How to invest 40 lakhs in equity, FnO, commodities etc. Part 2

[SexyTrader]

How is it done? Whats the process? My family friends are big brokers I have not heard of this.

Its pretty popular :thumb: One of the guys keeps track of the transactions and handles the settlement...and trades are taken on word of honor :thumb:

And only 10% of total buying/selling Options cost needs to be paid upfront and position becomes active till it reaches desired profit levels

No brokerage upfront...only taken against profits. :thumb:

 

[Mr.G]

Its pretty popular :thumb: One of the guys keeps track of the transactions and handles the settlement...and trades are taken on word of honor :thumb:

And only 10% of total buying/selling Options cost needs to be paid upfront and position becomes active till it reaches desired profit levels

No brokerage upfront...only taken against profits. :thumb:

This feels like "dabba" trading. You don't trade on the exchanges and evade tax aswell. This way no one cant counter you, as you dont trade on exchange so no proof of trade.

 

[SexyTrader]

This feels like "dabba" trading. You don't trade on the exchanges and evade tax aswell. This way no one cant counter you, as you dont trade on exchange so no proof of trade.

This is not exactly "dabba" trading....this is better & ethical coz only the guy that handles transactions and settlements pays brokerage whereas we can keep positions open WITHOUT paying brokerage plus charges upfront...and only pay when we get profits :thumb:

It is done through exchange, but the position gets active for me as soon as I tell him I wish to hold this position. He gives it to me at a premium or discount depending on market

But no brokerage paid if no profits :clap: Can be kept open till profits roll in......

 

[ryan4ucar]

Good Catch Rish, Ryan is a big follower of Mr.Dev Mookerji so he is doing excellent as expected:lol::rofl:

yes and as expected master sunny is out to get his revenge for his gambling addiction problem so needs to find people to vent out.

 

[ryan4ucar]

Its pretty popular :thumb: One of the guys keeps track of the transactions and handles the settlement...and trades are taken on word of honor :thumb:

And only 10% of total buying/selling Options cost needs to be paid upfront and position becomes active till it reaches desired profit levels

No brokerage upfront...only taken against profits. :thumb:

hhaha tell me more about it 10% of options value ? so even after yesterday your so called broker/relatives are cool about it because someone in the family is on the other side of the trade ....i used to do such things when i was 2 years old i was a billionaire then

 

[ryan4ucar]

This is not exactly "dabba" trading....this is better & ethical coz only the guy that handles transactions and settlements pays brokerage whereas we can keep positions open WITHOUT paying brokerage plus charges upfront...and only pay when we get profits :thumb:

It is done through exchange, but the position gets active for me as soon as I tell him I wish to hold this position. He gives it to me at a premium or discount depending on market

But no brokerage paid if no profits :clap: Can be kept open till profits roll in......

I recomend Dr BatliOpenerWala

 

[SexyTrader]

hhaha tell me more about it 10% of options value ? so even after yesterday your so called broker/relatives are cool about it because someone in the family is on the other side of the trade ....i used to do such things when i was 2 years old i was a billionaire then

If the expiry of the Options is very far, why should anyone worry ? :thumb:

besides, they are friends....not family. No family connections work here!

 

[timepass]

This is not exactly "dabba" trading....this is better & ethical coz only the guy that handles transactions and settlements pays brokerage whereas we can keep positions open WITHOUT paying brokerage plus charges upfront...and only pay when we get profits :thumb:

It is done through exchange, but the position gets active for me as soon as I tell him I wish to hold this position. He gives it to me at a premium or discount depending on market

But no brokerage paid if no profits :clap: Can be kept open till profits roll in......

I think that in this forum, we should keep the topics and trades to the stuff that a small trader (like the ones here) can indulge in, and not for the informal stuff.

 

[ryan4ucar]

If the expiry of the Options is very far, why should anyone worry ? :thumb:

besides, they are friends....not family. No family connections work here!

yes ofcourse thats what i said i used to do the same thing when i was a kid , now a days i got to buy my own bread so i do it at the stock exchange

 

[SexyTrader]

I think that in this forum, we should keep the topics and trades to the stuff that a small trader (like the ones here) can indulge in, and not for the informal stuff.

I normally do not bring up such a topic....Some People here were asking hence I had to answer