Zerodha - Number One Discount Broker in India
- Thread starter Traderji
- Start date
I am not saying it for all scrips .For example , for scrips below Rs.100 the range will be around two rupees and a daytrader can catch only 60 paisa to one rupee.
So a 2 point or 4 point trailing SL can save his capital especially if it is a Futures poistion .It will make a big difference to his trading .
But for all other scrips like above Rs.300 a 20 point move is ok because the range will be bigger .i.e 6-7 rupees.
Consider something like this : Trailing SL 2 % of the Scrips' LTP or 20 points whichever is lower ( rounded to nearest tick move say 5 paisa ) .
What you are saying is right for Nifty or big volume scrips the 4 point is too much to handle . What I am suggesting is based on scrip's price.
This way you can minimise the load , and save client's capital - I hope , that is ultimate purpose of introducing Bracket order .
Thanks again .
So a 2 point or 4 point trailing SL can save his capital especially if it is a Futures poistion .It will make a big difference to his trading .
But for all other scrips like above Rs.300 a 20 point move is ok because the range will be bigger .i.e 6-7 rupees.
Consider something like this : Trailing SL 2 % of the Scrips' LTP or 20 points whichever is lower ( rounded to nearest tick move say 5 paisa ) .
What you are saying is right for Nifty or big volume scrips the 4 point is too much to handle . What I am suggesting is based on scrip's price.
This way you can minimise the load , and save client's capital - I hope , that is ultimate purpose of introducing Bracket order .
Thanks again .
Zerodha is so slow with everything. Maybe this is the case with all indian companies. They said that they will be launching but then when the time comes to deliver they don't even reply. I don't get it. There are millions of posts filled with customer complaints.
If you look at ICICI and Kotak, there will hardly be any such issues.
Best of luck Zerodha. Hope your platform will be excellent for us. We are waiting with full energy.
If you look at ICICI and Kotak, there will hardly be any such issues.
Best of luck Zerodha. Hope your platform will be excellent for us. We are waiting with full energy.
Actually they are not obliged to answer the complaints here. Their email support is excellent. The customers with grievance should first try mailing the problems to [email protected], and if satisfaction not received, then post the complaint here.
Personally, I have found that their support through email or phone is excellent and timely.
Personally, I have found that their support through email or phone is excellent and timely.
