Out from the market in 1.5 Hours. When you get your average profit of portfolio in 1.5 hours then why to wait for 6 hours. Less is More.
0DTE: 38k π
Positional: 8k π
Net: 46k π’
Out from the market in 1.5 Hours. When you get your average profit of portfolio in 1.5 hours then why to wait for 6 hours. Less is More.
0DTE: 38k π
Positional: 8k π
Net: 46k π’
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 donβt lose X, you lose 2X.
Read Again.
@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.
@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.
Looking at these cheap premiums and sideways market for almost 2 hours, I decided to close all strategies at 11:30AM Today, as I didnβt want to be slaughtered by gamma moves. I think the decision worked out quite well.
STBT: +12k π
0DTE: +25k π
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 π’
STBT: 8k π’
Manual: -11.5k π΄
Net: 5k π
No position carrying overnight.
@dhirajsinha Not necessarily. Making something more complex doesnβt mean it will work. Algos are also all about market observations and it has to be simple.