created : 1 month ago| | live deployment: 8
created : 1 month ago | live deployment: 8
Bank Nifty and Nifty option Buying Scallping CE And PE 3LotsTrend Following whatts8919108464
Strategy description
Entry Conditions:
- Entry time will be after 9:22 AM when the strategy conditions are met (not based on time).
- The strategy will enter with 1 lot first and will add 2 extra lots when needed. This helps reduce drawdown (DD) and minimizes stop-loss points.
- The strategy is built around trades that offer a good risk-reward ratio.
- It aims to catch bottoms (reversals) and follow the trend throughout the trading day.
- In addition to trend-following trades, a few scalping trades will be taken to minimize losses if they occur.
- The goal is to limit daily losses to ₹1,800.( Which is 6% on Deployed Capital)
- The strategy aims to achieve daily profits of ₹15,000 or more, using a deployed capital of ₹30,000.
- Trades are based on detailed observations, including:
- Data analysis.
- Volume tracking.
- Technical indicators.
- Price action.
- Support and resistance levels.
2. Big Players' Activity:
- A key aspect of the strategy is observing whether big players are accumulating or distributing assets in the market.
3. Index Comparison:
- The strategy includes comparing different indexes to identify which ones show clear strength and which exhibit weakness.
- This helps in making informed trading decisions by focusing on stronger or weaker indexes.
Handling Trades:
- If the trade starts moving into a loss, the strategy will cut the trade quickly to minimize losses.
- If the trade moves into profit, it will be held for a reasonable amount of points to maximize gains.
4. Capital Maintenance:
- Expected Drawdown 20 %
- Users are advised to maintain 20% additional capital beyond the recommended amount .
Error Handling:
- If there is an error in live deployment, users will receive a notification via WhatsApp or a call from Tradetron. Check the notification log in your deployment to identify and resolve the issue promptly.
SHARED CODE : b883c41a-821c-4f2c-b585-684a24333e66
Disclaimer:
- Mallikarjun Reddy is not a SEBI-registered advisor.
- This strategy is time-tested, but we do not claim an attractive ROI.
- Please consult your investment advisor before deploying the strategy live.
- Option trading is 100% risky, and this strategy should only be deployed if you have a complete understanding of option Buying.
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