General Trading Chat

[deba72]

Go through the thread.

http://www.traderji.com/community/t...retailers-participation-in-f-o.106175/page-45

Sebi & Gormint are jointly performing a planned sequential action!
"the last nail in the coffin" may be

Cap investors’ equity (BOTH CASH, DERIVATIVE) exposure in line with net worth. Everyone will need to go with a costly process using a CA to ascertain net worth certificate. Many beginners, newcomers will stop investing/trading directly. I doubt it is an indirect way to shift smart small individual direct investors and traders (mostly common people) to mutual funds!

This is the policy of this Govt in everything they have done( or not done) so far... i.e shift business from small and unorganized sectors to few organized businesses... and probably we all know why they are doing that...

 

[timepass]

I guess sometime in future the MFs will become heavily taxed

 

[bpr]

This is the policy of this Govt in everything they have done( or not done) so far... i.e shift business from small and unorganized sectors to few organized businesses... and probably we all know why they are doing that...

May be one of the reason is small and unorganized sector are not paying proper taxes and huge tax evasion...
where has big organization pay proper taxes and clean books
So for Govt, it is a cleaner and good source of revenue.
Also when these org approaches Govt and it pays govt to listen to them.
And if there is significant disruption in small and unorganized sector tax revenue wise it has no difference to Govt ...
Basically they are invisible.
On paper there is no shift of business happening infact this orgs might argue that they are growing business on their own ...
as tax revenue increases from them where has no reduction in tax revenue from the small and unorginised sector.

I am not saying this is right but there is always cause and effect ??

 

[deba72]

May be one of the reason is small and unorganized sector are not paying proper taxes and huge tax evasion...
where has big organization pay proper taxes and clean books
So for Govt, it is a cleaner and good source of revenue.
Also when these org approaches Govt and it pays govt to listen to them.
And if there is significant disruption in small and unorganized sector tax revenue wise it has no difference to Govt ...
Basically they are invisible.
On paper there is no shift of business happening infact this orgs might argue that they are growing business on their own ...
as tax revenue increases from them where has no reduction in tax revenue from the small and unorginised sector.

I am not saying this is right but there is always cause and effect ??

Just a few pointers :

1. Lack of job creations ( Unorganized sector consists 60 % of GDP with 80 % of the jobs generated )
2. Rural Distress resulting into high degree of unemployment and farmer suicides etc..
3. No significant increase in GST collections
4. SME sectors in shambles
5. PSU banks unable to advance credit which is the lifeline of the economy
6. Even looking at a sector like FMCG one can understand big companies gaining at the expense of regional brands.

This kind of economy only makes the rich richer and poor poorer and its completely lopsided model of development. This is generating all the social unrest we are seeing in different states wherein even the relatively dominant communities agitating for quota etc....

And last but not the least... Tax revenue generation per se has no meaning if the money is not spent efficiently. And in the history of this world, Govts have always been much less efficient spender of money than the masses...

 

[headstrong007]

Nowadays, we traders are facing, frequent unwanted disturbance outside the market DURING TRADING,
due to various trader & investors unfriendly activities/restrictions by SEBI every now and then.

Probably a 'Dharna' in front of SEBI is the best way to prevent such limiting exposure for traders.

Unfortunately, I am not a Mumbaikar. Any Mumbaikar here?
Arrange few friends, start the initial movement, meet the SEBI office to express the displeasure. Arrange some friends or relatives to meet them.

 

[Hema123]

Probably a 'Dharna' in front of SEBI is the best way to prevent such limiting exposure for traders.

Naa baba naa , sabhiko देशद्रोही और पाकिस्तानी ghosit kar diye jaayenge…!!!

 

[headstrong007]

Naa baba naa , sabhiko देशद्रोही और पाकिस्तानी ghosit kar diye jaayenge…!!!

Then use Lage Raho Munna Bhai Gandhigiri-Style protest:-
We have to distribute roses to SEBI officials as a "message of love and peace and good wishes for their mental health ".

 

[TraderGYO]

Sign the petition, it is urgent. Not only beginners or small to medium capital traders will feel the pain but the big volume pro traders like me and even biggest traders who use very high volume. Now everyone has the limit according to networth!. Really? Knowledge, experience, current performance must be main criteria not network.
How SEBI can stop pro traders using leverage who are capable to handle leverage well? How can sebi stop beginners to do intraday future trading using BO (with limited risk) with leverage as their capital is less?
It is a big headache to show net-worth by CA for beginners like Higher educated students, job seekers, housewife etc etc.

SEBI must also, see the performance how, a smart trader is using leverage for years to accumulate hard-earned capital as an edge. There is a lot of such live example, we are trading, using leverage successfully when there is a big momentum trade.
During momentum trades or some high probable trades if we can't use high leverage how we can take the jackpot trades?

Sign it:-

Petition Against limiting exposure for traders in financial markets #freetotrade



https://www.change.org/p/sebi-again...m_medium=copylink&utm_campaign=share_petition

The situation is getting worse.So the brokers' protest went nowhere. It all comes down to how much exposure they are willing to give based to net worth now.
Hope the babus allow direct options spread trading given that they are so concerned with exposure risk.

 

[timepass]

This here is an alarming news.

Pune-based Cosmos Bank loses Rs 94 crore in cyber hack

Read more at:
http://timesofindia.indiatimes.com/...ofinterest&utm_medium=text&utm_campaign=cppst

 

[vivektrader]

Wish you all financial freedom on this independence day.
Independence from ills, losses and drawdowns.

Vivek