created : 2 months ago| | live deployment: 0
SBI Martini is an intraday cash equity strategy. This trades upto 1,50,000 worth of SBIN equity (long or short side). it will buy or sell in tranches worth 15000/- each max 10 tranches on buy or sell side.
This strategy is available totally FREE of Profit sharing if you opt for trading the strategies with our referral account with our partner broker Profitmart. Open your demat trading account with Profitmart with our referral link as below and you will never ever be charged again till you trade with our referral account.
Please mail us your account details along with your Tradetron id details to firstname.lastname@example.org for marking with us as eligible for ZERO profit sharing. In case you require any further information/clarification, please do mail your queries at email@example.com
This can be used as pair with option selling with appropriate multiplier to hedge risk for one sided moves as well as for small accounts for systematic equity trading.
Entry : 09.30 AM to 3.00 PM depending on conditions.
Exit : 03.10 PM.
Target and Stop Loss :-
This Strategy has no fixed target and fixed SL of 1500.
Please do your calculations for deploying on fixed per order or percentage brokerage plan before deploying.
Capital Requirement :-
As per norms of SEBI Rs. 30,000/- (On current 5x leverage rule for intraday equity). Keep 20000/- for buffer. This is indicative figures, please check with your broker for exact margin requirements. Please also keep sufficient buffers to avoid rejection of orders. If you get errors while executing orders. Irrespective of what is stated above (which is purely indicative),please note that you take full care and provide for requisite margin for the intraday execution of upto 1,50,000 worth of equity. In case of any error in execution due to margins, we strongly recommend that you quit the positions manually and be done for the day. Do not try to execute and retry after error has come for Margin.
Please Note not to deploy this strategy mid market after initial positions have been taken as it may result in unexpected results
The Strategy doesn't have any upfront fees.
The strategy will entail 10 % profit sharing. The billing shall be done on fortnightly basis based on Tradetron's High watermark Policy.
Special Note: As the logic of this strategy involves multiple trades, please get comfortable with the trading logic (by deploying it in paper trade, watch no of trades, Adjust your expected returns expectations with additional brokerage charges, and keep your trading account sufficiently funded for any eventuality (like taking new position without squaring off existing one, which may result in case of certain trades with certain brokerages)
I or AlgoGuru are not SEBI registered advisors or Portfolio managers. I or AlgoGuru is not responsible for any kind of loss occurred in above trading strategies. All above strategies are based on Index Options Selling. If you're not aware of losses, please read or learn about Option Selling and do not run this strategy till you are fully aware of the risks involved.
Automated & Algo Trading :-
Good Past performance is no guarantee of future results. It also extends to the fact that you shouldn't discount an algo simply because it's done poorly recently as it can revert to its usual amazing results in future. Although our algos are 100% fully automated, you're advised to keep a slant eye over the account to monitor any significant deviation or errors.
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