Why aren't FNO-Equity contracts sold automatically?

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Why aren’t FNO-Equity contracts sold automatically? In case I have downed 20% margin and bought an FNO-contract, and the price of the contract falls 25%, I should be automatically sold out correct? Why isnt that happening?It was happening two-three years ago, why is it not happening now?

I was f***g fined for not having enough margin. and It bled me through the nose. Whereas my position must have been squared off in the first place, instead I paid a fine. Stop this madness. How can we set up such a thing (Please f***g dont tell me about stop-losses)

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For all such issues write to Zerodha Directly - [email protected], [email protected], [email protected], [email protected].

Alternately you can open a ticket at http://support.zerodha.com/

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Ajay Shah
You sound like zerodha support. I am highly unsatisfied with the naswer I received from them. This question is not to ask to zerodha support parrots. Bur rather to ask to other traders who face similar issue… I might change brokers if needed. I lost my whole trading account due to this nonsense crap.

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I am not from zerodha support. I was trying to help you out. When support is not able to resolve an issue, one should contact rms@zerodha and complaints@zerodha with the specific ticket numbers… I did the same when faced with this kind of issues and they got resolved quickly.
This is another forum where you might want to post you issue.

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Thanks Ajay, what kind of solution they offered to you? I just want the margin requirements to be strictly followed, these trades are stuck with me like a chewing-gum on finger, even when the margin requirements increase and the market starts to fall. I end up owing margin-fines to them. That sucks.