Day Trading Stocks & Futures

travi

Well-Known Member
Earlier the corruption was between businessman and government babus. now government babus and politicians became more clever and they removed businessmen and instead planted their own relatives as pseudo businessman ..
so slowly the money which was going to public through business houses is getting consolidated to one set of people only..
theek hai bhai, wohi sahi.
bcos in the "b/w businessman and govt. babus" those politicians weren't involved is the impression i got.
 
i am pretty sure that if our entrepreneurs didn't want to start businesses, overcoming all the 'at the time" crises, many of us would have still been jobless and listening radio's instead of Traderji, and other social sites..

overcoming this time, there's a great future before us; from augmented reality to interplanetary travel for world as a whole, and for India a large number of people would be able to enjoy a good life, and go at par with the world's technological advancements and contribute to it.. now almost every able in the country has a smartphone and enjoying its features.. would it have been a reality if there weren't any entrepreneurs making/selling them?
You need to get out of augmented reality dear....
speak to some real business guys and get in the real reality..
 

TraderRavi

low risk profile
Stock traders should be able to avail mudra loan. Has anyone tried it?

The reason i have been looking at is the traders are taxpayers upfront and are most compliant and should be able to avail some benefits

https://www.bankbazaar.com/personal-loan/business-start-up-loan.html
prabhu , why a trader needs to take mudra loan or any crap debt for trading ? Capital building is a painful and timetaking process but every trader has to go through it, no shortcuts here.
 

lemondew

Well-Known Member
why does business take loans. Companies like reliance which can do without loans also take it why so.

Is it indirectly being conveyed "The reason why traders should avoid taking debt is its unreliable" while others businesses can take it.

May be you and others also who post it should explain.
prabhu , why a trader needs to take mudra loan or any crap debt for trading ? Capital building is a painful and timetaking process but every trader has to go through it, no shortcuts here.
 

travi

Well-Known Member
why does business take loans. Companies like reliance which can do without loans also take it why so.

Is it indirectly being conveyed "The reason why traders should avoid taking debt is its unreliable" while others businesses can take it.

May be you and others also who post it should explain.
bhai, these announcements are made in crisis situation where technically a business is a multi-person entity in a supply-chain type system. There are employees to be supported etc

Even then, on paper Govt announced such policies but when you actually go and claim, there is an entire process. In short, what i want to say is, there is no blanket guarantee of loan getting passed.
Just google Mudra loan rejected.
Past credit history, defaulters, high risk etc will surely be rejected.

Now Retail Trader( individual) is like domestic worker, they are not employment generators, they work and get paid. Unka haal migrant laborer se alag nahi hai.
So i want to understand how Retail individual trader ( forget the high risk category) is a business entity. Just bcos they file Business income as per ITR doesn't actually put them amongst RIL etc. :)

-- Irony of life is, who has some kind of collateral gets loan, who doesn't goes to the gallows. --
 

TraderRavi

low risk profile
why does business take loans. Companies like reliance which can do without loans also take it why so.

Is it indirectly being conveyed "The reason why traders should avoid taking debt is its unreliable" while others businesses can take it.

May be you and others also who post it should explain.
1) Reliance or any other company needs loan to buy land, set up plant, to buy machines, employ workers then to buy raw materials and then production starts and by selling this they make profits. and repay their loans.

Next example

2) If you want to open a readymade garment shop, you need to buy a shop , refurnish it as per requirement, buy readymade garments from a wholesaler , employ one or two salesmens , then you make profits by selling these and repay your loans.

Now you go to SBI and say to branch manager , Sir I am a daytrader from TJ , wants Rs 10 lakh/20lakh loan to make moolah from stock market.
he will say bhai tujhe loan deke muje apni naukri gawani hai kya. maaf karo prabhu :DD:DD
 

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