IndexGoPro
Strategy description: This strategy is based on options selling. As per our criteria we choose a bank nifty and nifty short straddle.
Max Per Day Risk: The strategy has max loss 5000
Max Per Day Target: Open with specified TSL
Entry & Reentry: The strategy starts at 9:16 AM and after exit the strategy reenters on certain conditions. There can be only one reentry per day for the entire strategy. Where as leg based entry and reentry happens entire day as per market moves. Reentry cutoff time is 1:45 PM on non expiry day and 2:15 PM on expiry day.
Exit: The strategy exits at 2:45 PM on non expiry day and at 3:05 PM on expiry days.
The strategy works at most type of market conditions except big W kind of market. Whoever wants a systematic trading with consistent return your search ends here.
| Total P/L | ₹2,56,619 |
| Capital | ₹6,00,000 |
| Total ROI | 42.77% |
| No. of trade days | 173 |
| Avg profit per trade day | ₹1,483.35 |
| Avg ROI per trade day | 0.25% |
| win/loss | 1.75 |
| Avg Win | 4060 |
| Avg Loss | -2914 |
| Win Rate | 0.62 |
| EXPECTENCY | 48.01% |
Charges: 10% profit sharing on NET PROFIT (after deducting brokerage)