Hi Folks
Does anyone think that INTRADAY trading using brokers own developed software like upstox pro, zerodha Pi, fyers web, finvasia scalpert or any such software offered by broker has following disadvantages
1. More slippages
2. All of a sudden you started making losses month over month after you switched from nest/now to these inhouse developed trading terminal
3. Is it possible that the brokers are using our trading data from their own software to trade against us or selling it to third party?
Its not just about me or my account. The whole of traders using the platform on the trading day can be tracked and data can be used or sold. Our cover order or bracket order stoplosses can be used to identify the common support point and drag price to that point to take us out of trade and fill their orders.
Do you think we should stick to Nest or Now?
I might be wrong here but I have feeing since a year now ever since i stopped using nest/now and started using these broker developed softwares. Anyone else? Any thoughts?
Does anyone think that INTRADAY trading using brokers own developed software like upstox pro, zerodha Pi, fyers web, finvasia scalpert or any such software offered by broker has following disadvantages
1. More slippages
2. All of a sudden you started making losses month over month after you switched from nest/now to these inhouse developed trading terminal
3. Is it possible that the brokers are using our trading data from their own software to trade against us or selling it to third party?
Its not just about me or my account. The whole of traders using the platform on the trading day can be tracked and data can be used or sold. Our cover order or bracket order stoplosses can be used to identify the common support point and drag price to that point to take us out of trade and fill their orders.
Do you think we should stick to Nest or Now?
I might be wrong here but I have feeing since a year now ever since i stopped using nest/now and started using these broker developed softwares. Anyone else? Any thoughts?
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