SEBI's new move to cut retailers participation in F&O!

[XRAY27]

As per the latest report
Updated: Aug 20, 2018, 12.36 PM IST, just 3 days ago, nothing has changed. Can check the below link.

"Sebi has proposed linking an individual investor’s exposure to direct equity shares and derivatives to their net worth."

On that report, some stupid experts( working for mutual funds) said,

"Anecdotal evidence suggests that common investors rarely make money from frequent equity trading or derivatives trading."

Link:-
https://economictimes.indiatimes.co...osure-4-expert-views/articleshow/65449076.cms

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Another latest report quoted:-

Net worth-based cap can push them out, lead to funds crunch
MUMBAI, AUGUST 13
Markets regulator SEBI may soon set a trading limit for retail investors based on their income or net worth.
Simply put, retail participants in the equity and commodity markets may have to submit a net worth certificate to their brokers. Their trading limits cannot exceed their income levels.

Link:-
https://www.thehindubusinessline.co...estors-could-hurt-markets/article24681906.ece

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I have made the required words in BOLD so that all the things must be crystal clear now.

In Recent days i observed that so called Zerodha winners, some experts on options ,self proclaimed super traders started there 1 day seminars..on
trading methods and roaming across india (sat and sun days) ...ealier they used to give speechs on spending weeks days with family and no time to talk on stock market all of sudden started this webinars this means that they may have stopped trading or reduced to large extent..smelling this moves !!!

 

[cinderblock]

In Recent days i observed that so called Zerodha winners, some experts on options ,self proclaimed super traders started there 1 day seminars..on
trading methods and roaming across india (sat and sun days) ...ealier they used to give speechs on spending weeks days with family and no time to talk on stock market all of sudden started this webinars this means that they may have stopped trading or reduced to large extent..smelling this moves !!!

All this (seminars / webinars) is only going to become more rampant now that trading will be available post office hours and retail will participate in greater numbers in derivatives. On an average, retail public with a job but no trading education (so far) will have a bigger networth/income and will thus be able to take a bigger position.

But Sebi's too idle to tackle this problem. Best is to transfer the responsibility to brokers

PS: The only seminar I'd wish to attend is by RJ or RKD. But that won't happen --- Ever!

 

[afin]

Only 1 thing to do now:

work on building up net worth and amp it up as much as possible. All we have is 19 trading days in September and probably another 10 in October before this takes effect.

 

[TraderRavi]

my advice is just trade as you normaly do, we will adjust according to new rules whenever they announced it. no need to panic. take care.

 

[Smart_trade]

Bajaj Finance attempting new all time high....

ST

 

[kainiteh]

Onion

@headstrong007 do you trade onion too in mcx?

its proxy web browser.... not commodity

 

[sridhga]

Does anyone know what this is?

https://economictimes.indiatimes.co...dex-options-from-sep/articleshow/65412185.cms

 

[Smart_trade]

Does anyone know what this is?

https://economictimes.indiatimes.co...dex-options-from-sep/articleshow/65412185.cms

BSE giving incentive to BSE brokers to make their clients trade stock and index derivatives on BSE.....most of derivative turnover is in NSE and hence BSE has taken the step to increase their F & O turnover.

Smart_trade

 

[afin]

I belive there was also a plan to introduce forex based weekly options from BSE. https://timesofindia.indiatimes.com...nd-options-contracts/articleshow/65169412.cms

 

[kingsmasher1]

On an average, retail public with a job but no trading education (so far) will have a bigger networth/income and will thus be able to take a bigger position.

No worries, people with net worth and no experience taking big position will lose their net worth soon.
Remember, someone rightly said:

The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!