created : 5 months ago| | live deployment: 16
About the Strategy:
This is a low risk low rewards unique strategy where index options and equity stocks are traded in a single strategy which makes it an entire trading portfolio in a single strategy.
Both the equity trades and options trades balances each other well. For those who have just one deployment slot and want to deploy just one strategy can think about using this strategy. If you have huge capital and have capacity to deploy more, you should diversify some into other strategies from us or other creators for further diversification after thorough due diligence. Dont put all eggs in one basket.
It is an amazing strategy which trades in equity stocks and also shorts 2 bank nifty straddles daily after buying hedges, and performs adjustments in such a way that intraday positions remains diversified to reduce the risk. The strategy takes trades in equity stocks to diversify the risk based on law of averaging, after undergoing a rigorous stock selection process that helps in improving the accuracy of the trades selected.
It is purely an intraday strategy to avoid overnight risk of selling options.
Entry Time : 9:16 for hedges. 9:17 and 9:25 for straddle. And for equity trades varies based on signal generation
Exit time : 14:50 PM for one straddle and 15:05 PM for other. 15:07 for universal exit.
Inbuilt Hedges : Yes
As the capital is split into multiple small trades, using a zero brokerage broker like finvasia, etc or a fixed monthly brokerage plan brokers works best with this strategy. Also the brokers that charges brokerage in % of traded amount also works but the rate of brokerage should be low. For small multipliers, Strictly avoid brokers that charges few rupees per order type of brokerage. As our aim is to take advantage of averaging and not to make brokers rich.
Deviation from deployment to deployment: Due to multiple moving parts in this strategy, this strategy is very likely to give different PNL for different deployments and its perfectly alright. The strategy has numerous edges and that will help you in long term. So stay relaxed and follow patience in case of deviations between 2 deployments.
Do's and Don'ts:
1) Make sure that your account has sufficient Balance for the multiplier that you deploy as per the capital requirement mentioned. Failing which the Strategy will go into Error Execution state and Tradetron will pause condition checking for your deployment.
2) Avoid starting this strategy during mid of the Market. In order to have a proper Hedging its best to start this strategy before market opens.
3) If your deployment is interrupted due to any reason like, paused the Strategy on any day or the strategy went into Error Execution on any day, make sure that the Strategy Status goes through exited status to properly reset the counter and reset the variables used in the strategy and fresh day starts with fresh variables.
Support Contact: https://t.me/+E-9iUDQQhchmMThl
We are not SEBI registered analyst. Neither the Strategy Creator nor Trade-Tron is responsible for any loss to you by deploying this strategy. Please consult your Financial Advisor before Trading in Stock/Options Market. Do not deploy any emergency funds or take any over exposure that may impact you if things go wrong. Also note that Automated Trading is not unsupervised trading, you are expected to keep an eye on the trading as any technology can sometimes have limitations/errors/downtime, etc.