Thread by @Anirbban on Thread Reader App (2024)

I am getting scattered questions & it's not possible to answer one to one.

Also if it can be placed in one place it would be helpful.

All your "generic" questions, you can ask in this tweet in the comments section with #AskAnirban.

Save/Bookmark.

Any irrelevant tweet will lead to immediate Blocking.

To answer how limit order works, if a stock trading at 310 & I am willing to buy it at 300-302 range, I will place a trigger price at 300 and limit price at 302.

Once price touched 300, the limit order will be active for execution and if any seller stand between 300-302, my order will be filled.

But just after trigger price reached if there is no seller, order will not be executed and will wait for same condition to fill again.

There can be scenario, there are 5 such limit order placed in system and 4 seller available within 300-302 range & I become 5th buyer, then my order will not be execute.

Hope it explains.

#AskAnirban

This is really upsetting the fact how Zerodha support operates and in time of crunch situation, you will be at your own.

I am one of the oldest customer of @zerodhaonline, when hardly anyone knows it name, from 2013.

I really got highly upset as there was no help !!

🧵

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When you most need your broker, they will not be there.

Zerodha support works from 8:30 A.M to 5:00 P.M.

All thanks to their mental, physical health conscious initiative.

So if any client get screwed up, you are at your own.

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This is something related to "Physical Settlement" and related "Auction".

Many of you might be aware of, but most retail don't deal with this.

If you hold "In The Money" stock option and don't close by expiry, as per exchange mandate it goes for settlement.

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My trading Journey - a Thread. 🧵

Will try to summarise in short & highlight some of the mistakes I made. Also some of the turning point which made me profitable.

To begin with, Yes, I too got cheated and made losses in initial days.

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Like everyone I had started my trading journey, (read) option trading journey without knowing A B C D of it.

One of my friend at Infosys Bhubaneswar, probably in year 2013 told me there are companies who give tips on Call and Put. That time I didn’t know what is CE & PE.🙂

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I just have opened a demat account 1 year back to receive Infosys #ESOP stock.

So being enthusiastic we opted for service. Yes it’s 𝙬𝙚, because the monthly 5 or 6k we use to share among us & I had taken the service and shared the call with him.

Surprised? Read on. 🫤

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🚨 For active traders🚨

50-50 #SEBI rule is something is not known by many but those who actively trades in #FNO & use margin for trade, must be aware of it.

Best way to do #investment+#trading & generate better "Return On Investment" #pledging is the best way.

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https://twitter.com/Anirbban/status/1653754771013238787

It's like if you have 100 rupees either you can just buy stock worth of the amount and wait for capital appreciation.

But smart trader buy stock worth 100 rs & #pledge & get further 80-90 rs as #margin.

All successful #trader grew their capital by taking this leverage.

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Now although you have 100 rs in account, you are able to buy stock worth of 100 rs & additionally getting 80-90 rs for trading.

It's like having a flat and give it on rent.

The value of flat increasing, also you are getting additional money via rent.

Now there comes the catch.

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First you need to understand why someone sell #option.

While each option contract someone is buying, hence someone is selling. Why someone would put 1L for 2k return whereas, buyer can make 2k to anything.

Why I am saying this, so that you can build the psychology first.

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Everyone will tell you selling has unlimited risk, while buying is like magic!

In news channel u will see so many anchor giving buy ONLY, no sell. Why?

The weird justification is people don't have capital.

But they already know, these are 90% people who loose money.

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Now once you got the idea on buy & sell works, you need to grow your expertise.

Generally option buying needs good expertise to catch the momentum in chart. Understanding of price action quick mindset to act first without emotion.

Option selling is rather easy.

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