Zerodha Part 2

[Zerodha]

Sorry for semantic error.
I was referring to " bracket orders"

Bracket orders not allowed for retail clients..

 

[Zerodha]

Hi Zerodha/Sachin

Can we trail in case of covered order, say we bought @ 100 Rs and sl is 99 then price goes upto 105, can we trail the sl to 101?

Presently you can modify the trigger only in the range that is shown while placing your order, so you cannot trail anywhere outside the range..

 

[Brill]

Presently you can modify the trigger only in the range that is shown while placing your order, so you cannot trail anywhere outside the range..

Request Zerodha to to change this. at present there is a chance that a profitable trade if not checked and squared off manually getting loss making by hitting the stop loss.

 

[Zerodha]

@comm,

No excuses for this and we have been interacting with them on how to fix all these small niggling issues.. As I said, there is also so much that can be done and the decision we have taken is to go ahead with a DP of our own.. One of the main reasons for not doing this earlier was because the compliance issue with DP account.. But now with the new KRA norms in place, it has become very simple..

@ my investmentz, everyone at Zerodha is working towards the target of being the biggest in the business and this is not possible without our delivery based clients.. Hopefully once we have the DP, we can match up to the collateral interface you get with your present broker.. As per your advice and after running the process for a few months, we are lowering the cash component required by a client when he pledges the stock by 50% to 15%.. So the cash component required to make good any MTM is just 15%..

Cheers,

 

[Zerodha]

Request Zerodha to to change this. at present there is a chance that a profitable trade if not checked and squared off manually getting loss making by hitting the stop loss.

Brill, we are not talking about your normal stoploss orders, I was referring to cover orders..

In normal SL you can modify in any range you want..

http://www.zerodha.com/z-connect/blog/view/cover-orders-for-higher-leverage

 

[Zerodha]

Hi, I have doubt about Zerodha brokerage calc. in options. What is the buy and sell price to be entered? and what quantity? Suppose i buy HDIL CE 120 at 2.40 what is the quantity and buy and sell rate to be entered?

how much money i need in my a/c for the above transaction. Can i trade options like normal share? short selling etc...

Seniors/Zerodha kindly help.

Thanks
Brill

Buy rate can be 2.4 and sell can be anything( 2.6 or anything you wish).. quantity is the lotsize 4000 or multiples of 4000 if you want to check for more than 1 lot..

 

[comm4300]

@comm,

No excuses for this and we have been interacting with them on how to fix all these small niggling issues.. As I said, there is also so much that can be done and the decision we have taken is to go ahead with a DP of our own.. One of the main reasons for not doing this earlier was because the compliance issue with DP account.. But now with the new KRA norms in place, it has become very simple..

thank you. Atleast you guys are doing something.
Now, followup question:
If you did come up with your own DP - would i be able to transfer all my holdings from ILFS to you?

 

[megapixel]

@comm,

No excuses for this and we have been interacting with them on how to fix all these small niggling issues.. As I said, there is also so much that can be done and the decision we have taken is to go ahead with a DP of our own.. One of the main reasons for not doing this earlier was because the compliance issue with DP account.. But now with the new KRA norms in place, it has become very simple..

@ my investmentz, everyone at Zerodha is working towards the target of being the biggest in the business and this is not possible without our delivery based clients.. Hopefully once we have the DP, we can match up to the collateral interface you get with your present broker.. As per your advice and after running the process for a few months, we are lowering the cash component required by a client when he pledges the stock by 50% to 15%.. So the cash component required to make good any MTM is just 15%..

Cheers,

Thats a good news. Please speed up starting DP business.

I want to switch from IL&FS to Zerodha DP.

 

[Brill]

Hi sir
Can i link ZT market watch to Excel 2003??? What is the procedure/steps to lhe same?
thanks/brill

 

[prabit]

nestplus not opening, anybody facing same problem