Zerodha is Excellent brocker
How can you save 90% on brokerages(Even 100%) with zerodha. 100% Saving on brokerages How?
How Iam making profits in NIFTY Options Call Put Intraday Trading using Zerodha Trading Account? What is my Strategy? What You need?
Zerodha presents the 60 day challenge which gives traders on equity(stocks and F&O), currency, and commodity exchanges an opportunity to put their trading skills to test. The challenge is open till 31st March 16
For same trade, same quantity, you are paying Rs 586 with major brokers,
whereas zerodha charges Rs 90 only. Check youself with automatic calculator.
How Iam doing NIFTY Options Call Put Intraday Trading? What is my Strategy? What You need?
Basic Understanding of Index options, Call Put etc.
Good PC and or Laptop with UPS(In case of power failure)
Broadband Internet/ 3G Net connection.
TV with CNBC Channel(For latest news)
Good Android smart phone with 3G Internet and required Apps.
Good Discount brokerage Account which charges you less brokerages.(Iam Using Zerodha).
After having everything set, what do you want. Most Importantly you need some tips from somewhere. Generally small investors trade on news seen on TV. They just watch CNBC or some other channel and makes their own decision to trade. But I have seen that they generally make losses with this approach. Small Investors always think that there are people inside market who can give valuable tips about doing intraday trading. After reaserching in Internet about these tips, I found that these tips do not serves the purpose.
I have subscribed for famous intraday tips for Rs 10000(Oh my god) for one month, He generally gives one tip in a day. I was trading with major brokerage with 3 in 1 account. After one month trading, what I can see is Rs 10000 for TIPS+ Rs 22500 for Brokerage+ Rs 2500 Loss= A total loss of Rs 35000.
Tips worked for only half time, so what you got is what you loose and some dynamic trading by me made 2500 loss.
I have paid Rs 22500 as brokerages(Can u believe this?).
Paid Rs 10000 for tips.
After that I have changed my plan stopped trading for a month and checked what went wrong with me? I got this
I came to know that in Intraday trading, brokerage commission will play an important role, it adds to the buying cost of a stock / future / option . If it’s high then it would be difficult for the trader to make some good profit intraday. So I have Immediately shifted to zerodha. Zerodha he charges Rs 20 each order irrespective of size of order.(Check the brockerages now with automatic calculator.)
And most importantly I have shifted to a Online web charts with automatic Buy Sell Signals. Which generates buy and sell signals in live market and its very cheap. Rs 1000 only for Equity/F&O. So I have subscribed and started trading.
Now my life has changed, I have made Rs 10500 Profit after paying brokerages of Rs 2500 only and Rs 1000 for Automatic buy sell signal.
Several times I have missed heavy profits because I have squared off early. Now I got confidence and making nice profits. 16. Zerodha Trading Account+ Online web charts with automatic Buy Sell Signals.= Profits.
Thanks and Happy trading.
I Want to Add now that(Check the Images)
See How you are loosing your hard earned money to the brocker. Now Iam happy opened account in Zerodha and saved my brockerage upto 90%. Hurray see the following example in the image. Check with Zerodha Brockerage Calculator Now yourself
I have bought Two lots(Qty-100 each lot) of nifty Call at Rs 152.43(Paid brockerage of 134.67).
Suared OFF the position at 164.83(Paid brockerage of 451.54). A total of Rs 586.11.
Now if same trade is executed in Zerodha Account, I have to pay Rs 90.07 only, Saving of Around Rs 500/- in a single transaction.
So, open Account today with Zerodha and only you enjoy your profits not others.
Unlimited free Delivery Cash Trades with Zerodha.com Other Trades Rs 20 per order Irrespective of Quantity