SEBI's new move to cut retailers participation in F&O!

TraderGYO

Well-Known Member
#11
Yes trading is business, so Govt must treat it like other business.
On what business a starter needs to show his income proof when he has enough capital to start with? Think simply, if anyone wants to open a shop or any type of business with his personal savings, then no one is forcing them to show previous income. So why in F&O trading!
Agree with you.
 

headstrong007

----- Full-Time ----- Day-Trader
#12
Sebi seems to suggest that it does not like speculators as they do not add value to the market. They want to cut the participation on F&O as India has the second largest volume in the futures market in the world. It implies that traders should restrict themselves to the cash market.

But, what is current position in CASH market!

Cash market data shows that the only 20-30 percent delivery volume.
In other words, 70-80 percent of volume in cash market in INTRADAY SEGMENT is done by speculators:D who do not take delivery of the shares in which they trade.

Now, what measures will Sebi take to restrict these volumes? New move to cut retailers(speculators) participation in INTRADAY CASH SEGMENT?

If SEBI doesn't want to restrict Intraday trading then what is the purpose of this move other than the collection of extra STT? Food for thought surely.
 

TraderGYO

Well-Known Member
#13
Sebi seems to suggest that it does not like speculators as they do not add value to the market. They want to cut the participation on F&O as India has the second largest volume in the futures market in the world. It implies that traders should restrict themselves to the cash market.

But, what is current position in CASH market!

Cash market data shows that the only 20-30 percent delivery volume.
In other words, 70-80 percent of volume in cash market in INTRADAY SEGMENT is done by speculators:D who do not take delivery of the shares in which they trade.

Now, what measures will Sebi take to restrict these volumes? New move to cut retailers(speculators) participation in INTRADAY CASH SEGMENT?

If SEBI doesn't want to restrict Intraday trading then what is the purpose of this move other than the collection of extra STT? Food for thought surely.
Why this distinction in the first place? Any investor is a speculator.
Gormentwale BABUs have problem digesting that youth of this Nation can make a living on their own terms. It challenges their hegemony.
 

headstrong007

----- Full-Time ----- Day-Trader
#14
Has not the market regulator deprived the retail investor, whose interest it seeks to protect, for making money by trading in derivatives.
Restricting trading in futures to only those with a high net worth is a clear case of social discrimination.
- Source Internet.
 

headstrong007

----- Full-Time ----- Day-Trader
#15
Famous traders in the world have already accepted the fact that,

Trading is "The Game of Speculation".

most important.jpg



Jesse Livermore, one of the greatest traders of all time once said that,
"The Game of Speculation" is the most uniformly fascinating game in the world.
At his peak in 1929, Jesse Livermore was worth $100 million!



trading is game of speculation.jpg
 

TraderGYO

Well-Known Member
#17
Famous traders in the world have already accepted the fact that,

Trading is "The Game of Speculation".

View attachment 24518


Jesse Livermore, one of the greatest traders of all time once said that,
"The Game of Speculation" is the most uniformly fascinating game in the world.
At his peak in 1929, Jesse Livermore was worth $100 million!


View attachment 24519
Unfortunately Gorment BABUs do not read or care or understand the business they are controlling and toying with. A classic example of Power Drunk.
 

sridhga

Well-Known Member
#18
STT is a concern. If there is a trade-able stock with sufficient volatility and it moved out of F&O segment for some technical reason, then would not cash segment volumes increase? Me thinks.
 
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headstrong007

----- Full-Time ----- Day-Trader
#19
A trend that is witnessed in the developed market where jobs are reducing and younger population taking to trading will soon be witnessed in Indian markets too.
Rather than educating market participants and ensuring liquidity in order to reduce transaction cost Sebi under the guise of investor protection is causing more harm. -Source Internet (Money Control).
 

maneverfix

Well-Known Member
#20
Agenda of this government seems to destroy every small business by every available means. Regretting voting for this baboons. 2019, I will vote for any god damned idiot not this bunch.
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