Strategy description

Strategy description

Disclaimer :  This strategy is fully automated, you are advised to keep a track on your account to monitor any deviations or errors. As option buying involves market risks, Please consult your financial advisor before investing. We are not responsible for your profit or loss. 

It is an intraday option buying strategy with Nifty as underlying. It’s a medium frequency scalper taking around 5 to 6 trades a day . 

Risk Management :

1)     Per trade trailing stop loss

2)     Day stop loss

3)     Even in case of unforeseen event, risk is limited .

Algo basic information :

·         Capital : 30000

·         Start Entry time: 9:15

·         Entry cut off: 3.15

·         Profit booking: Trailing 

·         Stop loss - Trailing 

·       Average numbers of trades per Day: 6

 How to use Algo : 

 1)      Always keep multiplier as per RISK Capacity : Since option buying uses less capital to trade , there is a tendency to increase the lot size beyond risk taking capacity . Avoid trading in lots beyond the loss taking capacity .

 This is the most important thing to keep in mind to trade for long term

2)      Error Management : 

a)      Do not forget to generate token everyday .

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

c)      Keep enough capital for algo to trade .

d)   Keep minimal manual intervention in trading account

Customer care - 9514444755 ( WhatsApp / Call)