Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
re: Day trading Nifty & Banknifty Futures
Let it be. You will have emotions as long as you are alive or have a healthy brain.You cannot suppress it.Emotions are harmless. They wont trigger a buy or sell order in markets.Your physical action only triggers an order.
Why should you act on these emotions ? Do you do it in other areas of life ?
How many times you have felt like slapping your Boss ? Haven't you felt like kicking the balls of somebody who occupies your reserved seat on a train ?
But you are not doing it because you are well aware of the consequences. You may get fired or the bully may break your neck.Here your logical thoughts control your emotions and you refrain from acting. Why it is not possible in trading ?.Are you not aware that violating a trade plan may sabotage the very purpose of trading ?
Next time when you feel such emotions while trading,please do treat it as a signal or warning that something could be wrong. It is an alarm to wake you up.Check everything again and act only when something has changed. Act only as per your trading plan.
But this will work only if you have a method with an edge and a well defined trading plan.
Niranjanam
Let it be. You will have emotions as long as you are alive or have a healthy brain.You cannot suppress it.Emotions are harmless. They wont trigger a buy or sell order in markets.Your physical action only triggers an order.
Why should you act on these emotions ? Do you do it in other areas of life ?
How many times you have felt like slapping your Boss ? Haven't you felt like kicking the balls of somebody who occupies your reserved seat on a train ?
But you are not doing it because you are well aware of the consequences. You may get fired or the bully may break your neck.Here your logical thoughts control your emotions and you refrain from acting. Why it is not possible in trading ?.Are you not aware that violating a trade plan may sabotage the very purpose of trading ?
Next time when you feel such emotions while trading,please do treat it as a signal or warning that something could be wrong. It is an alarm to wake you up.Check everything again and act only when something has changed. Act only as per your trading plan.
But this will work only if you have a method with an edge and a well defined trading plan.
Niranjanam
re: Day trading Nifty & Banknifty Futures
Govt likely to move towards uniform stamp duty for states
With the Centre planning to table the Indian Stamp (Amendment) Bill in the winter session of Parliament, there might soon be a uniform duty on stock market transactions across the county. To encourage investment and liquidity in securities, it seeks to allow stock exchanges to collect stamp duty from sellers, instead of buyers.
The Bill, being vetted by the law ministry, proposes a stamp duty rate of 0.001 per cent on delivery-based transactions and currency derivatives, and 0.003 per cent on clearance list, transfer deal and futures & options.
http://www.business-standard.com/ar...orm-stamp-duty-for-states-113101500827_1.html
Govt likely to move towards uniform stamp duty for states
With the Centre planning to table the Indian Stamp (Amendment) Bill in the winter session of Parliament, there might soon be a uniform duty on stock market transactions across the county. To encourage investment and liquidity in securities, it seeks to allow stock exchanges to collect stamp duty from sellers, instead of buyers.
The Bill, being vetted by the law ministry, proposes a stamp duty rate of 0.001 per cent on delivery-based transactions and currency derivatives, and 0.003 per cent on clearance list, transfer deal and futures & options.
http://www.business-standard.com/ar...orm-stamp-duty-for-states-113101500827_1.html
re: Day trading Nifty & Banknifty Futures
Is this negative for us?
Whats the current rate we pay?
These rates are higher than the duty currently levied by a major state like Maharashtra (0.0001 per cent on most transactions) but much lower than a uniform rate of 0.005 per cent proposed by the state government two years ago.
Is this negative for us?
Whats the current rate we pay?
These rates are higher than the duty currently levied by a major state like Maharashtra (0.0001 per cent on most transactions) but much lower than a uniform rate of 0.005 per cent proposed by the state government two years ago.
Last edited:
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