Online Trading provider company only intrested in brokage
Read this carefully
This is view of lots of trading firms, stock broking companies which provide online trading account
" An intra-day trader has to deposit an amount with her/his broker that is known as margin money. Based on this margin money your broker will give you a trading limit that is generally a simple multiple of the amount you deposit. "
" For instance, if you deposit Rs 20,000 with your broker then he can allow you to buy or sell shares worth Rs 80,000 (Rs 20,000 multiplied by 4) on a particular day. At the end of the day you have to sell whatever stocks you have bought irrespective of profit or loss. This, in market parlance, is called as squaring off a trade."
" Similarly, if you sell a stock first at a higher price and if you buy the same number of stock at a lower price on the same day then this is also termed as squaring off a trade. In both the above examples you are making a profit."
Now u know after read this , your broker also tell u when they open ur online trading account but i know u never earn money from intraday day by 5 or 6 times margin money
Reality is that online stock trading companies and their repersentive only interested in their brokerage money , if u buy sell everyday ur turnover gives broker good amount of brokerage finally when u calculate in end of month or week u give almost 25% money of ur total investment in brokerage that's not a matter you earn or lost .In almost cases Client always lost , if not lost then only retain their investment but u think if u not trade intraday then u save ur 25 % brokage money
so think about that broker only interested in brokage ,
Now Sure In ur mind this time if broker only interested in brokage
if i lost money then i not trading in next month so broker also lost their brokage .. my dear friend in this world if one client go after one month . broker get another client . so brokage company and broker only target for one months earning , after one month they start search new one's but broker also motivate you and call u every weak to start again and say this time market looks good this time sure u not loos , if work properly like that because they need brokage from u
So best thing to never trade in margin money
hopefully you understand brokage company and broker only interested in turnover and brokage
Think about that what i say
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment