Requires a bunch of changes in the backend. Not on our priority list as of now.
Could you please guide me here. I am quite in a confused state here
Please guide me if I am planning to do the following things :
-
If my parents are providing me 5 lakh rupees for trading, I trade in F&O and Stocks and share the profit percentage with them, is that illegal ? ( I read from a site that money provided by parents are ok. Kindly correct me if I am wrong)
-
If 5 of my friends are providing me with 5 lakhs for trading and I need to trade with that money legally and share profit percentage with them annually, what all procedures should I need to undergo, what license should I take ?
-
If 5 of my relatives are providing me with 5 lakhs for trading and I need to trade with that money legally and share profit percentage with them annually, what all procedures should I need to undergo, what license should I take ?
-
If all the above cannot be done legally, is there any way to pool money from others and trade in the markets legally ?
As my collected pool of money is less, I guess I canāt start an AMC, PMS, AIF etc. Many people known to me are persuading me to trade with their money. Sorry to bother you Sir.
Sorry for stealing your valuable time with my silly questions and thank you in advance for the reply
Hello Sir,
Is there any way for us to check %CAGR on our yearly investment & amount invested thorough the year. Personally I would like to have this. To compare, is my performance is doing better or going mutual fund route is better.
Thanking you in advance.
Yeah, this is kind of okay. No regulation that can block you taking money from immediate family.
There is no legal way to do this.
No legal way to do this
No there isnāt. That is what we have discussed in detail in the post.
We are working on launching an equity curve on Console, with which you can.
@nithin can a pvt ltd Co issue preference shares after receiving investments, and use the funds to trade as prop desk ?
Sir, will this % CAGR include several amount addition and withdrawal?
any plans for having an inbuilt trading journal withing kite Terminal? would be really helpful for self-reflection.
No. Any pooling of money for the purpose of investing or trading the markets comes under collective investment scheme and is an issue. This is apart from the NBFC requirement.
The way we are doing this is everyday we will calculate the % return on the capital in the account on that day (cash + holding value). Plot the daily % changes on a starting day NAV and then plot the curve. Will work exactly like how MF NAV is calculated.
Have you checked out the Tagging feature?
Hi @nithin
Why Zerodha kite app is not seeing any major update recently.
I see competitive brokers updated their app/web platform to new modern level for easiness and feature richness.
I see zerodha kite is falling behind them 1-2years .
#1. Native Options chain.
#2. add to watch list on script page/options chain strike page.
#3. add to basket on script page/options chain strike page.
#4. changing the strike price on the open order modification page
#5. Changing the strike direction PE/CE in open order modification page.
#6. Switching to BSE/NSE in the Order placing window.
#7. Also allowing Sensibull like 3rd party Option chains. But zerodha donāt have native OC. only relying on 3rd party OC.
Is there any plans to add new features and update the web/app platform to fight with competitive brokers.
Thank you sir for clarification.
Many changes are happening in the backend. The foremost requirement for a trading app is stability, speed, etc. Our focus has been that, and we are also working on launching our order management and risk management system. Once done, we can add many new order types and features.
The ones you have pointed out seem more like small UI changes (other than option chain). @MohammedFaisal, can you check these?
can partnership firm take loan to trade FNO ? from partners or bank ?
Thanks for the clarification.
In the name of improvement, I hope zerodha donāt spoil existing features.
Fyers removed 100% margin for intraday option selling and started demanding 50:50 cash collateral. So I moved to zerodha recently.
I like speed and features except the ones i mentioned in prev thread.
Please maintain 100% margin for intraday. Dont remove that.
I think there should be no issue. But it is best to consult with a CA on this.
But unsolicited advice would be not to trade FO with borrowed money. It doesnāt work well for most people.
#2. add to watch list on script page/options chain strike page.
You can already add to watch list from options chain page. Click on strike price and then press the ā+ā button next to buy and sell.
I would like to ask Nikhil Kamath sir a few questions:
1.) What challenges did you face and what did you learn while scaling your trading capital from almost nothing to hundreds of crores now? How different is your trading style now with such a huge capital? (I am interested in the technical details, such as how you learned to handle slippage and other factors).
2.) Since most of your wealth comes from Zerodha, why do you still trade? Even when you went to the White House, you traded at night. Do you make a significant return from trading or do you just trade for fun? If you make a significant return, how do you do it? Is it because of True Beacon? I mean, your net worth is more than a billion dollars. But you donāt have even half of that in your bank account, so even if you make a 30% return annually, it does not add much to your overall net worth, just to your liquid cash. Is it worth your time?
I made a lot of assumptions in my second question. Please forgive me if I made a mistake.
Question to Nikhil:
Given your portfolio titled towards gold and still gold is not performing as was expected, what makes you increase more allocation to gold?
And also you are sitting on top of billion $, so it might make sense for you, but what is your suggestion to the middle age investors given every day SIP infusion into equity market from NPS, EPFO and DII keep taking market higher or providing a cushion (even when FII pulled out market was stable).
Financial planner are hell bent on 60:40 debt equity, but amid such high valuation and high debt to gdp situation all over the world how to navigate capital marketā¦