Any idea to save something from this

[Chandiran]

Half gone in charges any idea to overcome

trading=equity only Intraday
brokerage=0.01(1000 per crore)

 

[dreammerchant]

Half gone in charges any idea to overcome

trading=equity only Intraday
brokerage=0.01(1000 per crore)

Which brokerage u r using?

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[Chandiran]

currently iam using one of the discount broker
who charges 20 per trade for futures and 0.01%(1000 per crore) for equity
iam trading in equity only and not in futures

 

[travi]

currently iam using one of the discount broker
who charges 20 per trade for futures and 0.01%(1000 per crore) for equity
iam trading in equity only and not in futures

I don't think this is a broker problem.
You're taking very small profits.

It could be scalping
This scenario is very common with HFT. 60-65% of Gross goes to taxes/brokerage etc
They make money by number of trades.
Or
ur system has an almost equal win:loss % and R:R%

 

[travi]

I'm pretty sure its scenario 1 bcos of ur STT, its more than ur brokerage.

 

[dreammerchant]

currently iam using one of the discount broker
who charges 20 per trade for futures and 0.01%(1000 per crore) for equity
iam trading in equity only and not in futures

Trading in equity rather than trading futures is a good thing...

As travi said, the number of trades which u r doing is high as it can be seen from the STT,

U have two choices

1. Change your trading style

2. Stick with your style and change the broker who charges flat rate in per month basis ( this way u can reduce your brokerage and service tax on brokerage) STT remains the same...

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[Chandiran]

Who is the best discount broker for monthly charges for unlimited trading

 

[dreammerchant]

Who is the best discount broker for monthly charges for unlimited trading

Check tradeplus, wisdom capital...

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[Dai Thompson]

Who is the best discount broker for monthly charges for unlimited trading

I have heard positive feedback about fyers. You might want to take a look at it.

 

[Mercedes]

I don't think this is a broker problem.
You're taking very small profits.

It could be scalping
This scenario is very common with HFT. 60-65% of Gross goes to taxes/brokerage etc
They make money by number of trades.
Or
ur system has an almost equal win:loss % and R:R%

Trading in equity rater than trading futures is a good thing...

As travi said, the number of trades which I r doing is high as it can be seen from the STT,

U have to choice

1. Change your trading style

2. Stick with your style and change the broker who charges flat rate in per month basis ( this way u can reduce your brokerage and service tax on brokerage) STT remains the same...

Sent from my A0001 using Tapatalk

:thumb::thumb: