Zerodha - Number One Discount Broker in India
- Thread starter Traderji
- Start date
Now Pawan Arora Zerodhas's 400% winner in 60 days challenge is taking a break for few days to do some paper trades. :rofl:
He has just started giving calls through his blog. Now what about his customers.
That's the market. No mechanical system can predict the market always because market is dynamic. It is the trader's mind and collective decisions. Actual reason of his recent failure is psychological.
Here is his quote from his blog. We must learn from this.
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Pawan Arora :-
20 Sep - Series of Losses has overwhelmed us, The trades which we did not take because of those major events would have given us profit and the ones which we took are being closed by stop loss.
Taking a break for few days to do some paper trades.
He has just started giving calls through his blog. Now what about his customers.
That's the market. No mechanical system can predict the market always because market is dynamic. It is the trader's mind and collective decisions. Actual reason of his recent failure is psychological.
Here is his quote from his blog. We must learn from this.
-------------
Pawan Arora :-
20 Sep - Series of Losses has overwhelmed us, The trades which we did not take because of those major events would have given us profit and the ones which we took are being closed by stop loss.
Taking a break for few days to do some paper trades.
Now Pawan Arora Zerodhas's 400% winner in 60 days challenge is taking a break for few days to do some paper trades. :rofl:
He has just started giving calls through his blog. Now what about his customers.
That's the market. No mechanical system can predict the market always because market is dynamic. It is the trader's mind and collective decisions. Actual reason of his recent failure is psychological.
Here is his quote from his blog. We must learn from this.
-------------
Pawan Arora :-
20 Sep - Series of Losses has overwhelmed us, The trades which we did not take because of those major events would have given us profit and the ones which we took are being closed by stop loss.
Taking a break for few days to do some paper trades.
He has just started giving calls through his blog. Now what about his customers.
That's the market. No mechanical system can predict the market always because market is dynamic. It is the trader's mind and collective decisions. Actual reason of his recent failure is psychological.
Here is his quote from his blog. We must learn from this.
-------------
Pawan Arora :-
20 Sep - Series of Losses has overwhelmed us, The trades which we did not take because of those major events would have given us profit and the ones which we took are being closed by stop loss.
Taking a break for few days to do some paper trades.
Pawan is watching us on traderji.
As soon I have posted here, he posted just TODAY [23 rd] with date of 21 st Sep (below quote). So he is not saying the truth. I believe there is no customers too. :rofl:
Pawan Arora :-
21 Sep - Recharged myself in weekend, And I am back to trade, Paper trading will not help. Dont want to miss further signals due to paper trading . We are short from 5950 today with the real money
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Better ignore such person. And don't pay him [or anyone fraud star] for tips.
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Pawan is watching us on traderji.
As soon I have posted here, he posted just TODAY [23 rd] with date of 21 st Sep (below quote). So he is not saying the truth. I believe there is no customers too. :rofl:
Pawan Arora :-
21 Sep - Recharged myself in weekend, And I am back to trade, Paper trading will not help. Dont want to miss further signals due to paper trading . We are short from 5950 today with the real money
------------
Better ignore such person. And don't pay him [or anyone fraud star] for tips.
Pawan is watching us on traderji.
As soon I have posted here, he posted just TODAY [23 rd] with date of 21 st Sep (below quote). So he is not saying the truth. I believe there is no customers too. :rofl:
Pawan Arora :-
21 Sep - Recharged myself in weekend, And I am back to trade, Paper trading will not help. Dont want to miss further signals due to paper trading . We are short from 5950 today with the real money
------------
Better ignore such person. And don't pay him [or anyone fraud star] for tips.
Yes there is discrepancy, on one hand he is giving date of 21 Sep and writing We are short from 5950 today with the real money
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If some one is confident after such 400% profit, he'll not start giving tips, rather use his own money more efficiently. Some trend following system catch market move well when market is trending like past few months in 2013. But in range bound condition such system will loose more money.
And fraud stars always have discrepancy.
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Whenever any short term swing trading system (blindly followed) is tested with more than 12 years data (with deducting all type transaction cost) it is in LOSS always. That's proven fact.
Stamp Duty is to be paid depending on in which state the broker has his Registered Office...and not where clients live. If you are charging extra stamp duty because you have some representative offices in Tamilnadu, Gujrat, Maharashtra etc...then you can think of closing these offices if they are only for helping new customers in filing the aplication forms. All earlier accounts were opened with only Bangalore office.
This is going to be a major issue and we request you to see what the correct legal position is and not give in to the unfair demands of few State Governments.
Smart_trade
This is going to be a major issue and we request you to see what the correct legal position is and not give in to the unfair demands of few State Governments.
Smart_trade
I dont know what the fuss is about stamp duty. Already Zerodha is working on wafer thin margins.
If we can spend the same time on our trades rather than this stamp duty, we would probably be earning twice as much.
On another note, if Zerodha were to bring in a word class charting software like Meta trader 4 (which they say would be out in a few months), I wouldn't mind paying Rs 30 or more per trade.
The future of the brokerage business is going to be all about cost and advanced software and I guess Zerodha has realized that and is working on it.
If we can spend the same time on our trades rather than this stamp duty, we would probably be earning twice as much.
On another note, if Zerodha were to bring in a word class charting software like Meta trader 4 (which they say would be out in a few months), I wouldn't mind paying Rs 30 or more per trade.
The future of the brokerage business is going to be all about cost and advanced software and I guess Zerodha has realized that and is working on it.
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