Every day many people are doing suicide regularly for various reasons not related to the stock market.
For example, much more younger people are doing suicide bcoz of the anxiety of exam. Should we close the exam too? 
4 Likes
It’s a long list of do’s and don’ts. If we had taken time to be aware of our rights and obligations, choose people carefully to lead us, make noise whenever something wrong happened, made effort to keep the system clean, then everyone’s life would have been much easier and smooth.
Our constitution is self regulatory in nature, i.e. a system has been made so that we can self rule, but this system has become so cumbersome that it is so difficult to self regulate now.
I lost what I wanted to say. Sorry… I have been awake past 2 so may be I am having a little “hangover”.
3 Likes
The proof that SEBI has gone nuts…Now NRIs are in trouble.
Overzealous SEBI ?
“The government may be keen to fix money laundering and nobody questions the need for KYC norms, but this circular also ends up treating all NRI fund managers as possible conduits for money laundering,” said Nishith Desai, who owns the law firm Nishith Desai Associates.
They still are not clear why this rule has been created. Whimsical SEBI ?
The AMRI has met SEBI Chairman Ajay Tyagi as well as Finance Ministry mandarins to understand the objectives behind the circular but is still awaiting clarity on what they have termed an ‘existential crisis’ for several India-focused funds. On August 29, AMRI had written a fresh letter expressing its concerns to the SEBI Chairman with copies marked to Prime Minister Narendra Modi and Finance Minister Arun Jaitley.
1 Like
Today I received a mail about additional surveillance margin asking upto 5% margin.
Do we have any other options for day traders ?
You best option is to fight. Go to this thread -
SEBI wants to kick you out. Better fight or leave the market. The middle ground is trading in a dead market.
3 Likes
You know what, I was actually waiting for this. I had a feeling with indexes doing all so well and sectors yet to show something actually and really good, I think, I know where all this is going and why SEBI has gone so crazy.
May be the markets are actually sitting on a big bubble and SEBI has been trying to stop it from bursting.
But I don’t know this is just a wild guess, based on all the news that I read since past year or so and the things that have been happening since lately. It’s like Kerala floods people; people getting too greedy to see it coming and actually make it happen due to actions influenced by greed.
It’s going to be diwali for the markets. Fireworks everywhere LOL… (I am just being sarcastic BTW)
2 Likes
I think everything will soon settle down, until then just need to wait a little. Until it all does. And when it does, BSE like story may emerge. A brand new and very effective and robust system which gives opportunity to all to grow. Hopefully… 
13, 14 may be 15000 everyone and all in just one short jump. I hope I am correct in all this.
1 Like
It’d be a good idea if we step up and overturn this rather than waiting and things to self-regulate.
You can/must go for it, if you feel that way but for me, sometimes I’d rather wait and watch as for me, there is nothing ; absolutely nothing , that really really bothers me. As so far in my life I have kinda always found a way to come out of even life threatening situations, by my wit and by god’s grace ofcourse.
So I am kind of nonchalant right now and as I said, until I am ready to effect changes in a way that I want, i may wait on the sidelines. I know this could turn things away from me, but I know, in the long run I shall be able to turn things my way.
Also, regards voting, I didn’t because, I can’t fund much and also wouldn’t want to be just moral support, but rather be more than that and be an active part of it. So… no vote yet.
This is crowd funding, we are not asking for much. And why not help out your brethren? Yeah you may let this die, you probably have alternatives. But we don’t want to be sidelined to alternatives. And I guess it’d be a good idea if you had the market as an option along with whatever else you could do.
People participation is goin down, can feel it lol, pura rules toh abhi aye bhi nahi hein ,full nse penda haha
1 Like
Take this shitty oppurtunity to a golden oppurtunity to go into other market, dont dive down with nse if u r a professional. Noob nse
1 Like
Very true … I think we as citizens have failed to keep a check on the leaders we vote … we just vote and assume that the party we voted will definitely care for us. Everyone comes to power these days only to serve themselves.
8 Likes
absolutely true and sad too…
1 Like
SEBI’s intentions are clear :
- they are favouring certain group of market participants (i.e. FIIs to attract foreign investors).
- keeping away certain groups of market prticipants (i.e. retail investors) especially when the markets are at all time high.
retail traders/investors can’t take onvernight short positions in cash segment if they r kept away from F&O.
2 Likes
Every good thing must come to an end at some point. I guess. May be this is the end for the good days. So I am just preparing to brace for the impact.
Mr. Stark, I don’t feel so good. I don’t wanna go. Sir, I don’t wanna go.
Sorry, I am trying.
1 Like
One of our fellow traders received an email asking him to submit income proof in the form of ITR Acknowledgement receipt, Bank Statement etc. from ShareKhan.
Anybody else get that?
https://www.sharekhan.com/services/notices/SebiNotice_lp.html
Curios wording : Bank statement of any last 6 months starting from July 2009 till date can be submitted. The bank statement should be such that it should commensurate with the positions (15% of the total exposure taken by the client) in the derivative segment.
True but the thing this govt is doing is just supporting the billionaires of india .Have you checked Ambani’s rank in forbes ,he was in top 40-50 in 2014 now he’s in top 15 …
3 Likes