Strategy Builders are changing the Options Trading game.
Traders are making ₹1,00,000/Month by just using free tools.
Here are 6 free Strategy Builders that's all you need to start printing cash:
Collaborated with @niki_poojary
Why you should use a Strategy Builder :
Payoff:
Many traders don't know their exact payoff/return that will be made.
Complex strategies:
Strategies like iron fly/condors, calendars require strategy builders to know and the design the strategies as per their risk appetite.
Breakeven:
Traders deploying complex strategies need to know the when to adjust or exit in the trade (the breakeven point).
Save Trade Strategies:
While rolling up or rolling down strikes for adjustments the payoff becomes dynamic which is difficult to be captured in our mind
1/ Opstra
Price: Free
Highlight: The free version allows 2 strategies to be saved and is the best strategy builder out there whether free or paid.
By: @Raghunath_TL & @Definedge
Link: opstra.definedge.com
2/ Dhan
Price: Free
Highlight: Sign up once on their website and then avail these features for free as well as other Options trading features.
By: @DhanHQ
Link: web.dhan.co
3/ Sensibull
Price: Free
Highlight: You can login via your trading account and see the payoff of the position you have taken. Gives you an idea of what you are about to make and the % return.
By: @abidsensibull & @BeSensibull
sensibull.com
4/ Option Oracle
Price: Free
Highlight: Download it via the website and then use this tool for creating and making strategies.
By: @SantoshPasi
Link: pasitechnologies.com
5/ EQ SIS
Price: Free to use, same procedure as others.
Highlight:
By: @EQSIS_India
Link: eqsis.com/primer/option-…
6/ Quantsapp
Price: Free
Highlight: Can do this on the mobile application as well, enter trades and see their payoffs.
By: @quantsapp
Link: quantsapp.com
7/ Stock Mock
Price: Free
Highlight: Go on to their website and you can sign up for free with your mobile number. You get 1 day free for your strategy builder.
By: @stockmock_in & @nitishnarang
Link: stockmock.in
7/ Icharts
Price: 475 per month
Highlight: Best backtesting tool where you have a strategy builder as well, both combined make the whole experience of trading options much more enjoyable.
It is our favourite tool.
By: @iChartsIndia
Link: icharts.in
Free Telegram channel & Youtube channel Links:
We have a Youtube Channel where we cover our analysis and give our views of the markets.
If interested feel free to join using this link:
Telegram channel Link to join: t.me/marketpulsewit…
That's a wrap!
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