This 9:18 AM Short Straddle Was Backtested for 5 Years

Most traders know how to create an ATM Short Straddle, but managing it when the market trends or reverses sharply is the real challenge. In this conversation, Shaikh Murshid Ali explains a 9:18–9:20 AM intraday setup using individual leg stop-losses, MTM-based profit locking and a fixed exit before 3 PM. The video breaks down the complete rules for Sensex and Nifty, the market condition that can hurt the strategy and how trailing logic changes its risk profile. It also examines historical backtests, expiry-day behaviour, brokerage impact and why a longer holding period does not necessarily produce better results. 📱 Download Dhan App and Start Investing & Trading in Stock Market. https://dhan.go.link/bdg4Y 📱 Download Options Trader App for a Powerful F&O Trading Experience. https://invite.dhan.co/options/?join=... 📊 Create Your Custom Scanner, on ScanX. https://bit.ly/scanxtrade Timestamps 00:00 Strategy preview 00:55 Meet Shaikh Murshid Ali 04:20 Entry timing: 9:18–9:20 AM 04:52 ATM, Straddle and Strangle explained 06:08 Setting the 40% leg-wise stop-loss 08:20 Sideways, trending and reversal scenarios 11:47 MTM trailing and profit-locking logic 15:23 Sensex strategy backtest 19:48 Testing the same logic on Nifty 24:12 Does it work better on expiry day? 26:45 Complete strategy rules simplified 27:42 Brokerage, slippage and future strategies 33:42 Backtest and deploy using Dhan Skills and Dhan Cloud Connect with us - https://dhan.co/contact/ Follow us on: Made For Trade Community: https://madefortrade.in/ Twitter:   / dhanhq   Instagram:   / dhanhq   LinkedIn:   / dhanhq   Facebook:   / dhanhq   Telegram: https://t.me/JoinDhan The Complete Dhan Eco-system. 👉 Dhan: https://dhan.co/ 👉 Dhan App on Play Store: https://play.google.com/store/apps/de... 👉 Dhan App on iOS: https://apps.apple.com/in/app/dhan/id... 👉 Dhan Web: https://dhan.co/web-trading-platform/ 👉 Dhan Charts: https://dhan.co/tradingview/ 👉 Options Trader App: https://dhan.co/options-trader/ 👉 Options Trader Web: https://dhan.co/options-trader-web/ 👉 Connect Dhan to TradingView.com: https://dhan.co/connect-to-tradingview/ 👉 ScanX Stock Market Screener: https://scanx.trade/ 👉 Download Live Stock Ticker For Your Desktop/Laptop: https://dhan.co/ticker/ 👉 Subscribe to Indicator By Dhan: https://thetradingnewsletter.substack... Disclaimer:- Investment in securities market are subject to market risks, read all the related documents carefully before investing. Raise Securities Pvt. Ltd. Registered Office: Unit No. 2201, 22nd Floor, Gold Medal Avenue, S.V. Road, Beside Patel Petrol Pump, Piramal Nagar, Goregaon West, Mumbai - 400104. Maharashtra, India. SEBI Registered Stock Broker (INZ000006031). Member of BSE (6593), NSE (90133), MCX 56320) and CDSL Depository Participant (IN-DP-289-2016). The securities quoted are exemplary and are not recommendatory. Brokerage will not exceed the SEBI prescribed limit.