Zerodha shares our trading SL with operators

Trading
22

Sir … I respect ur reply … Its not about login in to my account. …its all about what order i place on zerodha…and do they provide our SL details to operators …so that they can make money and we loose money.that’s it sir. Many cases has happened like this and u can find many threads on it. I may be one of the victim …or it may be my bad luck and bad analysis. Don’t get offended.

23

Where can I see them?

24

I can only laugh at this situation. Sorry . :slight_smile:

Since you have been trading for so long , you should know that institutions hunt for Stop losses.

Z is not some bucket shop where they will hunt your SL.

If you still believe Z is hunting your SL, why don’t you trade with another broker and see if your SL are getting hit.

Put on the same trade on both brokers and see if your SL are hit , then you can conclusively prove if Z is hunting your SL.

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25

Put your stoploss a little wide. Put it below the level you think others have also placed their stoploss orders like putting it little much lower than the swing low or little much lower than the ATR or whatever techniques you use. And pls don’t place order in whole number place it in decimal.

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26

Your SL is too close and PNB was very volatile.

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27

So you are telling, an operator sitting with a Nokia 1100 somewhere in Indore managed to manipulate SBI(M. Cap of 1,03,447.40 Crores)?

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28

Dear abhishek,
Regarding the SL i replied to the same concern as yours earlier.Pl keep in mind that SL decision is not that easy, we can only perfect to some extent.

  1. SL should not be too small (in pnb it was 2 only when it was too volatile).
    2.SL Should be calculated according to timeframe one is trading and importantly shd follow some setup.
    3.Placing Sl for random trades is near to impossible.
    If you want more ideas on SL , can contact me (9840946959) as it’s not possible to mention all as it so be too lenghty.I hope you will agree.
    Regards
29

@Abhishek_Kumar_Giri
Earlier I also asked similar Question

But now I have got the answer.
So trading successfully :slight_smile:

30

PNB was so volatile in last 3 days it could have hit SL at 3% levels with ease. When you are fishing in a very volatile share it is all about patience and deep pockets to take losses in case the price goes opposite. Tech analysis and SLs don’t work in such situations. Had you held the ground you would have minted money and that is the beauty of such volatile markets. For that matter take any stock since last 3 days, you will find that it was moving both ways and would have eaten SLs on both sides.

31

Regarding Calls:
I used to get 4-5 calls a day. It is very simple for them.

  1. Just monitor the market - Nifty, Stocks_in_news etc.
  2. Once the volatility increases, and many people get out of the trade due to SL, start calling.
    3.“Sir, Loss kiya ki nai??? :blush:…:face_with_hand_over_mouth: humko sab pata hai!!!”
  3. As 95% retail make loss at EOD, high chance that they will hit the soft right spot.
    You get conned.
32

LOL :smiley: :smiley:

33

Not LOL anymore
Its LLRC now

34

@Abhishek_Kumar_Giri
if you still fill that you are being cheated, just request Broker to migrate you to NOW.
Your orders will directly be managed by Dotex, which is NSE subsidiary.
@nithin Am I right?

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35

this is one of the most absurd topics i ever came across in any trading forum :smile:

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37

You should use LLRC. It’s more trendy now-a-days

38

Pl move this post to humor thread.

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39

NOW platform is managed by Dotex which is a subsidiary business of NSE. Every order before it hits the exchange has to go through an execution management system. No other way possible. For NOW the EMS is managed by Dotex.

Btw, remembered this from an article I had read

People like to pretend that they hold themselves accountable but, truthfully, it’s a trait that’s sorely lacking in our society today in almost every walk of life. Perhaps nowhere else will you find people blaming others more for their problems then in the stock market.

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40

I can understand what it means to get SL hit consecutively… Here’s a theory… As soon as the small qty (retail) orders get executed, super computers at big guys start tracking follow up orders appearing on the DOM. Unless your SL is hidden behind another big boy’s big order, it would get consumed. Now, the next question is how to find that price to hide behind. That would be mostly a S/R level.

Cheers!

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42

Do you think your small orders are a matter to the market operators, and even if they share do you think
that they want only to make your sl to hit and go back,
just before day trading we (traders) need to understand the market dynamics which plays a vital role in the profit, If continuously sl is being hit and closed in profit when no sl placed means you need to revise your sl strategy which is not tuned to the market conditions,
not only zerodha any big player doestnt sell if they do so they loose license or even big fines are attracted .

1 Like
43

May be you are not keeping stops correctly. I know a day trader who shorted PNB Futures from 151, his trailing SL only got hit in last half an hour yesterday. If you like keeping tight stops, I can only say that you should do so post 1pm, before that have wider SLs. Hope this helps. Blaming @nithin in this context is not fair.