Hi All,
Below is my paper trading statergy which i think will work. Experts and successfull traders are welcome to post their comments/experience and critics.
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"Nifty spot Trading @ 4708 August 5th @ 10:13 Am
Paper Trading Strategy:
Initiated the below trades
a) Buy Nifty Aug Future @ 4700 - 20 Lots (rounded to 4700 for computaion purpose)
b) Buy Nifty Option Aug PE 4700 @ 165 - 20 Lots
c) Sell Nifty Option Aug CE 5000 @ 56 - 60 Lots
d) Exit when Nifty reaches 4900 or 5000. When Nifty reaches 4900, sell all the Nifty position (a) and with the earned profit (2lakhs) buy the Nifty 5000 call. By doing this we have created 3 opened position in the market. 1. (b) 2.(c) and 3. Nifty Call Option @ 5000."
"Things to keep in Mind:
1.Trading days Remaining: 17
2. Created many Open position with out any Loss. If you are doing this the for 10 times then Market will reward you atleast 4 times and u can earn a huge profits.
3. whenever we get a reasonable profit in (c) then square of the position since selling nifty call is a high risk trade and also we have initiated this trade only to negate the position created in (b)
4. Market wont trend UP too much in short period with out any news.
5. This Stategy Need a huge capital to trade. Info needed from the experts.
6. This stategy will work when the market goes down, No movment, and slightly bullish.
"
PLEASE SEE THE ATTACHED EXCEL SHEET FOR THE ACTUAL STRATEGY
Thanks,
Winsome.
Below is my paper trading statergy which i think will work. Experts and successfull traders are welcome to post their comments/experience and critics.
****************************************************
"Nifty spot Trading @ 4708 August 5th @ 10:13 Am
Paper Trading Strategy:
Initiated the below trades
a) Buy Nifty Aug Future @ 4700 - 20 Lots (rounded to 4700 for computaion purpose)
b) Buy Nifty Option Aug PE 4700 @ 165 - 20 Lots
c) Sell Nifty Option Aug CE 5000 @ 56 - 60 Lots
d) Exit when Nifty reaches 4900 or 5000. When Nifty reaches 4900, sell all the Nifty position (a) and with the earned profit (2lakhs) buy the Nifty 5000 call. By doing this we have created 3 opened position in the market. 1. (b) 2.(c) and 3. Nifty Call Option @ 5000."
"Things to keep in Mind:
1.Trading days Remaining: 17
2. Created many Open position with out any Loss. If you are doing this the for 10 times then Market will reward you atleast 4 times and u can earn a huge profits.
3. whenever we get a reasonable profit in (c) then square of the position since selling nifty call is a high risk trade and also we have initiated this trade only to negate the position created in (b)
4. Market wont trend UP too much in short period with out any news.
5. This Stategy Need a huge capital to trade. Info needed from the experts.
6. This stategy will work when the market goes down, No movment, and slightly bullish.
"
PLEASE SEE THE ATTACHED EXCEL SHEET FOR THE ACTUAL STRATEGY
Thanks,
Winsome.