nac Calling JOBBERS/SCALPERS

Is it? I don't think that naming our broker is against forum rules. Ok, fine the information you have given is enough.

About brokerage, you said that two years back you had to pay more i.e. Rs. 50/- per crore and now you are paying Rs. 300/- per crore. Then it should be higher than before.(or its wrongly entered Rs. 50/- instead of Rs. 500/-).

So you are into commodity jobbing??? Got any experience in capital market?(jobbing) and the above brokerage is for commodity not for cash market, am i right?

You are paying 30-40 grand a month as brokerage. ooooohhhhh I can't even able to think about it. Its tooooo much for me. I can't really afford that.

I am not very sure of the forum rules..... am working with bezel stock brokers these days.
as I said earlier , when u r doing a high turnover, u have to calculate on the basis of what u r ultimately paying 2 ur broker.
when I was paying 50 rs. per crore in commodities, my turnover was upwards of 3000 crore per month, therefore my brokerage outflow was 50*3000= 150000 pm.
2 yrs back I was paying 300 rs per crore in nse cash mkt where my turnover was around 400 crore pm, hence my brokerage outflow was 300*400= 120000 pm
now I am stll paying 300 rs pm in nse cash where my turnover is around 100 crore pm
therefore, now I am paying 100*300= 30000 pm.
now u can see that although 50 is lesser than 300, my net outflow of brokerage was more at that time.

Yes, now I understood Rs. 50/- was higher than the present brokerage Rs. 300/-. I am far far far far away from your turnover. I guess, I should not think about it in early days of jobbing.
Its good to hear that you got experience in both the markets (Commodity and Capital). Up to my knowledge your brokerage is one of the best I have ever heard.

Thank you so much for sharing your experience. You are the only one have come up and shared your experience. I don't know whether there are no other jobbers or scalpers in TJ forum or I ain't deserved to get valuable inputs from them. This thread is just a day old, probably I would get some more. Let see...

Hi Anurag,
i'm a professionally trained jobber cum arbitrageur ...can i hav ur email id???need to share certain things...r u from mumbai???

While you are waiting for his mail id, you can comment on query I raised. That would really be helpful, I believe.

I am from trichy where we can get training for jobber i am planning work as jobber in mcx if you can give details will help me a lot.sivak2005 at g m i l Dotcom

siva

I don't know anyone gives training for jobbing. But I am sure there are companies, its just I don't know any...

Just try this,
Search(Google) for company/firm, may be proprietary trading firm who are looking for fresh candidates (jobber/arbitrageur). Post your resume in their website or send it to their mail id. You may get an offer from one (atleast). If you still wanna get training by paying some money, then its up to you. Even in this case you can google it and get the result. There are always plus and minus in both the sides. I don't which one would be better whether to employ in a trading firm or joining in an institution to get trained.

All the best :thumb:

Trading started with little nervousness and trading was slow today. I don't know exactly, why? Started picking small movements and gaining slow. Took a small break after two hours of trading. When I resumed after a while, I thought about the other day what happened after this small break.

I traded carefully, and I was successfully executing jobbing but with little nervousness. But towards the end of the trading day again that attitude came, I entered with bigger size, averaged the position... Stock was pretty slow I hold that position for about 30 minutes and got out @ break even. I don't wanna hold my losses. But my attitude sometimes got stuck at one point and started holding and averaging the position. I should say that luckily I end up in profit. But it ain't satisfies me with the style I traded. I would have end up in loss or lost half of my profit in that position.

Moral of the day: Don't increase your order size suddenly and don't average your position when things are going bad.
Don't trade PUNJLLOYD for sometime. This is the stock, I am getting screwed with my trades. I guess, I am not good at sensing its pulse.

I covered around 2% today. Still 4% of loss to cover and other charges I paid already for software and as upfront brokerage i.e. 5%. Total of 9% yet to reach break-even. Let how long this takes to reach that point. Hoping before this week ends.

Hello!!! Are there any jobbers/scalpers??? :sos::sos:

hi ddk
I am frm Delhi. it seems ur pm is not on and I cannot post my mail Id here acc. 2 the forum rules.

regards

Anurag

Dear nac,why don't you try tatamotors for your jobbing?