I dont think you know the risks involved in trading , so please don’t talk about others.
infact you should stop trading, if you are currently.
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you can keep your doubts to yourself.
SEBI is doing just fine.
BTW , this issue has nothing to do with moral science. So please go and learn what moral science is first.
…
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I will give you one example @trader_dude
Ask govt. to regulate entrepreneurs also. Most of startups end up being a bust and people lose money.
So have govt. do IQ test of entrepreneurs first otherwise they should put locks on their startup office.
Or infact if they are able to get some funding, remove all funding and ask them to start their business only based on their net worth.
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Such a brilliant idea 
Everyone should be equally liable …
Individual trades with his own money but entrepreneurs do business by borrowing from banks which is money that belongs to people of the country … so entrepreneurs and HNI should also declare their net worth before they start ventures
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sebi should banned all tips giving companies instead of this step.
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At the EOD, no value has been created. Only money exchanges hands in trading.
Government itself wants to curb derivatives trading because:
- It wants to encourage SLB (Stock lending & borrowing)
- Govt not comfortable with 15:1 ratio for derivatives to equity trading
- Arun Jaitley himself has said there are too much of privilege for derivatives trading which was like government itself is discouraging youngsters from starting their own manufacturing unit or other business.
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Akhe achey mood nu aisi tesi kar di…SEBI mawo awo…Mehrauli mein mera CA chacha hain…thok ke ley aunga Net worth di…
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‘Only money exchanges hands in trading.’
Why are high net worth individuals allowed to trade then if it’s not creating any value.
Why not abolish trading completely for everyone then
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Unfortunately i am not a SEBI employee.
Trust me if i was , SEBI’s proposals would be much more stricter.
Think if me as the thanos of the trading world , but unfortunately i don’t have the trading infinity gauntlet.
Let me ask you this.
Do you know the Minimum net worth required for retail traders to trade derivatives as per the new SEBI proposal?
Sadly , you are comparing apples to oranges.
Startups create value in the economy , what do traders provide? since they are also considered to do business.
Do traders create ANY value to the economy? Think hard about this.
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SEBI as such could have banned retail investors from doing derivatives, but what they’re doing right now is the softest option available. (ask yourself: what were u able to do when there was note ban of 500, 1000 denominations).
There are lot no. of lazy geeks who jus wanna make quick bucks without actually working. Govt wants to put a cap on them.
A crow cannot become a pigeon irrespective of how much altitude it flies. HNIs wont get affected much by the loses as they will be having huge background and this won’t affect their bread n butter.
Same is not the case with most of the common people. I have personally seen only few traders who has recovered their losses. Unfortunately, most of others hav gone without any address suffering for the rest of their life.
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A trader is PROVIDING liquidity to “Investors”. When all the INVESTORS want to exit a stock at the same time, a trader is willing to take the opposite position for a short duration of time and thereby decreasing the impact cost for the exiting investor. If capital markets are SMOOTH then it increases overall confidence of the participants and hence its EASIER for companies to raise funds via equity. This in turn ADDS VALUE to the economy because people’s savings are channelled to productive assets instead of speculative assets like Gold,real estate, cryptocurrency etc
I hope you got the answer to your insulting question.
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So nicely put:ok_hand:
What value…
Most of them gets failed even after taking tax benefits and other stuff… Eventually govts gets nothing to spend in economy
On other hand trader pays whole lot of taxed be it STT stamp duty , nse/bse SEBI turnover charges plus income tax evry year… Definatly giving govt more money to spend instead of those uselesss startups…
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So you are telling me that you are a market maker and you are paid for it?
Newbie and I were discussing something entirely different. It was a comparison b/n startups and traders. The context here is different.
you are talking about providing liquidity which has nothing to do with ECONOMY as a whole. The context here is different.
Don’t try to justify the actions of a few retail traders.
I don’t see what is insulting in the question.
I still don’t see how speculation by retail traders is adding any value to the economy.
No one is forcing you to trade if you think taxes are high.
you can choose not to trade.
you cannot compare taxation on startups and traders , two very different areas of business.
If you and @Raz dont understand what is the function of a trader then god save you. Why are you even in the markets I ask ?
In the same vein **
WHAT VALUE DID SACHIN TENDULKAR ADD TO THIS NATION BY HITTING A BALL AROUND IN A STADIUM ?
**
http://images.mid-day.com/images/2017/jan/22-tendulkar-s.jpg
What REAL value is added when you turn gold into jewellery ?
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There also so many tertiary jobs created related to trading. So just stop this mindless philosophical questions.
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The discussion always derails when you enter a thread unfortunately !
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