

created : 1 year ago| | live deployment: 10
Strategy description
This is a positional option buying strategy which buys monthly ITM options in Banknifty based on the trend using basic trend following indicators. Don't ask me what? it is so simple yet effective.
Disclaimer: This is a high risk strategy, deploy less than 20% of your capital. Not for weak hearted and safe players.
Capital Required: 50k. Actual margin required would be around 35k and 15k is buffer capital for managing losses if any. Historical DD is not considered in the capital mentioned.
Entry/Exit time: There is no defined entry or exit time. It works based on signals and takes long or short position any time.
Target: Open target - finding trend is tough and if it is found, why settle for a fixed profit? Ride the trend as long as it goes.
Stop Loss: No stop loss. It is a trend following strategy which is always-in-trade and follows Stop-And-Reverse model.
Trailing Stop Loss: none
FAQs:
1. Can I deploy any time or is there any suggested time?
Ans: Yes, the algo can be deployed any time. It takes the trade when signal is generated. During last week of the month, Theta decay is severe and works against option buying but if the trend is strong, it overcomes the theta decay as well.
2. Can I increase or decrease multiplier when the trade is active?
Ans: By the design of the algo, increase or decrease of multiplier does not impact the positions or sq. off of positions. It is not advisable to increase or decrease the multipliers incosistently. We see that such changes results in lower profit or higher loss as people increase multipliers after profitable entry and next entry may be a loss or vice versa.
3. I have exited manually, how to re-enter?
Ans: New entry cannot be made again until the trend reverses and new signal is generated. You can refer the active strikes in paper trade to verify if the direction matches or not.
4. Is it monthly options or weekly options? Are there slippages?
Ans: This algo deals with monthly expiry options with an idea that the theta decay is slower than weekly options. Since it deals with ITM options, slippages are inevitable.
5. My last 2-3-4 legs are ending up in loss. Why?
Ans: This is not a holy grail but a simple trend following strategy. Based on market behavior, with certain trend following logics, this algo identifies and takes either a long or short trade. But if the direction/trend is not strong and market is choppy, it is bound to get false long/short signals resulting in losses.
6. Can I deploy this algo as the ROI is very high?
Ans: Kindly do not consider only the "ROI". This algo buys option where the value traded is just the premiums which is less than 50k and hence the ROI is higher. Look at the DD as well, it can have severe DD and traders who have the appetite to trade considering the historical DD (87%) are advised to trade this algo.
Philosophy of this algo:
Markets trend for only a limited number of days (30% of the times in a year) however maximum profit potential lies in the system that follows direction. This algo identifies the direction of the market using some simple logics and tries to capture the trend. The fail rate is high but the damage is acceptable to some extent. When it captures a big trend and on winning side, it makes amazing money. Toughest aspect is to find direction of the market, if it is found, lets exploit it to our benefit. Theta decay is an enemy for option buying, but as long as trend is captured, it overcomes theta effect. It is a high risk high reward strategy to play with as the drawdown could be severe. 4-5 loss trades will easily be compensated with one trend which will make it profitable.
Test with paper trade and then go-live if it is interesting.
Although the algo takes care of the entry, exit, adjustments, you are advised to keep an eye over the account to watch for any errors which could be due to margin shortage or technical issue etc.
Disclaimer: I am not SEBI registered advisor or Portfolio Manager. I do not take responsibility for any losses that might occur as a result of deploying this strategy nor do I guarantee any returns. If you are not aware of risks associated with FNO trading, you are strongly recommended to understand, analyse and then trade on FNOs.
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Note for Trend following systems:
Let me clarify about trend following systems and why it is important to know.
As such, market trends only 30% of the year and rest of the 70% of the year is sideways.. but a system following trend has huge potential of making profits which can cover the losses of the 70% of the times. Thats how all large institutions make money (direction based profits).
Many of us (including me) are option sellers to make use of the 70% of the times, earning small and consistent but lose out to the 30% of the times when markets go wild in some direction.
YOB N and YOB V2 are direction/trend following strategies which wins only 30% of the times but when it wins, it Wins like a boss covering the losses made.
There are times when trend following setups failed for 3-4 months consistently but then it picks up and makes profit in large trends... 1000points in BNF is easy and 25x1000 = 25k in one trade will be much better than 20 days of straddle selling
Subscribers

NAWAL DIWAN 7 months ago
In a sideways market, there are too many frequent trades which leave with lots of losses and slippages. I am not sure in which time frame have you employed the strategy but for such ITM high values cant have 4-5 trades in a da.
Guru R 7 months ago
bakwass strategy dont look at pt pnl its crap
sona S 7 months ago
Don't Deploy. Don't fooled by looking at PnL of PT. Analysis of PT Pnl. This Strategy take monthly ITM BN option, Where Average Bid-Ask difference is Rs.8 due to illiquidity. strategy take roughly 65+65=130 trade in a month. So difference as per PT Pnl per month 8*25(lot size)*130(trade)= -26000 so Per annum difference as per PT Pnl 26000*12=-3.12 lac calculate the profit yourself? Also it is showing DD as 51k . But my actual DD per lot is 82k. My mistake I did analysis of PT PnL only after loosing 82k in last 2 month in one lot.
Asha Pal 7 months ago
Worst strategy, worst admin, group full of chelas.. almost 1 lac gone, pnl not actual. there was almost 20 k loss in apr but it is showing 24k profit in pnl, and lost almost 50 k in last month, and now 14k loss running.
SUDHIR THALLURU 8 months ago
From yesterday it is showing 2 lac capital instead 50k from yesterday evening i.e.19-05-2022, please rectify the same.
Nishal Vaishnav 8 months ago
crap strategy by crap person Kevin. almost 80% of the capital wiped out in just a week. i think he's fooling people by using moving averages. humble advice to not use any of the strategy of this person also requested to tradetron also to report this person. Tradetron will take action against such persons.
Ankur Jain 8 months ago
very bad setup, loss almost 200%
SANKAR 8 months ago
very bad
Amol Kh 8 months ago
Exited strategy after loosing 70% of capital in one month, hardly seen profit day otherwise all in red. Now trades are not executing cause of insufficient funds. Recommend not to use.
Soumendu Chowdhury 8 months ago
One of the Worst Capital eating Strategies in the Marketplace.... DON'T believe the Historical DATA, try it on PAPERTRADE for 2 months before entering !!!Else you will loose all your Money!!!
Kushal 8 months ago
Subscribe to lose money.. this is crap
Lost Rider 8 months ago
Your trades are executing deep ITM. NIKI Nifty strategies are better than this, it takes OTM swing trading. Please change the strike price.
Bj Yadav 8 months ago
5 continuous losing day for me, even slippages are too high which i think not considering in ROI shown here. basically strategy made from moving averages. nothing more than that. whenever moving average crossover happens it buys monthly ITM which end up in loss in rangebound market. i think the developer of the strategy is fooling people in the name of momentum strategy. humble request to not subscribe this strategy if you don't want to loose your hard earned money.
Saumya Agnihotri 8 months ago
Hi, I am a believer that its a good strategy. Just that i want that creator should consider my one point., Instead of buying any Deep ITM, please buy 500 round strikes. That will lower down the slippages a lot and improve the overall live performance. I have deployed few higher lots in one of my account and this is the major concern i feel. Today i got 30-40 points slippage on average per trade. As 500 round strikes has much higher liquidity it can solve the purpose. I hope you consider my suggestions as it can be beneficial for all.
shiv A.I 8 months ago
This strategy shows Wrong DATA than actual profit an asking profit sharing on base of profit show in tt ,taking position in monthly low liqud premium ITM trade higher sliprage an many errors ,LOSS making strategy should be ban from tradetron
JEANISH MISTRY 8 months ago
LOSS HI BOOK KARTE HO PROFIT BOOK KYU NAHI KARTE HO PURA CAPITAL ZERO KAR DIYA HE AUR SYSTEM ME PURA WRONG DIKHA RAHA HE ITNA PROFIT TO HUA HU NAHI HE KYA DIKHTE HO AUR KYA KARTE HO LOSS BOOKING STRATEGY.
ATUL SINHA 8 months ago
I deployed this for 15 days and gave up finally after understanding the reality of the strategy, Request everyone NOT to deploy this strategy in sideways market else you are going to lose all your capital. My capital became 1/3rd after 15 days.
sandeep rathi 9 months ago
one of the best strategy. But sir please try to keep any trailing stoploss. It will be more better then.
Nik 9 months ago
Hi Prof. Today was the 4th day in running loss for me - out of 50k deposit now I have only 13k , how will new orders be executed? Kindly advise
Rashmi thakur 9 months ago
You seem to catch the trend very late.because i also follow Harshubh and he had call buy from morning and in the same time of 3-4 hours you have take 2 PUT positions and 2 call position whereas Harshubh is consistent with his position and made me 13 k.Till now my loss is 28kwith your strategy.Hope you catch the trend and get my money recovered.
Rajesh Das Adhikari 9 months ago
Yes close position mai bahut jyada profit dikhata hai...subhah loss mai chala jata hai...
Himanshu Parmar 9 months ago
2 week mai 30k dwrowdown hai...profit to hua bhi nahi...close position mai bahut jyada profit dikhata hai...subhah loss mai chala jata hai...
sandhya kumari 9 months ago
service is not good so I exited.
Gaurav Shelar 9 months ago
need to know how it work kindly share me any mail id for basic undestanding will this work for put or call buying
Test Tracks 9 months ago
Heavy profit booking only possible from this algo is my opinion.
Allam Satyanarayana 9 months ago
sir... how much capital to be required for this strategy broker aliceblue
Manoj Kamble 9 months ago
I am using the strategy from 14th Feb and it is preforming as unexpected. Sometime it is giving profit like jackpot long running horse. The drawdown it high but winning also recovering the drawdown is important.
Amit Gupta 9 months ago
I am using this strategy for last 2 month and I must say it is the Back Horse in making the profit and Kevin is doing the great job and helping us to achieve our goals and learn the market. This is my real time experience and I never did the paper trade of this just deployed to the real account. I am also the user of the YOB which trade in bank nifty from more than 3 month and it is also the great coded algo for long run as a profitable journey. Just one thing I wanted to say that we don't need to be very smart and intelligent to make money in share market, we just need to be little discipline than others to make profit. That is the reason we are using the algos to stay discipline. If you are using this strategy just don't bother about losses one big move will make you high and give you confidence just stay with it don't stop and start. We already have the positive returns available here with the back test so just trust the data and follow the process. Thank You Kevin for making this for all of us.
KAUSTUBH SHRIVASTAV 9 months ago
I have subscribed and deployed the Yo! Option Buyer! V2 strategy on 01.04.2022. When shall I receive the confirmation about the deployment and subscription? Please provide your e-mail. My earlier message was not responded.
Paras ram Patel 9 months ago
Invoice profit very high but actually profit 50%
Manju Choudhary 10 months ago
I wants support team mobile No. as i am facing some order exection issues. Kindly provide asap. Thanks
Arati Singala 10 months ago
Hello Sir! I opted for LiveAuto trade strategy then the position can be closed manually? Any impact if position closed manually?
Rajeev Narang 10 months ago
does this strategy have a max loss? or no limit on loss? and what about profit? no profit booking?
vishnu Mahajan 10 months ago
Sir, your stretegy is good. Only one major concern is that you need to book profits before it turns into loss on trend reversal. If you do this, your stretegy will be BEST amongst all. Simple rule is if you save loss is itself profit.
babu roy 11 months ago
today order failed 1 PM ...manually entered 3:24 PM .. any comment sir 38100 PE entered @ rs 712 23 Feb 03:24:22 PM Tranching - #1, taking position OPTIDX_BANKNIFTY_24FEB2022_PE_38100, Qty 25.0 3498252799 23 Feb 03:23:28 PM Status changed from Error-Execution To Live-Entered 3496932159 23 Feb 01:00:30 PM Order Status is failed, going to Error-Execution 3496932002 23 Feb 01:00:30 PM Status changed from Live-Tranching To Error-Execution 3496932005 23 Feb 01:00:30 PM Unable to get order_id: kotak Order placement failed, Oid: 22022302370305 | {"fault":{"code":999116,"description":"Your order request is in process, please verify your order report","message":"Your order request is in process, please verify your order report"}} what to do ideally ?? sir
VK 11 months ago
Time Condition Instrument Quantity Price Amount Action 22 Feb 02:04:00 PM Exit OPTIDX_BANKNIFTY_24FEB2022_PE_38300 -50? 936.00? -46800 21 Feb 02:14:23 PM Entry OPTIDX_BANKNIFTY_24FEB2022_PE_38300 50 ? 760.02 ? 38001 to day morning 650 points above profit but small profit exit but what is stratdy DD full 494 points drawdown entry and exit
Asif Abdul Sattar Khan 11 months ago
I have not used it yet. But one of the best strategy I can find on Tradetron.
VIHAR VASOYA 11 months ago
it was intraday strategy or positional...???