Frequently Asked Questions
Have questions ? May be we got lot of those before and so we have already answered it below. So just scan below and you may find what you are looking for. If not, you can always contact us.
No we are not registered with SEBI.
No, we are not in the business of providing stock, commodity tips or advises. We only develop trading systems and indicators using technical analysis platforms.
Use TrendShikari NTS for trading NIFTY only. TrendShikari PTS can be used for a wide array of financial instruments. However you need to tune its pyramiding option from instrument to instrument. In general use the system only for the instrument(s) its specified for. This is because we have backtested and optimised the system for the specified instrument only. It may or may not work for other instruments.
No. You just need to trade in one instrument to make money. If you want to make more money, just increase your position size (per trade option lot count). But make sure you have enough capital to do so when you increase your position size.
Trading in options is not risky if its used in the right manner we specify. Infact its less risky compared to other tradable entities if they are used judiciously. We are always buying options. We never sell options. This way our max risk per trade is limited to the option premium we paid. Even if market goes against our position our risk is well defined and limited. Options help us to cover market risks like opening gaps, fat finger errors etc which cannot be well managed with futures or other primary instruments like shares. Also our average holding period for any option contract is around 5 days. So we are not much affected by time value decay of option premium.
We recommend Zerodha, if you are looking to open a trading account. In our opinion, Zerodha is the best in terms of innovation quotient, trading tools and support provided. Cost is on the lower side with free equity, direct mutual fund investments and Flat ₹20 Intraday, F&O trades. With over 1 million+ clients and 10% of daily retail trading volumes across NSE, BSE, MCX, Zerodha is a stock broker you can bank on.
Money is not everything. We realised that ordinary people like us can make money trading the market with out the help of expensive infrastructure or corporate back up. We also realised that majority of the retail segment is loosing money. So we wanted to help. We are passionate about what we do and we are truly happy when we help people to win their financial freedom.
With the Trading Systems like TrendShikari NTS or TrendShikari PTS you can be a master trader yourself. For that convenience we charge only a small amount. Its really peanuts compared to what you can make trading using these systems we sell. The small charge helps us cover our business operational expenses. Also the price tag on the system is a sort of checkpoint to bring in only the serious minded, disciplined trader in to our client base. If we start giving our systems free, we fear, it will bring in a crowd with out the passion, patience and persistence needed to succeed in the market.