Zerodha - Number One Discount Broker in India

[Punter786]

Dear Zerodha,

If opposite positions are taken in Nifty futures of the same contract using CO then will both positions remain open at the same time or the one will cover the other?

That kind of position can be helpful in certain scenarios. I will try that position, so I want to be clear about it.

Thanks & regards

 

[Zerodha]

Dear Zerodha,

If opposite positions are taken in Nifty futures of the same contract using CO then will both positions remain open at the same time or the one will cover the other?

That kind of position can be helpful in certain scenarios. I will try that position, so I want to be clear about it.

Thanks & regards

Yes you can take opposite positions using CO, in actual your net position at the exchange level will be 0, but technically as per the RMS you will be holding 2 opposite positions.

I don't think this is useful in anyway, this could be more detrimental as it might confuse on what you have, what you need to exit and others. You will also end up paying a lot of other charges unnecessarily..

 

[LivetoTrade]

Yes you can take opposite positions using CO, in actual your net position at the exchange level will be 0, but technically as per the RMS you will be holding 2 opposite positions.

I don't think this is useful in anyway, this could be more detrimental as it might confuse on what you have, what you need to exit and others. You will also end up paying a lot of other charges unnecessarily..

Stock X moves from 90 to 100 :

Trade 1 ) Buy at 90 and cover at 100.

Trade 1a ) Sell at 96 and cover at 92. (Note, this is a sub-trade or trading the pullback)

Will this require only 7k+ limits for order?

 

[TracerBullet]

Guys,

There is so much action happening on this thread, if I have missed any query, do ask it once again..

- minor bug report -
With New Nest plugin/ZT, keyboard shortcuts (for zoom / move) dont work on 2nd opened chart. They work fine on first chart.

If nest guys started fixing some of these issues, it would get a lot more usable. All of these annoyances add up.

 

[Punter786]

Yes you can take opposite positions using CO, in actual your net position at the exchange level will be 0, but technically as per the RMS you will be holding 2 opposite positions.

I don't think this is useful in anyway, this could be more detrimental as it might confuse on what you have, what you need to exit and others. You will also end up paying a lot of other charges unnecessarily..

Ok. Thanks for the reply & advise

But Sir, you replied in this post http://www.traderji.com/brokers-trading-platforms/89121-zerodha-part-3-a-168.html#post907265 that the sell @6100 was covered/bought @6105. Are they Not forming opposite positions therefore should Not the ''separate'' buy order @6105 have remained open? The stop-loss trigger of the sell order @6100 was 6112.

 

[Trader J]

Dear Zerodha,

I checked New Zerodha website, good to see pictures of Team member --About > Meet the team.......Where is Sachin, hari and bharath...Pictures missing... ??

Dear Zerodha,

I checked New Zerodha website, good to see pictures of Team member --About > Meet the team.......Where is Sachin, hari and bharath...Pictures missing... ??

 

[Trader J]

They say when it rains it pours!! .. Phew!! last few days have been tough..

Guys, our focus is definitely not pricing, it is 100% on technology and tools, cause as a lot of you reading would have realized that pricing helps only to a certain extent.

A couple of things that I'd want to share, so that there is no confusion:

1. You might see one ID as Zerodha on traderji, but unlike all of you, we are a bunch of people writing reply on this side, right now it is me Nithin.

2. It is very tricky when we have to reply to pseudo names without knowing the client ID, email or phone numbers. Yes, we might have talked about it on the forum, and one of the many people(40 odd on support) would have interacted, but it becomes really tough to connect.

Coming back to the platform, Aug is our anniversary day, and we intend to be the best in every aspect of this business by then. As a low cost business, we had been forced to work with partners, rather than build our own products. But with all our client support, today we are at a stage, where we have put up an in house technology team, and looking to move away from all the so called vendors out there.

1. Our new website with a bunch of tools has gone live today, our blog Z-connect has been redesigned.

2. We will be calling for beta testers for our new front end very soon. We are hoping that this platform will do everything that an MT4, Ami, metastock can do and also be able to trade the markets. Going live on this will still take some time though.

3. Our new backoffice is getting ready, a lot more intelligent, and a lot more smarter.

These are a bunch of things on our list to do, we work in a heavily regulated environment, so it might take a bit to get approvals and etc, but we are all committed towards offering better technology, platform, and tools.

But this whole business of being on sites like traderji or social media, is definitely a double edged sword.. ... Do bounce off any suggestion you have to [email protected]...

Cheers,

Dear Nithin,

Please continue the 60 day challenge for some more time after December, lets make all of us good trader.........

 

[hupadhya]

Hello Zerodha,

At 9:30 AM none of the options were working in ZT and only ticker was moving. I could not place buy or sell order and was admin position(F11) option was not working. Can I know the reason for this?

I think those who bought at high would got screwed, since they could not have exited on time.

 

[megapixel]

hi zerodha,

What is the update of the migration of backoffice from internet explorer to other browsers and in mobile platform ?

This is making a lot of trouble. Could you please look into it ?

 

[nithxp]

The left right arrows used after zoom in wont work in 2nd chart its a serious bug