New Delhi [India], January 21: Pocketful has recently introduced Pocketful Scalper, a new integrated trading interface for the Indian retail trading market. This feature provides charts, order placement, open positions, and option chains all on a single screen. In the current trading environment, where quick decisions and real-time visibility are crucial, Pocketful Scalper is seen as a practical step towards simplifying the trading workflow for active and intraday traders.
According to industry observers, retail traders often use separate platforms for charting tools, order windows, and option chains, which impacts both time and focus during trading. Pocketful Scalper is designed to address this challenge by providing essential information on a single interface, reducing the need to switch between platforms.
Pocketful Scalper features live charts, integrated order management, and real-time position tracking. It also includes a built-in options chain view for options traders, allowing them to see strike-level data and open interest information all on a single screen.
Pocketful has also integrated the Scalper feature with its Real-Time Stock Screeners. These screeners identify stocks exhibiting price movements or volume activity based on live market data. This reduces the need for traders to manually track the entire market and allows them to focus directly on stocks where trading opportunities are emerging. Selected stocks can be directly opened on the Scalper screen for charting and order placement.
In addition, the platform offers an AI-based support tool called Pocketful GPT. This tool assists traders in understanding market-related concepts, answering trading-related questions, and interpreting data. However, Pocketful GPT is being positioned as a support system, not an automated trading solution. According to industry experts, such AI-based tools can help traders understand information, especially for users who want to gain a deeper understanding of the market.
Pocketful Scalper can also be used with MTF (Margin Trading Facility). This feature allows traders to buy shares worth more than their available capital, with a portion funded by the broker. Pocketful's MTF facility reportedly offers interest rates starting at approximately 5.99%, which is considered low in the current Indian broking space. However, market experts also clarify that leverage involves risk, and the use of MTF should be done judiciously.
The Indian trading technology ecosystem has witnessed rapid changes in recent years. Along with increasing retail participation, there has been a growing demand for platforms that can make trading not only faster but also more controlled and data-driven. Pocketful Scalper, with its real-time screeners and AI-based support tools, is seen as a step in this direction.
Pocketful was founded in 2022 by Sarvam Goel and Rishabh Goel. The platform operates under Pace Stock Broking Services Pvt. Ltd., a company with extensive experience in the Indian capital markets. The company focuses on providing technology-based trading infrastructure for retail traders.
Industry observers believe that with increasing retail participation, the role of platforms that can make trading more organized and data-driven will become even more crucial. Pocketful Scalper is considered a significant step in this direction.
