Anybody Made Profit/Loss Today?

Hi,

difference between CRUDEOIL and CRUDEOIL Mini explained properly on the below link, hope it helps

Thanks,

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When they mean technical error, Does they sqaure off only for Cover orders/MIS or they do it for NRML(Delivery) as well

I am not sure about the other order types, i was on a coffee break at office and suddenly got an SMS from Zerodha and when i checked the kite on phone i was no longer holding the sell position and in loss, and surely the stock came down atleast 12 points after few minutes of the square off.

Some time, zeordha behaves pathetically. In this case yours is Cover Order, but does it also happen for the NRML
@haribabu Sir you please shed some light on the same

This happen for every Order as per my knowledge.
If your Loss will start crossing the permissible limit as per the available funds in your Trading Account You Positions will be squared off.
Every Brokerage House do this.

But Yes, You receive a systen generated mail before the square square off of your positions to add more funds to Account. If you will not add more funds to cover that loss. Positions will be squared off. Because Brokerage House will not pay for your Loss from there pocket to exchanges.

@basha. @Lets_Invest Sorry my positions are nothing to do with what @dvikhe is talking about.

All my positions are open. Zerodha does not update closing prices don’t know why? They show like that.

For Long position it will show huge profits and huge loss for shorts. Actual loss is about 20k. Still open. Hope today evening will do something to recover. Since most traders here are intraday may not know this. This is common for positional trading on Holidays.

Enjoy your Holidays :grinning:

@haribabu sir you were so bullish on the market but you are holding short positions on Nifty?

@KarthikNarayan Zerodha need to update the Proper Closing prices after market hours. but that is not happening.

Long pending issue. If we do trading multiple times in same Scrip then after market we do not know What is exact Avg Price and What the price for next Day.

Hope @nithin will address this soon.

I posted it here lighter note. Don’t Panic. There are stories of Real Big Loss trades. Yesterday I posted it. will update now.

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Recently I have faced this.

I am Sure This will be Recovered Very soon.
All the very Best. :grinning:

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@haribabu sir why dont you use PI? which is faster than kite since you are a full time trader, you can use PI right?

I was using Pi only. but after latest Update it was not working properly. So using Kite.

Also when I did API trading I need to use Kite and later stuck with Kite for now. Hope Zerodha will bring Better Platform for us.

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Usually I never cross 50% limit of my account Value. if it goes above that I quickly reduce it below 50% level within two days.

Best thing is to use only 30% max for trading from Account Value. You will get better opportunities then you need to have money in Account at that time.

If we use 30% value, then we can avoid the sqaure off as well right?

Yes. they will not Square Off. Also if you are confident about your trade will come back to profit next day then you can convert your position to NRML or Sqoff and take NRML position.

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Yes sir you are right. As a beginner I want to improve my confidence on my strategy and will surely target for swing trades in the long run.

i try to do the same thing but with 0.50 rs only but they stock didnt really hit my target it exited due to stop loss

why dont you use bracket order where the leverage is much more higher

@haribabu But in that case - if ur long makes money, u will equally lose in the short. Or you first see if ur first leg is making money and then go short in the other leg - u get some profit and is then u r delta neutral so that ur profit remains intact. I am a newbie and hence asking these questions. Hope u do not mind.
Regards,
Kallol

We do not know how market moves. So take both positions in multiple lots. You can exit one lot at a time when market going up and add one short on any reversal signal
This way we can exit at appropriate time and make money in both directions.

Need to take at least 3 lots in both directions. you can set 30 - 50 point for Exit and revers trade. This is for Nifty Only.

Yesterday I did like that only, but could not book profits on shorts side at 3.15PM. and took long. I watching Bank Nifty 24100PE at That time.
else I could have made another 5k.

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