Strategy description

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

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Strategy description

Prosperity apex supreme Nifty50 Edition by Pranav Version 2.0 is an option selling Strategy that combines four different uncorrelated positional 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. Every overnight position if any is protected with the hedge.

User's responsibilities

1. Users are recommended to maintain 10 to 15% more capital than the recommended capital to handle capital rise by exchanges on rising VIX days and drawdown. Once capital is properly maintained and token has been generated between 8:30 AM to 9 AM, in 99% of cases there will not be any execution issue. However, if any error occurs during live deployment, you will receive a notification via WhatsApp, or a call from 'Tradetron.' Please check the notification logs in the deployment to understand the issue and fix it as soon as possible. Once deployment is in error, strategy stops working, which can show unexpected results. If you are unable to fix the error, then connect with us via our telegram channel or the personal telegram id mentioned above. We will assist you.
2. Users acknowledge that any server issue, technical glitch, internet connectivity problem, natural or man-made calamities, or similar types of issues occurring at the broker's or exchange's or Tradetron's end, or at the user's location, may lead to financial losses. In such cases, neither Pranav Gajanan Kanitkar nor TAKE MY TRADE nor their employees and relatives can be held responsible for any resulting losses incurred by the user.

1. Entry Timings: The new counter will start on 1st day of Monthly expiry day at 9:15 AM & runs until last day of Monthly expiry at 3:20 PM or trigger of TSL or satisfaction of universal exit conditions whichever is earlier.

2. Deployment Timings: You can deploy in the middle.

3. Capital Required: ₹10,00,000 (for 1 Multiplier)

4. Buffered Margin Required: (₹2.0 L as buffer margin for 1 Multiplier)

5. Instrument: Nifty50.

6. Type: Positional with Hedges

7. Avg Trades (Buy + Sell) per Day: 6-7

Invoicing of variable fees

Invoices will be issued on the 1st day of each monthly expiry. First invoice will be issued on the 1st day of each monthly expiry or profit is more than ₹50,000 whichever is earlier. Subscribers are kindly asked to settle any outstanding invoices within the next 3 days.

User's Algo Awareness

While strategy logics remain same for all users, adjustments may differ based on entry strike and entry price. User should understand and accept the end results. however, In the long run most probably it tends to even out. User should also consider zero brokerage brokers.

Points to understand the strategy

1. Conduct paper trades for 2 weeks to 6 months to understand the margin requirements and gain confidence in the strategy.
2. Consult a financial advisor before deploying the strategy on live auto mode
3. Understand the risks associated with any investing or trading strategies. we recommend you to follow the strategy for minimum 6-8 months to observe returns and results.

Disclaimer

Pranav Gajanan Kanitkar or TAKE MY TRADE, are not SEBI registered advisors or Portfolio managers. They or their employees or their relatives are not responsible for any losses occurred in above trading strategies. All above strategies are based on index options buying and selling. User should educate themselves about option buying and selling and only run the strategy when fully aware of risk involved.

Automated & algo trading

Good Past performance is not a guarantee of future results. Users are advised to monitor their trading accounts for any significant deviation or errors despite the automation of the strategies.