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UpStox Review – Why It is My Favourite Broker in 2020

Discussion in 'Technical Analysis' started by shabbir, Oct 25, 2020.

  1. shabbir

    shabbir Administrator Staff Member

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    My review of Upstox and why it is my favorite broker in 2020. Step by step to open your account digitally and answer common FAQs

    Continue reading...
     
    shabbir, Oct 25, 2020
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  2. akshaybhagwat

    akshaybhagwat New Member

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    One important order type for investors like me that Upstox do not offer is GTT. I place my target, stop loss and average down/up order on the day when I enter a stock. Hope Upstox add good till triggered order type soon.
     
    akshaybhagwat, Oct 25, 2020
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  3. shabbir

    shabbir Administrator Staff Member

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    As an investor do you add GTT order because I don't think they are any good for investor. I have never used it till and can you share when they are useful. Just wanted to learn if I am missing something.
     
    shabbir, Oct 25, 2020
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  4. akshaybhagwat

    akshaybhagwat New Member

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    GTT helps me to overcome two of my problems: 1. To overcome the psychological effects over implementation(during panic or greed) of decision (taken when market and mind are calm). 2. No need to monitor the price daily to enter or exit once the patterns are found and confirmed.

    Your book helped me to identify Cup and handle in Biocon during Jan - Feb. I entered with small amount and averaged down and also averaged up during break out of high of handle. (Ref: location 1574 of the book). This was executed by GTT during corona lockdown (Mar -Apr) when I would not have shown courage to buy ever if I am confident of the patterns.
     
    akshaybhagwat, Oct 25, 2020
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  5. shabbir

    shabbir Administrator Staff Member

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    That is good to hear but I am too impatient when I have punched in my orders. I am not sure if I can wait till the end of the day. So yes GTT may not be for me but great to see that you can wait days before trades are executed. I need that kind of patience but still trying only.
     
    shabbir, Oct 26, 2020
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