Strategy description

Share Code: d3524f99-fbff-4f45-83ab-8294e1dd016e

PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.

Strategy Overview

Entry and exit are based on specific conditions. The strategy executes trades only once conditions are met.

Key Details

1. Start Time: To be determined based on the strategy's entry conditions
2. End Time: To be determined based on the strategy's exit conditions
3. Universal Exit: On expiry at 3:00 PM, 1 counter = 1 expiry
4. Conditions Checking: Every 1 minute

Trading Strategy

1. Deep ITM monthly options will be bought based on the Index Future Price.
2. Based on previous experience, the stop-loss (SL) can vary, typically within a range of ₹0000-₹0000 per trade, subject to slippages. In case of a market spike, the SL can be even higher. You may also book Target manually for better results.

Deviations in PNL

All entry, adjustment, and exit trades in this strategy are taken at market price, so there will be small differences in premiums received between different accounts or clients. These differences in P&L are natural, and over time, they will even out. It is important to accept this fact and understand that minor discrepancies are common.

General Suggestions

1. Discipline in Trading: Success in systems/Algo trading mainly depends on maintaining discipline and avoiding manual intervention unless advised in rare conditions.
2. Performance Evaluation: Do not measure the performance of the strategy based solely on 1-month results. We recommend trading for at least 3 months before you begin evaluating or questioning the strategy's performance.
3. Understanding Drawdown: Carefully review the strategy’s drawdown and drawdown period before subscribing. Proceed only if you are completely comfortable and convinced with the strategy. If not, avoid subscribing.
4. Best Results: Best results in systems/Algo trading are achieved when allowing the Algo to perform on its own for an extended period of time.
5. Strategy Evolution: The strategy will evolve and improve based on changes in market conditions or dynamics.
6. Broker Recommendation: It is generally recommended (not mandatory) to trade with two brokers if you are trading with significant capital. This provides a safeguard in case of technical glitches with one broker, ensuring good risk management for clients with larger capital.

Disclaimer

1. I am NOT a SEBI-registered investment, trading, or financial advisor. Please do not deploy my strategies based solely on past performance. Review all the details provided above before making your decision. I am not responsible for your profits or losses.
2. Although this strategy is fully automated, you are advised to monitor your account for any deviations or errors that may occur due to technical glitches from the broker or Tradetron's end.
3. Options trading involves substantial market risks. Please consult your investment advisor before deploying the strategy live.
4. Algo trading should not be viewed as a "money-making machine." It helps avoid emotional trading, adhere to rules, manage money, and execute trades quickly. There will be both downsides and upsides; it’s crucial to stick with the strategy. In Algo trading, slippage, terminal errors, or other technical issues may arise. This is 100% fully automated trading, and it is recommended to monitor your account for significant deviations.

Additional Notes:

1. Time-Tested Strategy: This strategy has been time-tested, but we do not claim any specific ROI.
2. Risk of Option Trading: Option trading is inherently risky, and this strategy should only be deployed if you fully understand option buying.