Algo Temple

Thank you, 2024! Jan-Mar: Smooth sailing with far OTM hedges, no surprises. Apr: Challenges hit hard—Mid-cap, Sensex, and Nifty spikes tested resilience. Post-Apr: Back to the drawing board. Tried close hedges with trial & error.

If anyone is using a Private Limited Company for F&O and equity investments with their own funds only, and more than 50% of the income (primary income) comes from equity and F&O, please ping me... need some help...

PL : -10.2L =-6% , Had a tough month right from the start through the end

@sardarji_money @DillikiBiili @AnandableAnand @the_rich_trader @krishstocks @JayneshKasliwal @jitendrajain @kapildhama @pythontrader999 Have algolevel SL of 4% , portfolio SL of 2.5% plus slippage, I only have weekly drawdown number but for selling over all DD shouldn’t exceed 8%

Per trade or per day limit is generally 2%. What is acceptable weekly drawdown in option buying and selling or overall? Requesting expert advise @DillikiBiili @algotemple @AnandableAnand @the_rich_trader @krishstocks @JayneshKasliwal @jitendrajain @kapildhama @pythontrader999

@AlgoOriginals Same here, hit max loss in 1 hour

Time for retrospections? #algotrading

@JINTU20589107 Mostly trend trading

@algotemple Which type of strategy do you running like Trend Trading or mean reversal?

PL +25.5 K Feb #Algotrade

@sardarji_money Not sure, have to check

@algotemple is there a big difference in say 1000 point away and 1500 pt away on expiry day? I thought they are mostly same...

Hedge Nightmare: My current value hedge is 0.65% of my capital

@sardarji_money I usually go for fixed strike difference, so margin management is easier

@algotemple I do only 1rs hedge, does buying a closer/higher priced one have more advantage?

@SaiSurya52 That’s huge

@algotemple around 1.5% of my cap🥲

@KAK0018 Only selling

@algotemple By option selling only ? Bcz I feel difficult to make this returns by only selling for this month!

Monthly PL : 4.5L = 2.5%

@SarangSood Staying away from giving any advice is the best thing to do

If someone faced a big loss today and is thinking about quitting trading, would you encourage them to persist or support their decision? What would be your honest advice?

@RB5766 Sorry, no paid services, using this platform to journal my journey

@algotemple Dear sir Please share your contact details to discuss open account with you to do algo trade

Weekly PL : 1.98L = 1.2%

PL : 1.2L = 0.9%, DD = 1.1%

@famethings Yes, only expiries

@algotemple So you are trading only expiry now a days ?

PL : 2.05=1.5%, Good start to December, with increasing VIX hedging cost is becoming quite expensive

@Atmarishi20 My Twitter DM is open

@algotemple How can I dm you?

How our algo trading journey started , instead of chatgpt fellow algo traders lend a hand

@GentleSoulEarth No telegram or WhatsApp group, only guidance is to start simple like 9 20 straddle using stock mock and slowly do continuous improvement, I did the same

@algotemple Pl guide us. Telegram ch.

Weekly PL : 2.82L = 2.3%,ATH, 2 more trading days left for my system this month