Hi Team,
I have been using Momentify to backtest and run momentum strategies, and I’m planning to go live with two strategies simultaneously — one on the BSE Smallcap Index and another on the Nifty 500 Index.
Since both strategies will be executed through the same Definedge demat account, I’m concerned about potential conflicts due to overlapping stocks between the two strategies given that Indian markets follow the FIFO (First-In, First-Out) principle for taxation and trade settlement.
Or I have to select two completely different universe so that overlapping doesn't happen.
Thanks