I know you have subscribed to a best telegram channel that gives you signal on Bank Nifty / Nifty Options buying or even stock options, commodities signals like silver, crude and natural gas.
Now major problem is that you need to be attentive to see the signal and then enter that manually in your trading dmat account which is tedious task.
Also there is time lapse between reading the signal and then entering manually, mostly by that time the price of bank nifty options gets increased and you miss the profits to large extent
Let’s take an example of education signal received from any telegram channel
Bank Nifty Options Trading Signal from Telegram Channel
BANKNIFTY 43200 PE ABV 500
Now steps that you need to do are
1) Goto your DMAT Account or trading software
2) Login to your trading account
3) Search and add Bank Nifty 43200 PE Options of nearest expiry date
4) Keep watching till the price of 500 achieved or crossed
5) Buy immediately once the price crosses target price of bank nifty
6) Keep watching for the exit / stop loss / take profits (as guided by the channel) – this needs to be done manually
Pros of telegram trading channel signals
1) You can get profits by just paying small subscription fees
2) You need not study market movements or be knowledgeable for the stock market
Cons of telegram trading channels
1) Channel must be good to provide profitable signals else it can be loss for you
2) Copying signals in lowest time puts you in strain since continuous monitoring of telegram channel is a must
3) Time loss to copy signal is loss for your profits both entry and exit time for trades are important to gain maximum profits
4) entry and exit have to be controlled manually by you
What is solution for these problems?
Best Telegram Copy Trading Platform India
Yes, the answer to all above problems is simple
Use a Telegram trade copier to your DMAT trading account.
What is Telegram to DMAT Trade Coper?
(Telegram to MT4 copier also available for Forex traders)
Its really complex automation tool which seamlessly works for you as your robo servant.
How the telegram trade copier works?
1) You received signal on your telegram channel in any of the formats
As an example you get below signal with Put trade with Stop Loss and Take Profit levels TP1 TP2 TP3 & SL
BANKNIFTY 43200 PE ABV 500 SL 460 TP1 600 TP2 650 TP3 700
2) Telegram trade copier automatically copies signal and checks if this is a valid signal (there can be clutter in signal or only advertisement posted needs to be filtered)
3) Control panel automatically lines up trade till the target price of bank nifty (or any other signal for which you have subscribed) is achieved
4) As soon as target price condition is met, telegram trade copier will take trade on your trading account
5) Control panel will keep watch on the SL, TP1, TP2, TP3 etc based on your selection and automatically exit trade as the SL or TP is hit
Just a sample screen shot of our control panel is given below
Please note that you need to have a server to host control program so that it runs seamlessly without any internet problems.
WARNING –
1) We do not recommend automating Telegram trades
2) Auto trading is dangerous and we will not take any responsibility in case uncontrolled trades are done by the software due to mal function of any other issues.
3) We recommend manual monitoring of trades inspite of software monitoring all trades as per given terms and conditions.
Is Copy Trading Legal in India?
With reference to website garvthakur.com who sells account to account copy trading software – Copy trading is legal in India (as on Dec 2022)
What is copy Trading?
In Copy Trading you can simply copy trades from one DMAT account to another.
So trading signals are copied from one trading account to another trading account by authorising them using APIs.
In our case copy trading is copying Telegram signals directly to your trading account using API’s
If you do not have sufficient time to trade or knowledge then use trade copier to get a regular stream of income form financial markets without investing a lot of time or effort in analysing the financial market.
Please note that the Securities and Exchange Board of India (SEBI) state that a person cannot give financial advice or guidance to another excepting Registered Analysts (RA) or Registered Investors Advisers (RIA).
What are the Features of Copy Trading?
The features of the copy trading are as follows.
- Easy to Use:
No trading knowledge required, Simply cope signals from telegram channel and trade - Reliability:
System drive trade execution ensures that you do not miss a single trade. Both Entry and Exit are controlled automatically based on signals. - Security and protection of capital:
Please note that you must select appropriate Telegram channel so that you get profits in trading. The software do not decide trades and simply executes signals from telegram channel. hence you must protect your capital by taking small trades in beginning and then scaling up
Can this telegram copier used to copy trades on my MT4 account?
Yes, You can also use this copier version to trade automatically on your MT4 account for Forex trading
How to start Telegram Copy trading?
1) Contact us on mahesh@trekbook.in to get copy trader charges – Please note that only limited licenses are available
2) You need to have cloud server space to host the Telegram copier controller
3) We will copy the desired files to your cloud server
4) Login to your telegram channel at cloud server
5) Login to your Dmat trading account with credentials
6) We will make the system running which can be later monitored by you
7) An emergency button is given on control panel to EXIT ALL TRADES in case of any crisis.
Notes
1) If you want to trade in multiple accounts please let us know
2) Your trades will get copied even when you are not available. This makes it suitable for part time traders as well.
3) The copier works on various segments such as stocks, commodities, currency, foreign exchange etc.
Which brokers are supported by Telegram Trade Copier?
- 5Paisa
- AliceBlue
- Angle
- Choice
- Edelweiss
- Finvesia
- Fyers
- IIFL
- Kotak
- Mastertrust
- Motilal
- Profitmart
- Upstox
- Zerodha
Legal Disclaimer
We are not SEBI registered advisors but only software developers. We do not take any guarantee of software functioning. You need to buy and use the software at your own risk. We will not be responsible for any Profit or Loss due to the automatic trading done by software.
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