Comment on Margins- 2 Exit orders for 1 position

TVR commented on 23 Aug 2018, 11:32 AM

Can u please explain or provide a link through which i can understand the way by which Zerodha calculates the used margin and available balance (as shown in Kite dashboard) while placing Bracket orders for equity stocks (not futures)?

One day, through out the trading session i was placing bracket orders for equity stocks and manually calculated the available balance and compared with what shown in Available balance of Equity section on dashboard of kite. But i found lot of difference.

I followed the following procedure in manually calculating the available balance:

when ever placing orders, i entered the quantity, sell price and stop loss in Bracket order margin calculator at Zerodha website, and deducted the value shown under “required margin” of the calculator, form the available funds of kite dashboard. I followed this method for all the subsequent trades.

Am I missing something!!

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