Samco Securities launches KyaTrade to recommend investment ideas
These investment ideas are curated by Samco's research experts along with machine-led execution strategy, said Jimeet Modi, Founder and CEO, Samco Group.
Hyderabad: Samco Securities launched ‘KyaTrade’, an app that live streams equity trading and investment ideas with a reward-risk ratio that is favourable to investors. These investment ideas are curated by Samco’s research experts along with machine-led execution strategy, said Jimeet Modi, Founder and CEO, Samco Group.
“Entering the markets is easy as anyone can sign up for a broking and demat account but making a risk-adjusted source of income from trading or investing in the markets remains a challenge. Also, investors rarely have an exit strategy. With KyaTrade we are solving these problems.”
KyaTrade can be accessed by opening an account with Samco Securities.
The Intraday Plan, suited for professionals, will recommend five to 20 trading ideas on the app each day depending on market volatility. These ideas come with a 2:1 reward-risk benefit and a 50 per cent accuracy. It will be available in monthly and annual subscription at Rs 1,500 per month and Rs 9,000 respectively.
The Investment Plan, suitable for all levels of investors, will recommend 15 to 20 investment ideas with a 4:1 reward-risk benefit and a 70% accuracy. It is available in monthly and annual subscriptions at Rs 1,000 and Rs 6,000 respectively, a release said.
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