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created : 5 months ago| |  live deployment: 0

created : 5 months ago |  live deployment: 0

Dear comrade NIFTY Option Buying V3.0

Strategy description

NIFTY Options Buying

(Royal Trader)

This strategy is not intraday strategy sometimes it will carry over to next day.  


                                                                                                 SL: 1500/-

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Profit Booking based on trend

Trades may not execute every day and sometimes many trades may execute in a day.

              Trades will execute purely on technical parameter basis. 

Trades on Monthly ITM options

INSTRUMENT = NIFTY Options

NO. OF LOTS = 1 LOT PER 1X MULTIPLIER

TYPE OF ORDER = NRML 


 Capital Requirement would be 15k-20k

you can keep the extra amount as a buffer.


royaltrader99


Chatbot woebot mental GIF - Find on GIFER


Profit Sharing:- 10% on Gross Profit

1. Compulsory Profit Sharing for this strategy. Don’t compare with our other strategy performance as each strategy is different.

2. For Every Month there are profit sharing invoices for all with 18% GST and need to pay on Tradetron platform. Required To clear pending invoices before 15days. For 1st  invoice those fail to pay, regenerate invoice on next month with fresh pnl record as per tradetron only. Those have fail to pay invoices of 1 months, get shifted to defaulter list and Block for all strategies.

3. PNL consider for all users as per Tradetron record only. So follow Tradetron process for entry and exit. Compulsory exit from Tradetron only.

4. For Loss there are not profit sharing invoices generated, so whenever strategy in profit there are profit sharing invoices. 

E.g. If in 1st Invoice date you got profit Rs. 10000, you will need to pay 10% means Rs. 1000 to Tradetron via invoice. 

Suppose in 2nd Invoice date you face loss Rs. 5000 then there are no any profit sharing and this loss get balanced in next Invoice date. Now in 3rd Invoice time you got profit Rs. 10000 again. Now the net profit will be 10000-5000(previous loss)=5000 Rs. so you will need to pay 10% on Rs. 5000 means Rs. 500 to Tradetron via invoice.


Before going for Live deployment: 


1.  Paper trade for a few days (at least a week) and understand the dynamics. Take your time and analyze the results for a few days before opting for live trading. Don't fall for instant gratification. Be patient. 

2. Diversification: Prefer diversifying your capital across all 5 strategies instead of using a higher multiplier in one. All strategies are good. Each one will have its good and bad days.

3. No manual intervention: Once you decide to deploy, make it a point to not interfere manually even if there is a loss. Don't use your personal discretion. Deploy only when you start trusting the strategies after paper trading.

4. Multiplier: Don't increase/decrease the multiplier on the basis of profits/losses. Keep it constant for at least a week. Else you might make losses on higher multipliers and profits on lower.

5. Stick to the strategy for at least a month: Don't discard any strategy very quickly. It's not a quick-rich scheme. You need to accept losses as well. Many people delete the deployments if they suffer a loss on the first day. This is not the right way of systematic trading. 

6. Intraday deployment and changes: Don't make any changes during trading hours eg: changing multiplier, pausing/reactivating, etc.




Most important points I learned in my trading carrier: Trade Psychology - If you are using a systematic/auto trading strategy that is already well backtested and if you are still worrying about daily losses, then you have a problem. You need to STOP trading immediately and learn how successful traders think when they are in deep drawdowns/losses. If your mindset is looking at short term P&L, there is a high chance that your trading carrier will also be short lived. Both are highly correlated. Positive Expectancy - Whatever we do and however we tune the strategy, we can't get profits in all situations. One who understands this will STOP changing parameters/strategies frequently, especially after a few losses. If one keeps hopping between strategies, chances of earning come down drastically. As long as your strategy has positive expectancy (more than 0), you are good in the game and chances of earning in long run are very HIGH. Drawdowns - What separates professional traders with beginners is the ability to handle drawdowns. During drawdowns, especially after losing 10%-15% of your capital, your psychology takes a hit and this is when professional traders keep continuing the journey and all others stop trading. Compounding - Compounding is the ultimate wealth creator but it's possible only when one has utmost patience. One who decides to have a long-term journey of 10-15 years will surely be rewarded by compounding, provided you have the right mindset to ignore short term jerks. Risk Management - Peace of mind is very important to keep our journey long and risk (and money) management plays a HUGE role in that. Having a good risk management system ensures that we are always in the game and helps in having a smooth equity curve. End of the day, it all comes down to your trading psychology. One who withstands during losses and drawdowns without worrying much will be rewarded in long term and all other will be eliminated from market, as simple as that.

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, analyze and then trade on FNOs.



Trading History

Instrument Entry Date Exchange Qty Price
OPTIDX_NIFTY_29SEP2022_PE_17150 26 Sep 2022 NFO -50 191.85
OPTIDX_NIFTY_29SEP2022_PE_17150 26 Sep 2022 NFO 50 217.85
OPTIDX_NIFTY_29SEP2022_PE_17450 23 Sep 2022 NFO -50 255.85
OPTIDX_NIFTY_29SEP2022_PE_17450 23 Sep 2022 NFO 50 247.70
OPTIDX_NIFTY_29SEP2022_PE_17550 23 Sep 2022 NFO -50 219.90
OPTIDX_NIFTY_29SEP2022_PE_17550 23 Sep 2022 NFO 50 245.90
OPTIDX_NIFTY_29SEP2022_PE_17500 23 Sep 2022 NFO -50 243.00
OPTIDX_NIFTY_29SEP2022_PE_17500 23 Sep 2022 NFO 50 224.95
OPTIDX_NIFTY_29SEP2022_PE_17550 23 Sep 2022 NFO -50 216.20
OPTIDX_NIFTY_29SEP2022_PE_17550 23 Sep 2022 NFO 50 241.70
OPTIDX_NIFTY_29SEP2022_PE_17600 23 Sep 2022 NFO -50 243.75
OPTIDX_NIFTY_29SEP2022_PE_17600 23 Sep 2022 NFO 50 228.00
OPTIDX_NIFTY_22SEP2022_CE_17500 22 Sep 2022 NFO -50 147.40
OPTIDX_NIFTY_22SEP2022_CE_17500 22 Sep 2022 NFO 50 105.00
OPTIDX_NIFTY_22SEP2022_PE_17700 22 Sep 2022 NFO -50 136.40
OPTIDX_NIFTY_22SEP2022_PE_17700 22 Sep 2022 NFO 50 122.35
OPTIDX_NIFTY_15SEP2022_CE_17850 14 Sep 2022 NFO -50 195.75
OPTIDX_NIFTY_15SEP2022_CE_17850 14 Sep 2022 NFO 50 221.55
OPTIDX_NIFTY_15SEP2022_CE_17850 14 Sep 2022 NFO 0 108.70
OPTIDX_NIFTY_15SEP2022_CE_17850 13 Sep 2022 NFO 50 238.00
OPTIDX_NIFTY_15SEP2022_CE_17700 12 Sep 2022 NFO -50 320.95
OPTIDX_NIFTY_15SEP2022_CE_17700 12 Sep 2022 NFO 50 258.65
OPTIDX_NIFTY_08SEP2022_CE_17550 08 Sep 2022 NFO -50 247.20
OPTIDX_NIFTY_08SEP2022_CE_17550 08 Sep 2022 NFO 50 196.00
OPTIDX_NIFTY_08SEP2022_CE_17500 07 Sep 2022 NFO -50 158.75
OPTIDX_NIFTY_08SEP2022_CE_17500 07 Sep 2022 NFO 50 183.90
OPTIDX_NIFTY_08SEP2022_CE_17450 06 Sep 2022 NFO -50 284.65
OPTIDX_NIFTY_08SEP2022_CE_17500 06 Sep 2022 NFO -50 203.30
OPTIDX_NIFTY_08SEP2022_CE_17500 06 Sep 2022 NFO 50 228.90
OPTIDX_NIFTY_08SEP2022_CE_17500 06 Sep 2022 NFO -50 213.70
OPTIDX_NIFTY_08SEP2022_CE_17500 06 Sep 2022 NFO 50 238.90
OPTIDX_NIFTY_08SEP2022_CE_17450 05 Sep 2022 NFO 50 242.20
OPTIDX_NIFTY_25AUG2022_PE_17900 19 Aug 2022 NFO -50 208.10
OPTIDX_NIFTY_25AUG2022_PE_17900 19 Aug 2022 NFO 50 241.00
OPTIDX_NIFTY_18AUG2022_CE_17750 18 Aug 2022 NFO -50 207.70
OPTIDX_NIFTY_18AUG2022_CE_17750 18 Aug 2022 NFO 50 170.10
OPTIDX_NIFTY_18AUG2022_CE_17750 18 Aug 2022 NFO -50 172.10
OPTIDX_NIFTY_18AUG2022_CE_17750 18 Aug 2022 NFO 50 200.15
OPTIDX_NIFTY_18AUG2022_CE_17750 18 Aug 2022 NFO -50 162.40
OPTIDX_NIFTY_18AUG2022_CE_17750 17 Aug 2022 NFO 50 215.40
OPTIDX_NIFTY_18AUG2022_CE_17600 17 Aug 2022 NFO -50 326.70
OPTIDX_NIFTY_18AUG2022_CE_17600 16 Aug 2022 NFO 50 219.20
OPTIDX_NIFTY_25AUG2022_CE_17500 16 Aug 2022 NFO -50 400.00
OPTIDX_NIFTY_25AUG2022_CE_17500 12 Aug 2022 NFO 50 315.80
OPTIDX_NIFTY_11AUG2022_CE_17350 10 Aug 2022 NFO -50 182.85
OPTIDX_NIFTY_11AUG2022_CE_17350 10 Aug 2022 NFO 50 210.35
OPTIDX_NIFTY_11AUG2022_CE_17250 10 Aug 2022 NFO -50 275.60
OPTIDX_NIFTY_11AUG2022_CE_17400 10 Aug 2022 NFO -50 162.65
OPTIDX_NIFTY_11AUG2022_CE_17400 10 Aug 2022 NFO 50 188.30
OPTIDX_NIFTY_11AUG2022_CE_17250 08 Aug 2022 NFO 50 242.50
OPTIDX_NIFTY_11AUG2022_CE_17250 05 Aug 2022 NFO -50 237.20
OPTIDX_NIFTY_11AUG2022_CE_17250 05 Aug 2022 NFO 50 266.10
OPTIDX_NIFTY_04AUG2022_CE_17200 04 Aug 2022 NFO -50 182.80
OPTIDX_NIFTY_04AUG2022_CE_17200 04 Aug 2022 NFO 50 201.20
OPTIDX_NIFTY_04AUG2022_CE_17050 03 Aug 2022 NFO -50 288.40
OPTIDX_NIFTY_04AUG2022_CE_17050 03 Aug 2022 NFO 50 320.30
OPTIDX_NIFTY_04AUG2022_CE_17000 03 Aug 2022 NFO -50 275.40
OPTIDX_NIFTY_04AUG2022_CE_17000 03 Aug 2022 NFO 50 296.75
OPTIDX_NIFTY_04AUG2022_CE_17150 02 Aug 2022 NFO -50 197.65
OPTIDX_NIFTY_04AUG2022_CE_17150 02 Aug 2022 NFO 50 223.40
OPTIDX_NIFTY_28JUL2022_CE_16350 28 Jul 2022 NFO -50 425.70
OPTIDX_NIFTY_28JUL2022_PE_16850 27 Jul 2022 NFO -50 262.25
OPTIDX_NIFTY_28JUL2022_PE_16850 27 Jul 2022 NFO 50 298.00
OPTIDX_NIFTY_28JUL2022_PE_16850 27 Jul 2022 NFO -50 285.95
OPTIDX_NIFTY_28JUL2022_PE_16850 27 Jul 2022 NFO 50 311.00
OPTIDX_NIFTY_28JUL2022_CE_16350 27 Jul 2022 NFO 50 290.00
OPTIDX_NIFTY_28JUL2022_PE_16850 27 Jul 2022 NFO -50 405.00
OPTIDX_NIFTY_28JUL2022_PE_16850 26 Jul 2022 NFO 50 304.95
OPTIDX_NIFTY_28JUL2022_PE_16900 25 Jul 2022 NFO -50 281.45
OPTIDX_NIFTY_28JUL2022_PE_16900 25 Jul 2022 NFO 50 307.90
OPTIDX_NIFTY_28JUL2022_PE_16900 25 Jul 2022 NFO -50 296.80
OPTIDX_NIFTY_28JUL2022_PE_16900 25 Jul 2022 NFO 50 326.65
OPTIDX_NIFTY_28JUL2022_CE_16500 22 Jul 2022 NFO -50 214.05
OPTIDX_NIFTY_28JUL2022_CE_16500 22 Jul 2022 NFO 50 246.00
OPTIDX_NIFTY_28JUL2022_CE_16350 22 Jul 2022 NFO -50 422.40
OPTIDX_NIFTY_28JUL2022_CE_16350 22 Jul 2022 NFO 50 322.05
OPTIDX_NIFTY_28JUL2022_CE_16350 22 Jul 2022 NFO -50 313.30
OPTIDX_NIFTY_28JUL2022_CE_16350 22 Jul 2022 NFO 50 340.50
OPTIDX_NIFTY_21JUL2022_CE_15700 18 Jul 2022 NFO -50 536.50
OPTIDX_NIFTY_21JUL2022_CE_15700 15 Jul 2022 NFO 50 338.40
OPTIDX_NIFTY_21JUL2022_PE_16250 15 Jul 2022 NFO -50 306.35
OPTIDX_NIFTY_21JUL2022_PE_16250 15 Jul 2022 NFO 50 332.00
OPTIDX_NIFTY_14JUL2022_PE_16250 14 Jul 2022 NFO -50 313.10
OPTIDX_NIFTY_14JUL2022_PE_16250 14 Jul 2022 NFO 50 280.70
OPTIDX_NIFTY_14JUL2022_PE_16400 14 Jul 2022 NFO -50 370.00
OPTIDX_NIFTY_14JUL2022_PE_16400 13 Jul 2022 NFO 50 325.20
OPTIDX_NIFTY_14JUL2022_PE_16400 12 Jul 2022 NFO -50 293.30
OPTIDX_NIFTY_14JUL2022_PE_16400 12 Jul 2022 NFO 50 300.35
OPTIDX_NIFTY_14JUL2022_CE_15850 12 Jul 2022 NFO -50 281.10
OPTIDX_NIFTY_14JUL2022_CE_15850 11 Jul 2022 NFO 50 329.10
OPTIDX_NIFTY_07JUL2022_CE_15850 07 Jul 2022 NFO -50 280.00
OPTIDX_NIFTY_07JUL2022_CE_15850 07 Jul 2022 NFO 50 276.25
OPTIDX_NIFTY_07JUL2022_CE_15850 07 Jul 2022 NFO -50 283.40
OPTIDX_NIFTY_07JUL2022_CE_15850 07 Jul 2022 NFO 50 283.25
OPTIDX_NIFTY_07JUL2022_CE_15650 06 Jul 2022 NFO -50 297.75
OPTIDX_NIFTY_07JUL2022_CE_15650 06 Jul 2022 NFO 50 331.80
OPTIDX_NIFTY_07JUL2022_CE_15600 06 Jul 2022 NFO -50 278.60
OPTIDX_NIFTY_07JUL2022_CE_15600 06 Jul 2022 NFO 50 310.00
OPTIDX_NIFTY_07JUL2022_CE_15400 05 Jul 2022 NFO -50 571.05
OPTIDX_NIFTY_07JUL2022_CE_15400 04 Jul 2022 NFO 50 360.00
OPTIDX_NIFTY_07JUL2022_PE_15950 01 Jul 2022 NFO -50 320.15
OPTIDX_NIFTY_07JUL2022_PE_15950 01 Jul 2022 NFO 50 345.45
OPTIDX_NIFTY_07JUL2022_PE_15950 01 Jul 2022 NFO -50 327.35
OPTIDX_NIFTY_07JUL2022_PE_15950 01 Jul 2022 NFO 50 358.30
OPTIDX_NIFTY_30JUN2022_CE_15550 30 Jun 2022 NFO -50 258.25
OPTIDX_NIFTY_30JUN2022_CE_15550 30 Jun 2022 NFO 50 283.25
OPTIDX_NIFTY_30JUN2022_PE_16050 30 Jun 2022 NFO -50 259.45
OPTIDX_NIFTY_30JUN2022_PE_16050 30 Jun 2022 NFO 50 291.75
OPTIDX_NIFTY_30JUN2022_CE_15500 29 Jun 2022 NFO -50 238.55
OPTIDX_NIFTY_30JUN2022_CE_15500 29 Jun 2022 NFO -50 282.20
OPTIDX_NIFTY_30JUN2022_CE_15500 29 Jun 2022 NFO 50 303.20
OPTIDX_NIFTY_30JUN2022_CE_15500 28 Jun 2022 NFO 50 342.70
OPTIDX_NIFTY_30JUN2022_PE_16050 28 Jun 2022 NFO -50 284.10
OPTIDX_NIFTY_30JUN2022_PE_16050 28 Jun 2022 NFO 50 310.65
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