Bank Nifty closed in positive territory today, but the market was choppy around midday. As a result, trend-following strategies struggled to perform well. Our futures strategy ended in a loss, while the options strategies posted marginal gains. As trend followers, it is important to accept and adapt to whatever the market presents.
Bank Nifty Chart:
Profit / Loss of Our Strategies:
- BN Futures 5 min Renko – Total Trades (6) – Loss (- 2802)
- BN ATM Options 5 min Renko – Total Trades (1) – Profit (+2147)
Detailed insights into the strategy can be found here.
Disclaimer: The profit and loss figures provided above are for educational purposes only. Implementing these strategies without adequate knowledge may lead to losses. For more information and guidance, please contact me at: simplestrategieswork@gmail.com