CONFUSING TRADERS
The default position in an order is buy. However when a short position though squared off, when we click "ADD TO" position, it should come as SELL, NOT buy. But it defaults to buy and you go into loss.
I have tried alert systems based on simple EMA crossing. Almost none of the software worked properly.
Another issue is that of margin. When you enter the trade, margin requirement is shown and you enter accordingly. However, when you try to enter the stoploss, it rejects, saying not enough margin. Sometimes, the ridiculous situation has happened when I am not even able to enter a square off order for an option position. I had to put it on record by mailing. Then they complied.
People really should be having rhino skin to do like this, even after taking money from traders. Is Rhino the correct word?
If this situation of exploiting retail traders continues, trading volume will drastically reduce or some other disaster will happen, like the post above. It is a dog eat dog situation.
The default position in an order is buy. However when a short position though squared off, when we click "ADD TO" position, it should come as SELL, NOT buy. But it defaults to buy and you go into loss.
I have tried alert systems based on simple EMA crossing. Almost none of the software worked properly.
Another issue is that of margin. When you enter the trade, margin requirement is shown and you enter accordingly. However, when you try to enter the stoploss, it rejects, saying not enough margin. Sometimes, the ridiculous situation has happened when I am not even able to enter a square off order for an option position. I had to put it on record by mailing. Then they complied.
People really should be having rhino skin to do like this, even after taking money from traders. Is Rhino the correct word?
If this situation of exploiting retail traders continues, trading volume will drastically reduce or some other disaster will happen, like the post above. It is a dog eat dog situation.
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