Odyssey Introduction
Welcome to Odyssey
Hey there! Welcome to Odyssey, the ultimate marketplace for trading strategies brought to you by AlgoBulls. Whether you're just starting out or already a seasoned trader, Odyssey helps you discover, evaluate, and activate strategies that match your trading style and market goals. Ready to dive in and explore all that Odyssey has to offer? Let's go!
Strategy Based on Experience Level
Choosing a strategy is easy when you know where to start. Odyssey has divided strategies into three categories: Beginner, Intermediate, and Advanced. Whether you're looking for a simple start or advanced customizations, there's something for everyone. Let's explore these levels one by one!
i) Beginner Mode
Beginner strategies are tailored for customers who are new to trading or investing. These strategies focus on building a solid foundation by teaching the basics of market movements, risk management, and the use of simple tools. The goal is to help beginners gain confidence and make informed decisions with minimal risk. The strategies typically involve straightforward, easy-to-understand approaches that allow new traders to get started without feeling overwhelmed by complexity.
Its filter includes:
Note
- Equity: Equity can represent the ownership of an asset without debt.
- Options: An option is a financial contract that gives the buyer the right to buy or sell a specific asset at a set price by a specific date.
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Capital for Investment (₹, in lakhs)
Define your investment range. Whether you’re starting with ₹1 lakh or going up to ₹10 lakhs, adjust the slider to your budget.
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Trading Segment Preferred
Pick the market segment where you want to focus your trades, from equities to commodities.
ii) Intermediate Mode
Intermediate strategies are designed specifically for customers who have a moderate level of experience in trading or investing. These strategies aim to build on the foundational knowledge that customers already have, helping them to refine their skills, manage risks more effectively, and capitalize on market opportunities with greater confidence. They typically involve a deeper understanding of market patterns, technical analysis, and more complex tools than beginner strategies. However, they are still accessible enough for those who are not yet advanced traders, providing a balanced approach between risk and reward.
Its filter includes:
Note
- Equity: Equity can represent the ownership of an asset without debt.
- Options: An option is a financial contract that gives the buyer the right to buy or sell a specific asset at a set price by a specific date.
-
Capital for Investment (₹, in lakhs)
Fine-tune your investment range from 0 to 10 lakhs, depending on your budget.
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Trading Segment Preferred
Select your preferred market to trade, whether it’s stocks, forex, or commodities.
iii) Advanced Mode
Advanced strategies are designed for customers with significant trading experience who are looking to maximize their performance in the market. These strategies often involve complex techniques, such as advanced technical analysis, algorithmic trading, and options strategies. They require a deep understanding of market behavior, the ability to analyze data in real-time, and a higher tolerance for risk. Advanced traders use these strategies to optimize returns, leverage sophisticated tools, and take advantage of both short-term and long-term market opportunities.
Its filter includes:
Note
- Equity: Equity can represent the ownership of an asset without debt.
- Options: An option is a financial contract that gives the buyer the right to buy or sell a specific asset at a set price by a specific date.
-
Capital for Investment (₹, in lakhs)
Select from 0 to 10 lakhs or more, depending on your trading capital.
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Trading Segment Preferred
Select your trading segment from options like equities, commodities, or derivatives.
Exploring Strategies
Now that you know how to use Odyssey's filtering system, let's explore some of the main features that make this marketplace so powerful.
i) Search and Filter Options
You can search for strategies using specific filters:
- NEW: Find the latest strategies added to the platform.
- FAVOURITE: Quickly access the strategies you've marked as your favorites.
ii) Grid Mode and List Mode
When browsing strategies, you can choose between two display formats:
- Grid Mode: View strategies in a visual grid, perfect if you're browsing for inspiration.
- List Mode: Browse through a simple list for quick comparisons.
Strategy Details
Each strategy listed in Odyssey is packed with all the important details you'll need to get started. Let’s dive in and break down every part to make sure you understand it all easily:
i) Strategy Name
Right at the top, you’ll spot the strategy name. You can also see how many people are using this strategy — in this example, 50 people are already on board! And look out for that "new" tag, which means it's freshly added.
ii) Option to Share
Want to share this strategy with a friend or colleague? Just click the share icon, and boom — the URL is copied, ready to be sent to anyone you want!
iii) Favorite Button
Falling in love with a strategy? Hit the favorite button, and it’ll be saved for quick access whenever you need it. No more hunting for your favorite strategy!
iv) Description
Here’s where you get a quick overview of what the strategy is all about. Simple, straight to the point, and super helpful.
v) Instrument Used
Want to know what financial instruments are involved? You’ll find them listed here along with the minimum capital needed to get started. A handy bit of info to plan ahead!
vi) Tags
Tags are your strategy’s best friends. They summarize all the key market data related to the strategy — perfect for getting a quick view of how things are shaping up.
Two Key Buttons for Every Strategy
Now, let’s talk about the two buttons you’ll always see on a strategy:
i) Add to My Portfolio
Click this, and the strategy becomes part of your personal portfolio. From there, you can tweak, enhance, and make it truly yours. Plus, it’s all accessible on your portfolio page!
ii) View Details
Need more info? Clicking on “View Details” will take you to a deep-dive page where you can explore the strategy further, with advanced features and insights. Click Here to know more about View Details Page.
Conclusion
Odyssey is here to make your life as a trader easier and more exciting. From browsing strategies to tweaking them and taking them live — we’ve got you covered. Everything is designed with simplicity and power in mind. So why wait? Start exploring, customize your strategies, and build your portfolio today!