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created : 3 months ago| |  live deployment: 1

created : 3 months ago |  live deployment: 1

Nifty Positional_2 Lots Option Buying_T

Strategy description


 "AlgoAcharya strongly believes in, Whatever you give out is what you receive back in life. On this path, we are trying to make others profitable and wealthy so that we can also achieve the same goal"


Strategy description:


> This is a weekly positional option buying Strategy which trades in Nifty index with 2 lotsThis strategy takes entry on every Friday after 3.20 PM and maximum horizon for a trade is 1 week (Friday till Thursday).  

# Lots: 2 Lots per trade

Margin with Buffer: Min Rs. 50,000 (Strongly Recommended)

Actual used margin: Rs. 12,000 to 20,000 (just for reference)


  • Max Profit: Trailing SL for profit
  • Max Loss: Max loss is Restricted to Rs. -5,000 for the week
  • Max Drawdown: 36.35% (As per Backtest data) 


                                                                                                   


*These results are based on back tested results that have certain inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown


Error Handling:

User can refer YouTube and search for videos explaining "How to Handle Errors on Tradetron" or can connect to me on Telegram

 

Note:

  1. Users are suggested to put quantity size (Multiplier) same for whole month for better result. If it is changed more frequently, can lead to losses as well
  2. The strategy has a fixed SL and fixed target point which has been determined by back test to have the best possible return
  3. Users are suggested to stick to the strategy for at least 2-3 months to better judge the strategy, since there could be drawdown phase as well. Every strategy has some drawdown phases but one should wait till the drawdown of the strategy is crossed and not to judge the strategy based on few trades
  4. We recommend that people should have a basket of strategy to better manage the drawdowns and get a smoother profit journey
  5. User can exit the strategy if he/she feels profit is enough for the day. However, we do not recommend the user to exit it manually, you should believe & Trust the strategy and let the strategy work for you
  6. It would more profitable to trade the strategy with any broker offering zero brokerage plans (Kotak Securities also offers zero intraday brokerage, if you want to open account, my refferal https://kotaksecurities.ref-r.com/c/i/18843/66813957?r=tl


Support: 

Telegram group: https://t.me/+eIrVSlK_tVM2ODJl


We request you to please provide your feedback & appreciation on this strategy.


Disclaimer: AlgoAcharya and I am not a SEBI registered investment or financial advisor. Please consult with your Financial Advisor before Trading. We are not liable for any losses as a result of using this strategy. We recommend subscribers to paper trade the strategy for at least one week before deploying it live to gain confidence. 

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