Skewhunter profit booking

[manglamislive]

I want to know about how this works. Like there should be stop loss shift. Talking about friday skew was running in 10k+ then in 2nd half market reversed and it booked at 2k+ only. It is around 80% profit wipe out in intraday sessions.

[gjrao75]

Exactly. I am facing the similar condtion for the Mathematician and Zen Credit Spread algos. For you, it is atleast 80% wiped off. But for me the 50% losses booked even though there was a 40% profits when the market is trending int he same direction.

[Purab]

Hii @manglamislive

Welcome to Stratzy, and thank you for sharing your experience.

Please note that the Algos manage their exits based on their predefined strategy logic and exit criteria. An open position moving into profit does not necessarily mean that the Algo will book the profit immediately, as the strategy may continue to hold the position until its defined exit conditions are met.

Similarly, we generally recommend not manually intervening in LIVE Algo trades based on short-term price movements or the profit visible at a particular point in time. The objective of Algo Trading is to follow a disciplined, rule-based approach.

Regarding deploying Mathematician and Zen together or selecting additional Algos, there is no single combination that would be suitable for every user. The appropriate portfolio depends on factors such as your risk appetite, trading ideology, return expectations, and overall portfolio objectives. We recommend evaluating the historical performance, drawdowns, risk metrics, and correlation of Algos before building your portfolio.

For a better understanding of Algo portfolio construction, I would also recommend referring to our community post on building a diversified Algo portfolio:

Which algo trading strategy should you deploy? A cheat sheet — and the philosophy behind it

This is one of the most asked questions in our community. The honest answer is: it depends. But here’s a framework to think about it properly. The big idea: more uncorrelated algos = more stable returns WorldQuant — one of the world’s top quantitative hedge funds — manages $15–16 billion using millions of individual alphas (their term for small, rule-based signals). Not one big strategy. Millions of tiny, uncorrelated ones working together. The reason? No single algo is right all the time. Ma…

[manglamislive]

I know that algos manage their exits according to predefined rules but the rules should be refined as many times i have seen massive profits being wiped out looks like as stop loss is fixed but target is not fixed. As if rules are following open targets then shifting of stop loss can be added atleast in option buying strategies.

[Purab]

Hii @manglamislive

Thanks for the suggestion. I understand the idea of booking partial profits and trailing SL.

We’ll evaluate the feasibility of incorporating a partial profit-booking mechanism like this. If we take this forward, we’ll share an update with the community.