FAQs

• What is FnOGuru?

  FnOGuru is a decision-driven Derivatives Tool. It gives focused advise on Derivatives Strategies, based on your preferences.

• What do I need to know before using FnOGuru?

  FnOGuru creates strategies for Indices and Stocks on NSE. A basic understanding of the underlying is a must, knowledge of Derivatives is desirable but not essential. It removes the drudgery of doing complex calculations in a moving market or the need to have deep insight of Derivatives.

• How do I start with FnOGuru?

  Click on Sign Up to create your account.

• How do I quickly get productive?

  After Sign Up, Login with your mail id to get to the Strategies Page. Click on "Strategy  Find Strategy", and select your preferences as explained. Click on continue, and you see the best strategies available based on your preferences. We would recommend doing virtual trades initially till you are confident with the parameters that you enter. Do go through Support --> Help in the Menu to understand the details of the product.

• How much can I expect to make from FnOGuru?

  Be realistic in your expectations. The application permits you to give your expected return % p.a., but the probability will generally reduce with higher return expectations.

• Do I need to factor in the costs of the trade?

  FnOGuru gives you the payoff curve with all costs. So you do not need to consider any other costs.

• What is the trading style I need to follow?

  Trading is a science and an art. The science is all there in FnOGuru. The art comes from you. It requires a methodology to enter, overlay and exit. There are different methods to adopt, e.g., some traders believe in being always delta hedged with a neutral strategy, they keep doing overlays (once a week), which are also delta hedged, till expiry.

• Why Do I Not See Any Named Strategy (Like Strangle, Straddle, etc.)?

  FnOGuru creates all possible combinations to make strategies. Since all combinations do not have names, the strategies displayed do not carry any name tags. Further, since you can do an overlay any number of times, the strategies created cannot have any name associated.

• What do I do after I see a good strategy on FnOGuru?

  You will need to place the order with your broker. An order will have to be placed for all the Options legs that you can see in the "View Strategy" page, after you click on the strategy.

• On What Basis Does FnOGuru Display Strategies?

  As a first step, FnOGuru creates all possible combinations of legs of all strikes to create it’s strategies. After this, it rejects any strategy which does not meet the parameters defined by you (in terms of max loss, risk reward ratio, etc.). Amongst the selected strategies, it displays only the best based on profit probability, expected profit and ratio of profit to loss.

• What do I need to do after I place the order with my broker?

  Firstly, you will need to create the order in the application. This is done by clicking on "Create Order" on the "View Strategy" page. In case the premium of your order with the broker varies, you can change the figure by clicking on “Edit”. Next, you can keep monitoring your position on the Home Page or “Strategy --> Manage Strategy”. You will also get mail alerts (feature awaited) when an action is required from your end. And, you may add to your existing position by checking new strategies by clicking on "Overlay". The strategy can be squared off by clicking on "Square off".

• When are the Alerts sent?

  The alerts are sent during trading hours based on the frequency set by you. This feature is coming soon.

• I work full time, is FnOGuru useful for me?

  FnOGuru has been designed for all types of users. Login any time, it shows you the strategies available at the moment. Execute the strategy and you get alerts in your mail box (feature awaited). You don't need to check your position at all times.

• When is it a good time to enter a strategy?

  Any time that you understand the underlying is a good time. You can execute a trade and exit as per your convenience.

• When can I access FnOGuru?

  For your convenience, FnOGuru is available throughout the day on all days. During non-market hours, strategies are based on the last available rates.

• What is the cost for FnOGuru?

  For a first-time user, you have unlimited usage for 3 days. Post that, nominal subscription rates as given on the “Subscription” page apply.

• What does FnOGuru not do?

  We do not predict market direction or give tips. It is not based on Technical and Fundamental Analysis, so strategies recommended do not have a direction bias.

• What do I do if I need help?

  Simple. Just send us a mail at support@fnoguru.com and we will respond as soon as possible.

• If I am company, how can I use FnOGuru?

  It is possible to integrate FnOGuru with your trading application for a straight-through experience for your customers. Contact us at support@fnoguru.com for more details. Being a unique product, it will be restricted to only one company.

Recent News

POSTED ON 28 Mar 24

   Nifty ends up by 0.92% at 22,326.90. Top gainers Grasim, Bajaj Fin Serv, Hero Motor Corp, Bajaj Finance, Eicher Motors, SBI, Power Grid, ONGC, Nestle, Adani Enterprises. Top losers Shriram Finance, Bajaj Auto, Axis Bank, Tech M, Reliance.