created : 3 months ago| | live deployment: 18
Vega Miner is an INTRADAY VOLATILITY TRADING STRATEGY that starts the day with short straddle position in BankNifty. It will add lots as position goes in favour to extract maximum theta and vega value.
### PLEASE READ FOLLOWING DETAILS CAREFULLY
Daily Target and Stoploss
This algo has a daily stoploss of approx. 1K and target of 5K on 1x multiplier. This algo is ideal for smaller accounts.
Product Type and Square Off
This algo trades only intraday using MIS orders and all trades are squared off by 3:05 PM.
The algo can have maximum 6 lot BankNifty short option trades open at given time on 1x multiplier. That is 45K margin requirement as per Alice Blue. We also suggest keeping 25K additional MTM buffer. So total capital required in this case is 70K for 1x multiplier.
If you have different broker, please use their margin calculator and related information to calculate how much margin you need to keep. Please do not send us queries asking about how much margin you will need, you have to do your homework.
We are happy to announce that for the year 2020 Paper Street has switched to an OPTIONAL PROFIT SHARE model! That means we will not raise any mandatory profit share invoices for our clients. At the end of the month, the clients can pay whatever they like or even nothing at all :D
TO FIND ANSWERS TO ALL YOUR QUESTIONS, GO TO www.paperstreet.capital/faq
Automated Trading is NOT Unsupervised Trading
Good Past performance is no guarantee of future results. It also extends to the fact that you shouldn't discount an algo simply because it's done poorly recently as it can revert to its usual amazing results in future. Although our algos are 100% fully automated, you're advised to keep a slant eye over the account to monitor any significant deviation or errors.
Telegram (Direct): https://t.me/relytnedrud
Telegram (Channel): https://t.me/paperstreetcapital
Email: [email protected]