Day Trading Stocks & Futures

Hi
In simple terms,
1) it will impact mainly intraday traders.Now , Intraday future traders have to give complete NRML margin .even for intraday.
2) no use of MIS,CO & BO ..AS you have to pay complete Nrml margin From SEP,1 2021.It will gradualy increase from DEC1,2020.
Till FEB 2021, 20X, TILL MAY 21 10X, AUG20217X, From sep 2021, 5x only.
3) intraday cash trader will also have to give that much margin money. from sep2021, they get only 5X margin.
Thanks
The authorities are betting that the revenue will not decrease. But reduced leverage will discourage newbie retail traders. Big players will continue. So probably they'll bring back it back when the revenue starts going down. Unless ofcourse, there is a deeper thought beyond it, like the demonetisation which was very unwelcome in the beginning. But it turned out to be a winner --in combating terrorism funds, real estate fraud (which enabled some political family bigwigs to acquire govt land at dirt cheap rates--in Haryana for eg), and bringing out hidden scams that had been going on for long. Like the gold scam in Kerala involving even the UAE consulate, involving a lot of shady deals. These things are not coming out in the light because: (1) biased media (2) hostile state authorities.
 
Last 5 days NAVs of Debt Mutual Funds were slowly going down due to possibility of interest rate fluctuations but yesterday's RBI policy assured that interest rates will remain steady and it took the debt funds NAVs above its recent highs....
 
Hi PT Sir
Suggest some good book or study material to learn this kind of trading.
thanks
there are not many books on Wyckoff accumulation/distribution. but you can try the below book its decent
https://www.amazon.com/Wyckoff-Meth...swatch_0?_encoding=UTF8&qid=1607172952&sr=1-1

best is to take the Wyckoff course. here the problem is one should buy the course rather than a pirated copy as you need a mentor who can solve your queries as the subject is extremely difficult. this is my personal take.

1) https://wyckoffsmi.com/ this is the original Wyckoff institute. they are purist.

2) https://www.wyckoffanalytics.com/ this is another good place. I prefer this one as they are more pragmatic in their approach towards Wyckoff.

hope the above help.
 
there are not many books on Wyckoff accumulation/distribution. but you can try the below book its decent
https://www.amazon.com/Wyckoff-Meth...swatch_0?_encoding=UTF8&qid=1607172952&sr=1-1

best is to take the Wyckoff course. here the problem is one should buy the course rather than a pirated copy as you need a mentor who can solve your queries as the subject is extremely difficult. this is my personal take.

1) https://wyckoffsmi.com/ this is the original Wyckoff institute. they are purist.

2) https://www.wyckoffanalytics.com/ this is another good place. I prefer this one as they are more pragmatic in their approach towards Wyckoff.

hope the above help.[/QUOT
Hi
Thanks a lot
will go through it
Thanks
 
[/QUOT
there are not many books on Wyckoff accumulation/distribution. but you can try the below book its decent
https://www.amazon.com/Wyckoff-Meth...swatch_0?_encoding=UTF8&qid=1607172952&sr=1-1

best is to take the Wyckoff course. here the problem is one should buy the course rather than a pirated copy as you need a mentor who can solve your queries as the subject is extremely difficult. this is my personal take.

1) https://wyckoffsmi.com/ this is the original Wyckoff institute. they are purist.

2) https://www.wyckoffanalytics.com/ this is another good place. I prefer this one as they are more pragmatic in their approach towards Wyckoff.

hope the above help.
Hi
Thanks a lot
Will go through them.
 

Similar threads