created : 1 year ago| | live deployment: 5
This strategy will buy below BANKNIFTY OTM option pair at 9 :15 AM and exit at 3 :01 PM.
Friday : Below 10 Option premium
Monday : Below 7 Option premium
Tuesday & Wednesday : Below 5 Option premium
Thursday : Below 3 Option premium
This strategy can be deployed at any point of time within the day. It will take intraday long positions as per above conditions. Per week
900 rs premium loss per pair
300 rs brokerage (1x or 50x same)
100 rs tax per pair.
Above figures are approximate. Luckily monthly once if u get a high trending day, the hedge positions may give u return too..
Any strategy which can give more than 8% profit in a month is worth hedging.
Telegram Support : https://t.me/joinchat/WPTNt4gvLY5q2jNr
Youtube Channel : https://www.youtube.com/channel/UCdeQn7X4TzjUzmHi0T759GA
Video Explanation : https://www.youtube.com/watch?v=GS7FfjJ0ECM&t=1580s
Market Star PNL Summary Google Sheet
ram ch 1 year ago
This feedback is about all market star strategies in current scenario who wants to deploy less than 3 lots. Here for example I'm taking Index Premium Eater 1X Capital : 3.1L, 5% return : 15500, 5% variable fee : 775, Brokerage : 25 rupees average X 20 trades per day average X 22 days = 11000, Subscription fee for MS : 700, Subscription fee for TT : 250, Slippage : 0.5% of 15500 = 78, Net profit: 2697 (not even 1% return)----- Index Premium Eater 2X Capital : 6.2L, 5% return : 31000, 5% variable fee : 1550, Brokerage : 35 rupees average X 20 trades per day average X 22 days = 11000, Subscription fee for MS : 700, Subscription fee for TT : 1200, Slippage : 0.5% of 31000 = 155, Net profit: 12000 (near to 2% return)---- Zerodha users +2000 extra'---- I'm not a creator of strategy, I'm not having any paid channels. My sincere suggestion for all traders is don't trade with 1X to 3X of any strategy in the current scenario. Margin benefit is not available from September, Capital increased, low vix which is common.----- If u are deploying 1X to 3X, then u are funding broker and market star. I brought this information to all the users in market star telegram channel. Market star admin Mr. SITARAM got offended and banned me from the group. I want everyone to know this. So posted here. Thank you
Girithar M 1 year ago
will it buy mis or Nrml order?? please clarify