Zerodha - Number One Discount Broker in India

[arcus]

The money Rs 50K for trading is total affordable risk capital, so the capital may be 50L or 100L so that he has power to trade with 1% daily.

Earning 15% per month is very much possible. I have seen some good traders on this forum who also claim to make 15% per month like the moderator Smart_trade.

With cover orders and 20 times leverage, earning 1.5 lakh average pm with maximum leverage can compress the required "working capital" (50K) and make it a fraction of the actual trading capital (10L).

That would make it a reasonable 15% per month return on trading capital.

Many traders however may fail to understand that and may start to act recklessly watching such apparent 200% returns per month.

Both Zerodha and the trader should mention explicitly that this is only a portion of their actual trading capital. What some traders would like to refer to as "working capital".

Without that, the interview itself becomes a mere sensation rather than a guiding voice.

All of the Market Wizard interviews and even the book by Alexander Elder called "Entries and Exits" which is a series of interviews of profitable traders measure returns as a percent of the "trading capital" as opposed to just the "working capital" with the broker.

 

[anand14may]

please first apply that kick ass technology to upgrade your back office and make it multi browser support.

I double that, Zerodha's backoffice is real pain (no way you can call it user friendly) and on top of it they force users to run it on Internet Explorer calling it advanced in comparison of Firefox, Safari, Chrome. Their customer care says 'Most people uses IE so we offer our backoffice on IE' ... such a joke

 

[Price Pattern Recognition]

Hi, Zerodha,

Your updated web site is looking smart.

Give us a clue about your future trading terminal with 'kick ass technology'. Is it finalized? Or you still want to keep it as a secret?

No one would complain about your high transaction cost anymore, if you could provide us a lightning fast and user friendly terminal like Meta Trader or Ninja Trader.

 

[anand14may]

please first apply that kick ass technology to upgrade your back office and make it multi browser support.

zerodha ,
Your website is modified :thumb: it looks like opening an account in Gmail,Fb and all ....looks cool....

Please GOD tell them to modify there backoffice as well/

 

[godfather]

Please GOD tell them to modify there backoffice as well/

Agreed:thumb:

 

[ocil]

zerodha ,
Your website is modified :thumb: it looks like opening an account in Gmail,Fb and all ....looks cool....

And working fast compare to earlier one... :thumb: :clap:

 

[TracerBullet]

Re: NEST chart

By default ,NEST chart appears in the bottom of the Screen.
Is it possible to make it FLOAT?(Quite similar to Admin positions or order book or ...)

There is a vertical bar at the leftmost area. Double click there releases the window.

I do wish we had tabs in the software. It seems very 'clunky'

Look at step 2 here - http://zerodha.com/z-connect/blog/view/charting-nest-starter-pack

 

[Price Pattern Recognition]

Re: NEST chart

I do wish we had tabs in the software. It seems very 'clunky'

Actually a charting software like nest plus without TAB is useless, unless we can quickly switch between different time frames like Metra Trader or Amibroker. Trading with single time frame is very awkward.

Also, technical analysis is very time consuming job. A technical analysis software like nest plus is not useful at all, unless all pattern drawings, support resistances or trend lines are saved and opened again.

Zerodha must consider basic requirements before finalizing a trading terminal again.

With Best Regards.

 

[tradetolearn]

Re: NEST chart

Actually a charting software like nest plus without TAB is useless, unless we can quickly switch between different time frames like Metra Trader or Amibroker. Trading with single time frame is very awkward.

Also, technical analysis is very time consuming job. A technical analysis software like nest plus is not useful at all, unless all pattern drawing, support resistance or trend line are saved and opened again.

Zerodha must consider basic requirements before finalizing a trading terminal again.

With Best Regards.

yup, u r right,nest plus is pathetic,we have to switch time frame each and every time,and it takes a hell lot of time to load, there is no setting to open a chart in default time frame:annoyed:,amibroker is ok but data services to run it take a lot of interenet bandwidth,some website are giving data in mt4 but its not reliable and not fast enough.

 

[TracerBullet]

Agree

Just in case you did not know, we can 'Lock' the window so that opening a chart again opens a new window.
So we can have multiple charts but have to put them in same view.