Believing that there are outliers not know publically or outliers in the making seems to have a higher probability to being true than declaring them extinct
Fully agree with the abysmally low 1-2% probability of making it big.
No intention of pating my own back, but Iāve consistently been in that top 1-2% category in all of the important phases of life, so I believe Iāve a fair idea of the struggle, efforts and process to give markets also a shot to continue the track record here as well. I might still have not reached there but surely have made enough progress to get the destination in visible sight and the current system of weekly expires are like boosters in this journey.
Not that everything will be lost if weekly is banned, things may get delayed, more rework might be needed to adjust to monthly, but itās always more comfortable to be seated on a direct flight to the destination than having a layover
Right, product suitability framework would be the ultimate disastor if it outrightly bans all retail peeps or set the bar so high that only HNI kinds are deemed suitable.
At max a qualifying exam or some other well known finance certifications is ok, nothing other than that
But I donāt think this proposed product suitability framework would be applicable for LLPs and definitely not for corporate accounts
Even if itās a very high bar set in terms of networth/income, Iām personally ok with it assuming the status quo will remain till the end of 2025.
But, the decisions on contract tenures, lot sizes, expiry days etc should better be left to free market system
The next planned phase is cash segment, but the estimated return on capital is no where close to option buying, that Iām currently working on.
Post the option buying max capital saturation for the model is reached, the next logical step is obviously cash segment/single stock futures
PS: Iām not a zero hero option buyer, Iām a systematic fully automated algo trader
1 Like
If this happens with weekly being intact, I would be eternally greatful to my lucky stars (SEBI Chief and the Finance Ministerš)
1 Like
Consultation paper is completely eye washing ,they are not even bother about that , the decision has been made ,this is just like a formalities to publish consultation paper
1 Like
This is what Id like
- STT abolishment in Cash mkt
- Weekly expiry but with curbs to reduce JS type manipulations
- Inverse ETFs
I agree Retail traders should have a lobby/forum/representation
9 Likes
It is never going to happen dear friends. Traders canāt be united.
Because they all believe one knows better than the other. They will never come to a common platform, even if they come to a common platform, they will start to fight with each other within few days of protest.
I am trading since 2003ā¦ in F&O from 2008ā¦ only option from 2020ā¦ I know traders more than the market 
5 Likes
You are right, but we need to change ourselves to survive.
1 Like
I do agree that we need to united. But Iām afraid the decision has already been made.
What are the chances of a complete ban in F&O for retailers?
( They are not going to frame it that way, but still can use the product sustainability framework that they are talking about to exclude all retailers from F&O )
1 Like
At most the concession we can expect is bimonthly for a short period.There is no backtesting available for bimonthly, even if we work hard and fine tune a strategy, these people will come again to ban it.( onlysix months ago they banned daily expiry)
See the higher ups plan is to retain only monthly expiry ,even if they bring bimonthly expiry they will ban it shortly.
I do not know whether they can ban monthly expiry. if possible they will do that also.
What they want is clear ,they want money in banks as FD as bank deposits are abysymally low.
They want to increase deposits in bank, they will do anything to achieve that .Unless GOD interferes. we can only pray to GOD to save expiry traders.
I suppose you mean bimonthly (twice a month). Personally I think we still have a chance of Weekly staying 
Lets seeā¦
No point I wanted daily expiries to stay, at the end u canāt do much regulator will do what they want
Yes , i have corrected it . Thanks
Alot of you might disagree with me, but SEBI lacks vision, if you look at the decision taken in last 3-4 years, seems like a kid who plays with a toy and immediately doesnāt want it and again want it and donāt want it.
This has killed the ambition of a trader.
SEBI suggests 90% traders lose money in F&O but theyāll never publish the data of how many traders out of those 90% will turn breakeven or even profitable if STT is removed because then they will lose their moral high ground of being the protector.
This a soft ban for retail traders if you look at the decisions made in past few years. People are not aware of thr risk in F&O, I agree but making it impossible for them to even being a participant on their own free will even though they know they might lose, you essentially also remove a lot that has considered this a serious business and know what they are doing is something a lobbying group does.
The success rate in every industry is similar, only top percentage makes it but where you canāt even participate let alone have odds against you is what I consider the psychological death of a trader.
SEBI has no clear direction as to where to move and mark my words there will come a new decision that goes against all of this in a year again cause they are not connected to traders on the ground level.
The only people supporting this who doesnāt know how to trade. Traders are important for Price discovery, look at Banknifty FUT, earlier a flourishing instrument, now a tick doesnāt even move for 6-7 seconds because of lack of volume.
Blaming people that they are unaware is a very easy thing to get a moral high ground, while it is the govt and SEBI that forced lakhs of traders to options, charging STT at contract value in Fut (subsequently eliminating futures) makes it a very poor choice, increasing margin requirements for Cash and Fut so the traders who traded futures which is a much safer asset as compared to naked options moved to options.
Why they lack vision, while this happens slowly the crypto futures are flourishing and it is SEBI which is
forcing traders to move and again when it becomes too big of a problem, that instrument will also be over-regulated.
They want money in banks as they have stated constantly that FD deposits have depleted.
I think we should conduct an organised protest, that is the only way to maybe stall them although I have no Hope.
7 Likes
I think that , Govt. Are trying to stop the trader to trade on market, they are seeing that a lot new traders are coming into market , and relay on virtual earning, if more Indian people just relay on stock market, what will happen on economic .
2 Likes