Strategy description

It is a intraday option buying strategy based on purely price actin.

Key Highlights:

1. Type- Intraday on Nifty options call and put both,
2. Strategy - Directional in uptrend and downtrend both.
3. Entry time - Any time during trading hours based on entry conditions satisfied. 
4. Duration of Trade - From few minutes to few hours based on target achieved or stop loss hit.
5. Capital required-  Rs 30,000/- only for trade with one lot Nifty option.
6. Number of Trades- Very few trades normally one or two trades in a day. Sometimes no trade in full day if entry setup is not formed. 

Key Advantages:

1. Scalping- Some times target achieved in 2 to 3 minute.
2. Capital - Very low capital required, only Rs 30,000 for one lot.
3. High Success Rate- About 70% to 80% trades close in profit.
4. Risk Reward Ratio- The Max SL in a day is about Rs 2000/- and Max profit may go beyond Rs 5000/- in a day with one lot.

Disclaimer:

The owner of Wealth Creator (WC) is not SEBI registered analyst. It is advised to consult your Financial Advisor before Trading in Stock, Future and options Markets. Future & Options trading carries inherent risk and is suitable only for individuals with a thorough understanding of risk involved with the market. There can be slippage, terminal errors, or technical issues in live Algo trading. We are not responsible for any loss incurred by deploying this strategy. Please do not deploy any emergency fund or take position in multiple lots which may impact heavy loss due to any uncertain activity in the market. Kindly note that Algo Trading is not purely unsupervised trading. It is advised to keep watch and be alert on notification/ calls by Tradetron in case of any error in execution either on entry and exit.