AKJ trading journal

#12
@Nish broker charge is which charge, i save because of trading in finvesia in place of other broker
other broker charge 20 rs buy side and 20 rs sell side but finvasia charge 0 for buy and sell
my trading cost in total trade costs cell.
my daily loss capacity only 500rs.
 

Nish

Well-Known Member
#14
@Nish broker charge is which charge, i save because of trading in finvesia in place of other broker
other broker charge 20 rs buy side and 20 rs sell side but finvasia charge 0 for buy and sell
my trading cost in total trade costs cell.
my daily loss capacity only 500rs.
your brokerage charges were shown as 2500/- odd , which is even more than your P/L as per your trade diary !
May be I am missing something !
 
#16
your brokerage charges were shown as 2500/- odd , which is even more than your P/L as per your trade diary !
May be I am missing something !
Yeah, it does happen. I say this as I undergo a lean patch myself current year

1670924950368.png


By using Finvasia, he has saved those Brokerage + GST charges.

I am just thankful to have some profit at least in the lean patch.
 

Nish

Well-Known Member
#17
Yeah, it does happen. I say this as I undergo a lean patch myself current year

View attachment 48591

By using Finvasia, he has saved those Brokerage + GST charges.

I am just thankful to have some profit at least in the lean patch.
Your Brokerage must be for Apr 2022 till date, I guess !

OP's Brok charges are only for a few days - IF I read his trade-diary correctly. He has not mentioned the exact period.

I think - if his brokerage is FREE , then *My Brok charges* which HE refers , must be Taxes and other charges .

Anyways, GST should be only 18% on the Brokerage+STT etc amount, I assume !

Only pretext of future hope on behalf of all small traders, in very near future , MOST of the brokers MAY follow , FREE Brokerage model or at least very cheap Monthly Brokerage Plans ! :)
That day is not far away.
 
#18
Your Brokerage must be for Apr 2022 till date, I guess !

OP's Brok charges are only for a few days - IF I read his trade-diary correctly. He has not mentioned the exact period.

I think - if his brokerage is FREE , then *My Brok charges* which HE refers , must be Taxes and other charges .

Anyways, GST should be only 18% on the Brokerage+STT etc amount, I assume !

Only pretext of future hope on behalf of all small traders, in very near future , MOST of the brokers MAY follow , FREE Brokerage model or at least very cheap Monthly Brokerage Plans ! :)
That day is not far away.
I don't think GST is applicable on GST. That would be tax on tax.

https://cleartax.in/s/securities-transaction-tax-stt

I think by "brokerage" he means "cost of trade".

Anyway, let him continue. Just writing a diary makes a trader think and analyse.
 

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