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created : 2 months ago| |  live deployment: 205

created : 2 months ago |  live deployment: 205

Smoking On Ice // SOURCE  (1630 subscribers)

23 ratings

Strategy description

Smoking On Ice is a SMART INDEX OPTIONS SELLING STRATEGY that sells intraday Nifty and BankNifty options with adaptive parameters for strike, entry time, exit time and stoploss. The system will continuously identify best parameters for each day based on historical performance.


Smoking On Ice = Smoking In Black + Penguin Cave


### PLEASE READ FOLLOWING DETAILS CAREFULLY


Daily Target and Stoploss

This algo has a daily stoploss of approx. 8K on 1x multiplier. It has no daily target limit and lets the trades run until square off time (except for expiry where it books at Rs. 2).


Capital Required

The algo can have maximum 2 lot BankNifty and 2 lot Nifty short option trades open at given time on 1x multiplier. That is 30K margin requirement as per Alice Blue. We also suggest keeping 10K additional MTM buffer. So total capital required in this case is 50K for 1x multiplier.


If you have different broker, please use their margin calculator and related information to calculate how much margin you need to keep. Please do not send us queries asking about how much margin you will need, you have to do your homework.


Profit Sharing

We are happy to announce that for the year 2020 Paper Street has switched to an OPTIONAL PROFIT SHARE model! That means we will not raise any mandatory profit share invoices for our clients. At the end of the month, the clients can pay whatever they like or even nothing at all :D

TO FIND ANSWERS TO ALL YOUR QUESTIONS, GO TO www.paperstreet.capital/faq

Automated Trading is NOT Unsupervised Trading

Good Past performance is no guarantee of future results. It also extends to the fact that you shouldn't discount an algo simply because it's done poorly recently as it can revert to its usual amazing results in future. Although our algos are 100% fully automated, you're advised to keep a slant eye over the account to monitor any significant deviation or errors.


Contact Information

Telegram (Direct): https://t.me/relytnedrud

Telegram (Channel): https://t.me/paperstreetcapital

Twitter: https://twitter.com/__paperstreet__

Email: tylerdurdenisfake@gmail.com


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