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PGDIMES

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YA....I do have useful things to contribute....please go to my all posts..and read the reply I had given to someone who was bullish on RELIANCE...I had pointed out to the weakening technical structure of RELIANCE...and the fundamental reasons why I considered RELIANCE a sell...Reliance today is @770...I am a full time trader and I understand that my assessment could have been wrong also...at the same time if you read that post...it will change your perceptions...and I would like to remain a trader only ...not an expert on trading platforms...I think I have deviated from my real objectives..I look upon this forum as a place where we can indulge into discussions and add value to each other....it appears as both of us are fighting for someone else's girlfriend...I need a break now...and so sweet of you to have reposted...I know I have an audience....Regards and Happy Trading....
:rofl::rofl::rofl:

You were so eager to reply to my post, you didn't pay any attention to see the person to whom I have addressed the 2nd part of my previous reply...

I love sweets... Keep them coming...

:rofl::rofl::rofl:
 
R

respectinvestor

Guest
@ respectinvestor,

Will you kindly point out the differences (if not all, at least a few) between NOW and all other trading platforms which you think are better than NOW? IMHO, charting is a major drawback. But quotes are very quick and much better than those given by Reliance, IIFL, Sharekhan, Kotak or ODIN. Haven't compared with Indiabulls... But I can assure you PIB doesn't update quotes so many times within a specific time interval (have used PIB 3 years back). But please point out the differences for the benefit of others. :)

@ reks,

Do you have something else to contribute other than bashing Zerodha in this forum!!! :(
@PGDIMES
kindly point out the differences (if not all, at least a few) between NOW and all other trading platforms:
Coming exclusively to points raised by you:

I will just compare it with KEAT PROXyou can extrapolate it to other platforms and understand the difference:
1.)every 14 days you need to find a new password write ..write first the old passwordthen write new password ..then again confirm the new passwordso one needs to write password three timescompare it to KEATjust loginI understand its for safety concerns .at the same time its a trading inconvenience for which at least ZERODHA is not responsibleone can always argue as to how much time it takes but it is an inconvenienceI can vouch for itand this is the same system which even ICICI USESand I find it inconvenient.

2.)Now have a look at the buy dialog box or sell box which appearswithin that box there are a total of 22 fieldI seriously fail to understand the utility of so many fields In KEAT PRO X..only 12 such fieldalmost half as in NSENOWand the basic p-loss price then by trigger price fieldit seriously appears very clumsy on NSENOW for which again ZERODHA is not responsible..

3.) Again for putting an order in NSENOW everytime exchange needs to be selected from COMBO BOX whether NSE or NFO.in keat there is no such problemu select the security and its doneno need to select the exchange

4.)Under net position what a trader is interested in knowing is simply whether he is in plus or minus by comparing it to the price at which he had bought or sold a particular security.and what is shown is net positionIn keat u get to know by how much you are ahead or falling behind in the game by comparing current price to ones buy or sell priceagain Zerodha is not responsible for this..

I can go on and on.but that does not solve the purposeI was just highlighting the way a trader sees all this
 

Zerodha

Well-Known Member
HI ZERODHA,
CAN WE GET 5MINUTE OR 10MINUTE INTRADAY DATA FROM NOW PLATFORM...I COULD SEE INTRADAY LINE CHART , BUT IT WILL BE OF MUCH HELP FOR SMALL TRADERS LIKE ME IF WE CAN SEE 5MINUTE OR 10 MINUTE CANDLES OR BARS..AND RESPECTIVE DATA SET ( OPEN HIGH LOW CLOSE) FOR EACH 5 MINUTE OR 10 MINUTE BAR . TICKER IS UPDATING VERY FAST IN NOW ...IT WILL BE OF GREAT HELP IF THAT FEATURE IS THERE...
PLEASE GUIDE ME IF THE FEATURE IS ALREADY THERE IN THE NOW.EXE...
THANKYOU,
PRAVEEN:thumb:
Hi PRaveen,

Data, you can get... you can write to excel and export data on to excel sheet.... If you are tech savy, you can use this data and do anything that you want....

The charting platform on NOW is not the greatest... you can look at TAME if you are alright with a little delay in the quotes...

Cheers..
 

murthyavr

Well-Known Member
Data, you can get... you can write to excel and export data on to excel sheet.... If you are tech savy, you can use this data and do anything that you want....
Is there anyone who can capture the data from NOW, post it to Excel and then
convert it into an Amibroker-friendly format? (I guess majority of the traders
use AmiBroker only..). Everything in real-time.

One such macro will be very useful.

Thanks..
 

msa5678

Well-Known Member
Hi Zerodha,

Can we trade commodities from Zerodha ?
If yes what is the procedure to enable it !
If no do you intend to start commodities trading in future ?

One advise, This thread has become very long. If you could prepare an index of the thread and post in the beginning of the thread, then readers searching for a particular topic may save the trouble of reading the entire thread.

Regards:)
 

Zerodha

Well-Known Member
Hi Zerodha,

Can we trade commodities from Zerodha ?
If yes what is the procedure to enable it !
If no do you intend to start commodities trading in future ?

One advise, This thread has become very long. If you could prepare an index of the thread and post in the beginning of the thread, then readers searching for a particular topic may save the trouble of reading the entire thread.

Regards:)
Commodities, waiting for fmc approval... Should be up soon...

index of the thread!! hmm.. let me figure out how to...
 

praveen98

Well-Known Member
Hi PRaveen,

Data, you can get... you can write to excel and export data on to excel sheet.... If you are tech savy, you can use this data and do anything that you want....

The charting platform on NOW is not the greatest... you can look at TAME if you are alright with a little delay in the quotes...

Cheers..
hi ZERODHA,
THANK YOU FOR THE PROMPT REPLY. I NEED DATA ONLY FROM NOW.EXE . CAN YOU EXPLAIN THE PROCEDURE TO EXTRACT 5MIN OR 10 MINUTE DATA TO EXCEL. I AM DOING CHARTING BY HAND SO NO PROBLEMS FOR ME WITH NOW.EXE CHARTING .
THANKS IN ADVANCE
REGARDS
PRAVEEN:thumb:
 
R

respectinvestor

Guest
:clap::clap:
@respect,

we have had one instance of downtime in the last year and a half on NOW... NOW is a dealer terminal and definitely takes getting used to... A dealer terminal has so many more features compared to a client terminal.... But as I said, once you are used to a gearless vehicle, if you start off on a geared one, it takes getting used to.... If anyone needs help understanding, we are open to getting online and taking you through a complete demo... You need to ask for it though....

Customer service, I have traded with a lot of brokers and I can vouch that we provide a better customer service than anyone else...

Most of us today have a point of view on a product, even if you haven't used them or don't even know how it works... I am totally open to taking any criticism from a client of ours who wants an improvement in any aspect of our business....but it is like saying, without even opening an account with say an icici bank, telling that they are bad...

We are focussing our business for active traders and in that sense it is a niche product... An average f&o trader has 1lk in his account and puts atleast 2 to 4 trades a day... sums upto 10 lots of nifty futures or probably 20 lots on options.... This is an average... with an icici or kotak you would probably pay atleast 1000 in brokerage and probably Rs 100 with us.... If you consider 250 trading days a year, you would have paid 2.5lks as brokerage compared to just 25k with us...

Can an average trader make 2.5times his capital just to breakeven??? You would be paying 25k with icici/kotak just as service tax on this 2.5lks brokerage and that would be all the brokerage you would be paying with us...

Now if you are not this average trader, you buy 1 mininifty/nifty once a week and do 10 trades a year, we may not really save you a lot of money, because you don't really generate any brokerage...

We haven't sent 1 spam sms, made 1 telemarketing call, spam email, advertising asking anyone to join us... Our business is focussing on giving an edge to an active trader beat others in the market, by giving a good(fast and reliable) trading platform, good customer service at the lowest cost........ If we are not sticking to this commitment, give us a shout...

Cheers...
Coming to your point of view regarding this average trader who trades at least 10 lots of NIFTY FUTURES in a day.An active trader as defined by you does at least 10*20=200 lots of NIFTY in a monthso considering that NIFTY ia @5000 an active trader does a transaction worth 200*50*5000= 5 crores in a monthso for that person to be wiped out completely it requires losses to the tune of only .2% to and I have seen enough of thisso I bet that person will be out of the stock market in the first month of his trading itselfAnybody who has been in the market long enough will vouch for this factso after the first month he wont be in a position to give brokerage either to ZERODHA or some other entities like an ICICI or a KOTAK or a RELIGARE or an INDIAINFOLINEHe has to die

Again ZERODHA has an edge hereif that person wipes out his capital completely he c:clap:an shift the blame to the tune of 20000 to his broker if he has been charged @4paisa.150000 if he has been charged @3 paisa and 10000 if he has been charged @2 paisaZERODHA makes great sense here because if to trade in 200 lots of NIFTY a person has traded only 100 timesthen the maximum blame game he can play is to the tune of 2000 onlyThis is indeed a great value for money

So your break-even concept is full of faulty assumptionsand I take this privilege to challenge ZERODHA to come up with facts regarding even 20 active traders of the variety as mentioned above and whether they were alive in this market after even 2-3 months with the amount of capital they started with

Look here point is very simpleno one makes money just because the brokerage he gave was lessA person who can not make money @3 paisa brokerage charges is definitely not going to make money even @.5 paisaor @RS. 20 flat as brokerage

At the same time ZERODHA makes great sense to a compulsive trader who needs to trade alwaysone would be saving a lot in terms of brokerageso please do not propagate this fallacy of 2.5 lacs of brokerage vs. 25k of brokeragethat person who indeed made money because of low brokerage at least can not be found on this planet earthhe must be on moonat the same time there are a very rare variety of traders who have indeed worked hard and are able to make money.probably 1 in a 100ZERODHA does make immense sense to this rare breed also

@PGDIMESjust wrote what I felttook inspiration from youand I assume you have been in the markets long enough to concur with the facts I have stated..
 

Zerodha

Well-Known Member
hi ZERODHA,
THANK YOU FOR THE PROMPT REPLY. I NEED DATA ONLY FROM NOW.EXE . CAN YOU EXPLAIN THE PROCEDURE TO EXTRACT 5MIN OR 10 MINUTE DATA TO EXCEL. I AM DOING CHARTING BY HAND SO NO PROBLEMS FOR ME WITH NOW.EXE CHARTING .
THANKS IN ADVANCE
REGARDS
PRAVEEN:thumb:
On the NOW platform, add the scripts... right click and use write to excel... Also check out link to excel option...
 
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