General Trading Chat

[TradeOptions]

Is there any broker which provide level 3 info on market depth with 20 orders?

I am looking more like a super user or advanced user rather than separate market data from vendor.

I do not think there is any broker, who would provide this type of 20 levels of order book depth. Because of the extra burden that it would put on the broker terminals, when 99.99 % of his clients would not be using such a facility in their trading.

Such thing is also not available from any of the authorized data vendors who are focused on retail traders type of clients.

This is only available for Institutional Clients, along with the proper tick by tick datafeed and it costs big money.

Most Institutional Desks subscribe directly with NSE and have designed their proprietary tools to capture such data.

 

[TradeOptions]

But the argument can cut both ways.

The position which shows profit in Zerodha may actually be a loss making one

Exactly. It would apply both ways.

And now since there is incentive for maintaining profitable record in zerodha, therefor many guys who have accounts with different brokers, and in different family member names, will start to play some tricks, which will show up profit in zerodha accounts and losses in other broker accounts.

Although it does not means, that all the Star Traders would be using such tricks. There would be many more genuine traders with real genuine track record as well.

But possibilities of such "Tricks" cannot be denied.

Thanks and regards

 

[Smart_trade]

But the argument can cut both ways.

The position which shows profit in Zerodha may actually be a loss making one

That is possible but when we are considering drawdowns a seasoned trader will not observe huge drawdown in his account unless he is hedged somewhere else.But as you said even profit levels could be inflated because of multiple accounts trading.

ST

 

[Singhraja]

St sir any new observation or pattern please share your last concept of two bar work like magic sir today we have much time please share sir

 

[Smart_trade]

Exactly. It would apply both ways.

And now since there is incentive for maintaining profitable record in zerodha, therefor many guys who have accounts with different brokers, and in different family member names, will start to play some tricks, which will show up profit in zerodha accounts and losses in other broker accounts.

Although it does not means, that all the Star Traders would be using such tricks. There would be many more genuine traders with real genuine track record as well.

But possibilities of such "Tricks" cannot be denied.

Thanks and regards

I doubt whether getting few followers will be main objective for most of the stars.

ST

 

[Blackhole]

NIFTY weightage PIE

 

[vas2009]

I do not think there is any broker, who would provide this type of 20 levels of order book depth. Because of the extra burden that it would put on the broker terminals, when 99.99 % of his clients would not be using such a facility in their trading.

Such thing is also not available from any of the authorized data vendors who are focused on retail traders type of clients.

This is only available for Institutional Clients, along with the proper tick by tick datafeed and it costs big money.

Most Institutional Desks subscribe directly with NSE and have designed their proprietary tools to capture such data.

Very well explained boss.The only way out is to subscribe to the broker as an institutional trader that will entail a huge capital running into crores and a huge minimum subscription per month(subscription itself may run into a couple of lacs).Also he will have to open a company/proprietary/partnership organisation to do the same else broker firm will not entertain such requests.

 

[naughtynifty50]

Please post reviews/suggestions about the following ELSS schemes

1. Escorts Tax Plan
2. L&T Tax Saver
3. Tata India Tax Savings Fund
4. Franklin (I) Tax Shield

 

[Blackhole]

Please post reviews/suggestions about the following ELSS schemes

1. Escorts Tax Plan
2. L&T Tax Saver
3. Tata India Tax Savings Fund
4. Franklin (I) Tax Shield

just check it urself in moneycontrol.com/mutualfund section....u can check entire details like fundmanager ,rank of fund along with stock holding portfolios....

 

[naughtynifty50]

just check it urself in moneycontrol.com/mutualfund section....u can check entire details like fundmanager ,rank of fund along with stock holding portfolios....

Yes, I have selected these funds from moneycontrol (ELSS section) itsef and posted here for expert opinion.