created : 5 years ago| | live deployment: 0
Strategy description
This is a Nifty/ Banknifty option writing algo coupled with deep OTM Option Buys to reduce the margin required. The Also go opens trades with deep OTM buys and then a straddle/ Strangles. Subsequent adjustments are managed depending on market movement.
Focus is to eliminate emotions and stay with medium-term investment to beat inflation and gain more than long-term fixed deposits return.
Max Profit per day = 8000
Max Risk Per day = -6500
Investments subject to market risk. Margins are allocated at higher side since Brokers often changes margin requirement based on Expiry. Also to cater any drawdown for 3-4 continuous days should not impact getting trades executed.
Although trades are automated once token generated everyday morning, It's recommended to check for any failures on execution and take appropriate action to avoid major losses. You will get informed through Whatsapp or SMS or Call or/and mail for any execution error to alert you.
The margin for 1x Multiplier - Rs. 2,20,000 recommended (to cater initial drawdowns and any margin change on Volatility background)
The margin for 2x and more add Rs. 2,00,000 for every additional multiplier.
All these strategies are successful if stay invested a minimum of 2-3 months.
Kindly request you don't take any decision based on fear or greed once the strategy deployed.
Opening the Aliceblue Demat account & Tradetron account through the following link will provide additional benefits in long term.
https://alicebluepartner.com/open-myaccount/?M=MM1007
https://www.tradetron.tech/?ref=m2
Coming up soon with Artificial Intelligence based Algorithmic Trading.
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