Quant Finance Lab — India
You make money.
Then you lose it all.
You tried everything. Tips. Courses. Strategies.
Disciplined for a while. Then emotional. Then reckless.
Made money for a few days.
Then everything got washed out.
After a few losses, you changed everything.
Tried again. Same result.
This is not random.
This is a pattern.
This is a pattern.
Wrong place if
You want trade tips or signals
You are in your first year
You want a shortcut
Right place if
You have a system that looks right
You have put in real work
The results still don’t match
✗ No Tips
✗ No Investment Advice
✗ No Guaranteed Returns
Free · No signup · 3 minutes
89%
of F&O traders lose — SEBI FY22–24
25,000
simulated paths per audit
3 min
to name the pattern
Account Equity
52% win rate · 1:2 R:R · 20 trades/month
This is not a discipline problem.
Three structural gaps create this chart — regardless of your strategy quality, your experience, or how disciplined you believe you are.
Followed tips. Tried indicators. Attended workshops.
The industry kept selling you entries and setups. Nobody ever told you that a perfectly fine strategy can still blow up your account — if it isn't built to survive its own natural losing runs.
Great backtest. Real-world disaster.
Win rate, R:R ratio, expectancy — all these numbers look fine on paper. But none of them tell you if your account can survive 8 losing trades in a row. QFL tests exactly that.
"It must be my discipline." — It's not.
When there's no defined ruin threshold — a hard stop for how much loss the account can absorb — the mind fills that empty space with emotion. Discipline problems are almost always structure problems in disguise.
The question is not "Why did I lose that trade?"
The question is "Can my system statistically survive its own losing runs?"
Most traders never ask it. They adjust position size, try a new indicator, or wait for the market to "come back." Same result, different month.
The question is "Can my system statistically survive its own losing runs?"
Most traders never ask it. They adjust position size, try a new indicator, or wait for the market to "come back." Same result, different month.
■ 89 lost money
■ 11 profitable
100 active F&O traders · SEBI FY22–FY24
89
out of 100
retail F&O traders lose money
SEBI · FY22–FY24
₹1.81
lakh crore
net loss by individual F&O traders over 3 years
SEBI · FY22–FY24
₹1.1
lakh average
net loss per losing trader in FY24
SEBI · FY24
3.5
% of traders
account for 97% of all F&O profits
SEBI · FY24
You are likely one of those 89.
So is almost everyone reading this page. The question is whether you find out why — or keep guessing.
3 minutes · No signup · Instant result
March 4
Good month. Feeling sharp. Sized up on the last three trades. Makes sense — I'm in form.
March 19
Gave back the whole month in two days. I moved my stop on the Nifty short. I knew I shouldn't. I did it anyway.
March 21
Took a trade immediately after. Didn't wait for setup. Needed to recover March. Made it worse.
April 6
Missed the best trade of the week. Was too tired to pull the trigger. Too many bad trades before it. Watched it go 180 points without me.
April 14
Down ₹38,000 from peak. Reduced size to half. Feels safer. But even when I'm right now, I don't make enough to matter.
May 3
Three good trades this week. Feeling better. Thinking about sizing back up.
June 11
Sized up again. Three good trades this week.
89
Out of every 100 active F&O traders, 89 lose money.
Not because they lacked strategy. Because they never tested whether their system could survive the natural variance of their own edge. — SEBI FY22–FY24
You followed tip providers. Didn't work. You switched to indicators — RSI, MACD, moving averages. Still losing. You attended a workshop or two. Felt motivated for a week. Same result.
Here's what none of them told you: the problem was never your strategy. It was that your account was never tested against the statistical reality of your own edge — whether it can mathematically survive its own losing streaks across enough trades.
That's not a motivation problem. It's not a psychology problem. It's an engineering problem — and engineering problems have engineering solutions. That is what QFL is built for.
What the industry gives you
✗ Entry & exit strategies
✗ Mindset coaching
✗ Pattern recognition
✗ Performance metrics
✗ Backtested win rates
What QFL gives you
✓ Ruin threshold — a hard number for how much loss your account can absorb
✓ 30-Bullets™ — a survival protocol so one bad streak doesn't end your trading
✓ Human variance calibration — quantifies how much emotion costs you per trade
✓ Atmospheric Blackout™ — maps your exposure to sudden market shocks like gap-opens
✓ Monte Carlo model — simulates 25,000 versions of your trading future to find weak spots
The system exists. The test is free. The diagnosis takes 3 minutes. Every month you trade without this information, the structural failure continues. The diagnosis doesn't change your strategy. It tells you which part of your system to fix first.
Know Your Survivability
Your system has a survival score.
Most traders never find out — until it is too late.
The QFL Survivability Score is not a percentage from a quiz. It's a structural verdict — built from how your actual trades are distributed, how much variance your behaviour adds, and whether your account can survive the worst realistic losing run of your own strategy.
Step 01
Upload P&L or Enter Your Numbers
Upload your broker's P&L statement and TASA™ auto-fills your data. Or enter manually — 10 inputs, takes about 4 minutes. The engine runs 25,000 simulated versions of your trading future (Monte Carlo simulation — a method that stress-tests your system across thousands of random paths).
Run the TASA™ Engine →
→
Step 02
Read your plain-language verdict
How likely is your account to survive 12 months? What's your worst realistic losing streak? How much is emotion costing you per trade in actual rupees? You get the complete picture — no jargon, no fluff.
See a Sample Output →
See it before you run yours
The same engine — applied to an option seller, an intraday trader, a positional equity trader — gives completely different verdicts. Same market. Totally different structural reality. Take a look before running your own numbers.
View Demo Audits →
Step 3 of 5 — You Are Not Alone
of active derivative traders in India
89%
of active F&O traders lose money — SEBI FY22–FY24. Not because their strategy is wrong.
Because their system was never checked against its own statistical losing runs.
You are not the only trader with a valid strategy who cannot figure out what is leaking. The four traders below look nothing like each other — different capital, different instruments, different years of experience. But they all share the same structural gap: a system that was never tested against its own statistical losing runs.
R
Rahul
2 yrs · ₹8L capital
F-axis
"My win rate is 70%. But one bad week wipes out three months. I've tried everything. I don't know what's leaking."
No rule exists for when to stop. Without a written loss limit for the total account, one bad run dictates the next trade. Position size changes with confidence — not with a written rule. That gap compounds every loss.
S
Sunita
4 yrs · ₹15L capital
E-axis
"My setup looks solid on paper. But I always enter too late or exit too early. I know exactly what to do. I just don't do it when it matters."
The setup is technically sound — the problem is the moment of execution. Late entries on fear of missing out, early exits on fear of being wrong. The strategy works on paper; the behaviour overrides it in real time.
P
Pradeep
1 yr · ₹3L capital
M+S axes
"I don't have a written system. I go by feel. Some months are great. Then one bad week undoes everything and I'm back to zero."
No written rules means every decision is made live, under pressure. Three bad weeks at full size can terminate the account. Without a protocol for consecutive losses, the system cannot protect itself.
A
Ananya
6 yrs · ₹40L capital
Y-axis
"Some months I'm profitable. Some not. Six years in and I genuinely don't know if I actually have an edge or I'm just getting lucky sometimes."
Profitable in nominal rupees but measuring the wrong thing. True expectancy — average profit or loss per trade expressed as a multiple of risk — has never been calculated. Six years of data exists but has never been used to answer the only question that matters: is there a real edge here, or is this variance mistaken for skill? A high gross return with erratic position sizing can still be a structurally unsound system.
FIMEPSY™ is not a personal failure. It is a predictable structural response to a system that was never built to survive real-world losing streaks. That is fixable — and that is exactly what QFL is for.
Step 1 of 5 · 21 questions · Instant result
Stop. Read this once.
You were right about the strategy.
You were wrong about what happens after a loss.
After 3–4 losses you changed everything. You tried to recover. One trade gave it all back. This is not bad luck. This is a structural failure. It has a name.
Most traders skip this. They read it, recognise it, and go back to the next trade. Three months later, the same losing streak. Same question. Same no answer. The pattern was always here. Most choose not to read it.
21 questions — 3 minutes
You will recognise every one. The result names the exact behavioral pattern running your trades. Losses. Recovery attempt. Bigger loss. The cycle gets a structural explanation.
Start — free →
I want to understand first
Show me what FIMEPSY™ is and why the structural failure model works before I take the test.
Explain the model →
Step 1 of 5 · 21 questions · Free · Instant result
⚠ You followed your strategy. Losses started. You changed everything. That is the pattern this scan identifies. Answer for what actually happened — not what should have happened.
21 questions.
You will recognise every single one.
What happens after: You get one verdict. It names the force that ran your trades after the losses started — not strategy, not market, not luck. Financial pressure. Mental fatigue. Psychological distortion. One of the three was in charge when you changed strategy, sized up, or tried to recover. The scan identifies which one. It maps to a specific rupee cost. It has no polite version.
Answer for what is actually true.
Answer for what is actually true.
PART 1 — LOSS LOAD & FATIGUE
1 / 21
Are you currently in a losing streak?
Question 1 of 21
3
Three forces. One collapse.
When Financial loss, Mental fatigue, and Psychological stress all hit at once — decisions get worse independent of strategy quality. This is not a metaphor. It is a measurable state. It has a name.
If your results feel inconsistent — this explains exactly why.
It is not random. It is a structural response to a system under load.
It is not random. It is a structural response to a system under load.
It is not bad luck.
It is not your mindset.
It has a name — and it's fixable.
FInancial lossCapital shrinking, sizing mistakes, spiral into bigger risks to recover
MEntal fatigueFoggy decisions, analysis paralysis, not being able to think straight
PSYchological stressIdentity tied to P&L, shame, the feeling of "why does this always happen to me"
FIMEPSY™
A named, diagnosable human state — the overlap that happens when sustained losses start destroying not just the account, but the person carrying it. When all three forces hit together — financial pressure, mental tiredness, and emotional weight — decisions get worse, not better. Naming it is the first step to stopping it.
“Before You Blow Up Your FIMEPSY™” means: before the accumulated weight destroys the person behind the trades.
Tap a circle to explore each axis
When all three overlap, the account isn't just at risk — the person is. Financial loss on its own is manageable. Mental tiredness on its own is recoverable. But when all three hit at the same time, the combined state causes decisions to get progressively worse — independent of how good the actual strategy is.
What the best trading books got right — and what they missed
Mark Douglas — identified that psychology breaks traders. QFL takes it further — naming the state and building structure around it.
Nassim Taleb — proved that rare, severe events can destroy accounts. But gave no practical framework for the retail trader operating at ₹5L capital.
Van Tharp — did the maths of survival. But kept it academic, not human.
QFL — Taleb made actionable. Tharp made human. For the Indian retail trader who is still in the market and wants to stay there.
“Does your system structurally survive its own variance — based on your actual edge?
That is the only question that matters before you blow up.”
That is the only question that matters before you blow up.”
The Architecture
How QFL reads your system.
Not your strategy — your structure.
The system measures what happens to your account under its own variance — losing streaks, position sizing, emotional decisions, catastrophic events. Not what should happen. What will happen.
QFL does not guarantee returns. No one honest does. What QFL gives you is clarity that removes the guesswork. After this, you will not wonder what is structurally wrong with your system. You will know — with mathematical specificity — what is failing, what it costs you per trade, and what to change. That is not a promise of profit. It is a promise of understanding. The two are different. Understanding comes first.
One question. Select what describes you right now.
Your answer shows only the relevant solution — not a product catalogue.
Your answer shows only the relevant solution — not a product catalogue.
I keep losing money
Every month ends the same. One bad week destroys weeks of gains. Without a diagnosis, this loop continues — not because the strategy is wrong, but because the structure around it is untested.
Name what's failing →
I want consistent results
Some months work, some don't. The unpredictability is structural — not random. A system without a written ruin threshold and variance model will always feel inconsistent, regardless of win rate.
Fix the structure →
I want a full system audit
I have real trading history. I want QFL to run 25,000 simulations on my actual numbers and deliver a written verdict — ruin probability, max drawdown, survival score — within 3 business days.
See what the report looks like →
Not sure which applies?
Run the free diagnosis first — it tells you →
Your recommended starting point
You have been experiencing a specific structural failure. Before anything else — you need a name for it. Once named, it becomes fixable.
FIMEPSY™
Who this is for
The FIMEPSY™ Diagnosis
For traders who keep losing and can't name exactly why — this names it.
₹275India · Amazon KDP · Instant download
Start here. Next step after reading: the Operating System (₹21,999) deploys the framework into your daily trading.
Most traders have spent ₹2,000–₹20,000 on courses that never answered this question. This costs ₹275. The cost of not reading it is another year of the same pattern.
Most traders have spent ₹2,000–₹20,000 on courses that never answered this question. This costs ₹275. The cost of not reading it is another year of the same pattern.
What problem it solves
Names the state you are in — so you can stop blaming luck
21-point scan that identifies which axis is failing
The S-N Curve of Trading Fatigue — why effort stops working
Foundation layer for all QFL frameworks that follow
Expected outcome
You understand what is breaking down and why — for the first time clearly
₹275 · Instant download · Start todayBuy on Amazon — ₹275 →
Most traders spend ₹5,000–₹50,000 on courses before finding this. It costs ₹275.
Your recommended starting point
You need a daily operating system — not more strategy.
Foundation: The FIMEPSY™ Diagnosis (₹275) → Your entry point: Before You Blow Up Your FIMEPSY™ OS
Who this is for — traders who want consistent, repeatable structure
Before You Blow Up Your FIMEPSY™
FIMEPSY™ deployed as a daily operating system — journal built in, streak rules built in, sizing rules built in.
One impulsive revenge trade after a bad week can cost more than ₹21,999. This system is built to structurally prevent that — not through willpower, but through protocol.
₹21,999
Digital · Google Sheet Journal included
What problem it solves
◆Inconsistent results despite a valid strategy
◆FIMEPSY™ state destroying execution quality
◆No protocol for losing streaks — so they snowball
◆Risk sizing based on feeling instead of rules
Expected outcome
◆A daily pre-session FIMEPSY™ state check — before touching the market
◆30-Bullets™ protocol — defined rules for consecutive losing runs
◆Happy Loss™ sizing — risk per trade defined structurally, not emotionally
◆FLASHBAC™ journal — behavioural deviation captured and broken
Requires the FIMEPSY™ Diagnosis (₹275) as foundation. If you haven't read it, start there.
Your recommended starting point
You have done the thinking. You want the calculation — on your actual data, not on theoretical averages. Here is what that produces.
FIMEPSY™ Diagnosis (₹275) · OS (₹21,999) → Structural Survivability Audit
→
Structural Survivability Audit
₹25,999 · Your Entry Point
04
Consultation + Blueprint
₹59,999+
QFL Structural Survivability Audit — For traders who want QFL to run it on their actual data
₹25,999 Report delivered by email · within 3 business days
The average retail F&O trader loses ₹1.1 lakh per year — SEBI FY24. This audit costs ₹25,999. It tells you exactly what is structurally wrong and what to fix. QFL does not guarantee returns. What this gives you is clarity through data — so you stop blaming luck and understand exactly what is leaking.
What Your Report Contains
01
FIMEPSY™ 6-Part Diagnostic
Full 21-point scan of your Financial, Mental, and Psychological state. Each axis scored. Tells you which part is most damaged — and why.
02
Unromantic Dice™ Calibration
Your strategy mapped to our 12-outcome model so simulation reflects how your trades actually behave — not how a textbook expects them to.
03
25,000-Path Simulation on Your Data
We simulate 25,000 possible futures of your trading. Ruin risk, worst realistic drawdown, survival probability — all from your real numbers.
04
Human Variance Coefficient
How much emotion is costing you — quantified in rupees per trade, not vague advice about discipline.
05
Atmospheric Blackout™ Exposure Score
Your exposure to sudden market shocks — gap openings, expiry spikes — mapped to your instrument and holding period.
06
Survivability Verdict + Recovery Protocol
Concrete adjustments to risk per trade, trade frequency, and position sizing. Not theory — specific numbers to change.
How It Works — Simple Process
1
Reach out to QFL first — WhatsApp or email. No forms, no pressure. Just a conversation.
2
The QFL team reviews your situation personally and confirms the audit is the right fit.
3
Payment only after mutual confirmation — UPI or bank transfer, shared privately by QFL. Payment is kept off the website intentionally: we want you to fully understand the framework and confirm the right fit before you commit anything financially.
4
Your full report arrives by email within 3 business days. PDF. Plain language. Actionable.
ⓘ No payment at this stage. The first step is a conversation — WhatsApp or email. QFL reviews your situation personally and confirms the right fit. Only then, payment details are shared directly by the QFL team. We keep payment off the website because we want you to understand everything before you pay — not the other way around.
💬 Start the conversation on WhatsApp →
✉ Drop a Mail — [email protected]
Every message is read personally by the QFL team — no bots, no automated replies. Response within 24 hours on trading days. Most traders who start the conversation get structural clarity before any payment is discussed.
Step 04 · Full Architecture Rebuild
Schedule — Slots Are Limited
Consultation + Complete Trading Blueprint
Design the complete structure, blueprint, journal — with 2 post-consultation audits
₹59,999
+ 2% of account capital under audit
One dedicated session with the QFL Founder — scheduled to your available slot. Your complete trading structure designed from scratch or rebuilt from where it currently is. Two quarterly follow-up audits included so your structure holds over time, not just on paper.
One unclear trading year in F&O can quietly cost ₹1–5 lakh in avoidable losses. This session costs ₹59,999. The math is not complicated.
Slots are limited. A brief conversation with the QFL team precedes every booking to confirm mutual fit — you will not be asked to pay until that is confirmed.
What This Session Delivers
Complete trading structure design — entry criteria, exit rules, position sizing, fully documented
USRAR™ implementation — Universal Symmetric Risk, Asymmetric Returns deployed to your capital and instrument
FLASHBAC™ journal — custom behavioural deviation tracking for your specific failure patterns
2 quarterly post-consultation audits — structural check at 3 and 6 months
K
Krishnendu Karmakar — Founder, QFL
B.E. Mechanical Engineering · NISM-Certified Capital Markets & Derivatives · India’s first retail trading survivability architecture
Inside the Full Operating System
Manual — ₹21,999
Understand
your system
your system
FRAMEWORK · BEHAVIOR · JOURNAL
SEPARATE
TASA™ — ₹25,999
Test
your system
your system
MONTE CARLO · AUDIT · VERDICT
Before You Blow Up Your FIMEPSY™
The Full Operating System — ₹21,999
143 pages. 26 chapters. Here is what waits inside.
p.4
A Note From Me
The First Rule of Survivability
"If your self-worth is attached to your last trade, the market will eventually take it from you."
tap to read →
p.5
Why I Had To Write This
I Am Interested In Making Sure You Are Still Here After Five Years.
Not in turning you into a hero trader. In making sure you survive long enough for skill to matter.
tap to read →
p.10
Chapter 1
Why Traders Don't Survive
"Survivability begins when you stop asking ‘Can I make money?’ and start asking ‘Can I stay clear, calm, and solvent long enough for probability to work?’"
tap to read →
p.14
Chapter 2
When Losses Feel Like Bad Luck
"Luck becomes powerful only when risk is undefined. Once risk is clearly bounded, luck loses its authority. It doesn\'t disappear. It just stops mattering."
tap to read →
p.18
Chapter 3 — Core Framework
FIMEPSY™ — The State No One Talks About
"I named it FIMEPSY™ — the state where continuous financial losses cause mental fatigue and psychological stress to overlap, gradually distorting decisions and behaviour."
tap to read →
p.42
Chapter 8
The Unromantic Dice™
"A dice that does not care who I am. Does not care how I feel. It only produces a distribution. In this dice, small losses are not failures. They are shear pins — designed to break first so the expensive machine does not."
tap to read →
p.62
Chapter 11
Why More Effort Doesn't Fix Drawdowns
"The more you try to control everything, the less stable everything feels. Drawdowns don't mean you're not working hard enough. They mean your operation is too dependent on your moment-to-moment state."
tap to read →
p.72
Chapter 14 — USRAR™
Universal Symmetric Risk, Asymmetric Returns
"USRAR™ doesn't promise good days. It promises something far more valuable: You will still be here. And if you are still here, skill gets time. If skill gets time, results eventually come."
tap to read →
p.108
Chapter 20 — FLASHBAC™
The Quiet Discipline of Writing Things Down
"Arjun is broken. He lost 45% in one hour. He closes his laptop. He will spend three months trying to ‘make it back’ — until the account hits zero. The Mariner opens his journal. He is calm."
tap to read →
p.117
Conclusion
'You Are Not Broken. You Are Just Unstructured.'
"Most traders don't fail. They undergo structural collapse. You were never broken. You were simply exposed to forces beyond your structure."
tap to read →
26 chapters. Every single one builds on the last.
This is not a motivational read. It is engineering applied to the person behind the trades. FIMEPSY™, USRAR™, Happy Loss™, 30-Bullets™, FLASHBAC™, Unromantic Dice™ — all six frameworks, fully deployed.
5
This is what institutional risk teams do. Now for your account.
Professional desks stress-test trading systems across thousands of simulated scenarios before risking real capital. TASA™ applies the same methodology to your individual account — using your actual numbers, not market averages. This shows whether your system survives or collapses under its own variance.
TASA™ — Trading Account Survivability Architecture
Upload your P&L.
We'll take care of the rest.
Don't manually calculate anything. Upload your broker's P&L file and TASA™ reads your win rate, risk, and trade data automatically. Either way: 25,000 simulated outcomes. A verdict built from your real numbers — not guesses.
See TASA™ in Action — 10 Crore Options Seller
A live demo simulation: 25,000 paths · ₹10Cr capital · Option selling · Realistic dice distribution. See exactly what the audit report looks like before running yours.
01
Upload P&L or enter your numbers
Upload your broker's P&L file and we auto-fill everything. Or enter manually — 10 inputs, about 4 minutes.
02
25,000 paths simulated instantly
The engine runs 25,000 possible versions of your trading future using your actual numbers — not textbook averages.
03
Get your plain-language verdict
Survival probability, worst realistic losing streak, ruin risk, what's actually leaking — in language that makes sense.
The engine is only as honest as your inputs. If you enter a win rate that's higher than your actual history, the output will look better than reality. Use your real numbers. Results will vary slightly between runs — that's intentional: simulation paths are random, just like real trades. Minimum 25,000 paths tested per run. This is not financial advice. QFL is not SEBI registered.
01 Strategy
02 Dice
03 Accuracy
04 Risk
05 Cost
06 Variance
07 Holding
08 Exit
09 Blackout
10 Volatility
→ Output
Step 0 — Just Upload Your Broker P&L. We'll Do the Rest.
No manual calculations needed. Upload your broker's trade book or P&L statement and TASA™ automatically reads your win rate, average win/loss size, trades per month, and participation cost (brokerage + charges per trade). Your inputs get filled in for you — you just review and confirm.
Optional — Skip if entering manually
Select Your Broker
Zerodha
Upstox
Angel One
Groww
Dhan
Fyers
IIFL
Other / Generic CSV
Drop your P&L / Trade Book file here, or click to browse
Accepts: CSV · XLSX · XLS · Zerodha Console, Upstox Reports, Angel Smart Backoffice supported
🔒 Your data stays with you. QFL does not sell or share your trading data with any third party. The file you upload is processed locally in your browser — it never leaves your device. Your contact details (if provided separately) may be used by QFL to communicate with you and to inform you about other QFL products and services. You can opt out at any time by writing to the QFL team.
Extracted from your P&L — will auto-fill TASA™ inputs
Win Rate
—
% winning trades
Avg Win
—
₹ per winning trade
Avg Loss
—
₹ per losing trade
Trades/Month
—
avg over period
Total Trades
—
in file
Avg Charges
—
₹ participation cost
Net P&L
—
total in period
Date Range
—
data coverage
Skip — I'll enter numbers manually below ↓
01Strategy
02Dice
03Accuracy
04Risk
05Cost
06Variance
07Holding
08Exit
09Blackout
10Volatility
→Output
01
Strategy
Your instrument determines the shape of your outcome distribution. Hedging modifies all subsequent risk variables downstream.
①
Option Selling
High win rate. Asymmetric downside. Tail-risk sensitive. Atmospheric Blackout™ exposure is elevated.
②
Option Buying
Low win rate. Asymmetric upside. Premium decay is a structural participation cost on every trade.
③
Equity / Futures
Directional. Leverage amplifies both tails equally. Gap risk is structural for overnight positions.
④
Hedging
Applied on top of primary position. Reduces tail exposure, compresses both win and loss distribution.
02
Unromantic Dice™ — 12-Face Distribution
The market does not have 6 equal outcomes. It has 12. You define them from your own trade history. Each value is an R-multiple outcome. Repetitions are allowed — and expected. If 70% of your trades return +1R, put eight or nine 1s.
Enter exactly 12 values separated by commas.
₹
per trade
This is deducted from every trade outcome — win or loss. Even small costs compound significantly over 500+ trades.
% of trades
Blackout trades are separate from your distribution. These are policy events, circuit breakers, or gap-opens — trades that bypass your normal outcome range and hit −1R to −3R regardless of setup. 3–8% is realistic for active F&O traders.
03
Accuracy & Trade Volume
Accuracy got vs expected separates your actual edge from the edge you believe you have. Number of observed trades determines how much statistical confidence your distribution carries.
%
% of trades that actually closed at positive R. Use your real trade log.
%
What your strategy was designed to achieve. Gap between got vs expected reveals structural drift.
trades
How many trades your distribution is built on. Min 30 for validity. 100+ for statistical confidence.
/ month
Actual frequency — not your target. Capped at 500 for simulation accuracy.
04
Risk Per Trade & Account Size
Happy Loss™ is your pre-defined, emotionally accepted risk per trade. It must never change with your confidence level. Account size and max drawdown define your 30-Bullets™ Shield.
₹
Your total active trading capital
₹
Pre-defined. Emotionally accepted. Never changes with confidence level.
trades
How many past trades to base this audit on. More = higher confidence.
₹
The point where you stop trading entirely, regardless of conviction.
05
Participation Cost
Every trade has a structural cost that exists before any outcome. Brokerage, STT, exchange fees, slippage, bid-ask spread. This is deducted from every single trade in the simulation — win or lose.
₹
Total cost per round-trip trade. Include brokerage + STT + exchange charges + estimated slippage. Enter 0 if unknown.
Typical ranges by instrument
Option Selling₹80 – ₹250 per lot
Option Buying₹60 – ₹180 per lot
Equity Intraday₹20 – ₹120 per trade
Futures₹100 – ₹350 per lot
These are indicative ranges only. Use your actual broker statement figure for accuracy.
06
Human Variance Coefficient
No trader executes perfectly. Human variance is the structural degradation applied to every simulated outcome. Select your actual behavioural profile — not the one you aspire to.
i
No Edge −0.30R
No defined system. Outcomes are noise. Structural survival is coincidental.
ii
Emotional −0.25R
System exists but emotions override it regularly. Revenge trades. Sizing up on confidence. Holding losers.
iii
Professional + Emotional −0.20R
Mostly systematic. Occasional emotional deviations after drawdowns. Still leaking.
iv
Professional −0.15R
Fully systematic. Variance is structural minimum — market reality, not behavioural drag.
07
Holding Period
How long you hold determines your R-multiple realisation potential and gap risk exposure. Mixed holding compounds variance in both directions.
①
Intraday 100%
All positions closed same day. No overnight risk. Distribution tighter.
②
Intraday + Positional
Mixed holding. Widens distribution tails in both directions.
③
Positional
Multi-day holds. Highest variance. Gap risk is structural.
08
Exit Structure
Partial exits change your effective R distribution. A 50% partial at 1R and full exit at 2R gives effective average of 1.5R — not 2R. Enter your actual exit mechanics, not your ideal.
%
Enter 0 for full exit only
R
R
Maximum R on a winning trade
09
Atmospheric Blackout™
Market events where your strategy structurally cannot perform — news shocks, circuit breakers, expiry anomalies, liquidity gaps. Not bad execution. System-incompatible events. What % of your trades hit these?
% of trades
0–3%Minimal — disciplined event filter
4–8%Normal — occasional unavoidable events
9–15%High — strategy has structural compatibility issues
15%+Critical — strategy and market regime are mismatched
R
−1RClean stop hit — circuit breaker caught at price
−2R to −3RGap-open or expiry spike — stop bypassed, filled worse
−4R to −8RLiquidity vacuum — no exit at any reasonable price. F&O tail event.
−8R+Critical — strategy has unhedged tail exposure. Immediate restructuring required.
This R-multiple is applied path-by-path in the Monte Carlo. It is separate from your Unromantic Dice™ distribution — it bypasses your normal outcome range entirely. Option sellers with naked positions: use −4R to −6R as a conservative estimate.
10
Volatility Regime
Volatility is not risk — it is the environment your strategy operates in. A system calibrated for low volatility will break in high volatility, and vice versa. This adjusts the distribution spread across simulated paths.
L
Low Volatility
Compressed ranges, predictable moves. Distribution tails are tighter. Options sellers benefit. Buyers struggle with premium. VIX typically below 14.
M
Medium Volatility
Normal market conditions. Standard distribution spread. Most strategy backtests assume this regime. VIX 14–22.
H
High Volatility
Expanded ranges, gap risk elevated, distribution tails widen significantly. Survival probability drops. Blackout events are more frequent. VIX above 22.
Proof
This is what your account looks like.
Before you run your own numbers.
Read these outputs before entering a single number of your own. You will recognise the pattern before you finish reading.
Real Audit Outputs
Systems fail for structural reasons.
Here is the proof.
≠
Two traders. Same win rate. Completely different survival verdict.
That is the point of this section. The verdict is never about one number. It is about how your risk size, trade frequency, losing streaks, and behavioural variance interact across hundreds of trades. These are real simulation outputs from the TASA™ engine.
Your numbers will produce a different verdict.
The engine does not guess. It uses your real data.
The engine does not guess. It uses your real data.
⚠
Illustrative simulations only. Your actual verdict will differ because your numbers differ.
Most traders find their real win rate is lower than they remember, and their risk per trade higher than intended. The FIMEPSY™ check runs before any simulation — so you work with honest inputs, not optimistic ones.
What you are seeing is the output structure — not your output. Your survival probability, ruin exposure, and loss distribution will be specific to your data. Step 4 routes you to the exact product built for your specific situation.
You have seen what structural failure looks like in other systems. Now the question is: what does it look like in yours? Step 4 asks one question and shows you only what is relevant to your situation.
Illustrative simulations only. Actual verdicts depend on your real data inputs. The FIMEPSY™ diagnostic runs before any simulation to ensure accurate parameters.
This Is What Your Account Looks Like
Your trading behavior, quantified.
Before you enter a single number.
Positive win rate. Real losses. Tried to recover. Gave it back. Sound familiar? This is what that pattern looks like inside a structural audit — the numbers, the ruin probability, the drawdown, the exact point where the system starts failing. Your report will show the same structure. Different numbers. Same story.
QFL Monte Carlo Pro — Unromantic Dice™ Engine
Simulation Running
Loading...
Capital
—
Strategy
—
Win Rate
—
Risk/Trade
—
Trades/Mo
—
Experience
—
Survivability Report
Ruin Risk—
Max Drawdown—
Max Losing Streak—
Expectancy—
Profitable Simulations—
Median Capital—
Profile 1 of 8
89%
Traders lose
SEBI data
SEBI data
₹5.9L Cr
Capital at risk
10M traders
10M traders
25K
Simulation paths
per run
per run
6
Proprietary
frameworks
frameworks
0
Retail frameworks
existed before QFL
existed before QFL
Your Free Interpretation
Get your personal
scan interpretation.
Your FIMEPSY™ scan result auto-fills below. A real person from the QFL team reads it and sends you a personal interpretation of your failure pattern — not an automated email — within 24 hours on trading days.
YOUR DETAILS
QFL reviews your scan result personally and sends a plain-language interpretation: which axis is failing, why that axis produces the exact trading pattern you have been experiencing, and what the structural fix looks like.
Note on what this interpretation is — and isn't:
This identifies your failure axis and explains the mechanism. It does not calculate your survival probability, quantify your ruin exposure, or show how your specific numbers perform under simulation. Those calculations require your actual trade data — and are what the full structural audit produces.
No spam. No automated responses. One real person reads this.This identifies your failure axis and explains the mechanism. It does not calculate your survival probability, quantify your ruin exposure, or show how your specific numbers perform under simulation. Those calculations require your actual trade data — and are what the full structural audit produces.
Your FIMEPSY™ scan result auto-fills from the Reality Check above.
Krishnendu Karmakar
FOUNDER, QUANT FINANCE LAB
Founder, India's First Retail Trading Account Survivability Architecture
NISM-Certified — Capital Markets & Derivatives
B.E. — Mechanical Engineering
Founder & Director, Quant Finance Lab
The Architect
Built from
first principles.
A Mechanical Engineer who applied engineering first-principles thinking to the most structurally broken domain in Indian retail finance — derivative trading.
Observed thousands of retail accounts fail not from bad strategy, but from zero structural architecture. Identified the gap all existing literature fails to solve practically: tips, courses and indicators work only when deployed over a written structural framework. Without the structure, nothing holds.
NISM-certified in Capital Markets and Derivatives. QFL does not provide investment advice. It provides the structural audit that determines whether your system will survive long enough for your edge — if it exists — to express itself.
“Your edge is not the problem.
Whether your system can survive its own statistical variance long enough for the edge to work — that is the problem.”
Whether your system can survive its own statistical variance long enough for the edge to work — that is the problem.”
Direct Expert Engagement
For traders who have moved past
generic frameworks.
Two structured formats. Both begin with a conversation — not a form, not a payment gateway. QFL reviews your situation personally before anything else.
Not for you if
You want tips or trade signals
You expect guaranteed returns
You are in your first year of trading
You haven't run the TASA™ engine yet
You expect guaranteed returns
You are in your first year of trading
You haven't run the TASA™ engine yet
For you if
You have a system that looks right on paper
You've run the TASA™ diagnosis
You want structural clarity, not opinion
You are serious about fixing the architecture
You've run the TASA™ diagnosis
You want structural clarity, not opinion
You are serious about fixing the architecture
01
Structural Survivability Audit — TASA™
Test your system.
Get a written verdict.
A full 25,000-path Monte Carlo simulation on your actual numbers. FIMEPSY™ 6-part diagnostic. Atmospheric Blackout™ exposure mapping. Survivability verdict + recovery protocol. PDF report. Plain language.
What this is: A deep structural audit of your trading account. Not coaching. Not a course. Specific, quantified findings delivered by the QFL team within 3 business days.
₹25,999
PDF report within 3 business days · No payment before confirmed fit
02
Consultation + Complete Trading Blueprint
Rebuild the architecture.
Start with a clean foundation.
One dedicated session with the QFL Founder. Your complete trading structure designed from scratch or rebuilt from where it currently is. Entry criteria, exit rules, position sizing, USRAR™ implementation, FLASHBAC™ journal — all documented. Two quarterly audits included.
What this delivers: A complete, documented trading operating system built around your capital, instrument, and behavioral profile. Not templates. Built for you specifically.
₹59,999 + 2%
+ 2% of capital under audit · 2 quarterly post-session audits included
How Every Engagement Works
1
Message QFL first. WhatsApp or email. No forms, no payment screens. Just a brief conversation about your situation.
2
QFL confirms the fit. The team reviews your situation personally and confirms whether the service is right for what you're dealing with.
3
Payment only after confirmation. Payment details are shared privately by the QFL team. We keep payment off the website because we want you to understand everything before you commit.
4
Delivery. Audit report by email within 3 business days. Consultation delivered as scheduled. No delays.
Start on WhatsApp
Or email: q.financelab@gmail.com · Every message read personally · Reply within 24 hours
QFL Team Portal
Team Access
Restricted.
This portal is for the QFL team only. Use your Founder ID to manage client access credentials.
Founder ID
Access Key
Questions & Answers
What people ask
before they begin.
Book an Appointment
Currently accepting requests
Ready to go further?
Book an appointment.
Two formats. Both start with a short conversation — not a form, not a process. Message QFL on WhatsApp and you'll know within 24 hours whether it is the right fit. The Consultation is with the Founder directly and requires prior scheduling.
Structural Survivability Audit
₹25,999
Consultation with the Founder By Appointment — Limited Slots Monthly
₹59,999 + 2%
All engagements are educational and structural in nature. QFL does not provide trade calls, market tips, or investment advice. This is risk architecture education — applied to your trading system's structure.
REQUEST AN APPOINTMENT
Or reach us directly: WhatsApp +91 98442 40331 →
By submitting, you agree to be contacted via email or WhatsApp. Every request is reviewed personally. QFL will respond within 24 hours.
Request Received
Your request has been received. QFL will review it and respond within 24 hours via email or WhatsApp to confirm your slot and next steps.
In the meantime, you can run the free TASA™ engine above for an instant structural read on your numbers.
In the meantime, you can run the free TASA™ engine above for an instant structural read on your numbers.
How to Pay
Payment details are shared after confirmation.
QFL does not display payment information publicly. Once the QFL team confirms your session or audit, payment details — UPI ID or bank transfer — will be sent directly to you via WhatsApp or email from the official QFL contact. We do this because we want you to understand everything about the engagement before you pay — not the other way around.
⚠ Do not pay to any account or UPI ID not directly shared by the QFL team through the official WhatsApp number (+91 98442 40331) or email ([email protected]).
After payment confirmation, you will receive a calendar confirmation within 24 hours. All sessions are conducted over Google Meet or Zoom. For digital products, the link is sent directly to your email within 2 hours of payment confirmation.