ICICIDIRECT trader racer part 4 ( Use of menus, market watch, account balance, trade view open).
ICICIDIRECT trader racer part 4 ( Use of menus, market watch, account balance, trade view open).
Here’s a clear and simple guide for ICICIDirect Trader Racer – Part 4:
Using Menus, Market Watch, Account Balance, and Trade View (Open)
This is helpful for new traders or GATE aspirants exploring financial markets.
Contents
📲 ICICIDirect Trader Racer – Part 4: Key Features Explained
🛠️ Platform: Trader Racer (Web/PC Version)
🎯 Focus: Trading efficiency and fast market access
🧠 Audience: Beginner to Intermediate traders
📁 1. Use of Menus
The top menu bar gives you access to all trading functions:
Menu Option | Function |
---|---|
🔍 Market | View indices, gainers/losers, F&O data |
💼 Trade | Place Buy/Sell orders, view order book |
👁️ Watchlist | Create custom market watch lists |
📈 Charts | View technical charts with indicators |
📝 Reports | Access trade book, portfolio, P&L statements |
🔄 Funds | Add/withdraw funds, view margin |
⚙️ Settings | Customize layout, themes, preferences |
✅ Tip: Hover over any menu for sub-options.
📊 2. Market Watch
This is the live dashboard where you track stock prices.
🔹 Features:
-
Add stock symbols (e.g., INFY, RELIANCE, NIFTY 50)
-
See Last Traded Price (LTP), % Change, Volume
-
Color-coded price movement (green = up, red = down)
-
Right-click for quick actions like Buy/Sell, Charts, Order Entry
✅ Tip: Create multiple watchlists – one for stocks, one for options, etc.
💰 3. Account Balance / Funds View
Located under:
Menu → Funds → Limits View / Fund Details
🔹 It shows:
-
Available margin (cash for trading)
-
Used margin (current positions)
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Total margin
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Securities margin (collateral from stocks)
-
P&L summary
✅ Tip: Always check before placing large orders or using Margin Plus.
📃 4. Trade View – Open Orders
Use this to track open positions and active orders:
🔹 Access via:
Menu → Trade → Order Book / Position Book
You can:
-
Modify/cancel open orders
-
See pending, executed, or failed trades
-
Monitor real-time P&L of intraday or delivery trades
✅ Tip: Use Trade View → Position Book during intraday to quick square-off positions.
🧭 Example Workflow:
-
Open Trader Racer
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Add stocks to Market Watch (e.g., TCS, BANKNIFTY)
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Check funds available
-
Use Buy/Sell menu or right-click to trade
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Track status via Order Book
-
Exit trades before 3:15 PM if using intraday/Margin Plus
✅ Summary Table
Feature | Use Case | Where to Find |
---|---|---|
Menus | Access all tools | Top navigation bar |
Market Watch | Monitor live stocks | Watchlist section |
Account Balance | Know funds/margin | Menu → Funds |
Trade View | Track orders & open trades | Menu → Trade → Order Book |
Would you like:
-
A step-by-step visual guide (PDF)?
-
Video script for a tutorial?
-
Part 5: Using Charts and Technical Indicators?
Let me know how I can help further!