Hi zerodha/Dev team, If I have 10 friends with me who all have zerodha accounts. I need to copy whatever I trade into all of my friends accounts. If I get 10k profit my friends should also get 10k profit.
Whatever trade I do should get copied to my friends.
Is there any public API or some coding I could do with kite.connect
You have to code this using Kite API and execute trade with limit order (entry and exit both) to ensure same returns. Also note that limit orders might not execute always as it depends on how much volume can be filled.
So it is not as straight forward that copy means they would also get through all entry and exits exactly as the first user in the chain.
Those who know don't spend time in claiming that on YouTube. Those who know how to trade, spend time in learning instead of making YouTube videos on how they do things
Also 200 users simultaneously yes. Same price ? Depends if limit orders fill. With market orders, there would be slippage. With limit order, you might not get filled. As I said all depends on volume. No magic happens for anyone
We already have such tool hosted on AWS for a client. The client can place as well as modify and cancel order in all 12 of his sub-clients from a single endpoint. I can show you demo too. Contact me at [email protected]
Has any retail trader here been able to accomplish copy trading successfully? It will be great if they can share their experience as I am looking for a similar approach.
You have to code this using Kite API and execute trade with limit order (entry and exit both) to ensure same returns. Also note that limit orders might not execute always as it depends on how much volume can be filled.
So it is not as straight forward that copy means they would also get through all entry and exits exactly as the first user in the chain.
will market order work?
one youtuber claims he can do for banknifty F&O market order with over 200 users simultaneously.
Is it possible?
Also 200 users simultaneously yes. Same price ? Depends if limit orders fill. With market orders, there would be slippage. With limit order, you might not get filled. As I said all depends on volume. No magic happens for anyone
It will be great if they can share their experience as I am looking for a similar approach.