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created : 3 months ago| |  live deployment: 1

created : 3 months ago |  live deployment: 1

NIFTY TURTLE

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Strategy description

Strategy Overview

This strategy focuses on Nifty Options selling with OTM hedges. It operates intraday with 1 Lot (1x) and is designed to function continuously, occasionally skipping trades when conditions are not met.


Key Details:

  1. Capital Required: ₹70,000 per multiplier
  2. Entry Time: 09:15 AM
  3. Exit Time: 03:15 PM
  4. Target: Dynamic
  5. Capital: Dynamic
  6. Average Number of Trades: 2-3 per day
  7. Operational Days: Active most trading days, may skip trades if conditions are unmet.


User Responsibilities:

  1. Capital Buffer: Users are advised to maintain an additional 5-10% of capital beyond the recommended amount to accommodate potential capital requirements, especially during high-volatility days (e.g., event days like election, budget, RBI policy, etc.). Proper capital maintenance and generating a token between 8:30 AM and 9:00 AM generally ensure smooth execution.
  2. Error Management: In case of deployment errors, users will receive notifications via WhatsApp or a call from Tradetron. Check the notification log in the deployment for details and resolve any issues promptly.


Algo Awareness for Users:

In Tradetron, although the strategy logic is consistent, individual outcomes may vary based on entry strike and price. For instance, if one user enters a position at 52550 and another at 52580, their adjustments and results for the day may differ. Over time, these differences typically even out across users.


Disclaimer:

  1. Trading involves substantial risk, and users should take full responsibility for their trading decisions, including the potential loss of capital.
  2. We are not SEBI-registered advisors or portfolio managers, so please consult a financial advisor or conduct thorough research before subscribing to this strategy.
  3. Good past performance does not guarantee future results.
  4. It is also important not to adjust your investment or multiplier solely based on short-term performance.
  5. While the strategy is fully automated, it is recommended to monitor both Tradetron and your trading account for any deviations.

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