A simple INTRADAY strategy with decent BACKTEST report of more than 3-5% returns on Monthly basis.

Will be sharing live report on daily basis for a month.

& will conduct FREE webinar to discuss about the results in coming weeks.

Sharing all rules below.

(1/n)

https://twitter.com/cavardhanca/status/1425823985619537930

The main aim of an Intraday Trader , is not to get caught in SPIKES & big Slippages.

So , I thought , if we create multiple entries in different times in the same day , there is some time , when market consolidate & it gives us good profits.

(2/n)

Greeks Simplified.

Basically there are 4 Greeks we need to understand while doing option selling.

Delta - change in option based on change in underlying
Gamma - acceleration of delta (mostly effected on wed & thu of present expiry)
Theta - time decay
Vega - Volatility

(1/n) For option seller -

Theta is most favourable . So always sell options , where most extrinsic value is there .

Higher delta , higher chances of becoming ITM option , which is a negative for option seller . So always sell lesser delta value .

(2/n).

This week (11 Jan - 15 Jan) Broadcast performance :-

3 days overnight straddles given 150 points .

Expiry trade 57 (butterfly), given 80+ points

Expiry straddle given 25 points .

Trade 54 booked 110 points (carried from previous week)

(1/n)

https://twitter.com/CaVardhanca/status/1349382245505671170

Trade 55 booked 110 points (carried from previous week)

Trade 56 booked 100 points
(Fresh trade)

BaJfin around 50-80 points

Tcs 2500 per pair .

Present holdings :- Trade 50 in loss & Trade 58 at Breakeven.

(2/n)

THREAD (TREND FOLLOWING) !!!

Summary of call with @Trendmyfriends

" PROFIT SHOULD NOT BE THE REASON TO BOOK PROFIT "

Thanks for the call & for above statement .

I am posting my important learnings i had from you in todays call .

(1/n) 1) While entering into a trade , just focus on Stoploss & TSL . Don’t think about Profit .

2) Do pyramiding only if a stock clears important resistance like month high / new 52 week high & move SL

(2/n)

Greeks Simplified.

Basically there are 4 Greeks we need to understand while doing option selling.

Delta - change in option based on change in underlying
Gamma - acceleration of delta (mostly effected on wed & thu of present expiry)
Theta - time decay
Vega - Volatility

(1/n) For option seller -

Theta is most favourable . So always sell options , where most extrinsic value is there .

Higher delta , higher chances of becoming ITM option , which is a negative for option seller . So always sell lesser delta value .

(2/n).

Thread :-

ORB Intraday Strategy in BNF with good accuracy (15 min TF)

Explained Rules & analysis .

Do good backtest before taking positions .

Retweet for Maximum Reach . Rules :- 15 min
Entry :- After 9:30, keep 2 orders (1 for buy at first candle high, 2nd one at sell at first candle low). Any one will trigger . Then place SL & Target Order .
SL :- 200 points
TSL :- for every 100 points move , move SL to 100 points
Target :- 200 points
.

Thread (MUST READ , RETWEET FOR MAX REACH IF U LIKE) :-

New Trader , Lets name “RABBIT” opened Twitter - Followed 50 traders on Weekend.
Brought capital of 10 Lakh.
Seen profit Screenshot from Non directional trader on Friday.
Excited to punch STRANGLES on Monday !!!

(1/n) Monday is a Directional day. RABBIT lost 1 Lakh. Strangles trader didn’t post.
Same day Huge profit screenshot from Directional trader.
RABBIT got excited & ready to do directional selling.
VIX increase & no decay in option- exited for 1 lakh loss.
RABBIT depressed.

(2/n)

Backtesting for Strangles in different timings .

@jitendrajain , @stockmock_in

1. Entry 9.30 Exit 2.30 SL 100% Distance 1000 points

1/n 2 . Entry 9.20 Exit 3.20 SL 100% each leg

2/n