- #ZERODHA PI INTRADAY DATA FOR ONE YEAR INSTALL#
- #ZERODHA PI INTRADAY DATA FOR ONE YEAR SOFTWARE#
- #ZERODHA PI INTRADAY DATA FOR ONE YEAR DOWNLOAD#
Zerodha Pi is suitable for intraday traders, and proves to be a high-performance software. In this blog, we will see if this application is good enough to use or not. The product has been designed by traders. Zerodha Pi offers unique and innovative features for trading in the Indian stock market.
#ZERODHA PI INTRADAY DATA FOR ONE YEAR DOWNLOAD#
Here you can download the Zerodha Pi file.
#ZERODHA PI INTRADAY DATA FOR ONE YEAR SOFTWARE#
The software can work seamlessly, even on low internet bandwidth, and needs less CPU and memory usage.
#ZERODHA PI INTRADAY DATA FOR ONE YEAR INSTALL#
Users can simply download and install the software on their desktops and laptops and start using it for trading purposes. It was introduced in the year 2015, and is extremely user-friendly. Zerodha Pi is an advanced Desktop trading platform developed by TradeLab Software Pvt Ltd. Apart from its most likeable feature of flat brokerage, one of its other feature that is gathering attention is Zerodha Pi. So much that Zerodha has been giving a tough competition to all of its competitors since its inception. Zerodha is one of the most popular names in the list of top discount brokers in India. Get the best deal when you open account through us. It is an installable file that users can download onto. Zerodha Pi is a trading terminal software from India’s leading discount stock broker, Zerodha. Shades Chrome to a soothing orange color to decrease eye-strain, eye fatigue and to appease your brain's day/night cycle. Averaging down positions is done by traders who don’t want to accept their losses, and this most likely happens when the losses are too large to accept," he says.Turn Off the Lights. If your potential losses are limited, the chances of you acting rationally when a trade goes against you is much higher. "The right way to trade the markets is to never get overexposed to any trade that can cause more than 5% of your trading capital. It is ludicrous to think of doing the same with long/buy options when time is constantly ticking against you, he says. Every extra day and weekend that you hold buy option positions significantly erodes the premium," he says.Īveraging down buy option positions is a bad ideaĪveraging down can work sometimes when you buy stocks and the markets are in a long-term bull market because you have time in your favour or the ability to hold on to the position forever. When you buy options, there is a constant depreciation of time value, and along with it, the premium.
When you buy options, this decision to hold losing intraday positions overnight only exaggerates the loss. Short term or intraday trades turn into long term positions just because of the loss. Many retail traders get stuck in this vicious cycle of hope when there is a loss that is too big to accept. "If trading options with larger than say even 1% of your capital, having a stop loss in place is important. Losses are easiest to accept when they are small but as they get bigger, it only gets tougher to exit. So, Zerodha CEO suggests, "if you are taking a directional view buying options, always trade monthly expiry, you will have much more time value and hence higher odds of profiting as compared to trading weekly." If you buy weekly expiries as compared to monthly expiries, time value reduces much faster. The above effect of time value gets exaggerated because most actively traded options contracts are ATM (At The Money) or OTM (Out of The Money) which have no intrinsic value." This is unlike trading stocks or futures, where you can potentially hold the stock forever or continue rolling the futures contracts, albeit at a small rollover cost. This is the main reason why option buyers lose money – they are constantly fighting time. "The one certain thing is the constantly reducing time value. This means that the trader has to be right on market direction in a big way and within a short period, he says. Option premium is the intrinsic value of the contract and time value.