A sure shot profit strategy for F&O / intraday

[SpacemanSpiff]

@Himanshu_Rai

That’s good enough win rate

Win rate on its own is close to meaningless imo. That 35% system can be run at 60% too. But then returns reduce by half while costs remain the same. So not useful.

@Himanshu_Rai

are you systemic trader or discretionary trader

systematic.

@Himanshu_Rai

what’s the monthly return on capital you aim for?

I wont disclose returns, its decent, but not say triple digit every year. Also returns should always be seen with risk together imo.

Market will give what it will give, i have no control over it. I don’t make consistent monthly returns and there is no target. Anything >= 20-30% per year compounded over long term + good capital is basically more than enough. So far have done better than that in intraday, but now need to diversify more, lets see…

[Walker]

Converted short iron condor into long iron condor

I initially created a short iron condor strategy in Nifty when it was trading at 24,200, with breakeven points at 23,970-24,480. However, when Nifty moved above my range to 24,520, I adjusted the position by squaring off the put side. Now, my strategy has turned into a long iron condor. Can someone explain what happened?
(I am attaching the screenshot for the same, in the left column in the screenshot the strikes with red mark are the ones which I closed and initiated new ones)