I’m considering starting a challenge where I deploy paper trades using non-directional option strategies like Iron Condors, Butterflies, Batman, and similar setups on Nifty and Sensex.
The idea is to post the end-of-day paper P&L and discuss what worked and what didn’t.
Would anyone be interested in following such a series?
I’d definitely follow something like this.
Most people only post winning trades, so seeing a daily breakdown of non-directional setups what worked, what failed, adjustments made, IV impact, risk management, etc. would actually be useful.
Especially on indices like Nifty and Sensex where strategies like Iron Condors, Butterflies, Batman, Jade Lizard, etc. behave very differently in trending vs range-bound markets.
The fact that it’s paper trading also makes it more educational and less “signal-selling” type content. Looking forward to it if you start.
Go ahead.
But paper trading ensures best execution with zero slippages and minimal emotions. Not the real deal by any means…
To keep it sane and meaningful
Otherwise it will seem like magic