Hi, are you open to collaboration? I’m also running a few strategies with good monthly ROI. I can share the P/L with you. All strategies are automated, I have a team of algo developers to manage operations. We primarily trade US and Indian market options and currency futures.
sorry boss, no dice. Only doing this for fun, no idea of colab/managing money/sell anything.
Good Luck
update (18/723):
Lost 2.5L in a matter of seconds due to massive slippage on finnifty today at 11:37.
The reality of dayTrading
Going to be trading with half-size for the coming few days
Slippage cost you 2.5L on a 50L a/c can you explain some details?
Took a bullish position and option that should have been Squared off at 140 didn’t execute and i covered it at 210 because of the incredibly quick move.
Note that this is not out of the ordinary and is to be expected when highly leveraged (sort of a payoff for higher returns). I was also trading on my other main accounts and was slower to react on this account.
i was active on finnifty at this time - what was the slippage?
Absolutely my fault and not the broker (or anything else). Was just too slow to react. 20500pe (covered at 210 instead of at the intended price of 140)
Yes ~0.8% in 15 minutes candle. Also premiums are overextended when such a move happens, and It can cost.
Yes they are but the cost is welcome
because those 10% of the time the option prices don’t revert, it leads to much higher loss.
The link isn’t updated.
I was able to see August, and now I am waiting for September results
August was bad for me but September helped me with some extra gains to cover up for August.
Hi @Ashwin_kumar1, Hope you are doing okay ? This link is not working anymore and just keep loading, not sure if you are aware or if you are still working towards challenge.
The P&L link has now been updated, showing the last 180 days returns.
All good
@Piyush_S @Jason_Castelino sorry for such a delayed response folks, been off all sm since july. I’d been updating the p&l every month, until zerodha disabled this function.
Since zerodha no longer allows me to update the pnl every month, I’m going to be letting the pnl update live everyday. This will only show the last 180days results, so there will also be screenshots posted to this thread, at the end of every month, to track data for longer than 180days.
The charges are always a good indication of the number of trades taken in any given month. As seen above, the past three months( sep, oct, nov), i have taken less than half the number the trades i usually take.
Reason, the markets have been pretty vicious (that includes the broker). All day, everyday, the markets have been spiking every which way. The problem is only compounded by the broker, with the feed not updating, the positions not showing, the orders not going through, and just being glitchy.
The scariest thing of all, this is best of all the brokers i use
I’d like to invest when you start a hedge fund