Hello Friend,
Seems like you have not learned lesson from your past mistakes (Last financial year, I incurred a loss of 1.75 Lakhs.
Mostly losses due to F&O segment)!
Do you want to do same mistake again ? If yes, then go ahead. You know the end results very well!
An update on the discussion
Due to my fear of not generating any profit between September 2023 to October 2023.
I returned my loan to someone
And not faced any losses.
In April ,I started this same process and increased my stake high by
Taking loan 3 lakhs for 2 year tenure at 12 % per annum
A bank loan with EMI amount of ₹ 15,550
Loan start date 15/04/2024 ,EMI due date 10 th of every month.its been 3 months 21 days since I started this process.
My profit is ₹ 51,450
Only Equity segment
A)Profit from equity delivery= ₹ 48,740
B) profit from stocks dividend= ₹ 2,710
My target percentage is 5% per month to the capital amount (3 lakhs)
My verified PL statement
Note:
Only problem,I am currently facing is high STT charges.
How do I minimise this particular charges
-
Take fewer trades with better edge per trade. Returns will probably reduce.
Nothing else we can do without changing instrument. -
Dont vote for bjp as they keep increasing STT calling it tiny tax ? But no guarantee other govt wont do same.
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