Zerodha....

[terry1234]

Just calculate the brokerage of Sh__Khan, if your brokerage going 5 to 10 times more than Zerodha or RKSV (For eg 5k or 10K than 2K) per month, than better you purchase one more laptop and run any free broker software for charting , the cost will recover in six months, and you need one extra internet connection for Rs 300 pe rmonth, and this connection will work as backup also.

I think we dont have to force (or Expect from) Zerodha or RKSV to change there plan, instead we can choose our broker as per our requirement.

I hope more company will come with attractive offer in future.

Pl clarify, how you have assumed that brokerage going 5 to 10 times more than Zerodha or RKSV by trading with sharekhan at .01% or .015% if you are trading 2-3 lot daily.

 

[Trader J]

Pl clarify, how you have assumed that brokerage going 5 to 10 times more than Zerodha or RKSV by trading with sharekhan at .01% or .015% if you are trading 2-3 lot daily.

I said, Calculate your brkerage, and I Put "IF", If you are a high ( cmpare to)volume trader, than only you can save in Zerdha and RKSV than others

 

[Zerodha]

today placed SL-M BUY order at 13.45 at 9280 in bank nifty.at 13.53 the order was triggerred when the value is 17 points below...this is happening often to me..pl help and clarify....

http://imageshack.us/photo/my-images/155/12543781.png/

This keeps happening because you are trading bank nifty which doesn't have as much liquidity as nifty...

When a SL-M order is placed with trigger at 9280, basically means that as soon as the price of bank nifty came to 9280(not exactly 9280, any price below 9280), triggers your buy order..

As soon as this happens a buying market order hits the system and buys you a lot of bank nifty based on the market price then... This could be lower or higher, bank nifty would be bought at whatever is the market price then...

If you use a SL-L instead, when the trigger is hit, the order will go as a limit order.. The problem with this is it may not get executed and go pending..

There is nothing that can be done about the execution risk, both of them have advantage and disadvantages...

In my personal opinion, always better to use SL-M. You need Stop loss to get executed when there is a big move coming against you..

 

[kumudhan]

..............................

 

[terry1234]

I said, Calculate your brkerage, and I Put "IF", If you are a high ( cmpare to)volume trader, than only you can save in Zerdha and RKSV than others

Sir, for ex if one is buying 10lots of nifty at 5000 & selling 10 lots of nifty at 5000 then
a) at zerodha total charges will be Rs 800 ( need to trade in single order)
b) at Rkg total charges will be Rs 925 ( can trade at your convenience)
c) at sharekahn (.01%) total charges will be Rs 1110 ( can trade at your convenience) plus trade tiger charting software free. ( In no case total charges going to be five or six times)
End of the day,It is choice of individual , trade 10 lots in single order (risk will be enormous ), Of course you can save Rs 300 as brokerage.

 

[gunavadhi]

This keeps happening because you are trading bank nifty which doesn't have as much liquidity as nifty...

When a SL-M order is placed with trigger at 9280, basically means that as soon as the price of bank nifty came to 9280(not exactly 9280, any price below 9280), triggers your buy order..

As soon as this happens a buying market order hits the system and buys you a lot of bank nifty based on the market price then... This could be lower or higher, bank nifty would be bought at whatever is the market price then...

If you use a SL-L instead, when the trigger is hit, the order will go as a limit order.. The problem with this is it may not get executed and go pending..

There is nothing that can be done about the execution risk, both of them have advantage and disadvantages...

In my personal opinion, always better to use SL-M. You need Stop loss to get executed when there is a big move coming against you..

i think you not understood my problem. the order was placed at 1.48 p.m and was executed at 1.53 p.m and trigger price is 9280.but at this time price was not went to 9280.all these time the high is 9267.75.then how the order with trigger price 9280 got triggered?

 

[pakatil]

Every unimaginable things happen at NSE. It has happened to me couple of times. Orders getting executing beyond days range. Luckily, on both occassions, I am benefitted.

 

[shekarj]

That's why u should always place limit orders.

 

[GTji]

That's why u should always place limit orders.

You don't understand, his order would still have gotten triggered whether it was a limit order or a market order. This happens sometimes because even if the price does not show on the charts or on the terminal, some trades do happen on the exchange beyond the high and low range probably very fleetingly and so fast that the tick does not get recorded in our terminals, but you can verify the trades happened. Go to NSE site and verify whether your trades really took place or not, by giving your order number and trade number.

 

[pakatil]

You don't understand, his order would still have gotten triggered whether it was a limit order or a market order. This happens sometimes because even if the price does not show on the charts or on the terminal, some trades do happen on the exchange beyond the high and low range probably very fleetingly and so fast that the tick does not get recorded in our terminals, but you can verify the trades happened. Go to NSE site and verify whether your trades really took place or not, by giving your order number and trade number.

NSE publishes Bhav Copy evening. For example, Day's high according to that 9280.......and our trade got executed at 9282. I hv such experience in cash scrips couple of times.

India hai bhai, Nothing is impossible here.