Hello All,
The Reason why i don't trade Indian Markets and Opted for Forex Trading.
For me....Indian markets are not at all suitable.These markets are designed such way that we can't position size our trades properly,and need more than 5 lacs to be effectively position size the trades.Most traders don't know this.
problems i have noticed in Indian Markets.
1) In Stocks we didn't have equal opportunity(only Long no shorting) due to uptick rule.(one has to have equal opportunities to be succesful/to last long in trading)
2).In Futures market,in india we didn't have Continuous contracts and one has to close thier position on closing date of contract,and need to open fresh positions(extra costs for brokerage and taxes,other than that it will effect the Psychology of trader whether to open new position or not after closing date of contract,sometimes he takes small profit or small loss only to see high profits if stayed in that trade).
3).In options... i personally didn't like Options anywhere(abroad markets also).the only reason is Time decay,there r times when ur correct about decisions in options trading and u still loose money because of this time decay.
........and in india we didn't have weekly options.
4).Currency Market india is a New Market, and it will take more than 1 year to become liquid(may take 2-3yrs also),and same thing here in Currency market unlike forex,its has no continuous contracts(if iam not wrong).
let say ....if retail traders in india noticed these points and decided to trade abroad Markets then comes,......... Indian Government Policies and Rules(Rbi).they banned Investing in abroad markets.
small retail traders are not aware of these things and starts trading with insufficient capital in indian markets and finally go broke.
if in future/coming days if indian markets Allowed to go Short side Trades in Stocks and if implemented Continuous Contracts in Futures trading i definitely Trade Indian Markets.
See these all points are according to my convenience/comfort level u people may have Different Comfort Levels for Trading Indian markets.
Regards,
The Reason why i don't trade Indian Markets and Opted for Forex Trading.
For me....Indian markets are not at all suitable.These markets are designed such way that we can't position size our trades properly,and need more than 5 lacs to be effectively position size the trades.Most traders don't know this.
problems i have noticed in Indian Markets.
1) In Stocks we didn't have equal opportunity(only Long no shorting) due to uptick rule.(one has to have equal opportunities to be succesful/to last long in trading)
2).In Futures market,in india we didn't have Continuous contracts and one has to close thier position on closing date of contract,and need to open fresh positions(extra costs for brokerage and taxes,other than that it will effect the Psychology of trader whether to open new position or not after closing date of contract,sometimes he takes small profit or small loss only to see high profits if stayed in that trade).
3).In options... i personally didn't like Options anywhere(abroad markets also).the only reason is Time decay,there r times when ur correct about decisions in options trading and u still loose money because of this time decay.
........and in india we didn't have weekly options.
4).Currency Market india is a New Market, and it will take more than 1 year to become liquid(may take 2-3yrs also),and same thing here in Currency market unlike forex,its has no continuous contracts(if iam not wrong).
let say ....if retail traders in india noticed these points and decided to trade abroad Markets then comes,......... Indian Government Policies and Rules(Rbi).they banned Investing in abroad markets.
small retail traders are not aware of these things and starts trading with insufficient capital in indian markets and finally go broke.
if in future/coming days if indian markets Allowed to go Short side Trades in Stocks and if implemented Continuous Contracts in Futures trading i definitely Trade Indian Markets.
See these all points are according to my convenience/comfort level u people may have Different Comfort Levels for Trading Indian markets.
Regards,