These are called strategies. I wonder how can they be called strategy. There are variety of systematic buying of puts and calls and you can find them in various trading platforms. Sensibull will be a better one to refer. They call it strategical trading.
The main problem with the strategical auto trading is that they will ask you to give your opinion.
The market will remain
bullish
neutral
bearish
You have to answer this even though you don’t know the condition. ( A single rumor can reverse the trend of the market even if you work hard to sum up. Before the Lok Sabha elections it happened two times. ) Then they will give some strikes for your opinion. According to your answers they recommend strategies. So what is the point in these apps when you are going to decide crucial points of inputs? If I know the direction, I would put all money at one strike and finish trade within 10 minutes.
The most difficult part of the market is to judge the direction and nobody can do it precisely. Every 5 minutes it changes. They will give the probability of success and % of profits etc. They will give the funds required for that strategy also.
I don’t follow them. Follow the chart in one minute time frame. 10 points gain when market is neutral, in nifty is good. If it is bullish or bearish you can take chances for 15 to 20 points gain. One trade at a time in options. Doing banknifty and nifty simultaneously will be difficult. But you can do intra parallelly as it is not too volatile.
Intra in stocks is a bit slow. You have enough time to enter, place stop loss and square off. You can forget that you have placed order. Index option is difficult.
0 Comments