Strategy description

Contact Us

1. Email ID: [email protected]
2. Telegram ID: @Pranavkanitkar

Share Code (Live Auto)

e8c76fb5-be9e-42d2-96c4-8c5d121ab08f

Strategy description

Prosperity apex titan rapid by Pranav Kanitkar is an option strategy that combines two different uncorrelated intraday strategies. The main advantage of this strategy is its low drawdown and medium M2M swings. It combines both directional as well as non-directional strategies in one basket.

Entry & Exit Timings

1. Entry Time: The new counter will start everyday at 9:15 AM
2. Exit Time: The counter will exit everyday at 3:25 PM

Deployment Timings

You can deploy on any trading day before 9 AM

Capital & Margin

1. Capital Required: ₹6,50,000 (for 1 Multiplier)
2. Buffered Margin Required: ₹1.0 L as buffer margin for 1 Multiplier

Trade Details

1. Instrument: Nifty50 and Banknifty
2. Type: Intraday
3. Avg Trades (Buy + Sell) per Day: 6-7
4. Stop Loss: ₹7,500 per day (for 1 Multiplier)
5. Target: No Fixed target
6. TSL: 3 different logics (strategy will exit based on whichever satisfies first)

User’s responsibilities

1. Users are recommended to maintain 10–15% more capital than the recommended amount to handle margin rise on high-VIX days and drawdowns. Generate your token between 8:30 AM and 9 AM. If an execution error occurs, you will receive a WhatsApp notification or Tradetron call—check logs and resolve, or contact us on Telegram for assistance.
2. Users acknowledge that server issues, technical glitches, connectivity problems, or force-majeure events at the broker, exchange, Tradetron, or user end may lead to financial losses. In such cases, neither Pranav Gajanan Kanitkar nor TAKE MY TRADE (nor their affiliates) can be held responsible.

Invoicing of variable fees

Invoices are issued on the 1st day of each month. Please settle any outstanding invoices within 3 days.

User’s Algo Awareness

While strategy logic is uniform, entry strike and price may vary by user, leading to differing results. These variances typically even out over time. Consider zero-brokerage brokers.

Points to understand the strategy

1. Conduct paper trades for 2 weeks to 6 months to learn margin requirements and build confidence in the strategy.
2. Consult a financial advisor before live auto deployment.
3. Understand risks associated with trading strategies; follow for 6–8 months to observe performance.

Disclaimer

Pranav Gajanan Kanitkar or TAKE MY TRADE are not SEBI-registered advisors or portfolio managers. They and their affiliates are not responsible for any losses incurred. All strategies are for educational purposes—users must be fully aware of the risks before deploying.

Automated & algo trading

Good past performance is not a guarantee of future results. Users should monitor their trading accounts for any significant deviations or errors despite automation.