I would run as fr and as fast as I could from such brokers, because when the market goes into circuit, its is people like me who will have to bear YOUR loss, because edelweiss did not tke marginns from you, and may fold up bcos of that. If they have 500 such accounts, its only a matter of time when they fold up, no an IF.
Its like going to a prostitute and using a condom. Heck, many do it, but one slip, and you are dead
You may miss catching AIDS the first few times, but its only a matter of time before you do.
Be like Zerodha Abstain from extra marital affairs They will never entertain margin compromises, because they get a measly 20 rs from you. A vada paav now costs 10 rs I doubt they would risk loosing 50 lakhs for 20 rupees? Or 1 wada paav and one chai? Even mcaloo tikki is now 25 rs
Its like going to a prostitute and using a condom. Heck, many do it, but one slip, and you are dead
You may miss catching AIDS the first few times, but its only a matter of time before you do.
Be like Zerodha
Abstain from extra marital affairs They will never entertain margin compromises, because they get a measly 20 rs from you. A vada paav now costs 10 rs I doubt they would risk loosing 50 lakhs for 20 rupees? Or 1 wada paav and one chai? Even mcaloo tikki is now 25 rs
Sir your problem is to top the comedy charts on trader ji you will write anything without reading what others have written . there is absolutely no compromise on margins here ( the problem is with your understanding and also pre empting what zero dha will or will not do )
1) Now let me make u understand what edelweiss has done so that u dont jump from the bed next time without the knowledge and make your self a laughing stock of the sesoned traders
{ I have 1 crore worth of stocks lying with edelweiss for that after hair cut they can provide me margin of 65 lacs as the stocks are high beta but are all fno stocks with 25 to 50 % hair cut so average is 65 lacs they have kept half of my stocks in collateral so i can get 35 lacs as margin on them i have just taken 30 lacs margin where as accoring to exchange i am elegible for 65 lacs after all the checks and balances }
2) If market hits circut we will not go down but make more money as we are short and future go to discount much - much before market hits circuts and we reverse our postions , even if we cannot do it we make money not loose if market hits circuts
3) You have no idea of what edelweiss is and i dont trade at reatail level
but then you even dont know any thing about margin also
4) If to be successfull please make your selfclear as what you have to do
u want to be a comedian part time , a writer or a trader , or if u cant even trade and are a typical looser who comes on trader ji and make fun of every one without understading what they are saying
5) Writing about CONDOMS AIDS PROSTITUES is not my way of doing things
i work and earn my living from this market from last 8 years and am failry successful in my life dont have to sell vada paw allo tikki and samosa , just trying to see what more can i do here so i generally talk sense and try not to make fun of people
6) Though i seriously doubt what i have written will be understood by you so iIam explaing as if you would explain a 10 year old about this market Ie.
I am allowed by exchange and sebi to to get margin for trading futures worth
65 lacs but i am asking zerodha to provide me a margin of just 30 lacs
in this if you think you can go down or edelweiss , or zerodha will go down
then nse doesnt agree with you , may be u are smarter than every one but still this is what rule book says so u can chill
