Derisking from broker risk
Now I have divided my capital in 3 brokers
Angelone 50L
Zerodha 40L
Ac agarwal 35L

ERROR in FLATTRADE

Best Trading day in sell and Buy combined

I thought scaling will be easier.

The fact is ,it has been very tough last few months trying to diversify capital in various systems

Some drawbacks :
Frequent broker glitches leading to more dividation of capital
Managing Multiple broker accounts
Managing Multiple Sell and Buy baskets
Journaling and analysis of performance of Accounts and strategies
Backtesting and Execution cost increases significantly

an 2024 Summary
1. 50L expiry basket = 0.7% 🟢
2. 10L Selling Basket = 4%🟢
3. Cheetah Option buying basket = 4.3%🟢
4. Panther Option Buying basket= 1% 🟢

Overall a flattish month for all my strategies

One day is enough to wipe you out in the market .
Always trade Options cautiously with stoploss in broker.
Don't keep stoploss in Mind

Tomorrow it could be you or me

How is your trading going ?

Had Started New year with this Note ❤️
A client started with me in 2023 and still with me doing all my strategies

Rules during glitch in any broker
1. Square of all legs and Terminate all algos
2. Disable the " Ready " status algos if not done they will trigger
3. Open broker and check for open positions , sometimes even if you terminate and if API is unresponsive then positions may still be open.
4. Always check for pending orders if its there you need to cancel it . If you don't cancle and price reaches the conditions it will get triggered but not show in quantiply

If you are a system trader
Read this :

Capital 40L
Day 1 :
Backtest +7000
Live +5500
Looks fine

Day 2:
Backtest -4500
Live -6000

Day 3:
Backtest +15000
Live +13000

If you compare everyday the performance looks okay .

Cumulative everyday 2k slippage × 20 expiry is additional 40k slippage even after adding 1% inbuilt

Previously we used to get slippage majorly on expiry which were 4 days now this slippage is getting added
of each expiry
So if backtest is showing me 5% Live I'm realising only 2% on a higher capital.

Even with 1 point difference the stoploss gets hit in live and assume it gets saved in backtest the difference between Live and backtest is huge .

Now if I'm trading with 5L basket I'm making 4% , but if I run the same in 50L I'm not realising the same % profit.
This is an issue I have started to face in this regime and hence unable to scale my systems .

Even 4 accounts with everything duplicated has 0.2%+ - variation in pnl.

Is this only me ??
I'm in a dimmena on how to scale up further more.
Trading with smaller capital is totally different from trading with higher capital (50L+)

I converted 4L to 10L using purely Option buying

All System based trades , initial DD of 50%
Compounded profit every time in DD
Started with 4x , Currrently at 12x Soon with the added profits will be Trading 16x