strategies include ratio spread which he had taught as the first strategy
He told that it is a no-loss strategy
but on the first trade which we took with him is on loss of 12000Rs LOSS
he could not stay with in his rules
market fell 1000 points down and we were in loss of 12000Rs
he had to scrap the trade and take a different trade altogether accepting the buy side loss
TRADE STARTED
WITH NEUTRAL STAND
TRADE STARTED ON 16/12/20224
24700CE 30JAN25 BUY 3 LOTS
24700CE SELL 23DEC25 WEEKLY EXPIRY 3 LOTS
after hitting the loss and scrapping the first trade which went on loss
he had no rules after that
he asked us to take two strikes near to the ATM which was 23750
23750 sell 75 qty 02jan25
24000ce buy 75 qty 30jan25
which is also a high risk trade
biggest problem is no risk management that is the reason we went on loss
it is like a straddle both sides it is huge loss more than 5 per cent loss on wild moves
NIFTY is so volatile anything can happen
not clarifications, no rules
we are in trouble and exiting with loss
STRATEGY NOT BACKTESTED PROPERLY
DO NOT FOLLOW SUCH STRATEGIES
NO RISK MANAGEMENT
NO STOP LOSS
NO SUPPORT
NO CLARIFICATIONS
DOUBTS ARE IGNORED
PLS DONT JOIN
IN HIS SIMULATIONS NO LOSSES SHOWN BEYOND 3%
