Frequently Asked Questions (FAQ)
FAQ (Dozen Diamonds Company, Product & Joining)
Query & Answers
1. Dozen Diamonds Company
a. What is Dozen Diamonds?
- Dozen Diamonds Company is the Worlds first Equity Investment Platform, automating the Stressless Trading Method (STM) to earn Extra Cash for Investor at every Trade Order.
- It uses a truly mathematically prediction-less strategy that any investor can understand and trust.
b. Where are the Company’s Offices?
- Dozen Diamonds has presence in Atlanta, USA and also has Offices in India at Nashik, Nagpur and Gandhinagar.
- Registered Office is in Nashik and address is: FL No 10 Pink Rose Soc Garden Estate K J Mehta School Nashik Maharashtra - 422101
- Operations are conducted from Nagpur.
c. Who is the CEO?
Dr. Prateek Aggarwal, Ph.D. is the CEO and Chief Scientist.
d. Who are the Directors of Dozen Diamonds?
Directors of the Dozen Diamonds India Private Limited are Dheeraj Kaushik & Shashi Sushilkumar Aggarwal
e. When was Company incorporated?
The incorporation date of Dozen Diamonds India Private Limited is 19 April, 2023.
f. What is the CIN number of Dozen Diamonds India Private Limited?
The CIN number of Dozen Diamonds India Private Limited is U62099MH2023PTC401121.
g. How many Employees are there in Company?
Total of 35 employees are working in Dozen Diamonds.
h. Do you have plans to setup Office in Metro Cities?
As Company grows, plans are there to setup Offices strategically in Multiple cities to meet the goals of Companies Vision statement.
2. Dozen Diamonds Product
a. What are Companies Product?
Stressless Trading Method (STM) is the first flagship product of the Company. It is an automated trading platform in Equity stock market.
b. What are the advantages of STM?
- STM is stressless for every Investor since it is fully automated.
- Provides extra cash in Investors account which provides consistent cash flow for his monthly use. Extra cash grows with every trade order.
- It is a prediction-less strategy
- Strategy is clear to understand for every Investor.
- Investor can build trust by understanding simple mathematical strategy
- Investor can sit peacefully analysing his portfolio without spending time predicting the market.
- Strategies are truly transparent to understand unlike the Black boxes used by other Automated platforms.
c. How does STM functions?
To understand the details of STM we request you as an Investor to sign up for the Webinar. In the Webinar our unique product details will be explained to you. Please Login in to https://dozendiamonds.com/ to register for webinar.
d. In addition to STM any other products are available?
- to build credit scores that are based in financial habits rather than financial status.
- to introduce tools that enable financial planning around living better lives rather than accumulating more wealth.
e. What Trading Strategy is used by DD?
- First Investor selects the Stock
- Investor allots the Amount assigned for the Stock
- Based on the current Stock price, a Lumpsum Initial buy quantity of the Stock is purchased. The amount spend would be around 50 to 70% of the amount assigned for the stock.
- The balance amount left will be used to purchase the stocks when the stock price drops by a predefined step value. At every fall of predefined stock price a predefined stock quantity of same stock is purchased. The trading strategy is designed in such way that the purchase of stock happens till stock price reaches zero when all the assigned amount is spend for the purchase of this stock.
Similarly when the stock price rises by that same predefined step value, same predefined stock quantity of same stock is sold. This selling of stock wil carry on till the target price is reached when all the stocks available are sold out completely.
Investor needs to do 4 selections to create Ladder and on activating the Ladder investment is trigerred and automatic trading happens stresslessly as the market goes up an down.
We suggest every investor to attend the Webinar where our unique product details will be explained to you. Please Login in to https://dozendiamonds.com/ to register for webinar.
f. Will Investor have to do daily trades or it will be automated?
3. Joining Dozen Diamonds
a. How can an Investor Join?
Investors looking for getting decent returns on Investment can join by understanding the Companies Business Presentation
b. Where can Investor find Business Presentation?
Presentations are arranged regularly by the Company. Any Investor can register and attend for the Presentation, the schedule for which are displayed on Company Web site.
c. What are the pre-conditions for joining DD?
Investors who have attended the presentation and are interested to invest money shall Complete the joining Formality such as Opening a Demat account with one of the designated Brokers, register at web site of DD, e sign Contract agreement with DD, Add Funds for investment.
d. Any knowledge of Finance is required for Investors?
Since the Money shall be invested in Stock market, it is expected that basic knowledge of stock market is to be known by the Investor.
e. How much amount needs to be invested?
During the Webinar an Investor shall be informed about the minimum amount of Investment to be done. There is no limit on maximum amount for investment.
f. What are the returns on Investment?
Investors while attending the Webinar shall be taken through the case papers of returns obtained over past several Years.
Investors can generate extra cash, which can be withdrawn at every month. Those Investors who want to reinvest extra cash can do so by reinvesting options.
g. What are the benefits of Investing in DD?
DD specialises in Stressless Trading method, a unique concept which gives higher advantage to Investors together with control and monitoring of the Investments.
h. DD Provides guarantee on return?
DD always gives extra cash on the amount invested. However, the amount of extra cash will depend on the Market performance which is not predictable.
i. What is the procedure for doing Investment?
Investors will be guided by DD Customer Care team called Relationship Manager for doing the Investment. Investor needs to download and install the DD App in their Mobile device and carry the Registration process. Your Relationship Manager shall guide you through the entire process in a seamless and stress-free manner. Proper Videos and Guides are also available for smart investors who want to do it for themselves.
j. In addition to Mobile app is their web-based access to do investment?
Company has introduced Mobile app for customers to make investment. In near future Company is planning to bring web-based access for Customers use.
k. When can an Investor exit from the Contract?
Investor can exit from Investment safely on his own by stopping the Automated trading. Your Relationship manager will help you in safely exiting the Investment strategy if you are facing difficulty.
m. How can I monitor my investment?
n. I don’t know how to do analysis of performance of Investment?
o. How can I get Mobile App?
p. What is Extra cash?
q. Why do you call Stressless Trading?
r. What is the return on investment?
s. Who can invest in Dozen Diamonds?
Investors who do not have time to analyse the market daily for doing manual or even automated trades are most suitable to get benefits by our Strategy. Do investment strategy once and thereafter just analyse the portfolio and get extra cash.
t. What are the fees to be paid by Investor to Dozen Diamonds?
u. Where are Investors funds deposited?
v. Investors personal and financial information are secured on your platform?
w. What markets or assets can I trade on your platform?
x. Are there any information and videos to configure and use the Mobile App?
4. STM
1. What is STM?
2. Why aren't you using my all capital during the first entry of trade?
3. What tools or indicators are recommended for this method?
4. How does STM reduce stress?
5. Is STM same as averaging?
6. Is STM same as pyramiding?
7. How long is the trading cycle?
8. What is the Leverage and margin you will be using per trade as per STM?
9. What is the minimum and maximum capital I can trade with?
10. Can STM be used for Intraday trading?
11. Are we going to trade with Stop Loss?
12. What impact will it create to trade without stoploss?
13. How long will it take to recover my loss, If my portfolio draws down to 50% loss?
14. What are the performance metrics in your strategy?
15. Extra Cash is coming from where?
16. What is the difference between extra cash and profit?
17. If market goes down then the extra cash generated or not?
18. Won't a standard MF SIP also work in similar philosophy?
19. Will this also work for derivative market?
20. For the investment value of Rs. 5L, how many stocks (ladder) can I set up in strategy?
21. In case when stock price value drops suddenly (in multiples of step size) will all the multiple trades be executed in series?
22. Is there any manual intervention provided for making manual trades?
23. The default minimum price is at zero. Please explain are there any advantages of increasing the min. draw down price from zero.
24. How does this strategy compare to traditional buy and hold investing ?
25. What if the market remains very stable with minimal movement?
26. Are tax deductions directly related to extra cash or profit?
27. What Market conditions are most favourable for STM?
28. How do you identify entry points using STM?
29. What are the expected returns through STM?
30. Can I see historical data of STM?
31. What is maximum Draw Down?
32. Who is this method best suited for?
33. What types of markets is this method effective in?
5. How To Create Ladder
1. Back-tested stocks/ETF’ s recommended on the app comprises of how many years’ of back-tested data?
It comprises of 6 months of back-tested data.
2. Initial Buy price is fixed and not changeable. Can we have option to vary this price?
There is an option available to change the Initial Buy Price.
3. If initial buy happens at market price value, which is different from the value shown in the present screen on App, will other calculated Ladder parameters change?
Yes, they will be updated accordingly.
4. What is FLOOR mentioned in the formula for buy quantity?
It’s a method of converting decimal numbers into integers as buy qty. need to be an integer all the time.
5. Can we select stocks from BSE or NSE?
Yes, you can select stocks from BSE as well as NSE
6. Where can we modify the Ladder after it is activated and operational?
There is a modifying option available in the ladder space where you can modify it.
7. How many stocks can I select to create a ladder at a time?
Creation of ladder depends on the unallocated cash that you will be having in your account. You can create as many ladders as your cash allows you to create as per the calculations of ladders.
8. Can I allocate cash as per my wish or unequally among selected stocks?
Yes, if you are having enough cash that after maintaining the min. requirement of cash to create ladder you can invest the extra amount in any of the selected stocks as per your preference.
9. What is target price multiplier and how it will impact my trades?
Target price multiplier just indicates the multiples in which you can have your target price according to the current price of your stocks. Target price multiplier is directly proportional to the initial buy cash. Once you increase the multiplier the initial buy cash will also increase.
10. What will be the impact of changing target price on Target price multiplier or vice versa?
Target price multiplier just indicates the multiples in which you can have your target price according to the current price of your stocks and automatically adjust the target price according to the multiplier. Whereas Target price shows the Target price you can set directly according to the current price of the stock.
11. How is initial buy calculated?
Basically the ideology behind calculating the initial buy cash is to use 50-80% of your cash to make the initial investment, fostering the fact that price may do down and at that time we can use the remaining cash to buy accordingly in the market. The formula for calculating the initial buy is shown in the app.
12. Can I change the Initial buy qty.? If not, Why? trade without stop-loss?
The initial buy qty. is subjected to the initial buy cash that we have calculated first as per the formula shown in the app. Changing the initial qty. will change the entire calculation and will lead to incorrect way of assigning the initial cash to the ladder thereby impacting the other metrics of the ladder. The app does provide the range between which the initial buy can be set and the range is pretty narrow.
13. Can I wait for the Initial buy price to get lower so that I can buy at a lower price?
STM strategy aims to reduce the stress caused while trading. The process of analysing any stock to get its lower point to enter the trade also causes stress among the traders questioning themselves as if it is the correct low or the price will go lower, Making the traders wait and lose the opportunity that they are having at present time. What if the price would not go lower than the current price. Hence STM aims to reduce such happenings by providing a way to directly take an action rather than waiting and take benefit from every opportunity that will come in the market.
14. What is step size?
Step Size indicates the no. of steps that the price of your selected stocks will take to reach the target..
15. Can I change the step size as per my wish, and if not why?
Yes, you can select the step size according to you but it should not vary much as per the standard step size suggested by the app. The app suggests the optimal step size to generate the max no of extra cash using historical data but still gives you the option to set your own step size.
16. What is the merging of two ladder?
Two ladders that belong to same stock would have different step size, order size, target, stocks remaining, cash needed. You may decide combine the two ladders in a single ladder so that the buying and selling of the stocks and similar behaviour as the two ladders. This task can be achieved by merging a two ladder into single ladder and calculated new order size and step size of the new ladder.
17. I have already invested some amount in the equity shares, can I make ladder there? Or do I first need to exit from that trade?
Dozen Diamonds will provide a mechanism to convert a non ladder portfolio into a ladder portfolio.
18. If we delete ladder so cash is automatically deposited in account with proper calculation?
Yes, the money will move into the unallocated cash.
19. How will app handle the initial buy if the price is continuously rising and my initial buy is not filled?
The app will automatically raise the initial buy price each time when price rises by one step above the initially select buy price. But If you choose not to let initial buy price rise then the price not be updated.
Data Science team in DD is working to evaluate this option.
6. Settings of the KOSH app
1. How to locate settings?
Click on menu bar at top left corner. In menu bar you can find settings option.
2. What is difference between simulation trading and Real time trading?
Simulation trading allows user to practice trading without risking real money. User can use paper cash (which is not real money) and also can simulate market conditions and prices. This option allows users to test trading strategy without using real money. We can see how strategy works or perform.
Real time trading is involving use of real capital, where any trading decision could lead to capital loss or appreciation, making risk management crucial.
3. Difference between Easy, Detailed and custom type in creating Ladder options?
There are two ways in which you can create a ladder in KOSH app:
- Detailed version - This one comprises of the detailed method of creating ladder. Where after selecting a stock and assigning cash, you will be creating the ladder in 3 different steps one by one to select the 3 different parameters of the ladder. You will get to see the detailed description as well as the formula used in calculating each of the Parameters.
- Easy Version: This is another method of creating ladder. In this way you will only be selecting 3 different parameters of the ladder in a single step after selecting stocks and assigning cash to the selected stock.
- Custom Type: we have both options easy and detailed.
4. What is the process of linking customers’ existing demat account with Dozen Diamonds?
There is a set process for every broker. This process has to be followed for every customer. Enter all needed details and then you are able to link with your broker.
5. Broker integration process with Dozen Diamonds is similar for all brokers?
No, each broker has a different procedure for linking the demat account with Dozen Diamonds. Customer care team will assist in linking the demat account with Dozen Diamonds.
6. What is broker's role in automated trading?
Broker facilitates the execution of trades in financial markets. For automated trading, brokers provide APIs (Application Programming Interfaces) that allow trading software to interact with their systems.
7. What is API trading?
API trading allows to connect trading software to a broker's platform to automate trade execution, fetch market data, or manage your portfolio.
8. What if I encounter problems with a broker?
Contact broker customer support Team. Ticket generation option is also available at brokers platform.
9. What is execution speed, and why is it important?
Execution speed measures how quickly broker processes orders. Faster speeds reduce slippage, especially in volatile markets. As we are having an automated trading platform to run the STM, the strategy derived from the mathematical calculations, it is very important to make sure that all the trades get executed at the calculated values.
10. Can I use multiple brokers?
Yes, you can use multiple brokers which are integrated by the Dozen Diamonds.
11. Can I use a broker from another country?
No, for trading in India, we are currently only working with Indian brokers.
12. Can I trade in international markets through my broker?
No
13. Any tollfree number of customer care is provided?
No. In setting you got customer care page in which you can get help from Dozen Diamonds through email.
14. What will happen if customer switch to USA option?
The currency and stock exchange will be changed.
15. Where can we see all the formulas used in App?
Formulas used in App. can be watched in settings options in Menu bar.
16. What is subscription?
Subscription is a pricing model where customers pay a recurring fee at regular intervals. Generally monthly or annual fees are payable, to access an algo trading on Kosh app.
17. What is the payment mode to pay subscription charges?
You are able to use Online modes like UPI, debit card and credit card, etc for making subscription charges.
18. Subscription charges are inclusive of taxes and levies?
Subscription charges include all charges, taxes, duties and levies.
19. What is subscription cycle- month wise or date wise?
Subscription charges are Month wise (1000 INR)
20. How do I cancel my subscription?
Go to my profile in subscription section and there you can cancel the subscription.
21. Will I get charged after cancelling my subscription?
No, there is no charge after the subscription is cancelled.
22. Will I get refund if I cancel my subscription in between the cycle?
No, After the subscription amount has been paid, it will not be refundable.
23. How can I check my billing history?
In my profile section you can see your billing history.
24. What happens if my payment fails?
Razor Pay will return the deducted money within 7 days.
25. What is auto renewal and is it available in the App?
Autorenewal is a service that automatically renews a subscription or service plan at the end of a billing period. Yes auto-renewal is available
26. Can I get notification or reminder if my date of subscription is near?
Yes, you will get notification or reminder for it.
27. What will happen if I cannot able to pay the subscription charges? In that case what would be the status of my algo trading account?
Some grace period will be given for customer to pay subscription.
28. Where are my profile details?
In my profile.
7. Simulation
1. What is simulation with paper trading in the Kosh app?
2. How is simulation different from real trading?
3. Do I need real money to use the simulation feature?
4. Where can I find the simulation feature in the app?
5. How much paper cash do I start with?
6. Can I add more paper cash?
7. How do I simulate price movements?
- Use the green arrow (↑) to increase the stock price.
- Use the red arrow (↓) to decrease the stock price.
8. What happens when I increase or decrease the stock price?
- If the price increases, sell orders are triggered based on your ladder setup.
- If the price decreases, new buy opportunities appear according to the ladder strategy and buy order triggered
9. Where can I see the impact of price simulation?
10. How do I track the execution details of my trades?
11. Can I deactivate my ladder after activation?
12. Can I reset the simulation and start over?
13. What should I do if I encounter an issue in simulation mode?
14. How do I switch between different trading modes in the Kosh app?
- Simulation with Paper Trading (virtual money)
- Real-Time Paper Trading (simulating real market conditions)
15. Can I use simulation and real trading at the same time?
16. Will my simulation data be lost if I log out?
17. Can I reset my paper cash balance?
18. Will I lose my added paper cash if I restart the app?
19. Can I withdraw paper cash like real money?
20. What happens if I don’t manually simulate the price movement?
21. Does the Kosh app automatically execute trades based on my ladder setup?
22. What should I do if my ladder is not executing trades in simulation?
- Ensure you have assigned sufficient paper cash.
- Check if the simulated price has reached the order levels.
- Restart the app if the issue persists.