created : 2 months ago| | live deployment: 13
The strategy trades one lot of crude in two sessions as divided below:-
Session 1 - 9Am to 4 pm
Session 2- 4 pm to 11 pm
Number of trades per day:-
Number of trades tentatively will be as follows:-
Session 1 - 1 trade
Session 2- 1 to 2 trades
Capital requirement - The order is fired in MIS order type and hence the margin will be approximately 30000.
Risk/ Stop loss per day - Risk per trade is 20-25 points and maximum risk per day will be Rs. 5000 (50 points).
Target/ Month - Though it not any guarantee, but the strategy targets approximately 400 points per month in crude intraday trading.
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