Dailyprofitsindia.com

trader31339 · #1 13th October 2007, 08:53 PM

www.dailyprofitsindia.com

I have started this thread to start an active discussion on the above site.

Does any one have an experience with this site or have taken the course mentioned on the site , or has got the course material mentioned on the site ?

Please reply,
thanks in advance.

Please visit the site and give your feedback .

renu daga · #2 13th October 2007, 09:07 PM

hi
trader

i had heard of this site before.. and have gone through the site. toomuch comlicated it is loking , secondly a gurantee of1000 daily,,by investing 20000 ,,which i think can everyone do, but it sure can be but at time smay not be also,..

if u fetch more details of it inform me soon,, well i ahve one of my friend staying at AP,, dont recall now, but as soon as i getanything reagrding it will inform u..

looking forward to go for this course

renu

munde_77 · #3 14th October 2007, 12:28 AM

Very interesting....Something may be fishy...not sure. But worth trying ...Rs998 maximum risk.

Would like to hear such websites...............

Could anyone tell me where we can lear day trading from profession day traders.............

Any other such sites. please let us know

aabhi06 · #4 14th October 2007, 10:58 AM

It is very interesting, thanx.

trader31339 · #5 14th October 2007, 11:57 AM

One of our fellow members kgsirasangi has gone through the site and has highlighted two important points made on the site in his following post . LINK.

Out of the two points highlighted by kgsirasangi the point of TURNOVER PROFITS is really important .I request fellow members to go through the website and read the TURNOVER PROFITS point and post their views.

By the waY under TURNOVER PROFITS its wriiten that :
In Day trading now you can earn turnover profits on your trading volume irrespective of whether you earn profit or loss in your trades. On average you can earn a sum of Rs.71.50/- (Rupees Seventy One and Paise 50 only) as turnover profit on every Rupees One Lakh worth trading volume. You will earn this turnover profit in addition to your actual profit on every trade. In case, even if you incur loss on a trade, then also you will earn this turnover profit on your trading volume. You will earn this turnover profit on every trade depending on your trading volume (at the rate of Rs.71.50/- on every worth one lakh worth trade) irrespective of whether you earn profit or loss on that trade just like 'securities transaction tax' which you pay to the government on every trade irrespective of earning profit or loss.

Please read the TURNOVER PROFIT point on the site for full information.

kgsirasangi · #6 15th October 2007, 06:32 PM

trader31339,

Turnover profits and low brokerage charges mentioned in their web site are very attractive. If somebody gets these informations and shares, it would be very helpful.

munde_77 · #7 15th October 2007, 07:35 PM

Quote:

Originally Posted by kgsirasangi

trader31339,

Turnover profits and low brokerage charges mentioned in their web site are very attractive. If somebody gets these informations and shares, it would be very helpful.

Turnover profits mean , they will give the names of brokers such as reliance money and rk global ....their brokerage is very low.
That means even if you incurr loss you would save some amount of money as brokerages and service tax etc if you trade through these brokers.
It is simple. Their brokerage is low and do not have to pay high brokerages

kgsirasangi · #8 15th October 2007, 10:57 PM

munde_77,

In the above web site, turnover profits and low brokerage charges are given as two separate points.

Your answer fits ok as far as low brokerage charges are concerned.

Turnover profits, at the rate of Rs.71.50/- on every worth one lakh worth trade, irrespective of whether you earn profit or loss on that trade just like 'securities transaction tax' which you pay to the government on every trade irrespective of earning profit or loss, ---- as mentioned in above website, seems to be a different point.

It would be worthwhile to know what exactly is 'Turnover profits' and how to get it

CreditViolet · #9 16th October 2007, 06:56 AM

Man, those claims sound really far-fetched!

kgsirasangi · #10 16th October 2007, 07:42 AM

Quote:

Originally Posted by CreditViolet

Man, those claims sound really far-fetched!

Thank you for your response.