Zerodha....

[soft_trader]

Re: Please make Nest more user friendly.

Bracket Order would save us from double margin blocking for dual order (target & stoploss) that is also a big advantage. But it completely depends on NSE, Zerodha can't do anything as of now.

No, Dual order doesn't blocks dual margin. Only single margin required.

 

[sumosanammain]

Re: Please make Nest more user friendly.

No, Dual order doesn't blocks dual margin. Only single margin required.

False.
Only stop loss does not block margin.
The order to take profits does.

Or vice versa, if you enter a profit taking order, that requires no block of margin, and then the sl order requires.

In bracket order, I THINK ( key word here ) if the order for sl is sl-m then dual blocking may not happen.

But hey, what is not possible, is not discussable right?

BTW, what time is the flight to the moon? Will I reach before market closes?

 

[soft_trader]

Re: Please make Nest more user friendly.

False.
Only stop loss does not block margin.
The order to take profits does.

What false???

Try it out yourself. Except options, all other segment requires only single margin for manual bracket orders.

First try then point your finger.

 

[pdeoghare]

Hi,

I am new to Zerodha.
Can anyone please let me know how to place a limit order above market price.
For example a stock is trading at Rs 8-9 and I want to buy only if it comes out of the range. Say I want to place a buy at 10. How do I do this in Zerodha.

- Pallavi

 

[Zerodha]

So Zerodha can call us all as sub-sub-brokers and open up these facilities, maybe.

We have that on our mind for the future when we start giving out automated trading products.. We would make you an authorized person(similar to sub-broker) as per NSE, give you a dealer terminal and access to a lot of automated trading products.. Again, this would be given to only those who want, there would be additional costs in running a dealer terminal and algo strategies...

 

[soft_trader]

Hi,

I am new to Zerodha.
Can anyone please let me know how to place a limit order above market price.
For example a stock is trading at Rs 8-9 and I want to buy only if it comes out of the range. Say I want to place a buy at 10. How do I do this in Zerodha.

- Pallavi

Yes it is possible. Place a SL Buy order with a limit price of 10 and with a trigger price just below it.

 

[GTji]

We have that on our mind for the future when we start giving out automated trading products.. We would make you an authorized person(similar to sub-broker) as per NSE, give you a dealer terminal and access to a lot of automated trading products.. Again, this would be given to only those who want, there would be additional costs in running a dealer terminal and algo strategies...

Can you give us an approximate idea as to to the kind of cost involved for a retail trader for the above?

 

[Trader J]

I wonder what's the reason for NSE to not allow bracket orders? Sachin will know.

Theyallow cover order, it also good. The order contain SL order in it self, and this facility available in Nest

 

[megapixel]

Yes it is possible. Place a SL Buy order with a limit price of 10 and with a trigger price just below it.

@pdeoghare,

soft_trader has already explained to your query.....I'm just adding an example to illustrate this further....

Limit Order :

Buying lower than CMP or Selling higher than CMP. No Trigger is required.

For ex, to Buy @ 105 when CMP is 110, just put limit @ 105.
To Sell @ 115 when CMP is 110, put limit @ 115


StopLoss Order :

Buying higher than CMP or Selling lower than CMP.

For ex, to Buy @ 115 when CMP is 110, put limit @ 115, Trigger @ 114.50.
To Sell @ 105 when CMP is 110, put limit @ 105, Trigger @ 105.50.

Hope that helps.

 

[megapixel]

Theyallow cover order, it also good. The order contain SL order in it self, and this facility available in Nest

Brother, I think ..its BSE allowing cover order for retail traders....not NSE.

We had a discussion sometimes back by one of the fellow trader here.

http://www.traderji.com/brokers-trading-platforms/47790-zerodha-821.html#post677989