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SAMCO Securities Introduces the My Trade Story Feature

In Business
July 24, 2023

KOCHI:
SAMCO Securities, a leading online stockbroker in India, is pleased to introduce the My Trade Story feature, which includes innovative tools like the Trade Spreadsheet and Analytics. With the launch of these advanced capabilities, SAMCO Securities revolutionizes the way traders analyze and improve their trading strategies, offering unparalleled benefits and personalized guidance for market outperformance.

The Trade Spreadsheet, available in the “My Trade Story” section of the SAMCO Securities CRP (Capital Resource Planning) trading platform, offers comprehensive trade-related statistics and valuable insights at an individual level. Traders can access detailed information about their positions, P&L analytics, buy and sell legs of each trade, key technical indicators, and more. CRP offers a range of industry- pioneering features including real-time market data, technical analysis tools, stop- loss orders, margin trading, and educational resources, among others, to support traders in overcoming common yet daunting challenges and achieve their financial goals.

Jimeet Modi, CEO, SAMCO Group, said, “The Trade Spreadsheet feature, coupled with advanced analytics, is a game-changer for traders, as it provides them with unprecedented access to trade-level insights and comprehensive analytics. Unique features such as the Trade Probability Success Score analyzes historical trade performance, market trends, technical indicators, and risk management strategies to provide traders with a probability percentage for the success of a trade. This assists them to assess potential outcomes, adjust accordingly for profitability, unlock their
full potential, and eventually achieve greater success in the markets.”

Key Benefits of the Trade Spreadsheet Feature:

  1. Identification of Profitable Patterns: Traders can analyze past trades to identify profitable patterns and strategies that can be replicated in future
    trades.
  2. Optimized Position Sizing: By examining position details and performance metrics, traders can determine the appropriate position size for each trade, effectively managing risk and maximizing profitability.
  3. Accurate Entry and Exit Points: Insights from the Trade Spreadsheet enable traders to improve their timing by identifying optimal entry and exit points for their trades.
  4. Evaluation of Risk-Reward Ratio: Through analytics such as maximum potential profits and losses, traders can assess the risk-reward ratio of each trade, making more informed trading decisions.

The Trade Spreadsheet feature is designed to empower traders of all skill levels, from beginners to seasoned professionals, by providing them with valuable trade- level information. The Analytics feature further enhances their decision-making capabilities by providing critical market trend insights. If the Trade Probability Success Score is lower, it may indicate a lower probability of success for a trade. In such cases, it is advisable to consider various options, including trusting a fund manager who can provide valuable insights, expertise, and guidance based on their
knowledge and experience in the market.

As an introductory offer, the hyper-personalized and advanced trading features of “My Trade Story” will be available to clients free of cost, offering benefits worth Rs. 12,000. Traders can leverage this feature to gain valuable insights into their trading performance and make data-driven decisions for better trading outcomes.

SAMCO Securities is committed to continuously enhancing its trading app to provide traders with cutting-edge tools and features that promote success in the markets. The Trade Spreadsheet feature is part of SAMCO Securities’ ongoing efforts to empower traders with valuable information and analytics.

To experience the Trade Spreadsheet feature and unlock a new level of trading information, download the SAMCO Securities trading app from the App Store or Google Play Store, or visit their website.