Indian Trading League / SAMCO

Does the competition have separate sections for futures and options traders or it is just one section for all ?

Smart_trade

They have a very good video explaining the online account opening process.

https://www.youtube.com/watch?v=ZSx1az03crM

But I didn't see anything about Rs. 200 in there

What is the Indian Trading League ? And what’s in it for you!

The Indian Trading League is India’s first and only Real Market championship where investors and traders will be driven by a single goal – Making your money work harder for you and generating the highest percentage returns in the stock and commodity markets. Investors and traders can trade on leading exchanges like the NSE/BSE/MCX and in the process; compete for the honour of being India’s best trader and investor. The Indian Trading League from time to time will share knowledge, resources and tools to help participants improve their investing and trading experience and do better in the markets. But what is the thought that’s gone in creating the Indian Trading League?

Today every human’s primary goal is making money and it’s been a long proven fact that the markets have been a consistent source for creating wealth for individuals for years. Huge wealth has been created in the Indian stock markets with household names like Asian Paints, HDFC, HDFC Bank, ITC, TCS etc being multi-baggers having multiplied investors money, but Indian’s still have been shy of investing, trading and participating in the markets. One of the primary reasons for the same has been lack of the equity culture and even more, the fear of equities which has obviously been driven by people’s experiences of losing money.

The biggest reason for people having lost money in the markets is the fact that people have been driven by their Dil (Emotions – Greed, Fear and Neighbours Envy) but the reality is that the markets are a dimaag ka maidaan. If people want to make money in the markets, they have to keep their emotions aside and work with method, preparation and discipline. The markets are taking an exam each day and to pass this exam, participants will need to use their brains and keep their emotions aside. The Indian Trading League drives one clear thought - Yeh League Hai Dimaag Ki! If you use method, process and discipline in the markets, not only can you end up earning a reasonable rate of return on your capital but also aspire to be the winner of the Indian Trading League.

Amongst the many benefits, The Indian Trading League has 3 powerful benefits for every participant:

Comparison and Benchmarking:

No matter how well someone plays, at the end of the day, it’s the scoreboard that matters. Today, in the markets, the only benchmark available to investors and traders are the indices (Sensex, Nifty) which may be a true picture of the market overall but do not provide a true picture for the common retail investor whose portfolio often doesn’t replicate the index. The Indian Trading League Leaderboard will become the biggest tool of comparison for the Indian Investors and Traders. It will help them rank themselves in comparison to others and drive them towards excellence in case they’re falling behind. You will be able to check your rankings in your Back Office dashboard and also check the Leaderboard on the Indian Trading league website.

Cost Savings by reducing the biggest cost in the markets - Brokerage:

Today, an average investor ends up paying 8%-10% of his capital per annum in brokerage. The Indian Trading League through its execution broker SAMCO Securities offers flat fee discount brokerage at only Rs. 20/order – irrespective of the order size – Rs. 10,000 or Rs. 10 Crores. This brokerage will result in huge cost savings for all participants and will be the same across all segments – Equities, Equity Derivatives, Currency Derivatives, Options and Commodity Derivatives. The segment wise brokerage structure can be found here. This reduction in cost will result in increasing the profits of the participants.

Weekly, Monthly, Quarterly and Annual Prizes:

The winner of the Indian Trading League will win a reward of Rs. 1 crore in addition to becoming a fund manager with 1 million dollars of corpus of the Administrators Proprietary Money. In addition, they will also win the coveted title of being India’s smartest trader and investor. Participants will be rewarded in different time formats - Weekly, Monthly, Quarterly and Annually. A detailed league wise prize list can be found here.

To sign up and begin participating in the League, you shall be required to open an account with the execution broker SAMCO. Once your documents are received and your account is opened, you can begin trading and getting your ranks.
Yours sincerely,
The Indian Trading League Team

Got an email about ITL.

equity, derivatives, currency , all type in traders league , intraday & positional both. so one section for these type.
other two sections are commodity and investors league.
women's league too.

Greed-Feed-Need ...............Yubraj jaisa halat hoga sabka.......avoid this league

ha..ha..I am serial looser in straight six zerodha 60 day challenges. Zerodha 60 day challenge in anyway didn't motivate me because being profitable was never appealing for me and in result of that eventually I lost all the 6 Zerodha 60 day challenges.

I am still trying to make a nice living, not a meagre living, through the trading.

But this ITL competition really a great motivation for me to bring up all the lessons learnt and with a narrowed I focus, If I fierce into this competition, I will do very well. Let us see. :thumb:

My reply like this ITL=HARAKIRI=TRADERS...........I refer to ST for briefing......because I am fraud Trader

My take on this is competition by itself is not bad. If someone plays with the view to measure his performance against others but withing his method and risk parameters...it could be a great competitive excercise. One should trade it like one would in real trading and not thinking Rs 25,000-50,000 to hai...bada danv lagate hain...is paar ya us paar.

But above is ideal situation. In practice most will trade racklessly, overtrade, huge leverage and suffer losses. So the traders need to participate responsibly.

If one does not win rs 1 Cr...but if one learns how to trade and make say 150-200 % returns per year still it is good....crores can be made once we start making consistant money. Crores are not going to be far away ....

Smart_trade