Zerodha....

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trader.trends

Well-Known Member
#4,093
#4,093
murthyavr said:
Can someone please explain the differences among:

-Limit Order

Buy and sell at a fixed price. If NF trading at 4950 and you want to buy at price less than the mkt price say 4940, then you punch in limit order. Same way if you want to sell at a price highet than the LTP, you punch in limit sell order: Sell at 4960. Limit orders will ensure that you trade at the price that you want or at a price more beneficial to you.

-SL Order
To be used under two circumstances
You already have bought NF at 4950. You want to lose no more than 10 points on that, then you punch in SL order
Sell NF at 4949 (limit price) with trigger at 4950. When a trade occurs at 4950 your order is released into the system and it gets sold between 4949 and 4950 or even higher if the mkt just shoots up after hitting 4950.

Suppose you want to open a fresh shorting position, then also you use the SL order. If you want to short below 4940. Sell at 4939, trigger price is 4940. As soon as 4940 is traded your order is released in the market and sells between 4940 and 4939.

-SL-M Order
This is same as the SL order with the essential difference that you only specify the trigger price and the order gets executed at market price. It can again be used either to square an existing position or open a new one both long and short.

in NSE Now software?

Thanks..
Click to expand...
I hope that clarifies.
 
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s011y

Member
#4,095
#4,095
Due to NOW software Glitch, faced some losses.

Just for everyone sake if you face such problem in future what you should do.

Prob:- Yesterday sold 1 nifty lot. Kept the position overnight
Today in morning Covered the position and went on to do my work.
After some time when i saw the "NET POSITIONS" it is showing me that my position was open. So again i squared it off. But again i am able to see the position in "ADMIN POSITIONS" (Not in NET POSiTION now). So Squared it off from there also. Again seen NET POSITION i am able to see open position there.

Solution:- Got confused totally so called ZERODA. They told me to Reconcile of log off and login again. Done that and everything come back to normal. Lost some 300+ in this process.

Hope this will help you when you face similar prob.
 
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Punter786

Banned
#4,097
#4,097
Dear Zerodha,

**What is the minimum fund/money requirement to trade in one lot of either Nifty, MiniNifty and Stocks Calls and Puts Option with you?

**How to withdraw the fund from NSE Now?

**Does Zerodha have any plan to offer trading in S&P Options and in Commodity trading in India in near future? If yes then how the old customers of yours will be able to trade in S&P Options and commodities as the forms/option for these services were not available when they open the account with you? Will you give these services to them automatically whenever you offer this?

**What time you take to open a trading and demat account? Can I expect to get 'both' these accounts opened within a week? What should I do if this doesn't happened?

**Can I change the brokerage plan? If yes then can how many times and at what time?

Thanks
 
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vijayrathod2006

New Member
#4,099
#4,099
Hey Sachin / Zerodha.. its been a long time.. i am one of the delighted customers of Zerodha.. its been a great time with you guys.. I had a quick question for you, i am in US right now and planning to buy an iphone, can i trade through iphone with zerodha?? if the answer is yes!! then i might just end up increasing apple's revenue by $500 :clap:.. waiting for your reply...
 
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rahul23

New Member
#4,100
#4,100
Hello All

I started trading options from two weeks using icicidirect. In this period i paid more than Rs 5,000 brokerage to them. I am a beginner, usually deal with 1 lot. So i am planning to move to Zerodha. I would like to know few things from Zerodha users.

1. Are there any charges for account opening or maintenance or any other. If there are any how much?

2. Is their site for trading is fast and user friendly like icicidirect?

3. How much time it takes to Transfer or withdraw funds to/from their account. Can i use any bank to do the same.

Anyones Help is highly appreciable :)

Thanks.
 
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