Hi Friends
If you are thinking of using Icicidirect for trading or opting to open an account with ICICI, pls read the below before taking a decision
I wanted to share with the forum a very bad experience that I had with ICICIDIRECT today. I opened a short position on RNRL at 57.55 (with a stop loss of 59) at around 1 PM. The share price reached 57.30 and I opted book the profits. Unfortunately action was not completed as the screen just hung up and after some time got a message saying it cannot proceed due to techinical error. In the meantime the price further fell to 57.10 (1.20 Pm) and still i was unable book the profits. The price moved up and stop loss was trigerred (1.26 PM) forcing me to book loss.
Couple of things I do not understand here. When I tried to exit the position the order was not executed but how did the stop loss order get trigerred and get executed
With a High brokerage charges and very bad trading platorm (icicidirect) it is really impossible to make decent gains in trading using icicidirect
Can anyone advice if any action can be taken against ICICI or how I can get this grivience across to ICICI folks
Cheers
Ramesh
If you are thinking of using Icicidirect for trading or opting to open an account with ICICI, pls read the below before taking a decision
I wanted to share with the forum a very bad experience that I had with ICICIDIRECT today. I opened a short position on RNRL at 57.55 (with a stop loss of 59) at around 1 PM. The share price reached 57.30 and I opted book the profits. Unfortunately action was not completed as the screen just hung up and after some time got a message saying it cannot proceed due to techinical error. In the meantime the price further fell to 57.10 (1.20 Pm) and still i was unable book the profits. The price moved up and stop loss was trigerred (1.26 PM) forcing me to book loss.
Couple of things I do not understand here. When I tried to exit the position the order was not executed but how did the stop loss order get trigerred and get executed
With a High brokerage charges and very bad trading platorm (icicidirect) it is really impossible to make decent gains in trading using icicidirect
Can anyone advice if any action can be taken against ICICI or how I can get this grivience across to ICICI folks
Cheers
Ramesh