Day Trading Stocks & Futures

LivetoTrade

Well-Known Member
re: Day trading Nifty & Banknifty Futures

I wish for a billion rupees in my bank account, without having to work for it. Please make my wish come true too :D
The rupee is the common name for the currencies of India, Pakistan, Sri Lanka, Nepal, Mauritius, Seychelles, Maldives, Indonesia (as the rupiah)
 

LivetoTrade

Well-Known Member
re: Day trading Nifty & Banknifty Futures

I wish for a billion rupees in my bank account, without having to work for it. Please make my wish come true too :D
We all know that you have a Swiss Bank account :D :D :rofl: :rofl:

Since Dan is a local, maybe he can help quicken the process of transferring it back to your account in India. :lol: :lol:
 

TraderRavi

low risk profile
re: Day trading Nifty & Banknifty Futures

Yes
When we claim brokerage as an expanse from our trading profit
Then any BR will be added to trading profit

I understand that you are asking this query for IT point of view.

So, irrespective of the facts/conditions that Zerodha takes into account for BR, the profit will be

1. 2K
2. 10K
my query was not from IT point of view , it was just for my trading journal.
thanks for reply.
 

manishchan

Well-Known Member
re: Day trading Nifty & Banknifty Futures

my query was not from IT point of view , it was just for my trading journal.
thanks for reply.
For journal purpose, I will keep the extra income in miscell. Why.. because these money are not earned from trading so when you are reviewing your monthly/quarterly accounts.. this will give wrong picture of PnL.

The loss of 4k (if from trading) must be accounted as trading loss. The 6K you got from Zerodha, just put that in extra column as miscell P/L. This way when you are looking at the monthly profits lets say 6 monhts from now.. you would know that the month was 4K loss and not 2K gain (-4+6).

This is how I do it...there may be other ways..
 

pratapvb

Well-Known Member
re: Day trading Nifty & Banknifty Futures

RBI next policy date is ??
Changed to 1st Tuesday of every even month under new governor. So next 1st Tuesday of August
 
re: Day trading Nifty & Banknifty Futures

@TR

Sorry for this post, but this is like trading psychology: Soccer is like trading: Never give up. May your last trade before you give up is the prove of the correctness from your/any system like in the last seconds Switzerland won the game by not giving up, making many mistakes before but believe to win. :thumb: And this team did. :thumb:
 

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