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Old 21-09-2015, 12:53 PM
Bengaluru Bengaluru is offline
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Default No Matter What Brokers will Have Last Laugh Everyday!

Hi Traders,

This is my first post and I'm new to trading, but have formidable knowledge about stock market. As per my view!

"No Matter What! Brokers Will Have Last Laugh Everyday!"

Even lost cost brokers, as per their claim!

By the way i trade with Zerodha!

Please share your thoughts.

Thank you!
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Old 21-09-2015, 01:05 PM
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So what

Broking is a business and they have thair costs and business pressures, exchanges too make big money from trading volume but end of the day trader's skills and knowledge are responsible for profits,not other factors.
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Old 21-09-2015, 01:11 PM
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Originally Posted by Bengaluru View Post
Hi Traders,

This is my first post and I'm new to trading, but have formidable knowledge about stock market. As per my view!

"No Matter What! Brokers Will Have Last Laugh Everyday!"

Even lost cost brokers, as per their claim!

By the way i trade with Zerodha!

Please share your thoughts.

Thank you!

Brokers matters.some traders love brokers who are not in their city.some loves those brokers who maintain their a/c in old-fashioned offline way.It is basically at the traders comfort level.some loves charping sub-brokers who suggests stupid stocks or they can see them in their vegitable market.

"No Matter What! Brokers Will Have Last Laugh Everyday!"
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Disclaimer: I am not a Research Analyst and not registered with any regulating authority. All posts are for educational purpose only.

Consider us a dumb -dumble guy in this analysis, any type of real time example will be quick-learn approach.
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Old 21-09-2015, 02:51 PM
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Formidable knowledge, hmm, can you share something with us please.
Broking business is tough and have many facets to it. A trader cant trade freely as per his wishes, its a cost every trader has to bear.Add it to business expenses.
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Old 21-09-2015, 04:45 PM
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Ok,

Let's not take this into wrong way!
I love the Zerodha & RKSV handling there customers today.

But few of my friends traded with Karvy & BNP & others. They seems to unhappy even though they are on winning side.

Yes, Absolutely business cost matters. For retail traders especially early budding traders like me it's really pain in a$$.

We earn profit of 500Rs. & pay brokerage of 300 Rs. So this point intrigue me.

So I just inquired about your thought.

No pun intended! No harm taken..So chill..

Thank you

P.S: Pardon my butler english.
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Old 21-09-2015, 09:47 PM
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Originally Posted by tulip View Post
Formidable knowledge, hmm, can you share something with us please.
Broking business is tough and have many facets to it. A trader cant trade freely as per his wishes, its a cost every trader has to bear.Add it to business expenses.

Relpy to tulip: "Formidable knowledge, hmm, can you share something with us please."

I guess, I messed up..Few words.
Unsure about meaning of word.

I can give you a simple a most truthful knowledge as being part time horse racing gambler.

1. Never gamble with the money when you can't afford to buy weary n teary underwear.

2. Showing off while you are trading or gambling with your friend. "Bhe sale main bola tha na ye Ghodha Jeetega. "While your all money ended up in drain!"

3. No matter how sexy & beautiful is your neighbor aunty you have to wait for right time take chance. Early or late during his husband exit or entry. There will be absolute chaos in the end.

Few are top most in my head now. Will add if required.

I'm sorry, If I'm being naive here.
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Old 21-09-2015, 09:56 PM
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Waiting to learn friend, carry on.

Last edited by novicetrader; 21-09-2015 at 10:13 PM. Reason: typo
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Old 22-09-2015, 03:09 PM
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Yes and particularly Religare My brokearge charge was 5p and 50 p,and option Rs75 per lot.When option value is more than Rs7500 they are charging 1% on each lot.I complained to them that the charge was too high.They said they will reduce that to 3p and 30 p and option Rs50 per lot.Now I am noticing that they are charging same 1% on option above Rs 5000 and previously stock which were in Rs20-25 for buying and selling I have to pay brokerage of 1p(Intraday) and now minimum charge is 3p(intraday) and my RM is not responding to my phone call .They are not supplying me with the details brokerage plan they have.
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Old 22-09-2015, 03:44 PM
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Originally Posted by subrata_ind View Post
Yes and particularly Religare My brokearge charge was 5p and 50 p,and option Rs75 per lot.When option value is more than Rs7500 they are charging 1% on each lot.I complained to them that the charge was too high.They said they will reduce that to 3p and 30 p and option Rs50 per lot.Now I am noticing that they are charging same 1% on option above Rs 5000 and previously stock which were in Rs20-25 for buying and selling I have to pay brokerage of 1p(Intraday) and now minimum charge is 3p(intraday) and my RM is not responding to my phone call .They are not supplying me with the details brokerage plan they have.

Get an account with Zerodha, Composite Edge or RKSV. All of them have very competitive rates.

Traditional Brokers with RMs will end up costing you more unless you are a really big fish.

-- no1lives4ever
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Old 05-10-2015, 09:55 PM
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Originally Posted by subrata_ind View Post
Yes and particularly Religare My brokearge charge was 5p and 50 p,and option Rs75 per lot.When option value is more than Rs7500 they are charging 1% on each lot.I complained to them that the charge was too high.They said they will reduce that to 3p and 30 p and option Rs50 per lot.Now I am noticing that they are charging same 1% on option above Rs 5000 and previously stock which were in Rs20-25 for buying and selling I have to pay brokerage of 1p(Intraday) and now minimum charge is 3p(intraday) and my RM is not responding to my phone call .They are not supplying me with the details brokerage plan they have.

You better look for alternative option!

Zerodha Charges (Equity) - Only 38 Rs Per 1Lac Turnover! This includes everything STT, Brokerage,Etc.. Either you win or loose!
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