Strategy description

Strategy Description

1. Type: Intraday Nifty and Sensex Selling (Intraday), semi-directional strategy
2. Capital Requirement: Approx. ₹2 lakhs for 1x LIVE AUTO deployment
3. Positioning: Shorting ATM strikes (both call and put options in pairs), hedged with far OTM
4. Order Type: Intraday but uses NRML orders
5. Entry Timing: Around 9:20 AM
6. Counters: 1 counter per day
7. Readjustments: Multiple
8. Final Exit Time: 3:00 PM
9. Order Management: Best Price with 20 revisions, at timeout it places a market order
10. Market Conditions: Semi-directional
11. Order Type: NRML and limit orders only (No market or MIS orders)
12. Expiry Management: None

Important Capital Management Guidelines

Traders are encouraged to maintain a reserve of 5-10% above the recommended capital to accommodate fluctuations during periods of increased market volatility (e.g., during high VIX days). Once capital is appropriately allocated and a token is generated between 8:30 AM and 9:13 AM, execution issues are rare (approximately 5% of cases). If any errors occur during live deployment, users will receive notifications via WhatsApp or a call from Tradetron. Please review the notification log to address any issues promptly. Unresolved errors may halt the strategy, potentially affecting results. If further support is required, assistance is available via the Telegram discussion group.

Algo Strategy Awareness

Premium-based algorithms, which do not rely on specific trading signals or indicators, may show variations in P&L across users. This is due to differences in entry premiums captured by brokers or execution platforms. Entry premiums can vary based on Best Price availability in the Market Depth, which leads to minor discrepancies in Stop Loss and Take Profit levels across different accounts. As a result, one user may book a profit on a trade, while another may not, especially if the market reverses.

Disclaimer

Investments in the securities market are subject to market risks. Please read all related documents carefully before investing. SEBI registration, BASL membership, and NISM certification do not guarantee the performance of the intermediary nor provide any assurance of returns. Past performance does not guarantee future outcomes, and no warranties are provided. Investors are strongly advised to conduct independent due diligence and fully assess risks before making any investment or trading decisions.