FAQ
Common questions
Approve on phone, paper practice, brokers, and Pro — straight answers. TAP is defined here once.
StockMyWealth is rules-based trading software for NSE positional and swing traders. You can build or use strategies, backtest them, scan watchlists, review risk, and approve broker orders from your phone where enabled.
No. StockMyWealth is not a SEBI-registered investment adviser, research analyst, or portfolio manager. It is rules-based trading software, not investment advice.
TAP is our name for one Approve press on your phone. Until you Approve, nothing goes to your broker. After you Approve, the approved ticket can be sent for execution where broker placement is enabled.
No. StockMyWealth is not a stock-call channel. Scan results come from the strategy rules you select or build. They are not stock recommendations.
Yes. You can create your own rules and use them for testing and paper scanning. Live use of user-authored strategies is subject to current product eligibility.
Yes. You can backtest a strategy on the web desk. A backtest is a simulation, not a forecast of future results. Free includes five backtests a day; Pro adds unlimited backtests on web.
You run each scan on your watchlist. StockMyWealth checks those symbols against the strategy you enabled. Scans do not run on a schedule.
Shield is the risk-checking step before approval. It checks the order ticket against your risk rules, position size, exposure, and other configured constraints. Shield does not eliminate market risk or guarantee a maximum loss.
No. A broker order requires explicit approval before execution. StockMyWealth does not run unattended auto-trading.
Yes. Paper trading lets you run the workflow without placing a live broker order. Paper activity is simulated and is not live trading.
Not currently. User-authored strategies can be used for paper scanning and testing. Live use is subject to current product eligibility.
Supported broker connections depend on the current product and eligibility conditions. Where enabled, an approved ticket can be sent to the connected broker for execution.
No. Your funds remain with your broker. StockMyWealth is software, not a broker.
Pro is ₹299 a month. It adds unlimited backtests, Strategy Lab compare, CSV export, broker connect, and mobile Approve where enabled. Free remains ₹0 a month with five backtests a day. Pro does not automatically unlock live trading.
Build your strategies. Scan your watchlist. Stay in control.
Run the scan. Review the ticket. Approve when you're ready.
No Approve, no order.