FAQs

Search for questions and queries about KyaTrade, if you do not find an answer to your question feel free to write to us on support@samco.in

What is KyaTrade?

KyaTrade is an on-demand instant research streaming platform that serves you with a curated selection of trading and investing ideas. These ideas are generated by using Samco’s proprietary Giga Trading research engine coupled with systematic strategies and in-house research. A constant stream of carefully researched ideas are generated to make your trading more convenient and disciplined. The platform will enable you to leverage the systems’ quick screening technology and place trades quickly without missing out on the risk reward ratio.

Why did we build KyaTrade?

KyaTrade was built with the goal of enabling subscribers avoid booking small gains and making large losses with the platform’s well researched ideas and disciplined approach to trading and investing, wherein a stoploss and target level is mentioned for each trade. Most intraday traders trade in an erratic manner without any definite trading strategy but keeping an appropriate stoploss for each trade will enable you to protect your capital and prevent large drawdowns. As far as investors are concerned, it defines an entry and exit plan to prevent investors from getting trapped into holding stocks longer than required which makes them lose money.

How can I get access to KyaTrade?

You can get access to the KyaTrade app by opening a trading and Damat account with Samco. Opening a Samco account is Free, paperless and takes less than 5 minutes.

How does KyaTrade work?

KyaTrade provides a real time on demand trading and investing idea stream after taking millions of data points into evaluation. The strategies are systematically curated by the research team and are ready made, hence are quick to act on. Currently, KyaTrade has two subscription plans: Intraday and Investment. On subscription to any plan, you will be able to see fresh trades as and when available.

The app is super simple - Swipe right to place your trade, Swipe left to reject your trade and Swipe up for the next idea.

What kind of stocks does KyaTrade recommend?

Intraday subscribers will be recommended stocks broadly on 3 key strategies – Trend following trades, trades following mean reversion and sideways movements. All the 3 categories will be identified simultaneously and be presented to you as opportunities on KyaTrade. We endeavour to offer only higher volume and higher liquidity stocks (no penny stocks), hence we have tuned our in-house system to run through a universe of the top 200 to 250 most liquid stocks and FnO contracts for trading. Given the high liquidity, it ensures that you are able to enter and exit these stocks at a favourable price and in an efficient manner before the market closes.

For investment subscribers, the stocks recommended are identified after screening through a large array of factors ranging from recent events, triggers, good earnings, revenue growth, corporate events to other fundamentals to judge the quality of the company. This screening methodology allows to skim through a large data set to finally generate about 15-20 investment ideas for you.

How does KyaTrade control risk?

Every idea in KyaTrade is presented with a well-defined target and Stop loss so that you can size your positions correctly and cut down the weeds. Explore and trade only from the active opportunities as KyaTrade removes the opportunities that are no longer favourable due to market movements. A threshold is set for each trade, which when exceeded, automatically expires the trade which then isn’t available to the next person when he opens the app. The idea is to execute trades only when the reward is greater than the risk and to rake in profits as the trades move towards defined targets.

How will I make money from KyaTrade?

KyaTrade strives to find the best actionable ideas with strong upside potential and minimal risk. All you have to do is remain logged in and make a simple swipe on the KyaTrade app to execute trades recommended on the platform. As intraday is a game of probabilities given the number of moving factors in a stock in a particular day, there is a 50% probability that you will make money on every trade. Since there is an efficient risk management system in place, each position could give gains of at least 1.5-2% while the losses will be limited to only about 1%.

For investment ideas, we endeavour to have a minimum strike rate of 70% to 80% across the ideas we offer. Each position could give gains in the range of 30% to 40% while the losses will be limited to only about 10% to 15%, cutting losses out quickly. Not each trade is going to be successful, but more the trades you take the better your overall outcome.

How many ideas will I find in a day?

KyaTrade scans through the 200-250 most liquid stocks from which we will generate anywhere about 5 to 15 intraday ideas on a daily basis. While there might be some days which might see 2-3 ideas, there might also be days with 20 ideas being generated. The goal is to find quality intraday ideas over quantity with a favourable risk reward ratio. For investment ideas, a list of atleast 15-20 stocks will be available for an investor to choose from on KyaTrade.

How to enter and exit a trade?

Entering a trade is extremely easy, swiping right on any idea will take you to the order page where there will be a prefixed quantity of shares defined along with the stated Target, Stoploss and trailing Stoploss (for a few intraday ideas). The shares are pre-defined taking your total portfolio allocation and concentration risk into consideration, it can be changed manually however it isn’t recommended. With this swipe, your order gets executed directly and you do not have go through the hassle of finding and placing a trade manually. For exit, you will be notified when the stock hits the target price, stoploss (Trail SL in some intraday ideas), intraday square-off or if research decides to close an opportunity. While you will get a prompt notification for exits, you will have to manually exit the order from the app.

When should we enter a trade?

Investors subscribing to a trading plan will see a number of ideas on the app especially in the first one hour. As an intraday trader, it is critical that you as a subscriber login and make the trade in the first hour so that you make the most of the movement occurring in the day. For investment ideas, when an opportunity is ripe, the idea will be available on the app. The platform will provide you an entry recommendation at a price level such that the upside is strong while the risk is limited. Ideally, if you are an intraday trader you should remain logged in on the app so as to capture a high amount of these opportunities since many intraday trades may only offer upside in the short-term.

How much should we trade?

Position sizing is extremely essential to any successful intraday and investment strategy and by giving a recommended quantity in every trade, KyaTrade aims to achieve just that. The position sizes for all trades are predetermined by Kya Trade’s systems which ensures your capital is efficiently allocated to a given trade. While entering a trade it recommends a quantity of shares which is based on the logic of allocating not more than approximately 1%-2% of your portfolio value in any idea which limits your risk exposure in case the trade fails and hits its stoploss. This will enable to manage your overall portfolio risk evenly in a disciplined manner but there is also an option for investors to manually alter the quantity of shares if they want. The flexibility to increase or decrease the quantity lies solely in the hands of the trader although it isn’t recommended.

How to manage emotions and losses?

KyaTrade provides you carefully researched ideas which can help you profit with minimum risk but given the volatility markets face sometime you may feel like an exit is a better idea. We urge you to keep in mind that KyaTrade provides a stop loss to prevent capital erosion which minimises your losses. Additionally, you have to keep in mind that losses are a part of the game and can occur in case the stock goes against the call as money can be generated only 50% of the times. If you are facing a bout of losing streaks, reduce your quantity to avoid larger drawdowns and increase it once you start winning again. All of these ideas involve probabilities and therefore don’t get fixated on a stock intraday due to its fundamentals. You must exit a losing trade and invest in a better opportunity. To ensure that you have a better chance at winning with probabilities, all you have to do is stay in the game for longer by cutting your losses and letting profits run longer. Overall, it is advisable that you leave your emotions out of the game and focus more on the system which is aimed at assisting you in growing your wealth over the long-term.

What kind of tax will I have to pay on profits I make from KyaTrade?

For Investors: Only 2 kinds of tax treatments will be applicable - if investments are held by you for a period of more than one year, the long-term capital gains (LTCG) tax rate will be applicable while if the investments are held for less than one year, short-term capital gains tax will apply.

For Intraday Traders: Intraday trading has a time horizon of one day and trades entered by you will be treated as speculative income under the tax laws.

Do note tax rates will be as per the governing tax rates at the time of exit.

Why is KyaTrade better than any other platform?

KyaTrade provides systematic and disciplined trades with a 60-40 win loss ratio. All trades have higher rewards compared to the amount of risk taken which is not based on stale or old data. There is also a predefined risk to every trade since all trades have a stoploss mentioned. From the entry price range to when to exit, KyaTrade provides all the details to you on a platter.

How do we find intraday trading ideas?

The intraday ideas on KyaTrade are generated using a bunch of data and intelligence signals which could be used to trade and bring about returns. Our methodology involves analysing a large set of data using our proprietary GigaTrading engine which processes millions of data points, both technical and fundamental in nature to generate relevant and actionable signals. Analysing such points enables us to generate ideas and provide you with curated trade opportunities. We endeavour to find ideas based on repeatable price patterns and trends and a comprehensive engine identifies multiple such opportunities for KyaTrade.

Who is the KyaTrade Intraday Plan for?

KyaTrade’s Intraday Plan is recommended only for professional traders who can dedicate full time to trading from 9:15 am to 3:30 pm everyday and have a minimum capital of Rs. 2, 00,000. We strictly discourage the use of our Intraday Plan if you're new to intraday trading and do not meet the above mentioned criteria. Please read our Intraday Subscription Manual carefully before you start trading on KyaTrade. STRICTLY NOT FOR BEGINNERS.

What logic does the KyaTrade’s Intraday Plan operate on?

KyaTrade operates on a 2:1 reward to risk ratio with a 50% win rate to generate profits. In every favorable trade you target to gain 2, and in a losing trade you cut your losses at 1. We aim to generate profits for about 50% of the trades which means not all trades will make money. But the more ideas you trade on, the higher are your chances of making profits.

What is the minimum capital required for best results from the Intraday Plan?

You require a minimum capital of 2,00,000 in order to get the best results from the Intraday Subscription Plan.

Should we trade all opportunities recommended on KyaTrade?

Yes. We highly recommend you to trade all ideas given on KyaTrade for best and favorable results. Not each trade is going to be successful, but the more trades you make the higher are your chances to generate profits. Trading all opportunities diversifies the risk and increases the chance of good returns.

Should we manually size positions for each trade?

KyaTrade automatically suggests position sizing based on your available capital and by weighing the risks for your portfolio; altering the position sizes will hamper your overall returns. DO NOT MANUALLY OVERRIDE RECOMMENDED POSITION SIZE!

When would be the best time to trade on KyaTrade?

For the subscribers of Intraday Plan, the best time to make a trade on KyaTrade is between 9:15 am to 10:30 am. You’ll see a number of ideas streaming on the app especially in the first one hour. The trend of a stock is usually decided in the first hour post market opening and hence it would be ideal for traders to login and search for bulk opportunities in the morning. As an intraday trader, it’s absolutely crucial that you login and make the trade in the first hour so that you make the most of the movement occurring in the day.

How long and how often do we need to be active on KyaTrade?

Intraday trading is a full-time job! It should not be treated as a quick way to make money. As an intraday trader, it is mandatory for you to dedicate full time to trading on KyaTrade from 9:15 am to 3:30 pm everyday. DO NOT SUBSCRIBE TO OUR INTRADAY PLAN IF YOU CANNOT GIVE FULL TIME TO IT EACH DAY.

How do we find Investment ideas?

The investment ideas generated on KyaTrade are a culmination of the power of SAMCO’s proprietary Giga Trading Engine which processes millions of data points (including price and fundamental data) which is then evaluated by a team of experienced research analysts and market technicians who curate a series of investment ideas on signals for a period of atleast one year.

KyaTrade’s primary objective is to identify opportunities which will have lowest possible risk in every trade and find opportunities with path of least resistance while moving up.

Who is the KyaTrade Investment Plan for?

KyaTrade’s Investment Plan is for anyone who is new to the stock market as well as for seasoned investors.

What logic does the KyaTrade’s Investment Plan operate on?

KyaTrade’s Investment Plan offers recommendations with a medium to long-term view. It operates on a 4:1 reward to risk ratio with a 70% to 80% strike rate. The opportunities expire if the risk-reward equation becomes unfavorable. It is essential you don’t pick and choose and instead invest in all ideas.

What is the minimum capital required for best results from the Investment Plan?

You require a minimum capital of 2,00,000 in order to get the best results from the Investment Subscription Plan.

Should we trade all opportunities recommended on KyaTrade?

Yes. We highly recommend you to trade all ideas given on KyaTrade in order to generate maximum returns. The more trades you make, the higher are your chances to make profits. Trading all opportunities diversifies the risk and increases the chance of good returns.

Should we manually size positions for each trade?

What are subscription charges for Intraday Plan?

Intraday subscription has two plans a monthly plan and an annual plan. Monthly plan comes for 1,500/ month which is 18,000 a year and a annual plan comes for 9,000/year (50% discount)

What are subscription charges for Investment Plan?

Investment subscription has two plans a monthly plan and an annual plan. Monthly plan comes for 1000/ month which is 12,000 a year and an annual plan comes for 6,000/year (50% discount)

What are account opening charges with Samco?

Account opening at Samco is completely free, there are no charges whatsoever.

What are brokerage charges?

Brokerage charges are flat 20 / order across all segments

How to open a Samco account?

To get access to KyaTrade subscription, you need to open a Samco demat and trading account. Opening a samco demat and trading account opening is absolutely free and completely online.

How to subscribe to KyaTrade Plans?

Download the kyatrade app and click on profile button on the top left and choose upgrade plan to subscribe to KyaTrade Investment or Intraday Plans.

Where will I find trading and investing ideas?

Once you login in to KyaTrade with your Samco account credentials, you will start seeing ideas on the dashboard. If you wish to trade, just swipe right and confirm the trade.

How to place a trade?

Once you see an opportunity, simply swipe right if you’d like to initiate a trade. The Kya Trade app is built integrating the StockNote API’s and orders will be placed accordingly. You could also go to StockNote app and place a trade yourself if you’d like to

Where can I check my active positions?

You can check your active positions that is trades taken via KyaTrade App by clicking on the bag icon on the dashboard

Where can I check my past order history?

You can access Past Order history from by clicking the history button on the tip right corner from active positions

Can I try KyaTrade for Free?

KyaTrade offers a starter pack which is as good as free! You can subscribe to each of the plans intraday and investment for Re. 1 only each for the entire first month. To continue using the app after the trial period, you will have to subscribe to the plans with the applicable charges.

How can I cancel my KyaTrade Subscription?

It is as easy as subscribing to KyaTrade.

Open the app
Go to your profile
Click on the “Update Plan” button
At the Bottom of your active plan page click on “Cancel Subscription”
And you are done!

What is the fee refund guarantee?

KyaTrade provides a refund of subscription fees for the Investment Plan to a customer in case he/she has lost money over 100 equal sized trades made via the KyaTrade App in the Investment Plan. It is possible that a few ideas may end up losing money due to market conditions. Hence, 100 trades is taken as a benchmark for ensuring reasonable sample size. Further, the position sizing undertaken by the customer should be equated in nature. Meaning all positions/ideas traded from the KyaTrade app should have more or less similar average investment value with a permissible deviation for 20%. In case customers trade different quantities and hugely different sums on each idea, it is possible that optimal results may not be achieved due to incorrect position sizing. Further, refund shall only be processed if the customer has held the position in terms with recommendations of the research team. In case the customer pre-maturely exits trades, he/she shall be ineligible for the fee refund. In case terms and conditions for refund are met, refund amount shall be calculated and granted assuming the customer has made payment under the annual plan. No refunds shall be processed for Intraday plan.

Is fee refund guarantee applicable for both Intraday and Investment Plans?

No, fee refund guarantee is for Investment Plan only.

Do we get the fee refund guarantee on monthly as well as annual plans?

No, the fee refund guarantee is applicable only to the annual Investment Plan.