General Trading Chat

[lemondew]

Thus GOi advice SEbi or its the other way? Just asking I seriously dont know

 

[vikas2131]

Thus GOi advice SEbi or its the other way? Just asking I seriously dont know

Both are most likelyon same page... Nonetheless market will become ill liquid and impact cost will rise for traders ..meaning i will have to stop trading stock options completely now..

 

[lemondew]

Dont worry. They must not have finalised. I am sure many would be concerned if it comes out they way its said in article.

There is always a better way to do the same thing It will be found out.

Both are most likelyon same page... Nonetheless market will become ill liquid and impact cost will rise for traders ..meaning i will have to stop trading stock options completely now..

 

[vikas2131]

Dont worry. They must not have finalised. I am sure many would be concerned if it comes out they way its said in article.

There is always a better way to do the same thing It will be found out.

Not really worried about linking with income...worried about market being ill-liquid ..hope they dnt do anything stupid...

 

[onequorauser]

Thus GOi advice SEbi or its the other way? Just asking I seriously dont know

Its SEBI.. look at some of the things that it has done historically. for example increasing the lot size unncessarily. It seems these is a mindset that there are speculators who are loosing their shirts in FO trading and SEBI wants to be their saviour. And on top of that there was some report about a cash to derivatives ratio being extremely high in India compared to other countries besides South Korea. But how that counting is done.. wellthat is a different story.

 

[soft_trader]

https://economictimes.indiatimes.co...o-cut-retail-fo-bets/articleshow/63262414.cms

SEBI encouraging Dabba Trading?

There is a Bengali proverb which roughly translates to "aunt is more concerned than mother". Sebi is like that aunt. If one is making loss so be it. Every trader makes losses during their learning curve, does that mean one has no right to trade or learn to trade in derivatives? It is like preventing a child to learn to walk in the fear of injury. If parents prevent their child citing the reason that trying to walk is dangerous and may cause injury then that's pretty bad. Also, everything has risk associated with it. Driving is also risky, there are so many accidents happening everyday and millions lost their life every year. But why not stopping people from driving?

This is sheer stupidity of sebi & GoI. I am trading for more than six years and like everyone I also made losses but the past year has been good for me. I do not have big capital but I have experience, now if sebi increases the margin requirement again then I will be thrown out of business. Everyone knows how difficult it is to get jobs, if I can handle risk who is sebi to decide whether I am competent enough to handle derivatives or not?

 

[soft_trader]

Its SEBI.. look at some of the things that it has done historically. for example increasing the lot size unncessarily. It seems these is a mindset that there are speculators who are loosing their shirts in FO trading and SEBI wants to be their saviour. And on top of that there was some report about a cash to derivatives ratio being extremely high in India compared to other countries besides South Korea. But how that counting is done.. wellthat is a different story.

I had gone through an article regarding that. The whole calculation of turnover ratio is flawed.

 

[cloudTrader]

Derivatives segment is so nicely liquid that any misdeed of throwing retail investors from this segment will shrink the liquidity badly. They should instead make a move to direct the brokers to block such retail investors who have made an 'x' amount of loss in a financial year for that year, if they are so adamant on saving the investors. This will keep the gamblers away and the individuals who are skilled in a professional manner could do the business unhindered.

When I started trading , many people who were trading in equities and making good money in that segment advised me to remain away from Options because it was risky. I still thought of getting the knowledge about Options that why these instrument have such an image. Got hold of many aspects of Options and started trading them in a controlled manner. Some of my biggest profitable trades were from Option trades in Nifty & Stocks. If I would have not went into knowing Options, those trades would never have materialized.

SEBI is trying to snatch away opportunity from many future talented traders.

 

[travi]

grinding day

 

[vikas2131]

Derivatives segment is so nicely liquid that any misdeed of throwing retail investors from this segment will shrink the liquidity badly. They should instead make a move to direct the brokers to block such retail investors who have made an 'x' amount of loss in a financial year for that year, if they are so adamant on saving the investors. This will keep the gamblers away and the individuals who are skilled in a professional manner could do the business unhindered.

When I started trading , many people who were trading in equities and making good money in that segment advised me to remain away from Options because it was risky. I still thought of getting the knowledge about Options that why these instrument have such an image. Got hold of many aspects of Options and started trading them in a controlled manner. Some of my biggest profitable trades were from Option trades in Nifty & Stocks. If I would have not went into knowing Options, those trades would never have materialized.
SEBI is trying to snatch away opportunity from many future talented traders.

Stuffs like this combined with how aadhar is being forced down our throats everywhere, make me realize that we are heading for dark future...