Zerodha....
- Thread starter bharath.mang
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- Tags bakwaas now cheapest brokerage nest nest plus new broker zerodha zerodha trader
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Stbt is not allowed even if u have a demat.. U can't sell stcks for delivery without holding it in your demat...
Btst is allowed.. U can buy today and sell it tomm itself ... The only risk with such a trade is that of auction... I have explained this on the thread, let me see if I can find the link...
Btst is allowed.. U can buy today and sell it tomm itself ... The only risk with such a trade is that of auction... I have explained this on the thread, let me see if I can find the link...
@sumo, I read that guy who has posted the thread... He has also wanted 5 to 7 times margin for futures...
Would u want to be trading with a broker like that? The other day when nifty gave the freak tick of 5000 and if it had stayed there for a few mins, nse would have blocked all terminals of these brokers...
We are growing our business organically and a 5000 tick wouldn't put any great stress on our system..what I am trying to say is, yes it is a little higher, but there is a reason for that... One violent bear cycle and you would understand why you had paid a tad higher...that said, this is going to keep going lower...
Would u want to be trading with a broker like that? The other day when nifty gave the freak tick of 5000 and if it had stayed there for a few mins, nse would have blocked all terminals of these brokers...
We are growing our business organically and a 5000 tick wouldn't put any great stress on our system..what I am trying to say is, yes it is a little higher, but there is a reason for that... One violent bear cycle and you would understand why you had paid a tad higher...that said, this is going to keep going lower...
Zerodha, point is, we are not asking for 7 times margin for futures. Neither is that particular broker providing.
And what relation does transaction charges have with flash crashes and bear markets?
I was hoping you would answer today, and am glad you did. Now please explain the post of yours
in context to this post of mine
We are asking for reduction in costs, transaction charges, not margins.
In todays markets, traders may not survive long enough for you to bring down the costs to 200 per crore. These charges add to our losses and eat into our profits in a BIG way. Since you were a big time trader yourself, trading intraday, you must know what it feels like. Of all the people, you should identify what active traders are going through!
And what relation does transaction charges have with flash crashes and bear markets?
I was hoping you would answer today, and am glad you did. Now please explain the post of yours
in context to this post of mine We are asking for reduction in costs, transaction charges, not margins.
In todays markets, traders may not survive long enough for you to bring down the costs to 200 per crore. These charges add to our losses and eat into our profits in a BIG way. Since you were a big time trader yourself, trading intraday, you must know what it feels like. Of all the people, you should identify what active traders are going through!
Zerodha, point is, we are not asking for 7 times margin for futures. Neither is that particular broker providing.
And what relation does transaction charges have with flash crashes and bear markets?
I was hoping you would answer today, and am glad you did. Now please explain the post of yours in context to this post of mine
We are asking for reduction in costs, transaction charges, not margins.
In todays markets, traders may not survive long enough for you to bring down the costs to 200 per crore. These charges add to our losses and eat into our profits in a BIG way. Since you were a big time trader yourself, trading intraday, you must know what it feels like. Of all the people, you should identify what active traders are going through!
And what relation does transaction charges have with flash crashes and bear markets?
I was hoping you would answer today, and am glad you did. Now please explain the post of yours
in context to this post of mine We are asking for reduction in costs, transaction charges, not margins.
In todays markets, traders may not survive long enough for you to bring down the costs to 200 per crore. These charges add to our losses and eat into our profits in a BIG way. Since you were a big time trader yourself, trading intraday, you must know what it feels like. Of all the people, you should identify what active traders are going through!
When you go to the US and rent a car, u can just rent a car or you can with a lot of other covers, insurance, body to body, life etc... It does cost a little extra when you take these covers.. It may not seem like it is required most of the time, but it sure as hell helps when there is trouble...
As I said, we have to do things to make this a sustainable business model to us come rain or shine.. In the business of broking, everyone can run it when markets are flat or bullish, but it is most important to prepare for those 2008, 2004 , 2000 kind of years...Our charges are a little higher coz we have a different deal and we are preparing for that year and it is our belief that a lot of present brokers can't survive the next big fall with the high leverages and low margins they are working with...
We are trying our best to get some active future traders to start trading with us to get this cost lower.. Most of our pro trading is also on put-call parity and doesn't generate any futures turnover.. But we are hoping to have a reduction in the next couple of months once again...
1.30pm in the night.. I think I have interacted with a few guys on this forum before around the same time... Was watching the el-classico and getting frustrated with the way barcelona was playing so thought let me see what is happening on traderji... Surprised to see so many guys on it on a saturday night...
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