f&o lots to be revised

[rkripal]

IMO, that is what we had 1 year back. Now when most of the scrip have fallen by more then 50%, the contract value has come down by same % (current contract value of unitech is around 26000/- which used to be 2L+, suzlon contract value 38000 which used to be 3L+). When we never complained eariler for those contract value then we shd be fine with this move as well.

F&O trading /leverage trading is certainly risky business and this is one of the strategy that SEBI is taking to ensure that low value accounts are protected from taking undue risk. Otherwise today, people with 10k account can buy multiple contract without really knowing the implication and risk involved. And then they will blame broker for squaring off their position to cut the loss.

Happy and Safe trading.

Dear AW10

you are right even this move should be welcomed if think of the value of stocks one year back. you have given example of unitech, yes, value of unitech was many times greater thn what we have now. but, think what will happen , what will be margin to be paied even if price retraces 50% of current fall. now pls see price of unitech in January. margin paied by traders and investers will be a lot greater thn what we used to pay one year back.


Second thing, every business is risky. without proper mm plans one would loose money even in cash trading. now to trade fo depends on one's risk taking ability. before going for fo, be it current lot size or revised, one should think of risk and if he doesnt thn he must suffer.

kripal

 

[rkripal]

I am not sure how it benefits the larger fish , after all they prey on the smaller fish and if the small fry are out of the game who do they prey on now?

Capricorn

there are lots of people in the market with big pockets. its not necessary that they also have brain

kripal

 

[Capricorn]

That goes for 90% of the folks out there.

 

[knarendra]

Thankfully MiniNifty and Nifty are not in the Annexure.... HuUH... relieved.....

Im also thank to sebi.