There are many strategies in market ๐and it's possible to get monthly 4% return consistently if you master ๐ชin one strategy .
One of those strategies which I like is Iron Flyโ๏ธ
Few important points on Iron fly stategy
This is fixed loss๐ด defined stategy ,so you are aware of your losses . You know your risk โ ๏ธand breakeven points to exit the positions.
Risk is defined , so at psychological๐ง level you are at peace๐โโ๏ธ
How to implement
1. Should be done on Tuesday or Wednesday for next week expiry after 1-2 pm
2. Take view of the market ,looking at daily chart
3. Then do weekly iron fly.
4. No need to hold this till expiry day .
5.Exit it one day before expiry or when you see more than 2% within the week.
5. High vix is preferred for iron fly
6. Can be executed with less capital of 3-5 lakhs .
https://t.co/MYDgWkjYo8 have R:2R so over all it should be good.
8. If you are able to get 6% return monthly ,it means close to 100% return on your capital per annum.