Nifty-Bank Nifty options trading strategies

In this blog post I am going to talk about the reasons behind the long drawdown which went for around 9 months for me and how I overcame it. Also few learnings based on it.  THE RISE My second innings in trading started in July 2020. This was the time when Covid had caused lot of people to work from home and lose jobs also. At this point I thought if I can make 20% per year on my savings then I can become financially independent. To do so I looked into trying my hand again in Stock Market. I started with stock tips from IIFL and picked an analyst who used to provide calls for IIFL and traded all of his calls in equal proportion. I was overall in profit of 5 to 10% but effort to track the calls and trade as and when they are provided was too much and was not sustainable in long term along with a job.  So then I thought to try out Intraday Future & Option paid tips. Had already destroyed around 11 lakhs in paid tips in my first innings of trading but still went with it in Oc...

Trading System (26-04-26) For a system trader, it is important that the plan for the financial year is made at the start of the year. Plan should have the the approx. amount of profit which is targeted for the year, kind of strategies to be executed, and capital allocation to the strategies, maximum draw down expected during the year etc. This plan should be based on the back test of the strategies.  Now the more complex a strategy is, more the actual results will deviate from the back test. Simplest strategies are the ones without stop loss where you take some position and carry it over. However these kind of strategies can cause huge losses so it is must to keep stop-loss. The more complex strategies are ones where you keep taking positions after hitting stop-loss a certain number of times.  My plan for FY26-27 is targeting a return of 12% (without considering brokerage & charges). Assuming 20% of brokerage & charges, net targeted return is 10%. Also my target is to ...