What was your aha moment

I have gone through modules in past, it’s just theorotical
it isn’t a game changer, you probably know it through different sources

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I disagree. Some markets are very hard to trade. Too much plagued by news events and whales. I certainly found bank nifty very hard. Nothing really made sense there. Even on paper trading , I got more losses and Nothing made any sense.

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You mean I should calculate on the capital that I had deployed in all the trades, and not calculate each trade’s capital separately?

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May be you will get better with time, with more understanding, with more experience. Or maybe it is not your cup of tea.

That exactly is my point, we have so many to choose from to make some return.

Yes, thats my opinion. Mr CA may have different take

The date on which you add funds to Zerodha. It doesn’t matter when you trade and u don’t. You capital is blocked.

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Take this extreme example.

Let’s say you add 1lakh. And don’t trade for a year. Last day you use this 1 lakh and make 2k in half an hour. So are you making 2 percent in half an hour or 2 percent per annum?

Just a random question to which I am kinda curious.

Since you are a CA , can you audit your own balance sheet, account books sign it off in IT portal and no one bats eye. Like making 35 lakhs profit and writing off some random expense and writing as 0 profit overall. Do IT officers check all that?. Asking for a friend

Didn’t think of this, sounds logical.

What about the dates? I ask this because, if I look at each trade separately, the result is almost absolute, best possible result, but if I take all of them as a bunch, the return is less than the single trades. Should I use end of the month or end of the year? What has been your professional experience?

I keep asking this because, if I come to know the return I am getting is good, I want to scale up.

Not allowed

Answered this few days back. Not sure who asked. Anyways. I am not allowed to audit my own books. An unrelated party has to audit my books.

Not as easy as you have made it look. If it’s a case of audit without documents an expense won’t be allowed. Its a matter of even losing our membership.

They may or may not. But if proved guilty then I lose my membership.
Totally unrelated. If you kill someone and nobody knows about it what will happen?? You can walk free. The problem starts only when you are caught. Income tax is a self assessment tax. Declare what you want. If you haven’t made rigt declaration then you will have to face consequences if caught.

Not half an hour, obviously. My capital has been dormant for the whole year.

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You see the opportunity cost here ??? So unless you have withdrawn the amount from Zerodha it still should carry cost.

I think I have given all possible explanation in the separate post. Please go through it. It will explain each and every doubt you have.

Again sharing.
Know your XIRR : Excel Calculations

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today I learned something new

I did see that thread, but at that time, I was focusing on how to calculate, it was new to me then. Now I want to calculate it precisely, so as to know where I stand and if I can scale up :grinning:

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It won’t take more than 15 mins if you are comfy with excel. I prepared that sheet 2 years back. I already had 3 years data and I took not more than half an hour.

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Well there is something I learnt , this is from all those tiny crazy expats from US who work are in remote from Lisbon , bali, thailand. They don’t pay any income taxes.

Does someone pay taxes of if they moved to nepal or Bhutan or srilanka became NRI and trades and makes gains in NSE?

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That’s the spirit SpongeBob, learn, learn and learn till you say enough is enough, I don’t need anymore :grinning:

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