Alarming Statistics: 62% of Traders in Pune Underperform in Recent Market Analysis
Pune : The dynamic world of trading in Pune has encountered a notable hurdle, as a recent survey by SAMCO, one of India’s leading Investment-Tech company, revealed that an alarming 62% of traders have grappled with underperformance in the stock market over the past year. This underlines the critical importance of equipping traders with advanced tools and analytics, as exemplified by the "My Trade Story" feature, to refine their trading strategies and attain superior market results.
Incorporated within the SAMCO Securities CRP (Capital Resource Planning) trading platform, the "My Trade Story" feature introduces a suite of innovative Trade Spreadsheet and Analytics tools, offering traders unprecedented insights into their trading activities. These tools provide comprehensive trade-related statistics and in-depth analytics tailored to individual trading profiles. Encompassing crucial aspects such as position details, P&L analytics, trade legs breakdown, key technical indicators, and more, the "My Trade Story" feature empowers traders to make informed decisions and enhance their market outcomes.
SAMCO Securities' CRP platform, already renowned for offering real-time market data, technical analysis tools, margin trading, stop-loss orders, and educational resources, elevates its services to new heights with the addition of "My Trade Story." This feature sets a new industry standard by addressing the pressing need for advanced tools that assist traders in overcoming challenges, achieving financial goals, and thriving in today's dynamic markets.
Jimeet Modi, Founder and CEO of SAMCO Group, emphasized the significance of the Trade Spreadsheet feature said, "In a market where 62% of traders are grappling with underperformance, our innovative CRP features, such as the 'My Trade Story,' serve as a guiding light, offering personalized insights and analytics to help traders navigate and elevate their strategies for improved outcomes. The Trade Probability Success Score, a unique component, assesses historical trade data, market trends, technical indicators, and risk management strategies to predict the success probability of each trade. This tool equips traders with the knowledge to optimize their trades, tap into their potential, and attain greater success."
Key Benefits of the My Trade Spreadsheet Feature:
Pattern Identification: The Trade Spreadsheet facilitates the identification of profitable patterns and strategies from past trades, enabling their replication in future trading activities.
Position Sizing Optimization: By meticulously analyzing position details and performance metrics, traders can ascertain optimal position sizes, ensuring effective risk management and bolstered profitability.
Precise Entry and Exit Points: Insights derived from the Trade Spreadsheet empower traders to pinpoint optimal entry and exit points, leading to heightened timing accuracy in trades.
Risk-Reward Evaluation: The Trade Spreadsheet's analytics, including assessments of maximum potential profits and losses, enable traders to evaluate risk-reward ratios, thereby facilitating well-informed trade decisions.
Empowering Traders of All Skill Levels
The Trade Spreadsheet feature caters to traders of all experience levels, providing vital trade-level data. The accompanying Analytics feature offers further insights into market trends. If the Trade Probability Success Score indicates a lower probability of success for a trade, traders are encouraged to consider options like consulting experienced fund managers for guidance.
Here's a breakdown of the data for each category for Pune
Derivatives Trader: This category's performance demonstrates a relatively high level of outperformance across all time frames, with the highest outperformance observed at 12 months (24%). However, this trader also experiences a significant level of underperformance, particularly at the 12-month mark (76%). In terms of trade size, the average win is substantial at ₹20,354.71, while the average loss is ₹13,833.16.
Hybrid Trader: This category, on the other hand, shows consistent outperformance at all time frames, with the highest outperformance percentage occurring at 6 months (62%). Their underperformance is relatively moderate, with the lowest underperformance observed at 3 months (38%). This trader achieves an average win size of ₹8,251.62 and an average loss size of ₹7,191.79.
Investor: The investor category exhibits a more conservative approach, with a focus on longer time frames. They achieve the highest outperformance at 12 months (51%) and the lowest underperformance at 3 months (30%). The average win size for this trader is ₹18,474.69, and the average loss size is ₹24,250.78, indicating a larger disparity between wins and losses.
Options Trader: This has the lowest outperformance percentages across all time frames, with the highest being at 3 months (36%). They experience a significant level of underperformance, especially at 12 months (83%). Their average win size is ₹3,895.02, while the average loss size is ₹5,688.86.
Special Introductory Offer:
To mark the launch, the advanced features of "My Trade Story" will be accessible to clients free of cost, delivering benefits valued at Rs. 12,000. Traders can leverage this feature to gain deep insights into their trading performance, enabling data-driven decisions for improved trading outcomes.
About SAMCO Securities
SAMCO Securities was incorporated by Mr. Jimeet Modi, Founder & CEO of SAMCO Group in 2015. As the country’s leading flat-fee brokerage and wealth-tech platform, SAMCO Securities provides retail investors access to sophisticated financial technology and makes their wealth-creation journey simple, informed, and cost-effective. SAMCO Securities mission is to eliminate the existing challenges faced by traders and investors and democratize access to wealth management process for every Indian. With customer centricity at SAMCO’s core, we implement a quantitative approach to provide differentiated solutions that empower our customers in acing the capital markets.
The full-service wealth creation platform powered by content and research is accredited with many industry first such as the flat-fee pricing model. StockBasket, another industry-pioneer, evaluates over 2 crore data points to discover India’s best quality stocks for long-term wealth creation. Furthermore, the industry-first KyaTrade instantly identifies and streams a multitude of trading and investing ideas so that the customers can trade from anywhere and anytime, among others.
