Tradebox: Empowering retail investors to trade easily and smoothly in derivatives

29 May 2023 , 11:01 AM

Overview of Tradebox:

IIFL-Yobee’s Tradebox is a powerful product that aims to make short-term systematic trading in derivatives as easy as buying mutual funds. It caters to both amateur and professional traders, offering a range of features that facilitate effective trading. With short-term duration alternatives such as weekly and monthly trades, Tradebox provides recommendations for options and futures trading. The platform boasts an intuitive 1-click order execution system, enabling seamless and efficient trading. Live monitoring of orders and profits, along with the ability to exit trades anytime, provides traders with real-time insights and control over their investments.

Who is Tradebox for?

IIFL-Yobee’s Tradebox caters to a wide user base: amateur traders, professional traders and long term investors

1. Amateur Traders:

Tradebox is an ideal tool for systematic derivatives trading by amateur traders who are new to the world of derivatives trading. It offers a user-friendly interface and provides handholding and guidance to help trade in derivatives with its professionally created trade boxes. By simplifying the complexities of short-term derivatives trading, Tradebox empowers amateur traders to enter the derivatives trading market with ease.

2.Professional Traders:

For seasoned traders, Tradebox eliminates manual work and minimizes errors during order execution. The platform allows professional traders to focus on strategic decision-making with its professionally created trade boxes rather than getting caught up in manual processes. With Tradebox, professionals can enhance their trading efficiency and maximize their profits.

3. Long Term Investors:

Long-term investors can trade / invest in derivatives for shorter periods of time in trade boxes, based on the market conditions. That way they can limit their losses and potentially benefit from the predefined strategies to beat benchmark returns.

Benefits of Tradebox:

1. Professionally Created Trading Setups:

Tradebox provides professionally created trading setups, saving traders valuable time and effort in market analysis. These setups are designed to optimize the futures & options trading strategies and increase the chances of profitable trades.

2.Simplifies Short-term Derivative Trading:

With its intuitive interface and easy-to-use features, Tradebox simplifies short-term derivative trading. It breaks down complex future & options concepts and presents them in a user-friendly manner, making it accessible to traders of all experience levels.

3. Encourages Disciplined Trading:

Tradebox helps disciplined trading by providing a structured approach to investment decisions. Traders can rely on the platform’s recommendations and trading setups, ensuring that they stick to their strategies and avoid impulsive trading decisions.

4.100% SEBI Compliant & Secure:

IIFL-Yobee’s Tradebox is fully compliant with SEBI (Securities and Exchange Board of India) regulations, thereby ensuring a safe and secure trading experience. Traders can have peace of mind knowing that their investments are protected, and that the platform operates within the regulatory framework.

5. Fast, Intuitive Web App for Mobile, Tablet & Desktop:

Tradebox offers a fast and intuitive web application that is compatible with various devices, including mobile phones, tablets, and desktop computers. This flexibility allows  futures & options traders to access their accounts and make informed decisions on the go, without being tied to a specific device.

How to Interact with Tradebox:

To start leveraging the benefits of IIFL-Yobee’s Tradebox, follow these simple steps:

1.Login to Your IIFL securities account and access Tradebox Account:

2. Explore and Choose a Tradebox:

Once logged in, explore the available Tradeboxes offered by IIFL-Yobee. Each Tradebox represents a unique derivatives trading setup, tailored to specific market conditions and objectives. Take the time to understand the details and choose the Tradebox that aligns with your trading goals.

3. Choose Your Favorite Tradebox:

Once you have identified a Tradebox that resonates with you, mark it as your favorite. This allows you to easily access and monitor the chosen Tradebox’s performance and recommendations.

4. Placing an Order: After selecting a Tradebox, it is time to place an order. Within the Tradebox interface, you will find alternatives and recommendations for trades. Review the available choices and select the trade that suits your trading needs. Tradebox often provides an intuitive 1-click order execution system, making it easy to execute your selected trade.

5. Tracking an Order: Once you have placed an order, Tradebox allows you to track its progress. You can monitor the status of your order, including the execution status, price movements, and any changes in market conditions. Live monitoring tools provide real-time updates, enabling you to stay informed about the performance of your trades.

6. Exiting an Order: At any point, you may decide to exit a trade before its completion. Tradebox allows you to exit orders easily and efficiently. Within the Tradebox interface, you will find options to close or exit your position. Consider market conditions, your trading needs, and any profit or loss you may incur, when deciding whether to exit an order.

Conclusion:

IIFL-Yobee’s Tradebox is transforming the way retail investors trade in Derivatives and seize short-term wealth creation opportunities. By simplifying systematic futures & options trading, IIFL-Tradebox empowers both amateur and professional traders to make informed decisions, enhance efficiency, and optimize profits. With its user-friendly interface, professionally created trading setups, and strict compliance with SEBI regulations, IIFL-Yobee’s Tradebox offers a secure and reliable platform for traders to achieve their goals. Embrace IIFL- Yobee’s Tradebox and take your online trading journey to new heights of success.