created : 5 months ago| | live deployment: 1
ITS A POSITIONAL STRATEGY
CASH C0W-MCX COPPER BRAVEHEART
THIS STARTEGY IS BASED ON THE TREND AND MOMENTUM OF COPPER SO BASED ON VARIOUS TECHNICAL INDICATORS ON A MULTIPLE TIME FRAME IT TAKES THE TRADE(1 LOT COPPER) . THE TRADE WOULD ONLY BE INITIATED ONCE THE VARIOUS TECHINCAL INDICATORS GIVES SIGNAL ON A MULTI TIME FRAME.
MARGIN REQUIRED- 175K
TARGET AND STOP LOSS-TARGET IS UNLIMITED
STOP LOSS IS UNLIMITED
ENTRY TIME: ANYTIME AFTER 9 AM WHEN THE INDICATORS GIVES A BUY OR A SELL CALL
EXIT TIME:WHEN THE INDICATORS DECIDES TO EXIT
PROFIT SHARING OF 10% OFTHE PROFIT ,TO BE CALCULATED AND ADJUSTED AFTER THE LOSS (IF ANY) FOR THE PREVIOUS MONTHS.
Before going for Live deployment: (Credit to TradingBots )
1. Paper trade for a few days (at least a week) and understand the dynamics. Take your time and analyze the results for a few days before opting for live trading. Don't fall for instant gratification. Be patient.
2. Diversification: Prefer diversifying your capital across all 5 strategies instead of using a higher multiplier in one. All strategies are good. Each one will have its good and bad days.
3. No manual intervention: Once you decide to deploy, make it a point to not interfere manually even if there is a loss. Don't use your personal discretion. Deploy only when you start trusting the strategies after paper trading.
4. Multiplier: Don't increase/decrease the multiplier on the basis of profits/losses. Keep it constant for at least a week. Else you might make losses on higher multipliers and profits on lower.
5. Stick to the strategy for at least a month: Don't discard any strategy very quickly. It's not a quick-rich scheme. You need to accept losses as well. Many people delete the deployments if they suffer a loss on the first day. This is not the right way of systematic trading.
6. Intraday deployment and changes: Don't make any changes during trading hours eg: changing multiplier, pausing/reactivating, etc.
I AM NOT A SEBI OR MCX REGISTERED ADVISOR, I AM NOT RESPONSIBLE FOR ANY LOSS INCURRED IN THE TRADING STRATEGY MENTIONED ABOVE. BEFORE DECIDING TO TRADE YOU SHOULD CAREFULLY CONSIDER YOUR INVESTMENT OBJECTIVES AND ABILITY TO TOLERATE RISK.IF YOU DO NOT FULLY UNDERSTAND THESE RISKS YOU MUST SEEK INDEPENDENT ADVICE FROM YOU FINANCIAL ADVISOR.ALL TRADING STARATEGIES ARE USED AT YOUR OWN RISK.
ALGO AND AUTOMATED TRADING:
GOOD PAST PERFORMANCE IS NO GUARANTEE OF THE FUTURE RESULTS. YOU SHOULDN’T DISCOUNT AN ALGO JUST BECAUSE IT HAS NOT DONE WELL RECENTLY AS IT CAN DELIVER ITS USUAL GOOD RESULTS IN FUTURE
Although our algos are 100% fully automated, you're advised to keep an eye over the account to monitor any significant deviation or error