I’m seeking clarification on the guidelines for product promotion. I’ve developed an automated trading journal that integrates with all the top brokers in India, including Zerodha, providing broker sync options for each. As a community member, I’ve noticed that many products are promoted with Zerodha’s permission, which is beneficial as it allows members to discover good products and deals, while also addressing any questions or concerns and receiving honest feedback.
I’ve approached Zerodha for permission via email, but they mentioned they don’t do product promotion. However, that is not the case. Could anyone clarify the procedure for obtaining such permission within the community context? The integration with Zerodha has been completed for some time, following all the required rules meticulously. I’ve always appreciated Zerodha and its team’s support for made-in-India fintech products, especially those that fulfill a need expressed by many members. In this case, it’s an automated trading journal that syncs with top brokers and is cost-effective.
Looking forward to a positive response and continuing to contribute to our community!
Hey! It’s called Trade Talez. You can go to tradetalez.com to understand more about the journal. You can sign up for waitlist. Right now we have only opened up the app to our first batch of waitlisters.
I won’t be able to share too much here as I want to adhere to the community the guidelines, until I receive the permission.
Hey Krishna! We’re just waiting on permission to promote in this community. The app is already live with Zerodha and other brokers, so no additional permissions are needed.
The broker requires a thorough review before approving integration. It took us several months to integrate with each broker, and we adhere to all security and compliance standards set by the broker and SEBI.
We are currently live for our first batch of waitlisters and will open access to our second batch by the end of the week. The public launch is in two weeks.
Price is quite high as of now! Most of us not using any journalling and trading okay till now. However, it would be nice to have something like this. I will wait till we have something like this integrated.
hi , i am also developing a whole host of algorithms for scanning, trading and trade management , is it possible to connect and explore synergies my email is [email protected]
Yes, such a product will be useful to me as I maintain a private journal for my trades and I’m not sure if there are good trading analytics software available for Indian retailers. A couple pointers -
Within one demat account, there can be multiple strategies under which trades can be taken. How will those be handled?
From the video, the product looks focused on intraday traders. For positional traders like me, how would it differ? Probably a separate video to demonstrate whether it will work for positional and how.
Let’s say I closed a trade earlier than when my system told me to. So in addition to my actual exit trade, there should be an option to log the ideal exit trade as well. This can then be plotted on chart - how following the ideal trades everytime [based on original entry / exit given by system] could have been better / worse than my actual entries / exits. Which can also lead to the calculation of an ‘Anti Portfolio’ amount in Rupees which I could have captured if followed the system perfectly.
In addition to ‘Setups’ and ‘Mistakes’ I also log [in my own excel sheet] my ‘Comments’ on a particular trade and ‘Learnings’ [if any] from a particular trade. These ‘learnings’ can be global learnings or at strategy level or at trade level. These learnings can also be marked as ‘to work upon’ and ‘already incorporated in habit’ or ‘became irrelevant’. Hope that makes sense.
A particular trading strategy [say strategy A] also keeps evolving with time wherein rules keep getting tweaked. So I also want to maintain versions 1.1, 1.2, 1.3 of strategy A; and be able to visualize different versions in the provided charts separately as well as in combination.
You will predefine all the strategies you use in the setup & management tab. Later, you’ll just need to assign them post-trade execution. In the reports, we showcase the performance of strategies for the selected demat account or all accounts. I hope that answers your question.
The product is actually designed for both intraday and swing traders. We did beta testing with 100 traders, including both types. I personally am a swing trader and use it daily. Unless your positions last longer than a year, this will work the same for intraday and swing traders. But I can surely create a video explaining how this can benefit swing or positional traders.
With journaling, we’re focusing on providing real data first, as many people aren’t used to having any data. However, your suggestion is great, and I can consider adding that feature in the future. For now, if you want to compare your real performance with your expected performance in Trade Talez, we offer a Realised RR vs. Expected RR report based on your input.
We offer notes for each trade and notes for the day.
This will again provide an expected vs. realistic profit scenario. Currently, you can add another strategy named Strategy A 1.2 and later see the performance difference between A and A 1.2 in the reports.
I urge you to sign up and get the personal tier for free. Experience it firsthand and see how you feel.
Our aim is to provide traders with a blueprint of themselves and their strategies based on their own data. It is said that experience is the greatest teacher, we are putting that wisdom in practice.
btw, I have also tried so many other tools like tradezella, tradesviz previously,
but now I’m using another product in beta and works in Zerodha - betwizr.trade - It gives me real time trading metrics with automated syncing and helps in journalling at the end of each trade then and there.
I always had the problem of journalling end of the day because I keep forgetting or just too tired, but this really solved that issue for me. And its free.
Hey! I’m not sure if this is spam from someone at @Betwizr , considering it’s a brand-new account and their first reply is on this post, promoting Betwizr. However, I’ll still entertain the comment:
We have already conducted several phases of beta testing, which were free for everyone at the time.
The main thing about journaling is that it’s like homework you don’t want to do, but you need to do. Hence, the user interface is crucial. We’ve focused on creating a simplistic and intuitive UI.
At the end of the day, you can relax, review your trades, and journal them calmly. Journaling during trading can be too distracting.
In any case, good luck to Betwizr. It surely looks solid!
