Zerodha - Number One Discount Broker in India
- Thread starter Traderji
- Start date
TradeWise
We have MTM in ADMIN POSITIONS represented in TWO ways,now:
1.Day-wise
2.Net-wise
While FIRST indicates about DAY performance ,the SECOND indicates
overall performance or NET positions.
Why can't we have another way of another representation ,that is,
3.TRADE-wise
I will explain in detail taking fictitious values.
Trade.1
=======
Consider a person bought 6000CE at 100 and sold 110.(100 options or 2 lots)
Trade.2
=======
Consider same person bought 5900PE at 50 and sold 60.(100 options or 2 lots)
Trade.3
=======
Again bought 6000CE (100 options or 2 lots) at 98 and current price is 94.
The MTM is shown like this ,as per your present format.
What I am proposing is the following change:
Both yields the same result.
ADVANTAGES:
One can analyse TRADES in a better way because TRADE.3 will be in RED colour ,indicating
you are against the TREND.In present format it will appear in GREEN colour ,since ,the
NET result is positive.It gives a false look ,since it is indicated in GREEN.
One can plan Stoploss and Exit in a better way.
With fewer trades ,one can remember ,previous MTM value.But if trades are more it
is difficult to remember the values.
A sea of RED means that person is going against the trend.
If is deemed FIT ,you can incoporate the same after studying from your angle.
We have MTM in ADMIN POSITIONS represented in TWO ways,now:
1.Day-wise
2.Net-wise
While FIRST indicates about DAY performance ,the SECOND indicates
overall performance or NET positions.
Why can't we have another way of another representation ,that is,
3.TRADE-wise
I will explain in detail taking fictitious values.
Trade.1
=======
Consider a person bought 6000CE at 100 and sold 110.(100 options or 2 lots)
HTML:
-----------------------------------------------------------------------------------
Trading Symbol BUY SELL NET BUYaverage SELLaverage MTM LTP
-----------------------------------------------------------------------------------
6000CE 100 100 100 110 1000 110=======
Consider same person bought 5900PE at 50 and sold 60.(100 options or 2 lots)
HTML:
-----------------------------------------------------------------------------------
Trading Symbol BUY SELL NET BUYaverage SELLaverage MTM LTP
-----------------------------------------------------------------------------------
6000CE 100 100 100 110 1000 104
5900PE 100 100 50 60 1000 60=======
Again bought 6000CE (100 options or 2 lots) at 98 and current price is 94.
The MTM is shown like this ,as per your present format.
HTML:
-----------------------------------------------------------------------------------
Trading Symbol BUY SELL NET BUYaverage SELLaverage MTM LTP
-----------------------------------------------------------------------------------
6000CE 200 100 100 99 110 600 94
5900PE 100 100 50 60 1000 60
HTML:
-----------------------------------------------------------------------------------
Trading Symbol BUY SELL NET BUYaverage SELLaverage MTM LTP
-----------------------------------------------------------------------------------
6000CE 100 100 100 110 1000 94
5900PE 100 100 50 60 1000 64
6000CE 100 100 98 -400 94ADVANTAGES:
One can analyse TRADES in a better way because TRADE.3 will be in RED colour ,indicating
you are against the TREND.In present format it will appear in GREEN colour ,since ,the
NET result is positive.It gives a false look ,since it is indicated in GREEN.
One can plan Stoploss and Exit in a better way.
With fewer trades ,one can remember ,previous MTM value.But if trades are more it
is difficult to remember the values.
A sea of RED means that person is going against the trend.
If is deemed FIT ,you can incoporate the same after studying from your angle.
Last edited:
Hi Zerodha ,
That was a 2L order and not a SP order. If I remember correctly I was previously able to execute similar order as market order by giving zero as price.
Also in your zconnect article the same is mentioned under no5 point
http://www.zerodha.com/z-connect/blog/view/zt-spread-orders
But I think I got the issue. May be 2L/3L orders are not allowed for heterogeneous contracts.
I was trying to buy NIFTY future in 1 leg and Sell nifty Call option in another leg. Is that the issue ?
If so? Why? this should be allowed.
That was a 2L order and not a SP order. If I remember correctly I was previously able to execute similar order as market order by giving zero as price.
Also in your zconnect article the same is mentioned under no5 point
http://www.zerodha.com/z-connect/blog/view/zt-spread-orders
But I think I got the issue. May be 2L/3L orders are not allowed for heterogeneous contracts.
I was trying to buy NIFTY future in 1 leg and Sell nifty Call option in another leg. Is that the issue ?
If so? Why? this should be allowed.
