Strategy description

strategy creator overview

Strategy initiation: Place orders from 09:00 am to 11:25 pm based on predefined conditions.

Directionality: This is a completely directional strategy: trades are taken only when the market bias or trend analysis indicates an upward move.

Entry point: Positions are entered only when the market is moving upwards.

Hedging: No hedge is applied. treat your positions as long-term investments

Profit booking: Profits are booked whenever the exit condition is met, provided the gain is at least ₹500.

Exit rules

1. no exit until profit target is reached.
2. all positions are closed on expiry.

Restart: The strategy automatically restarts on the next trading day.

Concerns: The strategy may incur losses if silver remains in a sustained downtrend for two consecutive contract months.  CAPITAL.   Normally, this strategy initiates the positional silver micro lots with quantity two and most of the times, the quantity of number of lots will be less than 10.  However, if the market turns super negative continuously, then the strategy enter the trades upto the maximum 20 lots.  Hence, the capital requirement to manage the positions till recover some extent will be 5 lakhs.  Plz keep your reserve fund for any unforeseen situations.   

Handling losses

1. option 1: exit all positions and redeploy the same quantity once the strategy re-enters the next contract.
2. option 2: continue trading with an increased position size until losses are recovered.