Need your guidence

#1
I am doing intraday trading for a year and start to earn money for last few months.Decided to take trading is my full time profession.even though i earn money..difficult to explain others what job i am doing ( coz most of the people doing trade as a side income) so i want to give a name to my bussiness and decide to start small investment firm.

Right now i am using my saving account to credit/debit from trading.
my friend tell me if i use company name all transaction must be in current account.
I am doing bussines from my home..using personal computer

is it neccessary to use current account if i use company name?

seniors...need you guidence.
 
#2
Hi kannan_jay,
Sorry Jay! instead of replying ur query, i want to ask u my query about intraday because u seems to be a genuine intraday trader.
i have a demat a/c with icici bank and the bank charges 0.55% brokerage on each buying and selling for intraday that excludes stt, service tax and stamp dury etc.
So my question is that how is it possible for someone to make a profit on intraday trade?
Can u please provide me a real example which can clear my doubts?
I hope u will answer my query.
Waiting for ur reply.

Thanks in advance.
 
#4
Hi kannan_jay,
Sorry Jay! instead of replying ur query, i want to ask u my query about intraday because u seems to be a genuine intraday trader.
i have a demat a/c with icici bank and the bank charges 0.55% brokerage on each buying and selling for intraday that excludes stt, service tax and stamp dury etc.
So my question is that how is it possible for someone to make a profit on intraday trade?
Can u please provide me a real example which can clear my doubts?
I hope u will answer my query.
Waiting for ur reply.

Thanks in advance.
DEAR FRIEND

" THERE IS NO SPECIAL INGREDIENT'S"

learn basic tech analysis/chart, go along with market, trade with one script initially, come out when reasonable profit or minimum loss.

Dont blindly follow tips
 

nifty

Active Member
#5
Hi kannan_jay,
Sorry Jay! instead of replying ur query, i want to ask u my query about intraday because u seems to be a genuine intraday trader.
i have a demat a/c with icici bank and the bank charges 0.55% brokerage on each buying and selling for intraday that excludes stt, service tax and stamp dury etc.
So my question is that how is it possible for someone to make a profit on intraday trade?
Can u please provide me a real example which can clear my doubts?
I hope u will answer my query.
Waiting for ur reply.

Thanks in advance.
What intraday charges "0.55%" ????? My broker was charging me .1% from last 4 years so I opened new at religare they charge me 0.03% only and 0.2% for delivery.

Happy Trading...
 

nifty

Active Member
#6
Hello,

I have a small query is it really possible to start small investment firm. What is process of starting "small investment firm" ?

Happy Trading...
 

sadiq

Active Member
#7
What intraday charges "0.55%" ????? My broker was charging me .1% from last 4 years so I opened new at religare they charge me 0.03% only and 0.2% for delivery.

Happy Trading...
FUT-NIFTY-24-Jun-2010 15-Jun-2010

TRADE FLOW- Sell /
QTY - 50 /
RATE -5,185.00
VALUE -259,250.00
BROKERAGE -129.63
ST- 13.35
TC- 5.19
SD- 5.19
STC-0.26
STT 44.07
REMARKS -Future

for buy brokerage is 15 rs.
these are all in icici.


this is for intra day.
 
Last edited:
#8
current ac is the just montlyl base savings.
I am doing intraday trading for a year and start to earn money for last few months.Decided to take trading is my full time profession.even though i earn money..difficult to explain others what job i am doing ( coz most of the people doing trade as a side income) so i want to give a name to my bussiness and decide to start small investment firm.

Right now i am using my saving account to credit/debit from trading.
my friend tell me if i use company name all transaction must be in current account.
I am doing bussines from my home..using personal computer

is it neccessary to use current account if i use company name?

seniors...need you guidence.
 

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