Introducing Trailing Stoploss on Kite web.
A regular stop loss stays fixed at the price you set. This works when you enter a trade, but it can become a problem if the trade moves in your favour.
Say you buy a stock at ₹100 and set a stop loss at ₹90. The stock then moves to ₹140, but your stop loss remains at ₹90. If the price reverses, you could give back a large part of the move.
The obvious solution is to keep moving the stop loss higher manually. But once the trade is live, it is easy to delay the decision, second-guess the move, or miss the price action altogether.
With trailing stoploss, this adjustment happens automatically. The stop-loss trigger moves as the trade moves in your direction and stays unchanged when the price moves against you.
Here's all you need to know👇
With over 450 attendees, the @ZerodhaVarsity Bootcamp in Ahmedabad featured an in-depth session on understanding open interest (OI), market signals, and hedging.
Want to attend a Bootcamp? Check out upcoming events on the Varsity website (link in comments).
In 2017, Mauria Udyog Limited made steel gas cylinders and traded at roughly ₹10 a share. No new factories, no earnings jump, no corporate announcements. And yet the stock kept climbing, past ₹50, past ₹100, past ₹200, until it touched ₹255. Nobody could explain why🧵👇
The closer you get to a financial goal, the less time you have to recover from a market fall. Yet many portfolios remain just as risky near the goal as they were at the start.
Reducing risk over time sounds easy, but behaviour often gets in the way. When markets are rising, cutting equity exposure feels like missing out. When they fall, it feels like locking in losses. So many investors delay rebalancing and take more risk than they should.
Life Cycle funds address this through a pre-defined glide path. They invest across equity, debt, and gold, gradually reducing equity exposure and making the portfolio more conservative as the target year approaches.
@ZerodhaAMC has launched two such funds:
- Zerodha Life Cycle Fund 2036: for goals roughly 10 years away
- Zerodha Life Cycle Fund 2041: for goals roughly 15 years away
The NFO is now open on @CoinByZerodha. Link in the comments.
Here's all you need to know👇
For most people, buying a broad basket of stocks or ETFs is a better investment strategy than picking specific sectors and building concentrated stock portfolios. For example, over the last 5 years, the Nifty IT index fell by 8%, while TCS dropped by about 40%.
By the way, we are working on a new Kite Nudge that will alert you when you are placing an order, if your exposure to a single sector exceeds X%
@boidawonda Hi, Kite MCP is working fine from our end. Could you please send us a DM with your details and a brief description of the issue you're facing? We'll check and assist you further. https://t.co/aWeJ1E32Ng
Whenever I'm at events or am meeting young entrepreneurs through @Rainmatterin, the one recurring question I get is what makes Zerodha what it is.
We'd created this page to explain what makes us different.
Link in comments.
Introducing Trailing Stoploss on Kite web.
A regular stop loss stays fixed at the price you set. This works when you enter a trade, but it can become a problem if the trade moves in your favour.
Say you buy a stock at ₹100 and set a stop loss at ₹90. The stock then moves to ₹140, but your stop loss remains at ₹90. If the price reverses, you could give back a large part of the move.
The obvious solution is to keep moving the stop loss higher manually. But once the trade is live, it is easy to delay the decision, second-guess the move, or miss the price action altogether.
With trailing stoploss, this adjustment happens automatically. The stop-loss trigger moves as the trade moves in your direction and stays unchanged when the price moves against you.
Here's all you need to know👇
Two years ago today, we started a daily finance and economics podcast called Daily Brief.
The initial impulse was me telling the team that there wasn't really a good Indian podcast on markets, finance, and economics that I wanted to listen to while travelling.
The result was an experiment called Daily Brief, launched as part of a larger initiative called @zerodhamarkets (very original name, I know).
Fast forward two years, and the YouTube channel has crossed 2.3 lakh subscribers, generated more than 1.6 crore views, and the newsletter has 1.3 lakh subscribers. Daily Brief has become a daily newspaper of sorts for a wide range of people, from investors, analysts, CXOs, policymakers, students, and anyone curious about what's happening in the world of business, markets, and economics.
I'm still surprised that people read a ~5000-word newsletter every day as opposed to swiping reels.
The team that runs it is barely 7 odd people, and they've gone on to build a whole ecosystem of shows and newsletters, including Aftermarket Report, Chatter, Subtext, Points and Figures, and others, each with an audience and identity of its own.
This goes to show that there's still a genuine hunger for quality finance content in India. Despite the explosion of content over the last few years, I don't think that problem is fully solved yet.
See the links in the description, in case you didn't know about it.
ITR filing — the bare minimum you should know.
Whether you file yourself or hand it to a CA, know at least this much.
1. What to know.
2. How to choose.
3. Where to find.
4. Whom to seek help from.
5. Which reporting matters if you are an investor?
🧵
The first Zerodha Bootcamp in Rajkot, Gujarat, simplified commodity trading, how the markets move, the signals traders use to read data, and more. Here’s a glimpse of the event, which saw over 400 attendees.
Want to attend a Bootcamp? Check out upcoming events on the @ZerodhaVarsity website (link in comments).
NSE filed its IPO papers this week. At nearly ₹30,000 crore, it may well become the biggest IPO India has ever seen. NSE is the reason we exist, and so does every other broker in India. Their offer document is a gold mine. Here's what stood out.🧵👇