Zerodha Part 2

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Hi zerodha,

Just a few minutes ago I traded following script but something unexpected happened can u please explain details of my trade are:

Script name= jp ass
Time 12:20:55
Qty=1
Limit price entered by me = 96.60

Please check at that time price was not even near 96.60 and my order was executed at instant i.e at 96.60 , check candle stick chart at that time can u please explain why that happened
Hello Hayerpa,

Take screen shots of chart and of the order / trade book and other information you can gather.

Post them here for all members to see and analyse.

This will help to analyse the fastest execution and real time charts claim of NEST platform offered by Zerodha.

Similar problem is also reported for ShareKhan Trader Tiger.

Below is the link -

http://www.traderji.com/data-feeds/77585-data-mismatch-eod-v-s-ieod.html

Enjoy,
CArnot
 

Trader J

Well-Known Member
I just received call from Tradewin, the transaction charges are 250/Crore compare to Zerodha 450/Crore. They have trading software like Odin, they will launch soon NSE. Cheers....
Just know about new Broker from Banglore "Tradejini Financial Services Pvt Ltd" same 20 per order, but transaction charges very high 490/crore for all......
 
Hello Hayerpa,

Take screen shots of chart and of the order / trade book and other information you can gather.

Post them here for all members to see and analyse.

This will help to analyse the fastest execution and real time charts claim of NEST platform offered by Zerodha.

Similar problem is also reported for ShareKhan Trader Tiger.

Below is the link -

http://www.traderji.com/data-feeds/77585-data-mismatch-eod-v-s-ieod.html

Enjoy,
CArnot

dear following is the image of my trade





please clearify
 
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Hello Hayerpa,

What was the trigger price of your order ?

Enjoy,
CArnot
hi carnot,

it was a limit order i was shorting at 96.60
and below is the transcript of the mail i received from zerodha as a reply to query, do you think it is right what zerodha says:

Thanks for writing to Zerodha Customer Care. The above scenario works in case you are going long and not in case of short, while going short if you place a lesser price then the market price it will get executed at the market price. If at all you wish to go short at a price lesser than market price then you will have to place a stop loss order.
 
Before people jump into any conclusion about as to why I have been so critical of Zerodha and my tone and tenure can definitely offend anyone (including Zerodha)..My sincere apologies to Zerodha If my writing has hurt them…and as I can be hurt… definitely even Zerodha can be hurt…Its not about settling scores with anyone..no one is here to settle scores..we are not enemies or adversaries..Most of us in the Traderji Forum are simple traders ..trying to make attempts to become a profitable trader…that’s it…In my last post I had written that I will write some good things about Zerodha…so that Zerodha does not have a feeling that I am here with some ulterior motives..

New to this world of Trading I agree that I may have written something which may be factually incorrect…but even being new to trading I have taken pains to understand the Trading Business..

Let me write something about quite a few noticeable brilliance of NEST TRADER (Zerodha refers it as Zerodha Trader)..Having seen both NSE NOW as well as Zerodha Trader…I can give a logical analogy..Both of them are the best trading platform available to the trading community as of today..and I am not writing this based on some assumptions…rather I do have exposure to most of the trading platforms which are available in the market today…be it Power India Bulls of Indiabulls/Indiainfoline/Kotak (Keat Pro I guess)/Sharekhan/Motilal Oswal/ICICI Direct etc…The set of Brokers I have referred above..all of them have their own Trading Platforms..and none of them come close to the performance of NSE NOW/Zerodha Trader….I repeat there is a big difference…The rates refresh fastest in both these platforms compared to anyone of the so called established Brokers or what some people may call as reputed Brokers…Extremely sorry to say.. all these established Brokers are miles behind NSE-Now or Zerodha Trader…in terms of speed of execution as well as the real-time quotes being refreshed… So Zerodha not only heralded a revolution in the Broking Industry by giving the most competitive rates but also delighted us by giving a platform (initially NSE-NOW and now Zerodha Trader)…So Zerodha’s forward march can not be attributed only to the superior brokerage offering…but also to a superior trading platform…

Now next comes the reliability of Trading Platforms…NSE-NOW and Zerodha Trader both of them have a distinct advantage here also…At the same time being a Technology Based offering..even NSE-NOW as well as ZT a few times have given some anxious times to the people trading with them..and they can not be faulted here..because any technology can not be 100% perfect…and why I write this ..because another important aspect is lost when people like me start blaming Zerodha for any issue arising out of some technological Gltches..which can happen with any Trading Platform…and this can be understood by the entire trading community who had the privilege of trading with any of the so called established or reputed broking firms…The reality is that the amount of issue generally people face with all the Big names in the industry is nowhere close to a bit of inconvenience one may have with NSE-NOW or ZT…so again even in the terms of reliability of a trading platform…Zerodha scores and I reckon every entity which has been using NSE-NOW..they also have a distinct advantage here…
Now coming to what Zerodha Trader has on offer…As far as ratesrefreshment of rates and order execution is concerned there is no difference..but there is quite a few features available in ZT which I reckon is unparallel…may be Interactive Brokers would be somewhat close to it in this..but since I do not have any exposure to it…I can not comment..still IB is an Internationally renowned Broker..so its imperative that they may also have features which Indian brokers generally do not have…Here again what Zerodha has done is immensely commendable…and no one comes close to it…

One of the features like cover order is distinctly superior to what any other Broking firms provide..leverage is a double edged sword ..at the same time…if someone is good in this art Zerodha again has the Best offering…of course it can always be debated whether this leverage is good or not..at the same time..the leverage which is on offer due to Cover Order facility is among the best in the industry… I appreciate this endeavour of Zerodha which is definitely a boon for professional traders..of course not for novices like me…still they have something which is not available with majority…If one wants one can use it..if one does not want one is free not to use it…

Recently they have tied up with Global Data feeds and Amibroker ..and one can shoot orders directly from Amibroker ..This is definitely a class act..at least for professional traders who understand the dynamics of this trading business…and again none of the Reputed or established Brokers provide this world class innovation or Technological Superiority which Zerodha has demonstrated in its quest to delight us with superior product and superior Technology…

With time I am sure they will also be able to enable Bracket orders..another world class act..and going by the different features available with Nest Trader like Trigger Buy price or Trigger sell price..about which I am not sure whether they are enabled at present or not…and I am sure all these features will be available very shortly..
Consider another advantage of Nest Trader or Zerodha Trader..I will give an example by comparing it with Keat of Kotak…if one wants to know how much one is ahead or behind in the race..one needs to go to another menu..and then quotes are not visible..with ZT Quotes are available along with Admin Position as well as Order details and its on the same screen..I consider it another innovation which is a class apart..No need to go to any other menu..on a single screen everything is available..

I would be doing a disservice to Zerodha if they consider me as someone who has been troubling them….No not at all…Because I very well understand the importance of superior Technological platform which Zerodha has provided…I have earlier also written I LOVE YOU LIKE I HATE YOU AND I HATE YOU LIKE I LOVE YOU…and You have actually delighted the trader community with you Technologically Superior offerings and gone a step ahead by coming up with Nest Trader which is If you take my opinion a class apart from NSE NOW also..which also I recommend highly because it is superior to majority of the offerings in the market…

Boss I am a novice..trying to get a feel of this trading world..aiming high..whether I succeed or fail is another matter..I have written this just to tell you that I am actually in awe of Zerodha…and my writing a few things should not be taken otherwise that it is with may be some ulterior motives..no not at all..Definitely new to this Trading world but wise enough to see the superiority of your Technology and the innovation Zerodha has been constantly making in their effort to delight us…World class offering at such a low cost is still acceptable to me ..and Zerodha has excelled in every Dept. ….I have talked in such a rude manner to its customer care..and the way these people handled me..It ended with me apologising for my rude behaviour..How I can forget these sweet gestures by the team of Zerodha..I may have some opinion on something…at the same time it does not mean I have anything against Zerodha..NO..not at all….

I have written this lest I may be misunderstood as someone bent upon breaking the harmony prevalent in this group…Zerodha you have delighted us with your superior offerings..YE DIL MAANGE MORE…this is my only fault…nothing else..at the same time I see things in totality…not with coloured frames…Overall Zerodha does have a value proposition difficult to be matched by anyone..Hope it clarifies to an extent what my unnecessary barbs may have generated in the minds of a few..I am a novice trader..trying to make two ends meet..at the same time trying to be successful in my endeavour..thats it..nothing beyond this

Regards and Happy Trading…..NJOY EVERYBODY…:thumb::clap:
Sir its very difficult for us to understand as your views bigger then mount Everest till yesterday and on bottom of sea bed today

Also its difficult to understand if we see you post from last 3 days with you being highly able in the language English

In simple terms please explain in one word YES or No that u want reduction of charges for fellow members at trader ji

I will advice you one more thing better join politics because you are PHD in switching sides yesterday you were talking all the nonsense which was not required from going to INCOME TAX RBI SBI UBI UTI MCA ICAI SEBI CCI SBI RAW ISI FBI CIA PIA AIR INDIA high court supreme court ECT ECT :rofl:

Where as all is required from this community is to urge ZERO DHA to Reduce TRXN charge from 490 To 250 per crore and not the above
 
Last edited:

VJAY

Well-Known Member
Before people jump into any conclusion about as to why I have been so critical of Zerodha and my tone and tenure can definitely offend anyone (including Zerodha)..My sincere apologies to Zerodha If my writing has hurt themand as I can be hurt definitely even Zerodha can be hurtIts not about settling scores with anyone..no one is here to settle scores..we are not enemies or adversaries..Most of us in the Traderji Forum are simple traders ..trying to make attempts to become a profitable traderthats itIn my last post I had written that I will write some good things about Zerodhaso that Zerodha does not have a feeling that I am here with some ulterior motives..

New to this world of Trading I agree that I may have written something which may be factually incorrectbut even being new to trading I have taken pains to understand the Trading Business..

Let me write something about quite a few noticeable brilliance of NEST TRADER (Zerodha refers it as Zerodha Trader)..Having seen both NSE NOW as well as Zerodha TraderI can give a logical analogy..Both of them are the best trading platform available to the trading community as of today..and I am not writing this based on some assumptionsrather I do have exposure to most of the trading platforms which are available in the market todaybe it Power India Bulls of Indiabulls/Indiainfoline/Kotak (Keat Pro I guess)/Sharekhan/Motilal Oswal/ICICI Direct etcThe set of Brokers I have referred above..all of them have their own Trading Platforms..and none of them come close to the performance of NSE NOW/Zerodha Trader.I repeat there is a big differenceThe rates refresh fastest in both these platforms compared to anyone of the so called established Brokers or what some people may call as reputed BrokersExtremely sorry to say.. all these established Brokers are miles behind NSE-Now or Zerodha Traderin terms of speed of execution as well as the real-time quotes being refreshed So Zerodha not only heralded a revolution in the Broking Industry by giving the most competitive rates but also delighted us by giving a platform (initially NSE-NOW and now Zerodha Trader)So Zerodhas forward march can not be attributed only to the superior brokerage offeringbut also to a superior trading platform

Now next comes the reliability of Trading PlatformsNSE-NOW and Zerodha Trader both of them have a distinct advantage here alsoAt the same time being a Technology Based offering..even NSE-NOW as well as ZT a few times have given some anxious times to the people trading with them..and they can not be faulted here..because any technology can not be 100% perfectand why I write this ..because another important aspect is lost when people like me start blaming Zerodha for any issue arising out of some technological Gltches..which can happen with any Trading Platformand this can be understood by the entire trading community who had the privilege of trading with any of the so called established or reputed broking firmsThe reality is that the amount of issue generally people face with all the Big names in the industry is nowhere close to a bit of inconvenience one may have with NSE-NOW or ZTso again even in the terms of reliability of a trading platformZerodha scores and I reckon every entity which has been using NSE-NOW..they also have a distinct advantage here
Now coming to what Zerodha Trader has on offerAs far as ratesrefreshment of rates and order execution is concerned there is no difference..but there is quite a few features available in ZT which I reckon is unparallelmay be Interactive Brokers would be somewhat close to it in this..but since I do not have any exposure to itI can not comment..still IB is an Internationally renowned Broker..so its imperative that they may also have features which Indian brokers generally do not haveHere again what Zerodha has done is immensely commendableand no one comes close to it

One of the features like cover order is distinctly superior to what any other Broking firms provide..leverage is a double edged sword ..at the same timeif someone is good in this art Zerodha again has the Best offeringof course it can always be debated whether this leverage is good or not..at the same time..the leverage which is on offer due to Cover Order facility is among the best in the industry I appreciate this endeavour of Zerodha which is definitely a boon for professional traders..of course not for novices like mestill they have something which is not available with majorityIf one wants one can use it..if one does not want one is free not to use it

Recently they have tied up with Global Data feeds and Amibroker ..and one can shoot orders directly from Amibroker ..This is definitely a class act..at least for professional traders who understand the dynamics of this trading businessand again none of the Reputed or established Brokers provide this world class innovation or Technological Superiority which Zerodha has demonstrated in its quest to delight us with superior product and superior Technology

With time I am sure they will also be able to enable Bracket orders..another world class act..and going by the different features available with Nest Trader like Trigger Buy price or Trigger sell price..about which I am not sure whether they are enabled at present or notand I am sure all these features will be available very shortly..
Consider another advantage of Nest Trader or Zerodha Trader..I will give an example by comparing it with Keat of Kotakif one wants to know how much one is ahead or behind in the race..one needs to go to another menu..and then quotes are not visible..with ZT Quotes are available along with Admin Position as well as Order details and its on the same screen..I consider it another innovation which is a class apart..No need to go to any other menu..on a single screen everything is available..

I would be doing a disservice to Zerodha if they consider me as someone who has been troubling them.No not at allBecause I very well understand the importance of superior Technological platform which Zerodha has providedI have earlier also written I LOVE YOU LIKE I HATE YOU AND I HATE YOU LIKE I LOVE YOUand You have actually delighted the trader community with you Technologically Superior offerings and gone a step ahead by coming up with Nest Trader which is If you take my opinion a class apart from NSE NOW also..which also I recommend highly because it is superior to majority of the offerings in the market

Boss I am a novice..trying to get a feel of this trading world..aiming high..whether I succeed or fail is another matter..I have written this just to tell you that I am actually in awe of Zerodhaand my writing a few things should not be taken otherwise that it is with may be some ulterior motives..no not at all..Definitely new to this Trading world but wise enough to see the superiority of your Technology and the innovation Zerodha has been constantly making in their effort to delight usWorld class offering at such a low cost is still acceptable to me ..and Zerodha has excelled in every Dept. .I have talked in such a rude manner to its customer care..and the way these people handled me..It ended with me apologising for my rude behaviour..How I can forget these sweet gestures by the team of Zerodha..I may have some opinion on somethingat the same time it does not mean I have anything against Zerodha..NO..not at all.

I have written this lest I may be misunderstood as someone bent upon breaking the harmony prevalent in this groupZerodha you have delighted us with your superior offerings..YE DIL MAANGE MOREthis is my only faultnothing else..at the same time I see things in totalitynot with coloured framesOverall Zerodha does have a value proposition difficult to be matched by anyone..Hope it clarifies to an extent what my unnecessary barbs may have generated in the minds of a few..I am a novice trader..trying to make two ends meet..at the same time trying to be successful in my endeavour..thats it..nothing beyond this

Regards and Happy Trading..NJOY EVERYBODY:thumb::clap:
Feel of session in parliment for Lokpal bill....:lol::lol:.....
After that session ...bo one know what hapeen LOKPAL ...:D
 
Sir its very difficult for us to understand as your views bigger then mount Everest till yesterday and on bottom of sea bed today

Also its difficult to understand if we see you post from last 3 days with you being highly able in the language English

In simple terms please explain in one word YES or No that u want reduction of charges for fellow members at trader ji

I will advice you one more thing better join politics because you are PHD in switching sides yesterday you were talking all the nonsense which was not required from going to INCOME TAX MCA ICAI SEBI CCI SBI RAW ISI FBI CIA PIA AIR INDIA high court supreme court ECT ECT :rofl:

Where as all is required from this community is to urge ZERO DHA to Reduce TRXN charge from 490 To 250 per crore and not the above
You forgot the RBI :D
No wonder Zerodha doesnt like you :D

After reading his post, I was like..... WHAAATTTTTTT?????????????????? His post was like hitting circuits on the index, both on the long side as well as on the short side. That too in 2 days.

He sounds more like Sachins girlfriend looking forward to a diamond ring for new year, hence his post :)

I remember reading I love you also in his post :)
 

comm4300

Well-Known Member
hi carnot,

it was a limit order i was shorting at 96.60
and below is the transcript of the mail i received from zerodha as a reply to query, do you think it is right what zerodha says:

Thanks for writing to Zerodha Customer Care. The above scenario works in case you are going long and not in case of short, while going short if you place a lesser price then the market price it will get executed at the market price. If at all you wish to go short at a price lesser than market price then you will have to place a stop loss order.
@hayrepa: For any SELL below the current price use SL-L; example:
RELIANCE @ 820, and i want to short only when it goes below 810; my order would look like
SELL RELIANCE SL-L trigger 810; limit 810;
once 810 is traded, your order goes to the system as limit order to sell at 810;
 
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