What is Scalper mode and how do I use it?

The Scalper feature in the Rupeezy Mobile App is built for speed and efficiency, allowing traders to place quick buy or sell orders with just a single tap. Ideal for high-frequency intraday traders, it enables fast execution of option trades without navigating through detailed order forms.

How to Use Scalper

  1. Open the Chart

    • Launch the chart of any index (e.g., Nifty, BankNifty, Sensex) from the app.
  2. Access Scalper Panel

    • Pull up the draggable bottom sheet at the bottom of the chart.
    • Tap on the ‘Scalper’ tab to activate the tool.
  3. Configure Trade Parameters

    • Select your Index (Nifty, BankNifty, Sensex, etc.)
    • Adjust the Strike Price you want to trade
    • Choose the desired Expiry Date
    • Select the Option Type: CE (Call) or PE (Put)
  4. Place Orders Instantly

    • Tap “Buy” to place a market buy order
    • Tap “Sell” to place a market sell order

    Orders are executed immediately as market orders in the Intraday segment.

  5. Track Open Positions

    • Switch to the “Positions” tab (next to Scalper tab) to monitor your open trades and live P&L.

Important Notes

  • All orders are placed as market orders under the Intraday product.
  • Orders are executed instantly. Please ensure all trade parameters (index, strike, expiry, type) are correctly set before tapping Buy/Sell.
  • Displayed margin is indicative only. It is the user’s responsibility to ensure sufficient balance and margin availability for successful execution.