This makes more sense than anything sebi have proposed so far. A freshers in the market is suitable for a product suitability test in the first place otherwise what’s the point of it anyway if sebi thinks everyone who doesn’t possess a certain amount of wealth should not be participating in the markets. Highly absurd.
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Thanks for supporting Akash …
Yeah Sebi should place restrictions on newcomers going forward like qualification etc but restrictions in terms of financial limits is completely baseless.
There are associations of every category and groups in society which defend their rights but there’s no such association for the retail traders.
It’s always beneficial to move together so the idea of forming an association looks quite practical. Hope a few mature people come forward in taking up this responsibility too.
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He is talking s***. Them MF guys lobbying with all their false statements and utter nonsense. Its quite disturbing that SEBI actually listens to these guys.
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I came in with just 15k, how about that. I have now built that trading fund to 10 times of that. Not alone through trading but did it.
If HNI rule is applied, I might get kicked out of the market all together. But no worries. I will find a way. I just hate the governemt and SEBI all the so much more now.
First it was paypal for all the freelancers from india, and now SEBI for all the traders. They are all just red taped beep who wouldn’t care for people’s lives and just wreck it in the name of protecting people.
They are playing with fire and will soon find out what it is. Just like Kerala floods.
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Market sud be a fair place for every one , hft daldia , hedge funds, manipulators ko sebi kuch nai karra jo really really really retail pplz ka money kha re hein ,. TAX BHI DIA KUCH NAI BOLA,. UNITE TRADERS ,EK MARCH NIKALO HUH ,RETAIL KE UPAR CHADHRA HE, NAHIN JANTA KI 99% RETAIL TRADERS LOOSE, WE ARE GIVIBG OUR EVERYTHING TO THEM STILL SO MANY FKING RULES.
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Sab traders milke mut denge toh sebi me baad aa jayega ha ha
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I don’t think it is good choice of words buddy. Although, they may be making presumably wrong rules, you don’t have the right to make use of such kinds of words against anyone. They too are citizens of this country and have right to dignity of life. I am not fighting against people but just against the rules.
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Thank you sir.
Every trader is putting in sufficient margins to take a trade then what’s the problem with SEBI??
when traders are trading with sufficient margins, Why does SEBI want to know someone’s networth??
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To know how much more these people have the capacity to lose
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When we have no money in our account,is not it capping to no leting take the position , ITS ALREADY THER , NETWORTH IS NOT A NECESSITY, OUR GOVT HAS IT, AND HOW MUCH MONEY WE R PUTTING INTO YRADING ,THAT SUD NOT BE SEBIS BUSINESS,
THEY SUD ONLY CARE ABOUT THE BROKERAGE AND TAX 
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How does it matter to them??
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I dont understand one thing, if retailers are not in market, who the big guys will fool into buying put options and shorting indices? Why big guys are not protesting?
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What will they say while protesting
Let the small guys stay so that we can loot their money and put in our accounts
They are just sitting tight crossing their fingers …they can’t defend the small guys
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Things will slowly shape up … step by step … just keep watching the circus
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But how will someone do business if such restrictions are applied??
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That someone has to figure out in some way …
govt is not here to give solution … it is here to rule and to take their part of the tax as and when that someone figures out a way to earn
I am seriously thinking of opening pakoda stall …maybe tea stall too
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Getting net worth of 25Lakh shouldnt be an issue for most of the traders, but we have to protest it this time strongly so they dont dare to bring anything stupid in future
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Traders and investors are paying taxes like gst, stt ect. regardless of they r making profits or loss.
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hahaha…that was funny!
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