Groww: If you don’t know this, you might end up making very grave errors while trading. The trading platform that is incredibly popular now is Groww, suitable even for beginners, but let me tell you the truth, it is not the most suitable platform if you are looking for a number of features.
Suppose you are that trader, enthusiastically engaged in the buying and selling of stocks, thinking you are making intelligent moves. Yet, at some point, you get the feeling that something is wrong. You are investing time and energy more than necessary, but the profits that come from them are not as enormous as anticipated. What’s going wrong? This is because Groww does not provide features which professional traders use to optimise their profits.
Why is Groww a Problem for Traders?
Groww is ideal for first-time investors who only intend to invest in stocks or mutual funds. I can however, agree with them on one point, the advanced trading option is a disappointment because:
- Groww doesn’t not have basket order and bracket order
Basket orders enable you to open many orders at once and bracket orders allow you to set stop loss and target in a single trade. Such options are not available in Groww. Without them, traders have to conduct all the trades individually and that consumes much time and increases the likelihood of mistakes and miss good chances.
- No Ready-Made Option Strategies
For traders engaged in options trading, availability of ready-made strategies is a game changer. Some trading platforms like Angel One has pre-designed strategies to offer options trades and enable the trader to engage in complicated trades without much difficulty. Groww, however, lacks this feature and options traders are forced to develop strategies on their own which can be tiring.
This means, if you are serious about trading, it is time to transition to using platforms that provide all those good things and more that can lead to success. One of them is Angel One. Some of the features include basket orders, bracket orders, and ready-made options strategies. These tools not only affect the trading in a more efficient way but also assist you in handling your risks in a much better way. You can visit through this link here https://tinyurl.com/29sj4kaq and see how it may help you change your trading ever.
It is the game of decisions and the decision of choosing the right platform where the trade is carried out is the right one.
Groww can be a wrong choice for Traders
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