nithin
August 21, 2019, 3:25pm
2
Karan23:
what assurance could we get that Zerodha or any broker won’t steal your trading strategy and trade it or sell it to someone else?
They have access to our trading history and order book , so they know exactly where our entries and stop loss orders are.
I have been using Zerodha for a couple of years now and have nothing but good to say about it
but till now i have been following more of a discretionary method so there was no issue but recently I have shifted on to algos.
and given access to one’s trading history it will be easy to identify the algo parameters.
Would be extremely grateful for insights on this matter,
Thank you.
I have answered this before, check this thread and all my answers
Most convincing guess is that someone in franchise office or head office, having access to your trade, individually or in consent with the boss, places a counter trade. Now this cannot be general policy because scam will be exposed very soon, but filters down to those trades only where crooked has strong counter view and specific trader, in their view, is new and not aware of rules. What happens next. If trader looses, crook profits and vice versa. when crook looses it denies trader the delivery…
Btw, it is impossible to figure what anyone’s strategy is from just trade history. There are infinite number of permutation and combinations possible that can lead to a trade.
4 Likes