Strategy description

Natural Gas Option Intraday Strategy

Disclaimer: I am not a SEBI-registered analyst. I am not responsible for any losses incurred. All investments or trades in the share market and commodity market carry inherent risks. Please read and understand all the related information before trading. Consult your financial advisor and make informed decisions before investing or trading in this strategy. Contact/WhatsApp No: 07978009091

Note: Past performance or paper trade performance does not guarantee future profits or losses.

Strategy Overview

This strategy is designed for trading Natural Gas options (commodity) on an intraday basis. It operates using the current month's Natural Gas options for buying and selling (1 lot). The strategy buys a current month's Natural Gas option when predefined entry conditions are met. The target is 5 points for Natural Gas, and the stop loss is kept minimal—maximum stop loss is 2% for each trade.

Key Details:

1. Traded Instrument: Natural Gas options (MCX)
2. Capital Required: ₹60,000 for 1x multiplier (depending on your broker’s leverage and margin)
3. Entry Time: After 9:15 AM
4. Stop Loss: Maximum stop loss of 2% for Natural Gas
5. Target: 5 points per trade
6. Testing: First test the strategy in paper trading mode before going live
7. Exits: Exits after 11:30 PM daily

Important Notes:

1. This strategy is for intraday trading in Natural Gas options.
2. Capital requirements vary based on your broker's leverage and margin. It is advised to keep an additional 40% buffer in your account to adjust for potential losses.
3. Paper trade first to test the strategy and check the trades in your broker's chart before going live.
4. The strategy takes trades after 9:15 AM and exits by 11:30 PM every day.

Fees:

1. Monthly Fee: Free for the first month
2. Variable Fee: 10% of monthly profits

Algo Trading Considerations:

1. Past performance does not guarantee future results.
2. Keep an eye on your real trading account to observe discrepancies, errors, or P&L issues. If errors occur, manually "cancel" or "complete manually" from Tradetron settings.
3. Ensure you have knowledge of how to subscribe, deploy, paper trade, and manage errors during trading to avoid emergencies.
4. Always maintain the required capital and margin, with a buffer amount, in your account.
5. Consult your broker for the required leverage and margin for buying and selling Natural Gas options.

Contact Information:

If you have any queries, feel free to contact me on WhatsApp at 07978009091. Thank you!