Yes, I already said it, it is the time to concentrate on our trade for last few months and use our maximum potential and effort to accumulate maximum net worth.
Even for beginners, last few month track record of profit percentage even with small capital could be the escape route from SEBI restrictions. Experience, proven track record, knowledge all have value. Only net worth is nothing. NETWORTH MAY COME FROM NON TRADING RELATED FIELD.
On the other way every pro traders was a beginner, almost most of the traders lose money in trading in initial stages. With time and experience, they progress. Banning the beginners from the trading mean STOPPING THE GROWTH OF MARKET in another way.
Personally, I was thinking USD 1 million (approx 7.5 Cr) was min cap to escape the SEBI regulations. Now thanks to the members here I knew It is about 2Cr. I am happy, that I have alternate ways to skip the SEBI regulation. But I'll fight the case together(with that petitioner whats group, above mentioned) to benefit the trading community. I know without the beginners the market is finished for big traders without the liquidity.
************
But, for the last few months of high leverage trading b4 such rule is implemented, we must concentrate on our trading only. Lets SEBI comes out with the detailed plan. We will try to hire the best advocates like Kapil Sibbal.
Till the date, we must concentrate more on trading.
It's time to keep our track record very high for last few months before any rule is implemented. This can help us.
Even small retailers can argue that he/she made say 15-30% in the last 6 months using small capital, which no mutual fund can match.
So, let's concentrate on trading first. If we think, in a way that, our trading days are limited, we have the only 3-4 month to prove our track record(performance) as a trader. Don't think about net worth or capital now, just think how much percentage of profit u can accumulate on a decent capital from Monday onwards.
Lets beginning the fight with our performance first. After all, the small traders who are earning on regular basis are more concerned and interacting here. So, keep your kool and try to perform at your best. Take, last 4 month as traders exam.
There is always an alternate route using last few months performance for beginners, netwoth or ITR return may not be sole criteria after it challenged by Court. Bcoz according to the report,
Globally, regulators are implementing parameters such as education as filters for investor suitability in relation to risky instruments. However, such criteria are difficult to implement in India, Sebi feels.
Only networth/ITR is meaningless when someone is earning consistently and have the knowledge to cut the risk.
Let's concentrate on trading till December at least from Monday(20-8-2018).
Set periodical targets try to achieve them. Use brick by brick strategy to accumulate profit, maintain your risk. Use high leverage with strict stop and target. Choose best possible entry point using Higher Time Frame charts. Use 3day 5 day breakout, use various type of scanner to scan best opportunity. Look sector wise stock performance. Usually, 2-3 sectors make swing trades for 2-3 days either maximum gainers or maximum losers. Use your maximum potential.
Even for beginners, last few month track record of profit percentage even with small capital could be the escape route from SEBI restrictions. Experience, proven track record, knowledge all have value. Only net worth is nothing. NETWORTH MAY COME FROM NON TRADING RELATED FIELD.
On the other way every pro traders was a beginner, almost most of the traders lose money in trading in initial stages. With time and experience, they progress. Banning the beginners from the trading mean STOPPING THE GROWTH OF MARKET in another way.
Personally, I was thinking USD 1 million (approx 7.5 Cr) was min cap to escape the SEBI regulations. Now thanks to the members here I knew It is about 2Cr. I am happy, that I have alternate ways to skip the SEBI regulation. But I'll fight the case together(with that petitioner whats group, above mentioned) to benefit the trading community. I know without the beginners the market is finished for big traders without the liquidity.
************
But, for the last few months of high leverage trading b4 such rule is implemented, we must concentrate on our trading only. Lets SEBI comes out with the detailed plan. We will try to hire the best advocates like Kapil Sibbal.
Till the date, we must concentrate more on trading.
It's time to keep our track record very high for last few months before any rule is implemented. This can help us.
Even small retailers can argue that he/she made say 15-30% in the last 6 months using small capital, which no mutual fund can match.
So, let's concentrate on trading first. If we think, in a way that, our trading days are limited, we have the only 3-4 month to prove our track record(performance) as a trader. Don't think about net worth or capital now, just think how much percentage of profit u can accumulate on a decent capital from Monday onwards.
Lets beginning the fight with our performance first. After all, the small traders who are earning on regular basis are more concerned and interacting here. So, keep your kool and try to perform at your best. Take, last 4 month as traders exam.
There is always an alternate route using last few months performance for beginners, netwoth or ITR return may not be sole criteria after it challenged by Court. Bcoz according to the report,
Globally, regulators are implementing parameters such as education as filters for investor suitability in relation to risky instruments. However, such criteria are difficult to implement in India, Sebi feels.
Only networth/ITR is meaningless when someone is earning consistently and have the knowledge to cut the risk.
Let's concentrate on trading till December at least from Monday(20-8-2018).
Set periodical targets try to achieve them. Use brick by brick strategy to accumulate profit, maintain your risk. Use high leverage with strict stop and target. Choose best possible entry point using Higher Time Frame charts. Use 3day 5 day breakout, use various type of scanner to scan best opportunity. Look sector wise stock performance. Usually, 2-3 sectors make swing trades for 2-3 days either maximum gainers or maximum losers. Use your maximum potential.
