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created : 5 months ago| |  live deployment: 0

created : 5 months ago |  live deployment: 0

Mallids_Gold_SPOT_V3

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Strategy description

Monthly income Plan - Gold_V3 is a combination of selling a Bank Nifty call and a put, together, they produce a position that should make a profit if the stock market remains sideways and directional.   


This strategy takes 1 trade in a day.


Note:- This is an option selling strategy and makes good money in a sideways and trending market with maximum profit potential


***For Best profit and lowest drawdown, you must deploy all my strategies all are designed as a cocktail to make money from different market conditions such as Directional, Non-Directional, V,W, N, M, Y moves of markets***


This strategy is not provided with a far out of the money (OTM buy position) Banknifty hedge for margin reduction, Hence subscribers shall enable BN Hedge and deploy separately to enjoy 90k per lot. without a far out of the money hedge, the margin requirement is 1.75 lac per lot.


About Strategy:- 


1. This is Intraday Bank Nifty Options Selling Strategy, Entry between 9:17 am - 10 am and Exit before 3:15 pm as per Predefined criteria.

2. Key Point:- Low Capital Required,  Defined Risk, High-Profit Potential

3. Single Day maximum loss  Define up to Rs. 2000 per trade.

4. In rear Condition MAX DD is continuing for 7-8 days so don't panic. 

5. In testing with the TradeTron platform, it was observed that it took 7-9 seconds to execute the order so slippages as per market conditions occurred. 

6. Strategy Win Rate more than 76% and Loss up to  24%. 

7. For Every Month 1st  there are profit-sharing invoices for all with 18% GST and need to pay on the Tradetron platform. . Those who have failed to pay invoices are set as to the defaulter list and Block for all strategies.

8. For Loss there are no profit-sharing invoices generated, so whenever strategy is in profit there are profit-sharing invoices. 

E.g. If in the 1st Invoice date you got a profit of Rs. 10000, you will need to pay 20% means Rs. 2000 to MALLIDS Algo

Suppose on the 2nd Invoice date you face a loss of Rs. 5000 then there are no profit sharing and this loss gets balanced in the next Invoice date. Now in the 3rd Invoice time, you got a profit of Rs. 10000 again. Now the net profit will be 10000-5000(previous loss)=5000 Rs. so you will need to pay 20% on Rs. 5000 means Rs. 1000 to MALLIDS Algo.

9. Don’t reactive strategy after exit between market hours or don’t start strategy between market hours.

10. Client needs to maintain minimum capital always along with the buffer amount. Fund mentioned here is with leverage.


Monthly Fixed fee of:- Rs 1500


Profit-Sharing:- 5% on Tradetron Gross Profit

 

For any query contact us:- mallidsconsultancy@gmail.com


For Daily updates join our telegram channel at:-  t.me/mallidsconsultancy


The aim of this strategy is to earn a consistent monthly incomeCapital Required for 1 x is 90000 ( It will always be good to keep 20K-25K extra capital as some brokers require higher-margin, sometimes due to high volatility hedging distance increase )



How to subscribe to this strategy and Profit-Sharing details:-  

 

Introductory offer:- Enjoy this strategy with a Zero fixed monthly fee if you open a TRADETRON account with the given link and send the account opening confirmation details.


TRADETRON account opening link 


This strategy is also available totally FREE of Profit-sharing if you opt for trading the strategies with our referral account with our partner broker IIFL. The brokerage shall be competitive (Either Rs. 10 per lot or Rs. 20 per order as opted). 

Open your Demat trading account with IIFL with our referral link as below and you will never ever be charged again till you trade with our referral account.


  • Our broking partner (IIFL) provides free API and low brokerage. Ask me in case of any doubt. 

IIFL Account Opening Link


Please mail us your ZEBU account opening details along with your Tradetron id details to us for marking us as eligible for ZERO profit sharing. In case you require any further information/clarification, please do mail your queries at mallidsconsultancy@gmail.com



*100% sharing fee discount applicable for a max of 2X deployment, if more than 2X then fees are applicable on gross profit made in Tradetron.


Follow these rules to minimize errors in Algo Trading on Tradetron:-


A) Daily Morning 9 am Compulsory Check for our algos

1. Please ensure your API Token Renew Successfully on TradeTron Broker and exchange page. If not please generate a token and complete the Authorization.

2. Please ensure your fund availability in the broker account.

3. Please ensure all live deployed Algos on active mode.


B) Entry-Exit Rules for our algos

1. We don’t allow Live Auto One-Click methods for running our algo, because its calculation does not match with PNL records. Those who used this method please shift to live auto mode.

2.  Don’t exit positions from broker terminal, exit all algo positions from Tradetron only. (Except Tradetron errors day). 

3. Don’t start algo in market hours. Start your algos before or after market hours only. If starts between market hours you can get a different entry than the original.


C) Brokers using Tradetron

1. You can use brokers as per your choice, only 1st discuss with Tradetron and your broker for proper use with Tradetron. Whatever rules they are given, follow them to avoid errors.

2. If you get always errors, then it's your broker problems, not Tradetron or strategy problems.

3. For brokers-related issues contact Tradetron and brokers.


D) Comments on Strategy Review

1. Please give your review, But some users use the review section for comments, asking doubts, For this contact us on telegram. Also before giving any review read strategy descriptions first.

2. Without proper study and testing avoid giving any feedback. 


E) Profit Sharing

1. Read the strategy description carefully, all details given in that.

2. Please Note only our referral trading accounts have profit-sharing benefits up to a 2X multiplier. Not for all users.

3. Profit Sharing Invoices will be raised 1 time in a month, 1st date of the month. Clear your invoices before the next invoice date. Please follow the basic profit-sharing rules.


F) PNL Target Stop Loss

1. Don’t compare paper trade and live auto pnl. Even don’t compare 2 Live auto pnl because it's based on entry price. The order takes place on market price and all get different prices, so pnl also different and exits times also different depend on entry price to target rally.

2. Strategy having defined Stop Loss, Target, Partial target Booking, trail SL as per pnl.


Before Starting Live auto trade 

Please run all strategies on paper mode before going live.

1. As paper trade results are not considered slippages, so please do live offline trade for a few days. 

2. After completing live offline trades deploy it for live auto. 


How To Handle errors:-


  1. Check-in notification log, what is the type of errors, and act accordingly.
  2. In case of margin errors, there is a high chance that ALGO will take some partial orders. So, check real trades in your terminal & square off all positions.
  3. Manage the errors as canceled/done manually.

You can exit from any error trade. But, still check, ALGO may take some long position (buy trade) in that case. So, care should be taken, once managing errors, there should not be any live trade left in the terminal. After checking properly for the NIL Live trade position, you can reactivate or, it will reactivate automatically as per ALGO Signal.

Click here => Tradetron Error Handling


Important Instruction

1. If you have funds of more than 5 lakhs, you can take personal guidance from MALLIDS Algo. Feel free to contact us by telegram.


**Tradetron Back Testing Results for the past 2 years [Year Apr 2020- Dec 2021]**


Click Link:  Mallids_Monthly Income Plan_Gold_V3





Good Past performance is no guarantee of future results. It also extends to the fact that you shouldn't discontinue an algo simply because it's done poorly recently as it can revert to its usual amazing results in the 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.

There will always be slippages in Live Auto Trade due to execution delays for any Automated strategy, so keep that in mind while attempting to compare decimal to decimal with Paper Trades!


Risk Disclaimer 


All investment strategies and investments involve the risk of loss. You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor. All trading strategies are used at your own risk. 

F&O tradings are subject to market, or systematic, risk. This is because there is no way to predict what will happen in the future or whether a given asset/capital/fund will increase or decrease in value. Because the market cannot be accurately predicted or completely controlled, no investment is risk-free.

Mallids  ALGO Trading  is helpful to avoid emotions, follow rules, money management, and quick trade executions in multiple accounts. There will be a downside as well as an upside-only need to stay stick with the strategy. In MALLIDS AlgoTrading there may be slippage, error in the terminal, or any technical issue. It is 100% fully automated trading closely monitored by the strategy creator. However, you are advised to keep a watch over the account to monitor any significant deviation. 


We are not SEBI Registered Analysts. no claims, rights reserved. We are not responsible for your profit or loss. Please Consult Your Financial advisor before using this algo strategy.


*condition apply

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