Option Scalper

created : 1 year ago| | live deployment: 0

created : 1 year ago | live deployment: 0

Option Scalper

by: FirstChoice Investments Consultant

MarketNeutral

13 ratings

Strategy description

Algo writes Call & Put of Nifty & Repair as per trend

Intraday square off 3.05 p.m

Capital Required for 1 x is 180000 ( INCLUSIVE OF MTM CUSHION) TILL SEP 2021

2 to 6 legs per day

Win Ratio 70%

Max losses per day -3000 & Tgt Rs.6000

Our Wealth Creation Concept

" An Apple a day KEEPS us HEALTHY"

" A Systematic Rule based trade a day KEEPS us WEALTHY"

Our Vision
EVERYTHING FOR EVERYONE Dream RICH ! Dare 2 REACH !!

	30% ROI	50% ROI
Years	Net capital	Net capital
1	50000	50000
2	65000	75000
3	84500	112500
4	109850	168750
5	142805	253125
6	185647	379688
7	241340	569531
8	313743	854297
9	407865	1281445
10	530225	1922168

Algo trading enables to trade consistent without emotions & human errors by which we can attain our Financial Freedom

To get latest updates about our trading strategies

Follow this link to join my WhatsApp group: https://chat.whatsapp.com/CJMG41o4IlY3t9Ik7j0eLE

JOIN our telegram channel : https://t.me/joinchat/AAAAAE_rKvvkrPhhx_K6Ww

THANKS to TRADETRON the platform provider

DISCLAIMER : START DEPLOYING IN LIVE OFFLINE MODE TILL YOU ARE COMFORTABLE

Please Note that PAPER Trading and Live offline results are far different from LIVE AUTO deployment

We do 1 x Live Auto mode in all our listed strategies to show real PnL & statistics from launch date in market place of TT

RISK & PATIENCE ARE PARENTS OF REWARD

Those who can trade consistent atleast for 60 trading days & affordable for 15% capital risk can only get decent returns OTHERS....DO NOT SUBSCRIBE !!!!!!!!!!!!!

Happy Wealth Creation

FIRST CHOICE INVESTMENTS CONSULTANT

73388 52588
Sales & Support

Exchanges

NFO

Capital Required

₹ 180,000

Monthly Fee

Free

Subscribers

View all

Periyasamy

KALIMUTHU PERIYASAMY

Sangeetha

Rahmathulla

Nagarjun

Statistics

Rajneesh Sharma 4 months ago

Nice strategy sir, I am doing paper trading kn this strategy and soon I will deploy in live market. Any tips before live deployment

FirstChoice Investments Consultant 4 months ago

Stay consistent, Never start after huge profit, wait for drawdown & START. It is a consistent performer

Rajneesh Sharma 4 months ago

Today I deployed startegey in live market, but no live trade?

FirstChoice Investments Consultant 4 months ago

Waiting for entry, fully automated

CS Pawan Baid 6 months ago

Hi Can you tell which plan of Tradetron I need to subscribe to get your strategy? second, how you will take charges? Thanks

FirstChoice Investments Consultant 6 months ago

(1) To deploy only 1 strategy , Rs.250 starter plan, upto 5 Rs.1000 plan, (2) We send bill 10% of every Rs.10000 PnL, in case loss we wait till it turn to net profit Rs.10000 & send invoices

Nagendra Singh Dudhoria 6 months ago

Nice Strategy

FirstChoice Investments Consultant 6 months ago

We have not seen ur live deployment in our PnL tracking file, May I know in which Tradetron Id ( profile name) & broker u are using our algos?? Thanks for your comment, will be pleased if you really earned from our strategies

Kuppuswamy Arunachalam 7 months ago

Really giving me consistent returns since oct 2020.Thank you for providing nice strategy. Its time for 2x..

FirstChoice Investments Consultant 7 months ago

Thanks for staying for months .....Consistency deliver amazing returns compared to any other investment instruments. Last 20 days far below past performances, we modified little entry & strike selection condn.........Keep continuing Happy Wealth Creation !!!

Sree S 7 months ago

https://t.me/joinchat/AAAAAE_rKvvkrPhhx_K6Ww I think something wrong with channel name. Telegram shows error.

FirstChoice Investments Consultant 7 months ago

https://t.me/joinchat/T-sq--Ss-GHH8rpb

Balaji 7 months ago

HI Sir, I have one doubt if i invest 55k today next will be lost of 2k then i dont have 55k for next day trading rite. Or is it 55k one time investment

FirstChoice Investments Consultant 7 months ago

42000 is SPAN margin requirement + 13000 MTM losses cushion ( Risk capital), It means order will get executed with 42k margin, but if 3 days losses then u need to continue, so we added 13k additional for consistent deployment. so far historical drawdown is (-) 5000 only from cumulative PnL graph peak

Surendra Reddy 7 months ago

there is too much slippages... my account is not aligned with paper trades. Pls help understand whats wrong.

Surendra Reddy 7 months ago

this might be becuase of the delay in execution by Tradetron. this can be confirmed by looking at broker level order timestamps.

FirstChoice Investments Consultant 7 months ago

Paper trading has no slippages, takes exact price at entry moment which is not possible when 200 clients trading in same time. TT order delay from 1 to max 8 secs, by which few got better PNL others opposite to it But we are sending our live auto deployment results with 1x multiplier from day one in both telegram as well as whatsapp group Net to net is profit higher than other investments when we do consistent,

Subir Kumar Brahma 7 months ago

execution errorr message coming repeatedly

FirstChoice Investments Consultant 7 months ago

Thanks for responding here, we are wondering even after 150 + clients are happy with this "Option Scalper algo", why no one mentioning their comments here. I checked your deployment, You are a Zerodha trader & deleted our strategy & re deployed today ( that too in Pause mode)......If you did not delete strategy, we can check your "Notification Log" report & find out why orders getting rejected. So either Trust & deploy 1 day tomorrow so that we can investigate reasons for ur error. We are doing religiously 1 x Live Auto deployment daily in all listed strategies & updating PnL both in whatsapp group & Telegram group. We SELL only what We BUY, believing win win business models always Last thing, If you are consistent for atleast 60 trading sessions, you will again comment here with 5 star I have given my number in all my algos description, Ready to serve my clients to attain their financial goals Raja Yogi CEO 9884411611 Chennai

FirstChoice Investments Consultant 7 months ago

Yesterday we got Rs.1691, today also strategy running smooth after repair once, when we checked yours, it is error due to ZERODHA token not generated issue. We cant send screen shot here. Give your contact number or contact us Today you have deployed same strategy twice.......in which one has no positions taken & other one running positions with 2 legs open

MkMk 8 months ago

This strategy is showing 20% pm on an averaged, Can we expect 100--120% net pa, Is it good idea as advised to increase multiplier when there is draw down of around 10% and decrease when carry the same multiplier as earlier when it hits new peak, please guide when to increae or decrease multiplier

FirstChoice Investments Consultant 8 months ago

(1) We mentioned TRUE capital 55000 per x ( Intraday margin for selling 2 options 42000 + 13000 MTM drawdown) (2) ROI will come down after Feb 2021, we sent a detailed mail to all our subscribers reg New margin rule, Mar to May 2021 we need 1 lakh , Jun to Aug 140000 after Sep 2021 we need 180000 for same stragegy (3) We provide NBFC margin funding for intraday Rs.39 per lakh per day ( 14% p.a) Interest charged for only used days, check your broker too , (4) Maximum 3 days losing streak, so If drawdown 10% from peak of Cumulative PnL graph or Rs.6000 losses You can increase multiplier 2 x till your old 1 x multiplier cum PnL hits new peak , then go back to 1 x, like wise use your additional capital for optimising your Net PnL, we may get 4 times avg per year like this (5) We launch new strategies including Option Long only , HNI option scalper, Wed & Thur only , NG Rock, Bullions incoming months to provide a complete basket with max possible diversification

MkMk 8 months ago

Many brokers already started provinding margin for intraday on 6-8% pa on intraday basis and 12% for positional carry forward trades, Interest is charged only on the used days, This is for your kind information, Please check with other brokers also, Intraday 14% is too much

MkMk 8 months ago

What is the brokerage in IIFL

FirstChoice Investments Consultant 8 months ago

20 Options, 0.01% for NSE cash , futures, Even we have Freedom Plan Rs.20 per order

MkMk 8 months ago

20 rs per lot is too much, Rs 20 per order seems better

FirstChoice Investments Consultant 8 months ago

we have both , which I mentioned on my abv comments This is review section about strategy, rest matters ping me personally +919884411611

MkMk 8 months ago

Live deployment came down below 100 from 250

FirstChoice Investments Consultant 8 months ago

Since started charging 10% profit sharing, I created a copy of it via Pvt link to make available FREE for clients trading in my broking account ( IIFL + Alice Blue), so subscribers base splitted into 2

Gnanasundharam 8 months ago

Sir recently only I started your option scalper for 1 month after testing, now you are saying you will charge. I m trading with you in India infoline under you. pls clarify. please dont charge

FirstChoice Investments Consultant 8 months ago

After posting reply to last comment, all our clients trading with us started calling for same query. As we strongly believe Win Win situation in every circumstances business or personal, we want long lasting relationship with our business clients. Since we get brokerage income from our own clients, we do not charge ( We give FREE coupons to apply while subscribing our strategies), for subscribers trading with other broker we decided to charge flat 10% on gross profit as our revenue p.m So since you are trading in our broker IIFL terminal , for you its FREE Humble request is "Dont speculate" After seeing continuous profit entering / increasing multiplier from 1 x to 2 or 10 x with GREED (or) After seeing 2 days losses, stopping / pausing / reducing multiplier with FEAR (or) Exiting before hitting TGT / SL due to GREED / FEAR All above 3 actions are speculating only , SPECULATORS never made money Algo trading is completely Passive income type Stay for atleast 1 year to get better CAGR than FDs. MF, real estate We are committed to deliver 36% to 50% CAGR by exploring all possible movements in market without trying to predict / control Stay COOL !

LAKSHMI 8 months ago

Impressed by its consistent delivery ! Thanks to strategy creator. Dont mistake me to ask this , Why you made it free when it delivers average 10% & abv p.m that too with 80% profit days . Becoz First I subscribed many strategies from market place , tested & wasted money, finally I am doing Option Scalper for 2 months, SO I am worried will it be available till last

FirstChoice Investments Consultant 8 months ago

Sorry for delay in replying. Thanks for doing our strategy in Live Auto mode & for the faith you have with us. We are completing 4 months by Dec end from launch date. We plan to charge Rs.0 p.m + 20% p.m profit sharing or Rs.750 p.m + 5% or Rs.1000 only flat p.m after discussing with our live auto deployment clients We are doing all our market placed strategies in live auto mode only Due to new margin system, we are ready to launch Option buying as well as new strategies with robust repair conditions to withstand all kinds of possible market movements after entry We strongly believe Win Win situation Stay for ever & get in touch to get updated

Ravindra Sengar 10 months ago

I compared the paper trading with actual transaction in broker account (alice blue), both are not in sync. As you mentioned in above table for date 22-Oct, profit was 2501/- but I got loss in actual trading session with amount -1496/-. Note - execution status is "Auto Run". I am sharing this issue since its latest one. I have found more discrepancies. Please check at your end. I just tried with 1 lot and monitoring from last one week but i found different results in paper trading as compared to actual trading though i have avoided minor differences due to time lagging. But, strategy should be executed correctly at both places. I have started with 1x and monitoring before adding more lots. In 1st week, I am in loss. Pls take this feedback/issue positively. Overall, its good strategy but remove/investigate root cause of mentioned issue.

FirstChoice Investments Consultant 10 months ago

I sent copy of my Excel, I do 1 x Live Auto mode in all our 5 Strategies, FC 1 stopped 2 days ago due to poor perfomance becoz of change in Nifty volatality But Option Scalper delivered 38% in real time trades in my account Above excel data shows trade details from 28 sep becoz that is the day we opened Telegram channel to update our subscribers, since that time, I am posting my regular PnL in all our Stgs Paper Trading , Live Offline & Live auto.........all three has diff PnL reports (1) For Ex when Short Straddle fires @ 9.45 am, TT sends 1 lot ATM CE Sell order + 1 lot ATM PE Sell order to broker terminal (2) TT server to Broker server .......order get executed in 1 to 10 sec max (3) Though I have 30+ Live deployed, every client will get diff price , max diff 1 to 2 Rs in option premium price (4) So, Global SL Rs.1500 may hit for few & others may end up in profit @ EOD, if Option Sold price for me is 50 & for all others it is 52..........-1500 may come 1st to me. I will be stopped out, but from that point, if it went below without rising further , others may get TGT or EOD Mtm (5) In Live Offline mode / Paper trading mode TT calculates Therotical price @ time of entry which is practically impossible ONLY CHALLENGE : Different price for diff clients due to avg 5 secs delay ( Transit from TT to Broker terminal) So Diff PnL for every clients, but it is only 10% variation +/- if closed out @ 3.06 p.m, or else few will get -1500, others get +2000 ( This is not in our hands) Rest Strategy level we take care, Join our Telegram channel or WHATSAPP me 9884411611 Raja Yogi CEO

Nishit 11 months ago

Looks like a consistent performer. Wondering why no trades taken today.

FirstChoice Investments Consultant 11 months ago

Last 4 days, tuff days for me, continuous problem from tradetron and Alice blue one by one issues causing error in Trade execution, so I paused all my 4 strategies, and only run Index options writing to monitor errors More than 20 clients deploy our strategies in live auto mode Tired of asking excuses to my clients though all strategies perform good Tommorow it will be starting, will stop for 3 days if again error problem persist Today no error in Index options writing strategy, closed in 1500 profit per x

FirstChoice Investments Consultant 11 months ago

Are you doing this? Last 5 days more than 7k non stop profit

Nishit 11 months ago

Will deploy again, thanks.

FirstChoice Investments Consultant 8 months ago

Nishit ji We are executing all our algos in Live auto deployment mode, Our Top performer is "Option Scalper" which avg return is 15% & above net after all slippages & transaction cost Any queries, diffuculties......kly get in touch with me Raja Yogi CEO 98844 11611