Thread by @quatltd

Input: F&O stocks
Interval: 5 mins
Var: price & volume for each stocks
2/n

Max stocks traded per day : 5
Max risk per day: 3%

Ex: for 5L cap, each stokc will be allocated 1Lac captial

Risk per stock: 3% of 1Lac = 3k
3/n

Stock selection:

Do below stock for every 5 mins:

Start time 10:10 am
End time: 11: am
Min per: should be >=3%
It can be long or short
Turnover of the day(vol*price) should be in top 20 List on the given time.
Last 15 mins perChange>=days PerChange*0.015
4/n

Pos sizing:

SL%: perChange*0.35
SL Price: LTP*SL%

Ex:
Stock price: 1000
PerCHange: 5%
SL%: 1.75%
SL Price: 100*.0175 = 17.5
Risk per stock: 3000
Qty: 3000/17.5= 172
This sud be repeated for 5 stocks
5/n

Exit:
You can exit of SL hit or EOD exit ( 3:10 to 3:20 pm)
I am checking SL exit for 5 mins close.
System you can enter high stock and exit if 5 mins LTP is more than SL price
6/n