This answer may sound rude but the only way to save brokerage is by trading wisely and patiently. Most of the persons who pay brokerage are due to multiple orders placed by them. Most traders are unsure of taking a positional trade and they keep executing orders because they are unsure if you want hold or sell.
This happens the most in futures and options where traders keep taking positions and selling at a lower margin due to fear of losing money . They take positions again thinking they will earn and in next five minutes they tend to sell again.
So, My advise is to make up the mind first weather to hold or give up and then place single order.
Also, Avoid placing multiple orders with single lot as brokerage is calculated per order and not per lot.
you can also avoid cover orders and bracket as it executes three orders at the very same time or at least two orders.
Also, keep higher stop losses as at times stop losses get triggered very soon. Don’t just places orders and stop losses based on expert opinions as 80% of volume happens based on preplanned strategies and it does not matter what any expert advised that day.
There is no other way to reduce brokerage further then what zerodha is offering except other then trading with discipline.
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