Who can use FnOGuru ?
It can be used by anyone – from the novice to the expert Wealth Manager.
For the novice – there is no need to undergo extensive training in Derivatives. You just need to understand the underlying you want to invest in. And specify the risk you are willing to take and the returns expected. FnOGuru will do the rest and guide you all the way to exit.
For the Wealth Manager – you can focus on analyzing the underlying you want to invest in. You don’t need to work on the legs to be selected in a strategy or even the underlying to trade in at the moment. FnOGuru gives you those extra percentage points as returns for your customers.
What does FnOGuru do ?
The philosophy of FnOGuru is that it should be possible to enter into a Derivatives trading strategy only by understanding the underlying and knowing what you want. There should be no need to undergo complex trainings. All theories have been built into the product so you can focus on getting the best returns. For example, you may be willing to take a maximum risk of 20% on your investment amount and believe that Nifty should be within a range of -5% to +5% of it's current levels. With these inputs, FnOGuru will suggest the best strategies to enter at that moment.
It expects the user to input some basic parameters (most of which are Optional). These are basic parameters like the amount of investment, maximum loss acceptable, minimum profit expected, underlying(s) in which Options strategies are required, type of strategy required, if any (bullish, bearish, etc.), etc. Based on these inputs, it creates all possible combinations and displays the best strategies which meet the criteria set in the parameters. It even considers your brokerage and other costs on entry and exit, so you do not need to factor in any other costs to the payoff curve. The user can view all the details of the strategies and choose a strategy to execute. Once a strategy is executed, FnOGuru monitors the position and sends mail alerts of stop loss / exit profit, depending on parameters set.
If you feel that your existing strategy is not going in the right direction, do not worry, we will even do the correction for you! You can enter into a new strategy (termed as "Overlay"), while holding on to your existing trades. With the overlay feature, you can have a completely different set of expectations, for example - you may now believe that the maximum risk you could take is only 10% and Nifty has a bullish trend. The new strategy also considers your new investment amount before suggesting an appropriate strategy.
What is the technology it uses?
FnOGuru uses state of the art algorithms and technology for it's computations and projections. It has been developed over 8 years with a focus on delivering the best strategies with the highest returns. When you enter your parameters, our AI algorithms analyse millions of combinations before delivering the best, so you can be rest assured that no better strategy can ever be made manually. FnOGuru is hosted on the cloud on high-end configured Linux machines and it's technology stack comprises of five different languages. Our cloud service providers even made us their Cloud partners after seeing the utilisation patterns of their servers! The application has also been load-balanced for better up-time. It uses complex algos for Entry as well as Exit.
Come, witness the power of trading in Derivatives.
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.
