Zerodha - Number One Discount Broker in India
- Thread starter Traderji
- Start date
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OMG. That is what you understand after reading my whole topic. :lol:
It is clear that you don't know what is the present cover order facility in zerodha trader terminal. Probably you are not a Zerodha Client.
Cover order facility is active for whole day just like MIS. Cover order is just same as MIS (intra day square off 10 min before market closing) with compulsory stop loss and executed as market order only.
It is already active in some risky stock futures. Zerodha RMS Team know the risk well and monitor the open positions.
Every one know 60-70% time market remain in range bound mode.
And even after anticipating 'range bound' market if we
1)sell put & market break out the range up side or
2)sell call & market break the range down side, we can make money too.
Such facility would only add probability of winning of a day trader.
I am a day trader, even Rs 2-3 in a Rs 50 option is big for me (it is 4-6%).
I am a Zerodha Client and I am interested.
I gave a direct and clear suggestion to Zerodha in their thread. I have done. It is up to my broker now.
No need to disturb the thread again and again. Please leave the topic here.
I'll not reply anything further or read your comment on the same topic again.
Best Wishes.
Cheers.
OMG. That is what you understand after reading my whole topic. :lol:It is clear that you don't know what is the present cover order facility in zerodha trader terminal. Probably you are not a Zerodha Client.
Cover order facility is active for whole day just like MIS. Cover order is just same as MIS (intra day square off 10 min before market closing) with compulsory stop loss and executed as market order only.
It is already active in some risky stock futures. Zerodha RMS Team know the risk well and monitor the open positions.
Every one know 60-70% time market remain in range bound mode.
And even after anticipating 'range bound' market if we
1)sell put & market break out the range up side or
2)sell call & market break the range down side, we can make money too.
Such facility would only add probability of winning of a day trader.
I am a day trader, even Rs 2-3 in a Rs 50 option is big for me (it is 4-6%).
I am a Zerodha Client and I am interested.
I gave a direct and clear suggestion to Zerodha in their thread. I have done. It is up to my broker now.
No need to disturb the thread again and again. Please leave the topic here.
I'll not reply anything further or read your comment on the same topic again.
Best Wishes.
Cheers.
Last edited:
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OMG. That is what you understand after reading my whole topic. :lol:
It is clear that you don't know what is the present cover order facility in zerodha trader terminal. Probably you are not a Zerodha Client.
Cover order facility is active for whole day just like MIS. Cover order is just same as MIS (intra day square off 10 min before market closing) with compulsory stop loss and executed as market order only.
It is already active in some risky stock futures. Zerodha RMS Team know the risk well and monitor the open positions.
Every one know 60-70% time market remain in range bound mode.
And even after anticipating 'range bound' market if we
1)sell put & market break out the range up side or
2)sell call & market break the range down side, we can make money too.
Such facility would only add probability of winning of a day trader.
I am a day trader, even Rs 2-3 in a Rs 50 option is big for me (it is 4-6%).
I am a Zerodha Client and I am interested.
I gave a direct and clear suggestion to Zerodha in their thread. I have done. It is up to my broker now.
No need to disturb the thread again and again. Please leave the topic here.
I'll not reply anything further or read your comment on the same topic again.
Best Wishes.
Cheers.
OMG. That is what you understand after reading my whole topic. :lol:It is clear that you don't know what is the present cover order facility in zerodha trader terminal. Probably you are not a Zerodha Client.
Cover order facility is active for whole day just like MIS. Cover order is just same as MIS (intra day square off 10 min before market closing) with compulsory stop loss and executed as market order only.
It is already active in some risky stock futures. Zerodha RMS Team know the risk well and monitor the open positions.
Every one know 60-70% time market remain in range bound mode.
And even after anticipating 'range bound' market if we
1)sell put & market break out the range up side or
2)sell call & market break the range down side, we can make money too.
Such facility would only add probability of winning of a day trader.
I am a day trader, even Rs 2-3 in a Rs 50 option is big for me (it is 4-6%).
I am a Zerodha Client and I am interested.
I gave a direct and clear suggestion to Zerodha in their thread. I have done. It is up to my broker now.
No need to disturb the thread again and again. Please leave the topic here.
I'll not reply anything further or read your comment on the same topic again.
Best Wishes.
Cheers.
If you have a mandatory stop loss of 100 points and the broker takes the 100 points money in advance and do not hold the NRML margin. Sounds good to me.But I don't know whether Zerodha can implement on their own without Exchange support.
Zerodha please clarify from your side what do you think of this?
Market is trading strongly above 6000 but all the Calls like 6100, 6200 to 6500 are trading below their previous closing prices. What is happening here? Has the Nifty system malfunctioned?
Yesterday 6500 Call closed at 12.50 and today it touched the high of 19, though this price is bizarrely Not showing on its own (6500) chart! But now it is trading at around 11 when the Nifty is up 40 points, world markets are trading higher and many days left in the expiry. Is something awry? Seems like some technical glitch.
Yesterday 6500 Call closed at 12.50 and today it touched the high of 19, though this price is bizarrely Not showing on its own (6500) chart! But now it is trading at around 11 when the Nifty is up 40 points, world markets are trading higher and many days left in the expiry. Is something awry? Seems like some technical glitch.
@ Zerodha
Do brokers have an association? If yes, please take the initiative regarding the taxation issues, specially the section 44AD, and inform the tax authority that traders can have less than 8% profit out of their turnover. It is natural. Otherwise maintaining books and then getting audit is costly and time consuming toofor some one who is not earning his bread via trading. Also it will affect the broking business if people keep on getting notices.
Do brokers have an association? If yes, please take the initiative regarding the taxation issues, specially the section 44AD, and inform the tax authority that traders can have less than 8% profit out of their turnover. It is natural. Otherwise maintaining books and then getting audit is costly and time consuming toofor some one who is not earning his bread via trading. Also it will affect the broking business if people keep on getting notices.
