Any idea to save something from this

#3
currently iam using one of the discount broker
who charges 20 per trade for futures and 0.01%(1000 per crore) for equity
iam trading in equity only and not in futures
 

travi

Well-Known Member
#4
currently iam using one of the discount broker
who charges 20 per trade for futures and 0.01%(1000 per crore) for equity
iam trading in equity only and not in futures
I don't think this is a broker problem.
You're taking very small profits.

It could be scalping
This scenario is very common with HFT. 60-65% of Gross goes to taxes/brokerage etc
They make money by number of trades.
Or
ur system has an almost equal win:loss % and R:R%
 

travi

Well-Known Member
#5
I'm pretty sure its scenario 1 bcos of ur STT, its more than ur brokerage.
 

dreammerchant

Well-Known Member
#6
currently iam using one of the discount broker
who charges 20 per trade for futures and 0.01%(1000 per crore) for equity
iam trading in equity only and not in futures
Trading in equity rather than trading futures is a good thing...

As travi said, the number of trades which u r doing is high as it can be seen from the STT,

U have two choices

1. Change your trading style

2. Stick with your style and change the broker who charges flat rate in per month basis ( this way u can reduce your brokerage and service tax on brokerage) STT remains the same...

Sent from my A0001 using Tapatalk
 
Last edited:

Mercedes

Active Member
#10
I don't think this is a broker problem.
You're taking very small profits.

It could be scalping
This scenario is very common with HFT. 60-65% of Gross goes to taxes/brokerage etc
They make money by number of trades.
Or
ur system has an almost equal win:loss % and R:R%
Trading in equity rater than trading futures is a good thing...

As travi said, the number of trades which I r doing is high as it can be seen from the STT,

U have to choice

1. Change your trading style

2. Stick with your style and change the broker who charges flat rate in per month basis ( this way u can reduce your brokerage and service tax on brokerage) STT remains the same...

Sent from my A0001 using Tapatalk
:thumb::thumb:
 

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