Zerodha....
- Thread starter bharath.mang
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- Tags bakwaas now cheapest brokerage nest nest plus new broker zerodha zerodha trader
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Sure it was crap but that was because YOU'd posted it & I've clearly linked to every stupid post of yours from saying thing like brokerage doesn't have any effect on profitability to saying things like ICICI is cheaper than Zerodha :rofl: & many more crappy comments.
What was your frickin message?......That low brokerage of Zeodha won't ENSURE profit for everyone..........that's like saying Sun rises from east.....it doesn't take a "genius" like you to tell people that low-brokerage =/ profit.
The only thing Zerodha & others had been trying to point out is that Zerodha's flat-low-brokerage brings the break-even closer & thereby traders' risk is reduced & the PROBABILITIES of making profits increase & you took that out of context, twisted its meaning into something else & then personally attacked everyone who tried to point out your stupidity.
Again, even more proof that you don't read others' posts & just posts non-sense. IF you'd taken the time to read his post then you'd've known that he's already addressed all of your ridiculous contentions.
Can you contradict yourself any more? It seems you don't even read your own posts before posting them here :rofl:
So in your opinion, calling someone a "distration" is a term of respect? :rofl:
I don't think anyone would disagree that the platform should be reliable (that's why I've said that offering a MetaTrader-LIKE platform along with their brokerage & CC will make Zerodha India's top broker but you disagreed with me on that :rofl
The point is that all you've done is personally attack everyone who's dared to disagree with you & saying stuff like ICICI is cheaper than Zerodha is........:rofl: All you've done is invoke confrontations & in such a long thread, you're the only person who's engaged in personal attacks.
What ordeal? YOU've been the biggest ordeal in this thread, as I've said, in this such a long thread, you're the only person who's personally attacked everyone who's disagreed with you
Oh, pot calling the kettle black! :rofl:
Stop deluding yourself into thinking that you're some big-shot super-trader or Warren Buffer or something, & that you can go around giving everyone "million-dollar-advice", or that whatever you say automatically becomes a "fact", or that you can go around personally attacking everyone! :annoyed:
Even if Warren Buffet comes here offering everyone advice then even he can't go around insulting everyone then who the hell are you!
Get over yourself & stop acting like you're some Demigod of Trading.
Again, where have I asked anything for free? When have I asked Zerodha to bear costs? Post it & link it like I've done in my last post to expose all of your stupid arguments.
READ THE FOLLOWING QUOTES & TRY TO COMPREHEND THEM...... IF YOU CAN
What was your frickin message?......That low brokerage of Zeodha won't ENSURE profit for everyone..........that's like saying Sun rises from east.....it doesn't take a "genius" like you to tell people that low-brokerage =/ profit.
The only thing Zerodha & others had been trying to point out is that Zerodha's flat-low-brokerage brings the break-even closer & thereby traders' risk is reduced & the PROBABILITIES of making profits increase & you took that out of context, twisted its meaning into something else & then personally attacked everyone who tried to point out your stupidity.
Again, even more proof that you don't read others' posts & just posts non-sense. IF you'd taken the time to read his post then you'd've known that he's already addressed all of your ridiculous contentions.
Can you contradict yourself any more? It seems you don't even read your own posts before posting them here :rofl:
So in your opinion, calling someone a "distration" is a term of respect? :rofl:
I don't think anyone would disagree that the platform should be reliable (that's why I've said that offering a MetaTrader-LIKE platform along with their brokerage & CC will make Zerodha India's top broker but you disagreed with me on that :rofl
The point is that all you've done is personally attack everyone who's dared to disagree with you & saying stuff like ICICI is cheaper than Zerodha is........:rofl: All you've done is invoke confrontations & in such a long thread, you're the only person who's engaged in personal attacks.
What ordeal? YOU've been the biggest ordeal in this thread, as I've said, in this such a long thread, you're the only person who's personally attacked everyone who's disagreed with you
Oh, pot calling the kettle black! :rofl:
Stop deluding yourself into thinking that you're some big-shot super-trader or Warren Buffer or something, & that you can go around giving everyone "million-dollar-advice", or that whatever you say automatically becomes a "fact", or that you can go around personally attacking everyone! :annoyed:
Even if Warren Buffet comes here offering everyone advice then even he can't go around insulting everyone then who the hell are you!
Get over yourself & stop acting like you're some Demigod of Trading.
Again, where have I asked anything for free? When have I asked Zerodha to bear costs? Post it & link it like I've done in my last post to expose all of your stupid arguments.
READ THE FOLLOWING QUOTES & TRY TO COMPREHEND THEM...... IF YOU CAN
On Stamp Duty,
Well, this has been discussed many a times in these 400+ pages & you've extolled the "benefits" of you being in Karnataka & the Stamp Duty cap there, etc BUT the question is WHOM does it exactly benefit? Is it EVERYONE all the time? Hmm...
Well, State of Karnatata charges SD @0.01% ie Rs.1/- for a turnover of Rs.10,000 while it is @0.001% ie Rs.1/- for a turnover of Rs.1,00,000 in Maharashtra as the following article says.
http://articles.economictimes.india...n-stamp-duty-act-regional-commodity-exchanges
So it means that a trader whose daily turnover is 5 lacs is paying Rs.50/- of Stamp Duty with you while he could be paying Rs.5/- otherwise. Now, loss of Rs.45/- or even smaller losses, although not astronomical, are definitely worth considering & even smaller losses can add up over time, especially so when they're a RECURRING loss as is the case with SD.
The "benefit" of Karnataka's cap is only realized by traders whose daily turnover is 50 lacs or above, everyone else will be suffering upto Rs.45/- of unnecessary loss on every such day when they trade & their turnover is below 50 lacs.
SO, my question to you is, will it be possible for you guys to set up a NAMESAKE office in Maharashtra (or some other state with similarly low SD) & then charge all the traders who happen to have a turnover of less than 50 lacs for the day as per that state's SD @0.001% while all the traders who've traded 50 lacs or more for the day can still avail the benefit of Karnataka's cap of Rs.50/-
I don't know if this can or can't be done but as you've said earlier in the thread, "A penny saved is a penny earned" so I thought that I should put forward this suggestion & see if something like this is feasible for you guys. It could save some money for a lot of the traders who don't have a daily turnover of over 50 lacs.
Well, this has been discussed many a times in these 400+ pages & you've extolled the "benefits" of you being in Karnataka & the Stamp Duty cap there, etc BUT the question is WHOM does it exactly benefit? Is it EVERYONE all the time? Hmm...
Well, State of Karnatata charges SD @0.01% ie Rs.1/- for a turnover of Rs.10,000 while it is @0.001% ie Rs.1/- for a turnover of Rs.1,00,000 in Maharashtra as the following article says.
http://articles.economictimes.india...n-stamp-duty-act-regional-commodity-exchanges
So it means that a trader whose daily turnover is 5 lacs is paying Rs.50/- of Stamp Duty with you while he could be paying Rs.5/- otherwise. Now, loss of Rs.45/- or even smaller losses, although not astronomical, are definitely worth considering & even smaller losses can add up over time, especially so when they're a RECURRING loss as is the case with SD.
The "benefit" of Karnataka's cap is only realized by traders whose daily turnover is 50 lacs or above, everyone else will be suffering upto Rs.45/- of unnecessary loss on every such day when they trade & their turnover is below 50 lacs.
SO, my question to you is, will it be possible for you guys to set up a NAMESAKE office in Maharashtra (or some other state with similarly low SD) & then charge all the traders who happen to have a turnover of less than 50 lacs for the day as per that state's SD @0.001% while all the traders who've traded 50 lacs or more for the day can still avail the benefit of Karnataka's cap of Rs.50/-
I don't know if this can or can't be done but as you've said earlier in the thread, "A penny saved is a penny earned"
so I thought that I should put forward this suggestion & see if something like this is feasible for you guys. It could save some money for a lot of the traders who don't have a daily turnover of over 50 lacs.
Just to put this whole Stamp Duty thing into context, I'm NOT talking about saving a few Rs. for people who trade Rs.10,000 or Rs.50,000 or Rs.1,00,000 (loss of Rs.0.90/-, Rs.4.5/- & Rs.9/- respectively for each) once in a blue-moon or once in a week or a month or several months; I'm talking about "intermediate traders" (those with average daily turnover of many lacs) with decent turnover.
So for example, an "intermediate/mid-size trader" with a daily turnover of 25 lacs will be paying Rs.50/- as per Karnataka's Stamp Duty while he could be paying Rs.25/- for the same turnover as per Maharashtra, Gujrat (?) & possibly some other states' Stamp Duty, which means a trader with a daily turnover of 25 lacs is suffering an unnecessary loss of Rs.25 every day. Imagine that
Similarly, if a trader's daily turnover is 20 lacs, he's suffering an unnecessary loss of Rs.30/-, it'd be Rs.40/- for a trader with a daily turnover of 10 lacs. These smaller losses every day can add up pretty quickly for regular traders & can really eat into the profits.
As I've clarified before, the "benefit" of Karnataka's Stamp Duty cap at Rs.50/- is only realized by those having a daily turnover of 50 lacs or more, everyone else below is losing out on upto Rs.45/-
So for example, an "intermediate/mid-size trader" with a daily turnover of 25 lacs will be paying Rs.50/- as per Karnataka's Stamp Duty while he could be paying Rs.25/- for the same turnover as per Maharashtra, Gujrat (?) & possibly some other states' Stamp Duty, which means a trader with a daily turnover of 25 lacs is suffering an unnecessary loss of Rs.25 every day. Imagine that
Similarly, if a trader's daily turnover is 20 lacs, he's suffering an unnecessary loss of Rs.30/-, it'd be Rs.40/- for a trader with a daily turnover of 10 lacs. These smaller losses every day can add up pretty quickly for regular traders & can really eat into the profits.
As I've clarified before, the "benefit" of Karnataka's Stamp Duty cap at Rs.50/- is only realized by those having a daily turnover of 50 lacs or more, everyone else below is losing out on upto Rs.45/-
Dear Zerodha,
Why is it that every 15 days we have to change our "Login" and "Transaction" Passwords. Agreed it is a requirement from SEBI. But , why can't we use previously used passwords. Ok, immediately preceeding Password , may not be used. But when I tried to use a Password which I had used 2 months back , the system refused to accept. Changing passwords itself is a big headache, Above that if you add more conditions, Password changing becomes more dominant than trading.
Also I don't see the logic behind this compulsory changing of Passwords. How does it help
Regards
Why is it that every 15 days we have to change our "Login" and "Transaction" Passwords. Agreed it is a requirement from SEBI. But , why can't we use previously used passwords. Ok, immediately preceeding Password , may not be used. But when I tried to use a Password which I had used 2 months back , the system refused to accept. Changing passwords itself is a big headache, Above that if you add more conditions, Password changing becomes more dominant than trading.
Also I don't see the logic behind this compulsory changing of Passwords. How does it help
Regards
Re: Why you making things completed???
True, I don't there's much that Zerodha can do about TC until they get a better bargin as their turnover increases in the future & I find it a bit weird that he's unwillling to name his broker
He thinks he's Warren Buffet or some kind of Demigod of Trading & therefore he can go around giving everyone advice & that his words automatically become "facts" & that he can go around personally attacking everyone :annoyed:
It's not even that this person was attacking Zerodha to no ene just a few pages back, called him arrogant, said Zerodha is misguiding everyone by talking about them bringing down the break-even, etc & that Zerodha have spam-accounts to put up good reviews, etc & now he's acting like Zerodha/Sachin is his "lungotiya yaar" :rofl: Same with other members that he's personally attacked. He changes colors like a chameleon & NEVER reads others' posts & then makes baseless straw man arguments about things that others have never said.
Remember, this is the guy who's suggested that people should go with "tried & tested" brokers like ICICI (who've been overcharging their traders for long)
http://www.traderji.com/brokers-trading-platforms/47790-zerodha-439.html#post588227
I agree with the sentiment that we must stand united against people like these who go around spreading disinformation
True, I don't there's much that Zerodha can do about TC until they get a better bargin as their turnover increases in the future & I find it a bit weird that he's unwillling to name his broker
He thinks he's Warren Buffet or some kind of Demigod of Trading & therefore he can go around giving everyone advice & that his words automatically become "facts" & that he can go around personally attacking everyone :annoyed:
It's not even that this person was attacking Zerodha to no ene just a few pages back, called him arrogant, said Zerodha is misguiding everyone by talking about them bringing down the break-even, etc & that Zerodha have spam-accounts to put up good reviews, etc & now he's acting like Zerodha/Sachin is his "lungotiya yaar" :rofl: Same with other members that he's personally attacked. He changes colors like a chameleon & NEVER reads others' posts & then makes baseless straw man arguments about things that others have never said.
Remember, this is the guy who's suggested that people should go with "tried & tested" brokers like ICICI (who've been overcharging their traders for long)
http://www.traderji.com/brokers-trading-platforms/47790-zerodha-439.html#post588227
I agree with the sentiment that we must stand united against people like these who go around spreading disinformation
Dear Zerodha,
Why is it that every 15 days we have to change our "Login" and "Transaction" Passwords. Agreed it is a requirement from SEBI. But , why can't we use previously used passwords. Ok, immediately preceeding Password , may not be used. But when I tried to use a Password which I had used 2 months back , the system refused to accept. Changing passwords itself is a big headache, Above that if you add more conditions, Password changing becomes more dominant than trading.
Also I don't see the logic behind this compulsory changing of Passwords. How does it help
Regards
Why is it that every 15 days we have to change our "Login" and "Transaction" Passwords. Agreed it is a requirement from SEBI. But , why can't we use previously used passwords. Ok, immediately preceeding Password , may not be used. But when I tried to use a Password which I had used 2 months back , the system refused to accept. Changing passwords itself is a big headache, Above that if you add more conditions, Password changing becomes more dominant than trading.
Also I don't see the logic behind this compulsory changing of Passwords. How does it help
Regards
As for re-using the same passward.....well, that can be a bit iffy too.... what if someone had captured your old passward that you'd used 2 months back, if you re-use it then your acount would still be in danger......but again there are many probabilities involved....
But I can understand that changing passwards all the time can be very annoying :lol:
In any case, you should definitely check out the PC-Protection section on Traderji, security of information such as our account passwards & such are very important
http://www.traderji.com/pc-protection/
Dear Zerodha,
Why is it that every 15 days we have to change our "Login" and "Transaction" Passwords. Agreed it is a requirement from SEBI. But , why can't we use previously used passwords. Ok, immediately preceeding Password , may not be used. But when I tried to use a Password which I had used 2 months back , the system refused to accept. Changing passwords itself is a big headache, Above that if you add more conditions, Password changing becomes more dominant than trading.
Also I don't see the logic behind this compulsory changing of Passwords. How does it help
Regards
Why is it that every 15 days we have to change our "Login" and "Transaction" Passwords. Agreed it is a requirement from SEBI. But , why can't we use previously used passwords. Ok, immediately preceeding Password , may not be used. But when I tried to use a Password which I had used 2 months back , the system refused to accept. Changing passwords itself is a big headache, Above that if you add more conditions, Password changing becomes more dominant than trading.
Also I don't see the logic behind this compulsory changing of Passwords. How does it help
Regards
I feel Login Password is compulsory but not transaction.
R
@New Born Day Trader:
I appreciate dear...and this is a one liner:Come to the same place a year after trading and you will understand every bit of what I wrote..:clap:
Appreciate your enthusiasm...:clapping:
Minimum time frame required for you to get into your head whatever I wrote: 1 year...and till that time I can bear with you..but why you get so excited on being called a freebie
You are correct...but why Demi God...Full God..:clapping:
I appreciate dear...and this is a one liner:Come to the same place a year after trading and you will understand every bit of what I wrote..:clap:
Appreciate your enthusiasm...:clapping:
Minimum time frame required for you to get into your head whatever I wrote: 1 year...and till that time I can bear with you..but why you get so excited on being called a freebie
You are correct...but why Demi God...Full God..:clapping:
http://www.firstpost.com/investing/surprise-bse-nse-kiss-and-make-up-97652.html
Talks of BSE and NSE data being made available in the future on a common platform. Is there any likely hood that Zerodha might offer BSE cash market trading if NSE-NOW allows BSE trading?
Talks of BSE and NSE data being made available in the future on a common platform. Is there any likely hood that Zerodha might offer BSE cash market trading if NSE-NOW allows BSE trading?
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