Since how long are you using these bots ?
since 1.5 months.
since ur capital is 8 lakhs u can trade with 3 lots.
if u trade midcap ats u can trade only 1 lot as max loss per lot is 9000.
My initial strating capital is 3 lakhs. I will take it to 10 lakhs in 6 months after chking the performance. My expected returns per month is 4%. How much have you achived on an average per month ?
Would you recommend to start with them ?
hi1. i am not qualified to recommend anything, u have to go through the videos and blog of squareoff and make ur decision.
2. i dont think making 4% per month (48% per annum) is possible .
3. i am new to algo trading so i am not qualified to guide you, there are many senior traders here who may help you
I do not recommend squareoff Bots. I have used them for a quite time, but lately it has been only loss making. Please go through their shared PnL in the past. (Now they have even stopped doing that). Their Telegram group is not open for public, its just a channel and no one can discuss whats going on actually.
I recommend Marketcalls, who are very transparent in their communication and everything is posted in the group!
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hi 1,can u pl share details about market calls, 2 is it fully automated like square off bots 3, do they share profit and loss daily
4, what returns do you get from there?
thank you.
I just checked the Squareoff bots Yt channel, video upload frequncy has gone down and I even found videos about investing on the channel now⌠So I guess algo clients are dropping fast so change in strategyâŚ
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(1) As a general guideline, itâs best not to trust your money with otherâs algo. If you donât understand and canât control the algo, you canât manage when things go wrong.
(2) Another question, if somebody had a money making bot, why would it be public (regardless of paid or free), wouldnât they deploy it for themselves?
(3) Even if the bot does work, because somebody is charitable enough, wouldnât the alpha decay be pretty fast since everyone will start using it? The strategies would stop working within weeks due to alpha decay.
Food for thought @drsennath . Happy investing.
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Hi u can try squareoff and market star, but u should see their videos and take ur own decision.
Extremely disappointed with Squareoff bots for removing their algorithms without informing users in advance. Regardless of the reason, I have lost trust in them due to their continuous changes in the platform and will not be using their services again. This is the problem with relying on an external platform; you have to keep adapting to their arbitrary decisions. Their ATS algorithm caused significant losses in March due to one-sided market movement, and their abrupt removal did not give users a chance to recover losses when the market improved in late March. It is more of a trust factor than their algo performance for me.
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hi in yesterdays video from squareoff it was mentioned that they will bring ATS back in about 2 to 3 months after getting SEBI approval.
i also made big loss in ATS in March
Can you share the video link. I cannot find it.
I doubt those timelines thought given Sebi only allows plane vanilla white box algos for now.
By the way after banknifty weekly expiry is stopped, I donât think nifty and sensex ATSâs were profitable. I had 2 profitable months but the third month will wipeout entire profits from first 2 months. Thatâs the problem. Also baskets are they profitable?
hi I STARTED BASKETS IN MARCH. IT WAS A LOSS, THIS MONTH WE HAVE TO WAIT AND SEE.
BTW, HOW MANY LOTS ATS U TRADED , AND WHAT WAS THE HEDGE LEVEL?
IS IT A COMPLETE LOSS ( NET) OR CHOTTA PROFIT.
In March i suffered heavy loss. It was around 63000 in march and 28000 in April. In April I traded only first 4 days then stopped. 14 days continuous loss from March 14. I used to trade nifty basket on odte and 1 dte, and sensex basket on odte and 1 dte. I always kept risk less than 1.5% of my capital. The problem is the losing streak is more and the amount lost when we loose also more. Profit days are less and amount in profit also less.
hi ok. i trade only nifty basket now on 0dte. started in late march after ATS was stopped ( basket traded only 2days in march) in loss of about 45000.( before that i was trading ATS)
kirubakaran told they may bring ATS from august, then i will start ATS in sensex also.