created : 1 year ago|
| live deployment: 7
Strategy description
Hearty congratulations for taking first step to travel along with us in the journey of Tralgomintech!
Please find the details below for your reference
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Click here for--> DAILY TRACKER
V1.0: Was live upto 02-Jul-2021
V1.1: Live from 05-Jul-2021, Changes listed,
*Hedge added,
*Auto Exit ensures sequence of covering Sold leg first, so no margin penalty.
*If exiting manual, can't ensure the sequence. Exit manual only if sufficient funds available.
*Drawdown and ROI from Tradetron might be misleading as its updated only based on latest margin. Consider the timeline before judgement for V1.1
Feel free to Join our Telegram channel, click-> Tralgomintech
All setups listed below to follow in sequence(click to follow):
Blue Whale
White Shark
Hawk Eye
The Gaur
Elephas Maximus
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Risk Management:
Remember its a Straddle option selling setup. There is a possibility where your deployed capital might end up in big drawdown if proper risk management is not followed.
| Recommended Risk management | % of capital | Value in Rs. | Remarks |
| Capital | 100% | 150000 | Your capital |
| Risk/trade | 1.50% | 2300 | Max risk per day |
| BLUE WHALE: | | | |
| Deployment for 1x | 50% | 75000 | Required for deployment |
| Max drawdown for 1x | 19% | 28000 | Recommended to stop the setup |
Description:
| Its a Nifty Intraday Short Stradddle setup | Sells 1 set of ATM Nifty Straddles with hedge |
| Entry | Only when conditions met |
| Max Loss per day | Capped at -2300 |
Amount required for deployment:
| For BLUE WHALE: | Rs. | Remarks |
| Deployment for 1x | 75000 | Required for deployment |
Discipline:
Always stay with any setup for a month to take any decision or evaluate the performance. It shall be paper trade or real trade.
Disclaimer:
We are not SEBI registered advisors or experts. We are involved in algorithm based stock/options/futures trading where all trades taken by BOT and we are not responsible for any losses incurred due to software or exchange or any glitches. Always follow risk management to protect your capital. There are certain strategies which involves buying/selling and it might wipe out your capital incase you deploy your full capital. We make mistakes, but we don’t fail to learn from it. We will try to ensure mistakes do not wipe out our gains in full and are not repeated. Intention of this group is to support and grow along with everyone.
Trades shown in Paper trade/real trade or backtest results need not be same as actual trades due to many reasons. Always do paper trade for a month, if you are convinced then deploy the capital which you can risk in trading. Option to do real trade or watch the trades or paper trade lies with you.
Please own your loss the way you own your profits! Please do your own research before you pull the trigger.
Beyond all we are a team of energetic traders who are open for ideas and criticism to make life of everyone peaceful. It doesn’t mean that we accept everything. By Tralgomintech team.
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Backtest for last 1 Year
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Vaseem Jabbar Shaikh 4 months ago
Hi, the profits are really good, very good strategy at higher multiples. can you show how much is it profitable at 1x? it takes on an average 8 to 10 legs in a day, which translates to 20 trades (buy and sell), thats Rs. 400 per day, which is approx 8000 per month. do you have monthly profitable figures at 1 x deployment??
Sajan Mathey 4 months ago
I am new in ALGOTRADE. "Ref related with Blue whale" What happened if the trade reached its daily max drawdown? should I manually exit from the tradetron or auto exit?
Indrani Dutta 5 months ago
Just started using it for two days ... looks promising but only problem noted that often execution gets rejected due to fund crunch possibly due to wrong sequence of position entry margin requirement got increased
anil s 6 months ago
It is performing consistently good. I am using it now for more than 4 months. Newbies or experienced should definitely try. ROI is better than most of other guys in longer run.
Abhishek Chowdhury 6 months ago
Quite impressed with this strategy. On days of flash sale/buy, it made significant/max loss (sometimes) but nothing can protect you from very sharp momentum. It managed volatile markets quite well. Some days I tried to be smart and choose the entry and exit but squarely outfoxed by the algo. Only, condition I have not seen so far with this strategy is market and vix both rising. I hope the creators have a plan for it as I have seen very good straddle sell strategies failing this move. I will do 2X now.
Ratnesh Tripathi 9 months ago
Worst strategy .They earns profit with only brokerage .
vinay 10 months ago
A very consistent and safe one i can say, mush have in the list i am happy using it
Chirag Patel 10 months ago
Low risk and high returns, good strategy to start
Pallavi Rajapirabu 11 months ago
Good Strategy for Beginners due to less capital requirement. Yielding consistent ROI.
M R N Rao 11 months ago
The strategy is very consistent and yielding good returns.
Sapna 11 months ago
This a new strategy launched by TMT recently with less capital requirement and its been giving superb performance from day one. Its been giving consistent returns everyday and I have already scaled up multiples. A must have strategy for anyone in my opinion.