Zerodha....

[comm4300]

Zerodha is still silent on AMC issues ...

Zerodha please give some update what is going on ...I hope you guys are looking into it.

This silent treatment from zerodha is annoying. Sachin had mentioned earlier in this forum that he'd get back in the evening.....which evening?. Someone this professional should atleast update about how much delay would it take for clarity/resolution.

I think zerodha will give us a surprise .... Zerodha's own Demat facility

Whenever zerodha is silent ..they come with a exciting news ...

Lets see what solution they bring for this AMC mess ..

I wish this would come true....:thumb:

 

[megapixel]

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[milkyblack]

@ ZERODHA,

When is it likely that the TO tax (NSE) which is currently at Rs 490/crore to reduce? As because of this my existing total cost of trading with my current broker is lower than yours, even though the brokerage charged by you is lesser.

TO tax to reduce I guess you need to commit certain volume to NSE, which I believe you have enough of active traders with you now to go ahead.

Another thing to add here is this, many high volume traders are refraining to trade with Zerodha, because of the high TO tax. This actually nullifies the effect of the brokerage you provide. As high volume traders are able to negotiate with other conventional brokers to negotiate the brokerage charges to very low levels.

Once you are able to reduce the TO tax charged by NSE, I am sure you will see a huge increase in your subscribers.

Hope you take my post as an encouragement and work towards it and do not get offended by any means.

All the best !

 

[Punter786]

Sachin,

I have emailed you at [email protected]. Please see it

Thanks

 

[ocil]

He may be from Sharekhan, but he is not wrong about Zerodha's platform. It is one of the reason I am still with my local broker. Perhaps he is not wrong about Sharekhan trading software either, if you go by what most traders say about it.

About brokerage and customer service, I think our Zerodha is matchless.

By the way, could the gentleman, who has first posted about Sharekhan, show us some proof about his brokerage plan? And how he managed to get that.

Has he/she committed trading volume to them or is it a standard plan for all?

And does the Sharekhan provide the so called "unbeatable" trading platform to its client for free? If they charge for it, then by how much?

What is Sharekhan's AMC, transaction charges etc.? Tell us. Then we will see.

Just to add my view i have with Sharekhan 3 years. yes there trade tiger is very good software compare to now. But the issue is speed. Most of the time i miss the buy or sell price. some time TT hang when i place the order. Yes only think i like is no auto square in Sharekhan.

 

[GTji]

Just to add my view i have with Sharekhan 3 years. yes there trade tiger is very good software compare to now. But the issue is speed. Most of the time i miss the buy or sell price. some time TT hang when i place the order. Yes only think i like is no auto square in Sharekhan.

Yes, Sharekhan TT is now getting outdated. It has good charting features, (though not excellent) but you cannot create your own indicators. It does not have auto trading, which I feel is the future of trading. Plus it is heavy on your system resources. SK's brokerage rates are exorbitantly high, (I do not know currently what their offers are, not interested either). But I am quite positive that they will come up with some reasonable offers and adapt their software to the changing scenario. Since they the infrastructure(20-30 servers) for data they should dump the current TT and come out with some light weight software with API's to connect to apps like Amibroker, Metastock, Ninja trader, Tradestation, etc. for order management and charting, scanning etc. They do have other advantages over the current discount brokers, i.e. margin against stocks, their own DP etc.

 

[mrkanitkar]

Zerodha is still silent on AMC issues ...

Zerodha please give some update what is going on ...I hope you guys are looking into it.

I think zerodha will give us a surprise .... Zerodha's own Demat facility

Whenever zerodha is silent ..they come with a exciting news ...

Lets see what solution they bring for this AMC mess ..

I think Zerodha guys are busy for the big launch of new platform which is due this weekend. They will have BSE,NSE, MCX on Zerodhatrader starting Monday. They may move people one by one on it. As stated by Sachin, Nithin, they will have everything ready by Sept. 3rd. We have to give sometime to them.

 

[atharsh]

Dear All,

I am a newbie for trading. Can any one please clarify my query on the following
order types:

LIMIT
MARKET
SL
SL-M

Please reply with some examples for above order types. This will help me and other
newbies also. I am using Nest Trader with Zerodha.

 

[milkyblack]

Dear All,

I am a newbie for trading. Can any one please clarify my query on the following
order types:

LIMIT
MARKET
SL
SL-M

Please reply with some examples for above order types. This will help me and other
newbies also. I am using Nest Trader with Zerodha.

LIMIT

You want to buy or sell at your predefined price.

Example NF trading at 5275, you want to buy it at 5270, then place limit buy at 5270, if price comes there you will get your fill.

If you want to sell at 5280, then place Limit sell at 5280, order gets filled if reaches limit price.

Market

Buy or Sell at the best offer or best bid, once order is placed. It is instantaneous.

SL - say you want to buy when market crosses 5280, then the trigger or the SL is 5280

Say you want to sell when market touches 5270, then SL or trigger is 5270.

Once trigger price is reached, you have 2 options

1. SL - Limit ... you want a fill of your interest.Like 5280 is reached, then you want to buy max at 5282. Vice versa for sell

2. SL - Market is when trigger price is reached, your order is filled at best bid or offer.

Hope it clears your query.

 

[atharsh]

Thank you for your detailed explanation. One more clarification needed.

In my first trade Bought one lot Crude oil @ 5355 and sold at @ 5350 with a loss of with a loss of Rs.650/-. (inclusive of all taxes)

In my second trade sold one lot Crude oil @ 5347 and bought at @ 5350 with a loss of with a loss of Rs.450/-. (inclusive of all taxes)

So, total loss as per my calculation will be Rs.1100/-. But in my Contract note
it was mentioned as Rs.550/-. (inclusive of all taxes).

Kindly clarify me what is the actual calculation done for above trades to enable
understand.

Thanks in advance.