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soft_trader

Well-Known Member
Guys, finally another good news... We just received SEBI certificates for BSE...
Does that mean BSE will be up and running within MAY end?
You have said before that BSE F&O will be available for trading, does that means SENSEX Futures can be traded ?
 
Hi,

I have been trading with Icici direct for last three years, AND I have paid a brokerage of around 80,000 (conservative) till now. I do have a Zerodha account. But have never used it.

Now I intend to start using it. so need help from ur side.

I have a Icici bank internet banking, can i transfer money direct to Zerodha trading account, or I need to send a cheque.

Also whenever I click on back office login link I get a blank page urging to use i.e
However internet exp browser also gives a blank link. Pls help

Nirbhay Dixit
 

vikrit

Well-Known Member
Zerodha 60-day Challenge.......
Message from Nithin:

Dear Friends,
...............
The Zerodha 60 day Challenge is our way of trying to give you an advantage,bring back the fun in trading and also give you an added motivation to be profitable.

When I first thought about the 60 day Challenge, the question that was asked by my team was, how will Zerodha make profits?

We are a low cost broking firm and true to our business model we have very low operational cost.
.................
We need your support to keep this offer forever. We expect that the new business that will come through because of this offer will make up for any revenue drawdown. ...................
...........
The idea with the 60 day challenge, is to actually let you trade unlimited for free... ;)... Can't really beat a zero right??? ... If the response is good, we will keep this forever..
Shekar,

By response is good, I meant more people joining the system...

As far as survival, guys!! our operational costs are really low and even if 80% of you are making profits, we will still be profitable...

But the idea is to keep you all happy!!! ;)
...
A lot of cases in the winners were those of doing a few trades and switching accounts as soon as they are in the money..

When we started the challenge, the number we thought will be around 10-12% at the max.. This is the real number, if not for a lot of the people trying to use shortcuts.... A lot of money seems to have been made on the fall, a lot of them turned positive after the fall...
Dear Zerodha Team,

Contradictory statements and creating illusions for the sake of marketing can't help any organizations, in fact it can be suicidal.

It is good to feel that an organization/businessman is consumer's side, but it is fact bottom line matters more than anything. And for short term anybody can work at cost but in long run every businessman wants GOOD profit, that is the main reason he is taking so much risk and pain to start & run the business at first place.

It is understandable if you are not happy with results in respect of profits, except at start you mentioned you just care about operational cost, so why now you are upset for profits?

At start you did not bother if 80% will be in profit, now 22% is big numbers. in fact you wanted everybody will be able to trade brokerage free.

Again and again you are talking about multiple a/cs, but IMO they didn't break any rules you made. It is difficult to digest once you claimed 80% winners will not be a problem and now you are so upset b/c of these 10% traders. Tell me one thing, did you checked their combined balance? combined balance of all a/cs for same address is not even 1rs positive??

As anybody who able to add 1rs, will win the challenge; so basically you were expecting/hoping that more than 85% people will not be able to add even 1 Rs. to their balance in 60 days????
(now getting why you are increasing no. of days.;))

BUT How come you were expecting 10-12% max winning result, when your average monthly profitable traders were 20-25% in back-testing??:confused:

As N trader put it rightly, we overestimate the number of loosers... We had done random backtesting on various months and figured out that almost 20 to 25% are positive at times.. .....................

Just a thought came, till when you have these type of challenges with 'these type' expectations, you will not take risk to provide tools/strategies/webinars/videos to make more traders profitable, as it is a conflict of interest. Now have doubt about NEST PLUS advanced tools/tactics you talked about, b/c either they are not good or you didn't back-test them.

.
 
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megapixel

Well-Known Member
Zerodha,

I'm not comfortable using margin and leverage in equity day trading ( cash market). Can you please clarify the doubt below ?

I wish to BUY ABB and ABAN equity using margin and leverage.

current market price of ABB = 710 Rs
current market price of ABAN = 376.10 Rs
(source: moneycontrol.com)

In your website margin for ABB and ABAN equity is..



My question :
If I have 2500 Rs in Trading Account , How many ABB and ABAN I can BUY ?

Please show me the calculation part. I find it hard because I plan to buy multiple shares using margin and leverage.
 
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Seems like Vikrit has dug really deep and spent a long time on it :thumb:

All in all, let's say - The honeymoon is over and the sheen is off.

Now, how about a scheme based on regularity of trading ?? Say, for next 60 trading sessions, all those who trade on at least 80% of the days get 50% brokerage off, or some incentive ?? Something like that, generate more number of regular traders.
Dear Zerodha Team,

Contradictory statements and creating illusions for the sake of marketing can't help any organizations, in fact it can be suicidal.

It is good to feel that an organization/businessman is consumer's side, but it is fact bottom line matters more than anything. And for short term anybody can work at cost but in long run every businessman wants GOOD profit, that is the main reason he is taking so much risk and pain to start & run the business at first place.

It is understandable if you are not happy with results in respect of profits, except at start you mentioned you just care about operational cost, so why now you are upset for profits?

At start you did not bother if 80% will be in profit, now 22% is big numbers. in fact you wanted everybody will be able to trade brokerage free.

Again and again you are talking about multiple a/cs, but IMO they didn't break any rules you made. It is difficult to digest once you claimed 80% winners will not be a problem and now you are so upset b/c of these 10% traders. Tell me one thing, did you checked their combined balance? combined balance of all a/cs for same address is not even 1rs positive??

As anybody who able to add 1rs, will win the challenge; so basically you were expecting/hoping that more than 85% people will not be able to add even 1 Rs. to their balance in 60 days????
(now getting why you are increasing no. of days.;))

BUT How come you were expecting 10-12% max winning result, when your average monthly profitable traders were 20-25% in back-testing??:confused:




Just a thought came, till when you have these type of challenges with 'these type' expectations, you will not take risk to provide tools/strategies/webinars/videos to make more traders profitable, as it is a conflict of interest. Now have doubt about NEST PLUS advanced tools/tactics you talked about, b/c either they are not good or you didn't back-test them.

.
 
Seems like Vikrit has dug really deep and spent a long time on it :thumb:

All in all, let's say - The honeymoon is over and the sheen is off.

Now, how about a scheme based on regularity of trading ?? Say, for next 60 trading sessions, all those who trade on at least 80% of the days get 50% brokerage off, or some incentive ?? Something like that, generate more number of regular traders.
But why do we want to beg for incentives?
Lets concentrate on trading.
 

TheDreamer

Well-Known Member
Dear Zerodha Team,

Contradictory statements and creating illusions for the sake of marketing can't help any organizations, in fact it can be suicidal.

It is good to feel that an organization/businessman is consumer's side, but it is fact bottom line matters more than anything. And for short term anybody can work at cost but in long run every businessman wants GOOD profit, that is the main reason he is taking so much risk and pain to start & run the business at first place.

It is understandable if you are not happy with results in respect of profits, except at start you mentioned you just care about operational cost, so why now you are upset for profits?

At start you did not bother if 80% will be in profit, now 22% is big numbers. in fact you wanted everybody will be able to trade brokerage free.

Again and again you are talking about multiple a/cs, but IMO they didn't break any rules you made. It is difficult to digest once you claimed 80% winners will not be a problem and now you are so upset b/c of these 10% traders. Tell me one thing, did you checked their combined balance? combined balance of all a/cs for same address is not even 1rs positive??

As anybody who able to add 1rs, will win the challenge; so basically you were expecting/hoping that more than 85% people will not be able to add even 1 Rs. to their balance in 60 days????
(now getting why you are increasing no. of days.;))

BUT How come you were expecting 10-12% max winning result, when your average monthly profitable traders were 20-25% in back-testing??:confused:




Just a thought came, till when you have these type of challenges with 'these type' expectations, you will not take risk to provide tools/strategies/webinars/videos to make more traders profitable, as it is a conflict of interest. Now have doubt about NEST PLUS advanced tools/tactics you talked about, b/c either they are not good or you didn't back-test them.

.

Good job man!!! :thumb: you have dug really deep to unearth the discrepancies in the statements of Sachin/Zerodha... I also found that the data pre-challenge & post-challenge were quite off the mark but didn't have the time to point them out...
 
But why do we want to beg for incentives?
Lets concentrate on trading.
Customers always ask for more discounts and the vendors are always coming up with new schemes. It's a symbiotic relationship.
 
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