Comment on Zerodha-business-opportunity

Ravi Shankar Kolathur commented on 07 May 2017, 11:30 AM

Nithin,
There will be very little debate if I say that markets globally are influenced substantially by algo-trading. Now, algo-trading is done mostly by the big traders or the techie-traders. The common man investor is completely ignored in this new phenomenon. I have wondered for a long time now as to why the common-man investor is not even provided the facility by trading platforms of entering a simple order like (1) Buy @ X Price, (2) Sell @ Y Price only if Buy has been done, and (3) Stop-Loss at Z Price only if Buy is done and Sell is not done. All the stock trading recommendations are given in this manner, and the common-man investor misses out on either on leg (2) or leg (3) of the transaction.
If you can provide this feature (with sufficient margin money for Zerodha’s safety), it will attract hordes of customers. Of course, the other trading platforms will ape you soon enough.
What do you have to say about this?
Best wishes.
Ravi

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