Hai guys,
Gud day, Am again a newbie into trading who is learning lessons one after the other by taking good blows from market...
But ya, its always this way for me in everything
.
Anyway, am jus using the canmoney platform from canara bank. i opened with them considering to start with a public sector rather a private broker. Anyway, now am finding things difficult on top of knowing other brokers provide gud options than this . Plz check the rates & suggest me a better one.
NAME : INTRADAY : Delivery : Square off : Exposure (no of times)
Canmoney : 0.05 : 0.35 : 3:00 : 5
(the rest below are my information gathered)
CD equities : 0.025 : 0.25 : 3:20 : 12/10 ( on negotiation)
Religare-odin: 0.025 : 0.25 : 3:30 : 15-20 ( on negotiation)
Religare-race: no idea :no idea : 3:30 : 12/10 ( on negotiation)
Geojit : 0.03 : 0.3 : 3:10 : 12/8
Sharekhan : ---------( NO IDEA )----INTERESTED TO KNOW---
Angel :---------( NO IDEA )----INTERESTED TO KNOW---
Ventura :---------( NO IDEA )----INTERESTED TO KNOW---
Zerodha : ---------( have some IDEA )----INTERESTED TO KNOW MORE---HEARD ITS ECONOMICAL
OK so buddies, the problem for me with the one am using now ( canmoney) is the square off time..all my guesses come out true only after 3 :00pm & so loosing so much bcz of 3:00pm square off.even 3-5 mins would change my fate at end & the brokerage is high (moderate comapred to icici,HDFC ) compared to other private broker. And the exposure is very low.
As far as software:
canmoney web based ( looks gud ) ,
GEOJIT software is great.
ODIN : fine but not that gud with the black backgroud.
My requirement :
1.Definitely above 3 :15 square off on intraday. beaten up so badly bcz of this :annoyed:
2.brokerage :
atleast 0.025% & 0.25% (each side )
3.Exposure : atleast 12-15time
4.software : not specific , may be will adjust with time ( but geojit is gud )
5.
MOST IMPORTANTLY THE SWING FACILITY WITH GEOJIT IS COOL . THAT IS TO MAINTAIN INTRDAY POSITION FOR 7 calender days ( 5 normal trading days on a normal week).
So plz can someone tell me a gud broker to deal with here....with my requirement....srry to make it big...jus wanted to make sure...all other newbies too get benifited with experienced frnds advising each of these part.
I dont know anything more than equities...so i havnt bothered abt the other brokerages like F&O, currencies & others...
Plz reply with some useful suggestions so that i could make use of it.
Thnk u & regards.