General Trading Chat

[eku]

Green Day

which website to refer for this?

 

[TraderRavi]

Da,

Whats in it for Zerodha? Definitely they are not into Social Service....so just curious.

aree bhai 500 pm per star, people will pay to zerodha, they will pay a % to star , rest in zerodha bank :lol:

 

[Smart_trade]

Da,

Whats in it for Zerodha? Definitely they are not into Social Service....so just curious.

Zerodha will get some % of total money collected.It also get new clients as people will open new accounts for taking this service.So for zerodha it is a win win.

ST

 

[rahulmalik]

Da,

Whats in it for Zerodha? Definitely they are not into Social Service....so just curious.

Open Trade is same concept as 'copy trade', followed by almost all major forex brokers. Its highly successful in forex trading.

Zerodha may not be able to squueze out more brokerage from existing traders, but once it becomes successful, it can became a wave, and attract new traders, non-traders, and has the capability to pull out many traders from other brokers..

Zerodha will get the first mover advantage.

Many forex brokers have abused this by creating fake 'leaders', so they get more and more clients and brokerages. I hope zerodha does not abuses this wonderful social tool.

 

[wisp]

aree bhai 500 pm per star, people will pay to zerodha, they will pay a % to star , rest in zerodha bank :lol:

Ravi Bhai, won't losing traders taking multiple failed trades a day be more beneficial than 500 pm?

 

[blackberry]

which website to refer for this?

Investing.com

 

[Smart_trade]

Zerodha has 100000 clients.Assuming 20% subscribe to just just 1 star(people may subscribe to 4-5 stars in different segments) it makes a collection of 20,000*500=10000000 or Rs 1 cr per month.If 20% is taken by zerodha it is 20 lacs per month or 2.4 cr per year.......

ST

 

[Fundootrader]

at what point you cover if it rallies ?

No covering - Will short again at higher levels

 

[TraderRavi]

Zerodha has 100000 clients.Assuming 20% subscribe to just just 1 star(people may subscribe to 4-5 stars in different segments) it makes a collection of 20,000*500=10000000 or Rs 1 cr per month.If 20% is taken by zerodha it is 20 lacs per month or 2.4 cr per year.......

ST

may be better to start broking business with some utpatang ideas

 

[cinderblock]

Zerodha has 100000 clients.Assuming 20% subscribe to just just 1 star(people may subscribe to 4-5 stars in different segments) it makes a collection of 20,000*500=10000000 or Rs 1 cr per month.If 20% is taken by zerodha it is 20 lacs per month or 2.4 cr per year.......

ST

I have seen this more than a few times. It's a tricky situation. On the one hand the "Stars" want some extra cash. On the other, if you really are a profitable trader you don't want to share your "competitive advantage" with others.

I wouldn't like to reveal it in open forum but there are a number of ways to resolve the situation - meaning - not reveal the trading edge and still earn the subscription fee