Dream 2020 by Tamil Trader: Every Indian Home needs one professional trader

[fxgood]

To acheive this we need 100% literaty to create full awareness and making trading as professional business untill other wise its gamblers paradise in India.

Also

1. Managing funds and providing tips need to be regulated, at least not all can do this without proper license and without trading own capital before spelling advice alone to others.

2. Need improved trading platforms and more powerful matching engines

3. Need to permits common room for all traders like, algo traders allowed even for basic retail traders

4. DMA access to all pulic traders via server level APIs

 

[onlinegtrash]

every home with a trader?

This is really a horrible idea!

Every one should be allowed to trade... to see if it fits for them.
Most people are not supposed to be in trading in the first place,
unless they take it as profession and can handle market and themselves.

Majority of population will never ever be emotionally or mentally suitable
for trading IMHO !

I am wishing for a warning and protected account for newbee traders from brokers.
In which no more than 50k will be allowed to trade unless they make some profits
for more than 3 months!
But why should brokers do that?...

 

[stock72]

Where u were...not seen much in TJ ....

every home with a trader?

This is really a horrible idea!

Every one should be allowed to trade... to see if it fits for them.
Most people are not supposed to be in trading in the first place,
unless they take it as profession and can handle market and themselves.

Majority of population will never ever be emotionally or mentally suitable
for trading IMHO !

I am wishing for a warning and protected account for newbee traders from brokers.
In which no more than 50k will be allowed to trade unless they make some profits
for more than 3 months!
But why should brokers do that?...

 

[onlinegtrash]

Where u were...not seen much in TJ ....

was slightly busy with other things not much time for market...
hope things are working well for you!

 

[Bewinner]

Every home...a pro trader!!!!
sounds good...but not realistic...if that would be the case there will not be any share mkt anymore. becoz it is human basic instinct that he/she always wants to win...but in that case the mkt will be stagnant. price will hardly move.

it's just my view.

 

[Signal to Signal]

I understood that the dream is not possible in india

 

[aryan.]

This is possible but the government should make some effective steps. Something like
1.Declare a support price for every stock from time to time and ask DIIs to buyback stocks at this rate from losing investors.Better guarantee a buy back @90% of purchase price.
2.Compensate the loss of derivative traders from PMs relief fund.

I dont know if you are joking or serious.

 

[TraderRK]

Still many feel Trading is Gambling, I hope by 2020 people will come out of this illusion.

 

[karunakumari]

Generally , There is one fact around the market that

" 99 percent of the traders lose money in the market. 1 percent of the traders are winners."

So 1 Percent winners take 99 % percent money.

But General Concept is "if one loses, another is won"

So My view is " Minimum 50 percent of the traders should be a winner in the market"

Why cannot 50 percent of the winners be in the market?

point is that 1% keeps the money of the balance 99%. so ur 50% calculation concept is wrong. sorry!

 

[RajaRam9]

hmmm.another election manifesto? gifting a free demat when you pass B.COM? but why pass also? get it free with admission ........