Algo Discipline

Algorithmic Option Seller | Systematic Trader | Discipline | Patience | Perseverance

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[Algo Discipline @AlgoDisciplined]

1DTE: -8.5k 🔴
Positional: +6k 🟢 Running
Carrying 24100CE overnight.

[Algo Discipline @AlgoDisciplined]

@Ashish_4vedi I don’t care about Holidays. Just give me more expiries, thats all.

[Algo Discipline @AlgoDisciplined]

Booking profits early will definitely skip you out on max profit days, BUT it will also save you from days which goes from average profit achieved to max/avg loss of your strategy.
When you go from +X to -X, you don’t lose X, you lose 2X.
Read Again.

[Algo Discipline @AlgoDisciplined]

@tradingmonk_MB Tell us what you know then.

[Algo Discipline @AlgoDisciplined]

When people go into drawdown they stop posting their PnL and start flooding their walls with Gyan.

[Algo Discipline @AlgoDisciplined]

@SumanMund6 Re Evaluate whats wrong with the strategies. Observe during market hours. A single strategy can be in drawdown but whole portfolio not able to sustain market again and again is a sign of problem.

[Algo Discipline @AlgoDisciplined]

@aakankshalovely Exit matters in this kind of market. Market is supposed to give some profits and then take away all. I had several instances profit wiping out, so these days I am booking when its near average profit / day.

[Algo Discipline @AlgoDisciplined]

@optionstories Interested as well

[Algo Discipline @AlgoDisciplined]

Looking at these cheap premiums and sideways market for almost 2 hours, I decided to close all strategies at 11:30AM Today, as I didn’t want to be slaughtered by gamma moves. I think the decision worked out quite well.

STBT: +12k 💚
0DTE: +25k 💚

[Algo Discipline @AlgoDisciplined]

Carrying 23950PE overnight.

[Algo Discipline @AlgoDisciplined]

From +32k to this. 2 of my manual trade had me losses. I was trying to short PE at 24000 but market didnt survive.

0DTE: 8.5k 🟢
STBT: 8k 🟢
Manual: -11.5k 🔴

Net: 5k 💚

No position carrying overnight.

[Algo Discipline @AlgoDisciplined]

@SarangSood Sabka katt gaya. 1% mil raha tha, not booked and went to -0.5%

[Algo Discipline @AlgoDisciplined]

@dhirajsinha Not necessarily. Making something more complex doesn’t mean it will work. Algos are also all about market observations and it has to be simple.

[Algo Discipline @AlgoDisciplined]

Booked -5k in positional Today. From +12k to -5k, thats -17k due to opened in opposite direction.

[Algo Discipline @AlgoDisciplined]

RIP to non directional and directional traders Today.

[Algo Discipline @AlgoDisciplined]

Choppy session Today. Look at the premiums vs the swings market is making. With such cheap premiums, it’s hard to protect your stops.

Carrying 24100PE overnight. Max loss defined.

[Algo Discipline @AlgoDisciplined]

Premiums fallen to ground on 0DTE.

[Algo Discipline @AlgoDisciplined]

Sideways market. Carrying 24100 Straddle overnight.

[Algo Discipline @AlgoDisciplined]

Exited positions by 12:30 otherwise could have been a great day Today.

[Algo Discipline @AlgoDisciplined]

0DTE: 20K 🟢
STBT: 3K 🟢