REPETITIVE ALGO ORDER
A relatively new innovative strategy being started by Shah Stocks since last few months. Since past few months, I myself was majorly dedicating my time into this strategy and creating it so well, that it is beneficial to all the investors with maximum risk protection.
Shah Stocks has always been against Futures and Options as investors know, but weekly expiries of Nifty and Bank Nifty has open a whole new segment where traders can take the most benefit out of it.
Need of this Strategy:
As we all know stock markets hasn't been able to perform much in last few months, and we were also of the same opinion that investments for now isnt gonna yield much in coming years. Meanwhile Weekly expiry of Nifty and Bank Nifty came into existence. Investors are losing money and now time isn't far when they will loose patience as well. So, what if we wanna recover the loss or make some extra money while we are invested here.
Let us see, what are the key takeaways. Because of the weekly expiry, there is too much of volatility in Nifty levels, especially on Thursday, it being an expiry day. We have started this strategy specifically in Nifty Options, where we get a high volatility.
Best Benefit here for a Trader is that, he doesn't have to continuous watch the screen. Once the order is placed, he can do his routine work. The algo's are repetitive, so orders will be placed automatically.
Firstly we are approaching with a strategy where, Repetitive Bracket Orders plays the vital role. Every trader must be aware of Bracket Order, where a Trader enters the Buying Level, Target and Stoploss.
eg. If I wanna Buy Reliance Inds at Rs 1150.00 and expect it to hit target at Rs 1170.00 But depending on chart and my risk appetite, I keep stoploss of Rs 10. So I will keep a stoploss of Rs 1140.00
So imagine it in a way where once the trade is completed, we again make this order live. So , once the position is squared off, on either side (Target or stoploss) once again the order will be placed for the same level. This makes it repetitive. So, we do this particularly in Nifty Options. We have been working on this since last 2 months and we have data for it too.
We are in talks with Prabhudas Lilladher to roll-it out as a product. But if we look at last 1 month performance, as the levels were selected very precisely by us, we were able to clock one of the best returns in this streategy. Main benefit here is that the Target is almost double than the Stoploss.
You can get the file from over here. Click below.
Repetitive Option Strategy
If you go through the file, you will be able to see how the product has performed. If an investors has started trading even with just 1 lot of Nifty, Investment of Rs 2500 approximately. The overall gain for the investor at the months end would be Rs 5575 (excluding brokerage, approximately Rs 500 including Taxes). NIFTY range has been same in last 1 month but we were able to gain 77 points in that Nifty volatility.
Major challenge here is to design and implement this criteria in software. We are glad to inform that we were able to do this quite accurately. We have been running Paper Trades in the background and simulating it personally. Checking it on various strategies and almost all parameters, I think we are going to have a clearance soon.
Any Options trader, who wants to get more info on this can contact me on +91 - 8849380276.
Innovation, Technology and Data when summed up, its beneficial for everyone. Here we have added strategy of Repetitive Algo Order, with Technology and implemented it. Data and Experience which everyone needs is with us. This is just the start of the strategy. We are looking forward to bring various innovations in this product, so that it will be useful to maximum Investors/Traders.
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