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).

https://www.gyanodhan.com/video/6A.%20ICICIDIRECT/665.%20IciciDirect%20trader%20racer%20part%204%20%28%20Use%20of%20menus%2C%20market%20watch%2C%20account%20balance%2C%20trade%20view%2Cf%26o%2C%20open%29.mp4

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.

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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

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1. Use of Menus

The top menu bar gives you access to all trading functions:

Tip: Hover over any menu for sub-options.

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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.

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3. Account Balance / Funds View

Located under:
Menu → Funds → Limits View / Fund Details

It shows:

• Available margin (cash for trading)

• Used margin (current positions)

• Total margin

• Securities margin (collateral from stocks)

• P&L summary

Tip: Always check before placing large orders or using Margin Plus.

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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.

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Example Workflow:

1. Open Trader Racer

2. Add stocks to Market Watch (e.g., TCS, BANKNIFTY)

3. Check funds available

4. Use Buy/Sell menu or right-click to trade

5. Track status via Order Book

6. Exit trades before 3:15 PM if using intraday/Margin Plus

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Summary Table

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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!