Zerodha - Number One Discount Broker in India

[Trader J]

We have a formula in place for this where the 1lk will be divided based on who called it the earliest..

Great !!! So please just put all above values in formula so we know how much can win.

 

[timepass]

Great !!! So please just put all above values in formula so we know how much can win.

I guess you won't know it till the end because there may be other users adding their inputs or changing their previous values

 

[Trader J]

I guess you won't know it till the end because there may be other users adding their inputs or changing their previous values

I just want to know, after all changes etc if the final list of winner like same as written by me than who will get what ?

 

[Zerodha]

I want to know prize distribution in CROWD.in

Suppose NIFTY close on Friday at 7700

Suppose two person predicted on first day (Rs 100 K) 7700
Suppose four person predicted on second day (Rs 70 K) 7700
Suppose three person predicted on fourth day (Rs 30 K) 7700
Suppose Ten person predicted on Last day (Rs 1 K) 7700
How you distribute 100 K in above all winners.

200 k (2x 100)
280 k ( 4x 70)
90k (3 x 30)
10k ( 10 x 1)

Total 580 k

the guy who who guessed on 1s't day, 100k in this 580k , around 20% of the pot and hence gets 20% of 1lk.

with over 2000 predictions and 2 days left, as of now there are only 2 persons who are within a 1 point range..

 

[Brill]

When you place an order and is sent to the exchange servers via our servers, you get the benefit of whatever is the tick available at the exchange, so your orders in essence get to see the tick by tick data at the exchange, but your marketwatch doesn't.

The 1 second snapshot data what you see on NEST is very similar to what you see on one of the authorized data vendors. But again it won't really be an exact match. The advantage with charting on a trading platform is that it would probably be a few milliseconds faster... The advantage with data vendors is probably that they keep cleaning up the data, adjusting for splits, freak trades, and etc...

Dear Sir,

As I understand,

For making candle chart / OHLC chart the TICK DATA IS NOT AT ALL NECESSARY. What is required is only last one minute open, high, low and close only.
so After completion of each one minute the system has correct data and that data only we are asking for.

Once the one minute data is correct all the other (5m, 15m, 30m etc. )data will be correct.

And why somebody want clean up of the above data? Let all see what actual trade has happened. How to interpret the freak trades are up to the end user.

Why the computer system is unable to show correct past data is puzzling. Is this PURPOSEFUL? to make trading difficult for retailer? (those who/institutional inversors are using higher level data, they may even know all the pending trigger orders also, so that they can plan their trades accordingly.)

Kindly correct me if I am wrong.

thanks

 

[ksp191]

Sir,
your 60days winners refund brokerage's orange button is not working in IE BROWSER

 

[arcus]

Zerodha is very good with probabilities.

Both the 60 day challenge and the Crowd Index are based on probabilities.

We know that only 10% of traders make money, but with the 60 day challenge, the trading volume is increased as everybody thinks he will win the challenge but overall Zerodha wins every time from increased trading activity.

As far as Crowd index, so far its acting as a contra-indicator than an indicator.

1, 3, 5 & 7 are in the opposite direction of 2, 4, 6, 8.

Zerodha is not charity organization to give 1,00,000 every week. That is equal to 52 Lakhs a year.

I have nothing against the 60 day challenge (I won it multiple times) nor the crowd index.

I am just saying the odds are in favor of Zerodha in both cases.

 

[Zerodha]

Dear Sir,

As I understand,

For making candle chart / OHLC chart the TICK DATA IS NOT AT ALL NECESSARY. What is required is only last one minute open, high, low and close only.
so After completion of each one minute the system has correct data and that data only we are asking for.

Once the one minute data is correct all the other (5m, 15m, 30m etc. )data will be correct.

And why somebody want clean up of the above data? Let all see what actual trade has happened. How to interpret the freak trades are up to the end user.

Why the computer system is unable to show correct past data is puzzling. Is this PURPOSEFUL? to make trading difficult for retailer? (those who/institutional inversors are using higher level data, they may even know all the pending trigger orders also, so that they can plan their trades accordingly.)

Kindly correct me if I am wrong.

thanks

A 1 minute chart is mad up by the 60 1 second snapshot data we get from the exchange. What this 1 second snapshot data shows us is not really under our control, it comes from NSE and it could be a traded tick anywhere in the 100 hundred or more ticks that happened in that 1 second.

But as I was saying, we show what we receive.

 

[Zerodha]

Sir,
your 60days winners refund brokerage's orange button is not working in IE BROWSER

You need to use Q, we have disabled the 60 day in the old backoffice. Check this: http://zerodha.com/z-connect/tradez.../intro-to-q-next-generation-backoffice-system

 

[prabit]

Zerodha is very good with probabilities.

Both the 60 day challenge and the Crowd Index are based on probabilities.

We know that only 10% of traders make money, but with the 60 day challenge, the trading volume is increased as everybody thinks he will win the challenge but overall Zerodha wins every time from increased trading activity.

As far as Crowd index, so far its acting as a contra-indicator than an indicator.

1, 3, 5 & 7 are in the opposite direction of 2, 4, 6, 8.

Zerodha is not charity organization to give 1,00,000 every week. That is equal to 52 Lakhs a year.

I have nothing against the 60 day challenge (I won it multiple times) nor the crowd index.

I am just saying the odds are in favor of Zerodha in both cases.

Charity organisation also has to earn something otherwise wherefrom the money will come. It is win win situation, everybody wins and everybody happy. Most traders wants 60 days challange to continue. Any form of incentives improves trading. Enjoy what you getting extra. Its freebees man.