuccess
Happy Trading!
