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

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Mr.G

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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.
We all are trying to increase our knowledge sir nothing else. I am still very curious about this process. I wish ST would clarify things even more as to what difference will it make if one person or several person give brokerage? and whats even the use of that? and if the trades do take place why doesn't it reflect on the exchange?
 

ryan4ucar

Well-Known Member
We all are trying to increase our knowledge sir nothing else. I am still very curious about this process. I wish ST would clarify things even more as to what difference will it make if one person or several person give brokerage? and whats even the use of that? and if the trades do take place why doesn't it reflect on the exchange?
trades dont reflect because they play garden garden with each other
 
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
I know, that is why I mentioned topics AND trades
 

Mr.G

Well-Known Member
@timepass @sexytrader are outsiders like us allowed into your trading arcade?
Timepass is a well respected guy around here, helped me once of twice. He keeps giving advice to noobs all over the board.

@Timepass Let the man clarify himself. I wanna see how this circular trading party goes on and why it doesn't reflect on the exchange. DanPickup should launch an investigation.
 

Mr.G

Well-Known Member
:rofl: In a nutshell this sexy dude, made 1,467 posts about his paper trades and trying to fool people into thinking they were real?
 
@Timepass Let the man clarify himself. I wanna see how this circular trading party goes on and why it doesn't reflect on the exchange. DanPickup should launch an investigation.
Personal opinion : I would rather such a thing was not discussed here because it may be detrimental not only to the knowledge bank of the lesser experienced traders, but also the the website itself.
 

SexyTrader

Well-Known Member
We all are trying to increase our knowledge sir nothing else. I am still very curious about this process. I wish ST would clarify things even more as to what difference will it make if one person or several person give brokerage? and whats even the use of that? and if the trades do take place why doesn't it reflect on the exchange?
If I want to take a position, I tell the guy that handles the transactions & settlements to take a position on my behalf....he will give me that position at a premium or discount depending on market!

Say 9500 CE is priced at 310...he will either charge a premium 350 or discount 280 and he gets to keep the extra amount charged! In return I have to just pay upfront 10% of the total buying/selling Options value.....This guy may buy/sell on same day or next day or anytime suitable for him. But he has received 10% of the value from me and he will honor his word as I will mine.

And since I can keep position open with him, he will deduct brokerage ONLY from profits when the trade is in profit. If no profit, nothing to pay additionally till profits booked :thumb: And expiry is pretty far...so no problems!

Whats so difficult to understand ? :)
 
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