Full-time traders from Chennai?

marimuthu13

Well-Known Member
Anybody from tamilnadu trading NF /BNF intraday with break even less than 2 points ??/ Because of Stamp duty of 0.06% for F&O in tamil nadu, my breakeven goes above 3 points in NF , 6 points in BNF..

so only for brokerage+charges i have to gain around 120 points in NF and 240 points in BNF assuming 2 trades per day, apart from this there is slippages while placing SL-M for exit order...

Is it really worth to trade INDEX Futures or F&O in NSE ???

PS
I trade crudeoil with only just .5 point breakeven as there is no stamp duty for crude oil..
 

pannet1

Well-Known Member
I don’t understand why the topic is full time traders from Chennai. What’s so special about chennai.
the thread strarter our friend @mindgames wanted to meet people really. so we got to meet each other at regular intervals. So if someone is located in Mumbai, its not possible to meet during weekend. right. He is located in Chennai that time,thats why Chennai is special for him
 

Similar threads