This product is suitable for traders who want to stay invested and capture the larger trend than daily speculation. Basically short term investors looking to make Big Wins.
This product is about positional trading in currency pairs where all the trades recommended would have a holding period of 10-15 days.
Trades would be given in 4 Currency pairs such as USDINR, GBPINR, EURINR and JPYINR. The trades could be either Long or Short. Long trades are where we buy first and sell at higher price, here we believe prices to rise and short trades are where we sell first and then buy at a lower price, here we believe prices to drop.
The Trades would be generated from in-depth Technical analysis of the price, trend-structure, support-resistances, momentum and larger trend forecasting techniques.
Risk:Reward is another major criteria which is taken into consideration and we strive to make traders comfortable and at ease by providing low risk high reward trade. The risk:reward for this product shall be 1:1 for first target and 1:2 for second target. Bifurcating it further: In GBPINR 1st target would be minimum 100Paisa, In USDINR 1st target would be 50Paisa, 100 Paisa in EURINR and 100Paisa as first Target in JPYINR.
With respect to number of open trading positions, at any point of time we shall have a maximum of 2 open positions. And therefore the ideal Margin required to participate in this product shall be Rs 80,000. Traders can take trades in multiple lots based on the their capital size but for reference calculation purpose we shall show Profit and Loss based on ten lot of trade for every currency pair.
- What is Marathon Mantra?
This is a Long and Short Currency product where is a time horizon of 15 days.
- Which are the technical parameters used to Select Currency?
We look for the suitable risk-reward criteria, check classical technical analysis, Dow Theory, Rollover data and other technical aspects.
- What are the maximum numbers of open trade?
The maximum number of open trade are 2.
- What are Risk-Reward criteria?
The Reward per Recommendations are as follow
- What is Margin Requirement?
Margin requirement for the product is Eighty Thousand.
- Is it necessary to trade in all recommendations?
Yes to match with our P&L one has to trade in all recommendations.
- How are Profit and loss calculated?
Profit and loss are calculated on 10 lots per recommendation basis.