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No issues, once we know that Zerodha is not keen on fixed brokerage plans, fair enough, chapter is closed.....no point arguing/suggesting .....

Smart_trade
 
Is market so silent on an expiry day today?? So many people jumping on a conversation like this?? ;)...
Traders' participation in the thread during market is inversely proportional to movement in the market.....:D

ST
 

Zerodha

Well-Known Member
Extra STT is charged at the time of settlement if one is holding a short? That means when it is bought to cover by exchange for settlement?

Thought there was no STT on buy side.
The whole idea of an option is that on the expiry actual delivery of the underlying should happen.. So if you have calls you should be able to buy the same amount of shares and if you have puts you should be able to sell shares , both at the strike price...

In India though, there is no actual delivery of the underlying happening, but if you let it expire they consider it as delivery based buying or selling for STT purpose.. So if you are holding calls, you have to now pay STT according to delivery based trade, and this would be applicable only on your buy option positions rather than your sell option positions , because on sell options you have already paid your STT..

Hopefully that wasn't confusing!! ! :)
 

TheDreamer

Well-Known Member
Let them charge what they want, how they want. They are not forcing anyone to pay them, or do business with them.

You are free to decide if you want to continue with them or shift to another broker.

I X hotel sells a dosa for 30 rs and Y hotel sells for 120 rs, do you force hime to selll at 30 rs, by building arguments, about how much his raw material costs?

He ill tell you to stuff your ***** up your own ***** and ***** off

Just because these guys are polite, people are ******** them.

PS: The asterix are typed by me, not substituted by the moderator :)

Negotiation is a skill which might not be everyone's forte... :D

Pros & Cons of stuffs are discussed for betterment of those... what can be seen as a highly charged up street-argument can be solved through proper logic & debate...

Customers of Zerodha are suggesting something which may/may not be one of the the priorities/business principles of Zerodha... but who knows! ;)
 
Traders' participation in the thread during market is inversely proportional to movement in the market.....:D

ST
I would argue otherwise.
While markets are falling, posts on TJ come down drastically. Not talking of this particular thread, but in general.

In bull phases, you have all those double your money in 2 trades, and 100 trades and 50 trades threads, and in silent markets you have lacklustre participation.
 

Zerodha

Well-Known Member
Negotiation is a skill which might not be everyone's forte... :D

Pros & Cons of stuffs are discussed for betterment of those... what can be seen as a highly charged up street-argument can be solved through proper logic & debate...

Customers of Zerodha are suggesting something which may/may not be one of the the priorities/business principles of Zerodha... but who knows! ;)
I was not pointing out to any one broker on this forum.. ;).. Today brokers like S_Khan, U_CON, BM_ _ Creators, and so many more are taking 50k to 1lk upfront to give a deal... Most of their sales people are pushed to sell these products and so many gullible traders are being taken for cleaners...

People have 3lks in their account and they pay 1lk as an upfront brokerage!! Do you think it is right.. Your argument would be that if he is paying he is a fool.. But does that mean that just because he is a fool, a company can do what it wants?? Why have a regulatory body then??

You and I(the ones who research before buying a product) just belong to probably less than 1% of the population...

When you buy prepaid mobile, bus ticket, gift vouchers, you pay and get a product which is valid for a particular period of time.. Does your prepaid recharge itself beginning of every month?? most of the upfront packages running in broking business does that.. I can keep saying a lot of things, but I might be considered as a person who has a vested interest, so will keep quiet...

The issue though is, educated Indian is probably the toughest customer in the world.. ;)...

As I had said before, for now our focus is to get all exchanges on one platform and give all the tools that might aid you in being profitable in the markets.. We will keep doing interesting things in between to bring in some fun into trading.. ;)..
 

TheDreamer

Well-Known Member
... ... ...

i was not pointing out to any one broker on this forum.. ;).. Today brokers like s_khan, u_con, bm_ _ creators, and so many more are taking 50k to 1lk upfront to give a deal... Most of their sales people are pushed to sell these products and so many gullible traders are being taken for cleaners...

no need to take names... We are expecting deals from zerodha which will keep both the parties interested and happy (as promised by you)... ;)

people have 3lks in their account and they pay 1lk as an upfront brokerage!! Do you think it is right.. Your argument would be that if he is paying he is a fool.. But does that mean that just because he is a fool, a company can do what it wants?? Why have a regulatory body then??

one of my uncles in us bought a plane (2nd hand) when he didn't know how to fly... Later on sold it as good as scrap... I call these people fool (as we lack better words to describe them in forums like tj)... :lol:

You and i(the ones who research before buying a product) just belong to probably less than 1% of the population...

different levels of emotions are attached to buying different products... An aspirational buy can't be compared with regular purchase (remember your cigarette example)... Any person goes through 5 or 6 stages of judgement while buying stuffs of value (at least that much p. Kotler says)... :rofl:

When you buy prepaid mobile, bus ticket, gift vouchers, you pay and get a product which is valid for a particular period of time.. Does your prepaid recharge itself beginning of every month?? Most of the upfront packages running in broking business does that.. I can keep saying a lot of things, but i might be considered as a person who has a vested interest, so will keep quiet...

couldn't get your point...

the issue though is, educated indian is probably the toughest customer in the world.. ;)...

if so, that's good to know... :)

as i had said before, for now our focus is to get all exchanges on one platform and give all the tools that might aid you in being profitable in the markets.. We will keep doing interesting things in between to bring in some fun into trading.. ;)..

hope is eternal... :)
 
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