Zerodha - Number One Discount Broker in India
- Thread starter Traderji
- Start date
This thread is probably the most interesting thing running on any forum in India right now.
There is this broker who is trying extra hard to by nice, I am just waiting to see when Zerodha burns out..
On the other hand, there are people like the punters, amsins, who probably have 10 to 20k in their account and think that they can actually make money trading f&o. Guys, with that much money in your account, you are just having a slow death. You will keep burning and keep refilling every month. If you guys want to give it a good shot, save up a decent trading capital and then give it a shot.
@amsin, when you are wrong accept that you are, the biggest skill required to make money in the market. After all those you wrote, and knowing that you were wrong, you didn't even bother to say a sorry for all of that, and just started another topic. This is exactly the attitude of people who loose trading the markets, " get into a wrong position, and not acknowledge it, and then get egoistic about it by thinking that you can make it right".
Anyways, my 2 cents,
I am putting money that this whole interaction that Zerodha has been running on this forum, and claiming to be the best boy in town for 3 odd years... hmm.. With the reduced interaction of late, they will probably stop coming on traderji soon, my bet is a couple of months.... anyone taking the bet?
There is this broker who is trying extra hard to by nice, I am just waiting to see when Zerodha burns out..
On the other hand, there are people like the punters, amsins, who probably have 10 to 20k in their account and think that they can actually make money trading f&o. Guys, with that much money in your account, you are just having a slow death. You will keep burning and keep refilling every month. If you guys want to give it a good shot, save up a decent trading capital and then give it a shot.
@amsin, when you are wrong accept that you are, the biggest skill required to make money in the market. After all those you wrote, and knowing that you were wrong, you didn't even bother to say a sorry for all of that, and just started another topic. This is exactly the attitude of people who loose trading the markets, " get into a wrong position, and not acknowledge it, and then get egoistic about it by thinking that you can make it right".
Anyways, my 2 cents,
I am putting money that this whole interaction that Zerodha has been running on this forum, and claiming to be the best boy in town for 3 odd years... hmm.. With the reduced interaction of late, they will probably stop coming on traderji soon, my bet is a couple of months..
.. anyone taking the bet?What's up with Zerodha?
2 days in a row now, crucial features were missing from the Z-trader app first thing in the morning. Yesterday, fund transfer via the app did not work until 9:30 and then today the "position conversion" tab was unavailable again until 9:30.
Crucial features to malfunction before market opening, don't you think? You plan your funds based on the assumption that "fund transfer" and "position conversion" will always work. I mean, I wouldn't care about "options calculator" or top N securities going kaput. I can view them on some other app or on another site. Not the case with funds transfer and position conversion and other core trading features!
One day I guess it's okay. Two days in a row? hmm..
So, what's up?
2 days in a row now, crucial features were missing from the Z-trader app first thing in the morning. Yesterday, fund transfer via the app did not work until 9:30 and then today the "position conversion" tab was unavailable again until 9:30.
Crucial features to malfunction before market opening, don't you think? You plan your funds based on the assumption that "fund transfer" and "position conversion" will always work. I mean, I wouldn't care about "options calculator" or top N securities going kaput. I can view them on some other app or on another site. Not the case with funds transfer and position conversion and other core trading features!
One day I guess it's okay. Two days in a row? hmm..
So, what's up?
I have been a lurker for quite sometime now and i have been watching this thread.
I must say Zerodha is trying really hard to please its customers. I m also one of them.
I usually don't post often , but i had to drop in on this one.
The issues most people here are facing are to do with the technology of the trading platform. i.e Omnesys trading platform. They are the real culprits here. Can't really blame zerodha on that front, as they are getting screwed royally from Omnesys .I know this because i have extensive experience in the software industry and let me tell you if i was Zerodha i would not deal with Omnesys.
The recent update from Omnesys is so pathetic , even in the software services industry , this kind of update is not acceptable , let alone in the financial industry.
The kind of packaging and installation is just rubbish. I have not seen any software product do an update like Omnesys does. The latest update actually does a complete separate installation , its supposed to update the existing installation.
About the stability of Omnesys platform , i think everyone here knows how it is. I have no idea who is running Omnesys, but if they were in any other part of the world they would be out of business.
I do wish they move away from Omnesys if Zerodha wants to protect their reputation and stay in business.
Lastly Guys, give zerodha a break . At least they are trying to be different from other brokers and trying to improve.
Once again, the very best of luck to Zerodha and team. :thumb::thumb::thumb:
/end of rant
I must say Zerodha is trying really hard to please its customers. I m also one of them.
I usually don't post often , but i had to drop in on this one.
The issues most people here are facing are to do with the technology of the trading platform. i.e Omnesys trading platform. They are the real culprits here. Can't really blame zerodha on that front, as they are getting screwed royally from Omnesys .I know this because i have extensive experience in the software industry and let me tell you if i was Zerodha i would not deal with Omnesys.
The recent update from Omnesys is so pathetic , even in the software services industry , this kind of update is not acceptable , let alone in the financial industry.
The kind of packaging and installation is just rubbish. I have not seen any software product do an update like Omnesys does. The latest update actually does a complete separate installation , its supposed to update the existing installation.
About the stability of Omnesys platform , i think everyone here knows how it is. I have no idea who is running Omnesys, but if they were in any other part of the world they would be out of business.
I do wish they move away from Omnesys if Zerodha wants to protect their reputation and stay in business.
Lastly Guys, give zerodha a break . At least they are trying to be different from other brokers and trying to improve.
Once again, the very best of luck to Zerodha and team. :thumb::thumb::thumb:
/end of rant
I second you.. I have some similar feelings... There are 2 major trading platform providers in the country (unless of course you're building an inhouse application like ShareKhan did..Trade Tiger is amazing).. Omnesys and FT.. The software does not even come close to International Standards let alone match it.. I have a demo MT4 software which does a 100 time better job than what NEST does.. Some hope cos recently Omnesys was acquired by Thomson Reuters: http://www.thehindu.com/news/national/karnataka/thomson-reuters-acquires-omnesys/article5135148.ece
Yes, this is again scary and good news at the same time.
Thomson reuters could shut down NEST trader completely and stop supporting it and they could force Zerodha to opt for their own trading platform at a higher cost or Zerodha would have find a new partner for trading platform.
Whatever it is , I hope its best for Zerodha.
Thomson reuters could shut down NEST trader completely and stop supporting it and they could force Zerodha to opt for their own trading platform at a higher cost or Zerodha would have find a new partner for trading platform.
Whatever it is , I hope its best for Zerodha.
