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created : 1 year ago| |  live deployment: 430

Strategy description

Strategy description


This strategy is introduced by Market Star. Market Star is a well known brand with 15000+ subscribers in telegram since 3 years. Index Premium Eater strategy is based on options selling. As per our criteria we choose a  banknifty and nifty short straddle. 


Max Per Day Risk : The strategy has max loss 5000 

Max Per Day Target : Open with specified TSL 

Average number of Trades per Day : 12
Entry & Reentry : The strategy starts at 9:16 AM and after exit the strategy reenters on certain conditions. There can be only one reentry per day for the entrire strategy. Where as leg based entry and reentry hapeens entire day as per market moves.  Reentry cutoff time is 1:45 PM on non expiry day and 2:15 PM on expiry day.

Exit : The strategy exits at 2:45 PM on non expiry day and at 3:05 PM on expiry days. 

The startegy works at most type of market conditions except big W kind of market.  Whoever wants a systematic trading with consistent return your search ends here. 


Telegram Support : https://t.me/Market_Star_Algo_Live

Contact : https://t.me/MarketStar_Admin or https://t.me/Trading_Inquiry

Strategy Explanation Video :  https://www.youtube.com/watch?v=9N1yQ7AdlFQ

Note : Do not subscribe the strategy without watching above video explanation. Since this is a dynamic strategy with many repair conditions, for sure PNL differences will be there user to user.

User Registration Link (Compulsory) : https://docs.google.com/forms/d/e/1FAIpQLSciES6FHkqmTwXCcW-3MLLhJvJ9C6-hlwdTRoBAIQnASrovgw/viewform?usp=sf_link


This strategy if used with Index OTM Hedge strategy then will need only 200000 capital. Without hedge capital needed 320000..

INDEX OTM Hedge Link


Strategy Cost


Strategy is free to subscribe. At the end of the month on your live deployment whatever profit will be there , 5% of that profit will be invoiced to you.

If you open an IIFL account or Alliceblue using below link then our strategies will be free as long as you trade in the same reffered account


IIFL Refferal Link : 5 per lot (Low multiplier user)
AlliceBlue Refferal Link : 15 Per Order


After opening account please share your details in below google form so that we will create 0 invoice for u 

https://docs.google.com/forms/d/e/1FAIpQLSciES6FHkqmTwXCcW-3MLLhJvJ9C6-hlwdTRoBAIQnASrovgw/viewform?usp=sf_link


Deviations


We enter and exit all trades at market price. It is impossible that for all users ens result will match. When checked closely paper trade to paper trade results differ. Paper to live trade and live to live trade also results differ. I have deployed same strategy in 2 different accounts since last 1 month. Though there were differences in daily PNL but overall monthly PNL does not differ much. Please understand this is not an issue. This is a fact we need to accept.


Disclaimer: MarketStar or I'm not SEBI registered investment or financial advisor. Don't deploy any of our strategy based on past performance only. All the pnl we update is our own Live Auto pnl and it is for information purpose. Paper trading for a month is the best way to learn and earn huge return in long run. You won't become rich in short term with any strategy.

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