Strategy description

Gullak Bi Index is a market neutral intraday option selling strategy with BankNifty & Nifty as underlying. It is always paired and does 1 -2 adjustment basis market movement. 

Risk Management : 

1)     Per index  stoploss 

2)     Day stoploss

3)     OTM options sold to reduce risk .

4)     Limit order instead of Market order to avoid freak trade . 

Algo basic information : 

 
Capital : 26000
Start Entry time: 9:15
Entry cut off: 2:00 
Profit booking: Dynamic Stoploss – Fixed 
Numbers of trades per day: 4 to 8 (Approx)

 How to use Algo : 
 

1)      Always keep multiplier as per RISK Capacity : Donot increase the lot size beyond risk taking capacity . This is the most important thing to keep in mind to trade for long term .  

2)      Error Management : 

a)      Donot forget to generate token everyday .

b)      USE notification feature of tradetron i.e for new positions and error , get info via email , whtsapp , telegram , call . 

c)      Keep enough capital for algo to trade .

d)    Keep minimal manual intervention in trading account 

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