About this template
RUN IN PAPER. You have been informed.
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USE ANY TIME INTERVAL.
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To understand the ideal bot inputs, search for the latest post starting with term "TIME TO REALIGN" on this page. Such posts are to happen every now and as needed / requested.
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I always wanted to attempt building a long volatility bot.
Primary Agenda:
- Utilize research data where possible
- Only trade 0DTE
- Ticker agnostic
- Trades very frequently if not daily (ideal)
- Use stop loss but only as a best practice
- Minimize loss to theta decay
- Avoid technical analysis
- Avoid over-trading and under-trading
The focus is to collect as much data as possible without losing track of the core idea i.e., I am not just collecting data, I must also make sure the core logic remains unaffected from the point of entering the market as well as duration of staying in the market.
This particular idea is the closest I think I can get for now to mechanically trading at the money price breakouts i.e., down-trending gamma followed by an up-trending gamma.
That is all.
Let's see how it goes!
;)