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created : 7 months ago| |  live deployment: 3

created : 7 months ago |  live deployment: 3

NIFTY Laxmi v.3

SD

Strategy description

Good GREEN Day Traders. 

@@@Thanks to all who taught and supported me@@@



Please Read all details carefully before live deployment of this strategy

 

1.      This is an intraday, option buying strategy. Its a scalping strategy also holds ground in case momentum achieved by market . Buys call and put options of Bank Nifty based on indicators.  Strategy entry and exit criteria is as per indicator setup.  There is no fixed target.  After trades strategy will exit at 03:26 PM. Trades will be executed every day and sometimes 10-15 trades may execute in a day. Trades will execute purely on basis of technical parameters. 

 

2.     If you are satisfied with profit showing in any counter you can Exit from trade any time, as per your target, through Tradetron only, After exiting the trade, if you don't want to resume strategy  you can PAUSE the strategy for entire day. Low risk traders  can exit strategy on optimum target or by 3pm. You can manage your trades any time if required.  

3. PLEASE PAPER TRADE OR LIVE OFFLINE before investing REAL MONEY.....


4. Since its taking so many trades ,to save on broker fees you may use 2x or 3x multiplier.(Max 15x multiplier permitted now).Choose your broker wisely , with Zero Brokerage or less with each trade.

5. Capital is Rs-15,000/- 


Trading instrument

Bank Nifty

Entry  -  Time 09:20 am (MAKE SURE YOU ENTER BEFORE 9:15 AM EVERY DAY)
Last Entry. Before 03:15 pm
Exit -  Time 03:26 pm
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Invoices and Profit Sharing

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

2.      For Every month there will be profit sharing invoices for all with 18% GST and need to pay on Tradetron platform. Invoice those fail to pay by the due date get shifted to defaulter list and Blocked.  Invoice will be generated last Saturday or Last day of every month with fresh pnl record as per tradetron only.(No Offline invoices).Sub brokers may be dealt separately

3.     PNL consider for all users as per Tradetron record only. So follow Tradetron site or app for entry and exit. 

4.     For Loss there are no profit sharing invoices generated, so whenever strategy is in profit then only profit sharing invoices generated.

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 won't be any profit sharing and this loss get balanced in next Invoice date. Now in 3rd Invoice time you if get profit of  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.

5. For any adjustments due to error please contact in telegram group or direct message with details.Other requests will be rejected.

***Disclaimer***: -

 

   I am not a SEBI registered investment or financial advisor and I am not SEBI registered analyst. NO claims, rights reserved. I am not responsible for your profit or loss. There is no HOLY GRAIL STRATEGY. Do paper trade prior to live deployment. As option buying involves market risks, please consult Your Financial advisor before using this algo strategy.  

        If you do not fully understand these risks you must seek independent advice from you financial advisor. Trading in the stock market without knowledge can put you in trouble, so don't get fooled , so learn, understand and then come to the stock market and never invest more than 10% of your savings here
   Note :   Algo Trading does not mean a money-making machine, it is helpful in avoiding emotional trades, following rules, managing money and executing trades quickly. There will be downside, as well as upside we need to stay sticked with strategy. In Algo Trading there may be slippage, error in terminal or any technical issue. Although it is 100% fully automated trading, you are advised to keep a watch over the account to monitor any significant deviation. Strategy Creator is not responsible for any losses.
HAPPY TRADING



Thank you.......



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