Time to Quit F&O Trading?
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- čas přidán 22. 08. 2024
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Dive into the basics of swing trading, understanding key strategies, risk management, and technical analysis. Whether you're a beginner or looking to refine your skills, this video has you covered. Start making informed decisions and maximizing your profits in the dynamic world of swing trading.
Note: This is only for educational purpose, please consult your financial advisor before any doing any transactions in the market
Same government that allows online rummy, now protecting FnO traders…..Wow what a irony 😂😂😂
Ciggerate and alcohol is legal entity which gambles with your life physically and mentally. But it still comes under business income and not speculative income
online rummy is also a speculative income bro they are not illegal just as fno but will attract high taxes
@@mehnachugapegmaarkpatialewaleso u think trading is like online rummy or tambola??
@@shaaradpandey5546these people are sick minded. Don't argue with them.
arey Pandey ji question the government, not the common man.
>Dream 11 is Legal shame on the government.
>Colo Server scam with honey Trapping case is another Shame on BEBI.
>Politicians can speculate stock market before election results & stock market crashed, no action by BEBI.
Tax terrorism 😢😢
We are paying tax. Corporate getting tax exemption and giving electoral bond to political parties for favouring corporates. Who is the real culprit?
How much you pay tax tell me bro
@@Kri407 are you tax officer?. FO
Day light robbery
@@Kri407 30 lks last yr
Dabba trading will flourish.. No Tax at all. People will move to Dubai and trade in Crypto futures/Options..
Right
Very rightly said bro. I will seriously consider doing crypto trading from Gulf if this happens. As an option seller it's very disheartening to see such news😢
Hmm good idea
What is cabbage trading
If this rule is implemented, probably NIRMALA SITHARAMAN will become the most hatred FM ever.....
FnO is a hedging tool, not speculative tool. such kind of regulation will be a foolish idea like the Note Ban.
We have such a waste finance minister 😔😔
😀😀😀
Not bro she is good finance minister
@@Kri407 She is not market friendly or consumer friendly. When LTCG was introduced then why there is STT (should have been withdrawn), we are taxed double here. Dividend tax was introduced, now everything at slab rate. What instrument gives you double digit return today except equity and MF. So it is a cash cow and milked like anything. Why can't she widen the base, tax the people having farm land, it is a big hole that everyone using to evade showing losses. She is not effective FM at all. GST on some goods are insane. She cut corporate tax instead!!
Still my mind is disturbed since hearing this news... Recently eureka i am making good profits in F&O and was happy, and here comes this shit to ruin it. Only people who struggled a long way to get profitable will understand this feels. heartbroken now...hope this is a rumour🤞, lets wait for official announcement on budget then🤐
It was a rumer , don't worry ,
Where did u finally settle(strategy)to become profitable ?
@@asishmartin4722I don't think we can settle in profits fno. Market will change the behaviour all the time. Even 3% profit in a month is difficult task nowadays and very risky and giving tension. I quit fno and doing swing ETF. Very easily getting 3% profits without much screen time.
What strategy you use bro ?
Not seeing many profitable trades in last year, many have shut shops
.. Anybody know about how can do it in Dubai?
If this really happens ... My vote will not go to BJP ever in my life.. 🤬
Tata bye bye your vote doesn’t matters. If BJP lose same time 10 voters will come
Are nahi hoga.... Fake news h....😂 Budget tak ruk jao....
me too, i will never vote BJP again.
@@raj-ou8nv tu mat de.... Agar india govt.. aati to 8500 kaha se deti.... Sab middle class se leti...tab tum vaise rote....
Or abhi kuch nahi lagaya h... Sab fake news h...
Ye hi batha rahe the, But we choose the same evil devil again
I did my part by not voting BJP, most hated FM in the history of India, shameful act by govt
what a loser!
They r concernd about retailers loosing 95% but they are going to punishing successful 3- 5%. 😂😂😂
By this that 95% poor out this so this 5% will looting money themselves
This will be an absolutely stupid move if implemented and also disingenuous.
The government lowered the entry barrier by reducing lot sizes and allowing discount brokers to operate - thus enabling retail traders to get into the F&O segment. Large fund houses and institutional investors have no need for lower lot sizes or discount brokers.
They brought in daily expiry and enticed small traders.
SEBI's disclaimer says 90% make loss and even profitable traders are paying 15-30% as charges.
Now add to that another 30% in taxes - so even a profitable trader will only be keeping half of what they earn.
This is nothing more than tax terrorism.
@@kumarram3477This will not make any failure traders move out as he explained in the video, most of the failure traders are trying to recover their capital and not make a career out of it to worry about taxes
Right, punishing for doing their job right 😂
I feel regretted why did I vote for this bloody govt
Too late, you were taxed already heavily and you failed to realise... This is nail in the coffin
Seema per hamare jawan lad rahe hai aur tum desh hit me itna nahi kar sakte...
Me too
Abe its not implemented yet.
Its just a rumour 😅
And Oppositions were planning to implement "Wealth distribution, inheritance tax"..
U didn't have any option left😂...
No country considers F&O as speculative, lets see what happens.
If I make 1cr from f&o they take 30% , with the remaining if i buy a land they charge for 7-9 % and tax for construction material. That's close to 40-50% tax that's absolute madness.
😂😢am both laughing and crying abt this looting crazy govt.
Buy a fortuner from profits in Bangalore, 28% GST on car, 18% Road tax, 18% tax on Insurance, 100% tax in diesel and then for the beautiful highway they made pay hefty tolls😂😂
Politicians must be given tests like Neet Or JEE so we get people with better iq
When adani came into airport business, govt removes gst on airport business. Bcci is tax exempt. 1.5lacs crore of npa written off but names not disclosed. 2k crore of farmers loans are not written off yet. Shit is all over the place yet ppl dont unite and understand
Farmer income should be taxed....
Tax on education and medicine even daily use things is increased under these looterya govt.
@@udaan2001 Have u written the comments thoughtfully??
Farmers income should be taxed??😅
@@spiritbuds19 Let the truth come out how much farmers earn. If their income is below the limits, why should they bother anyway?
@@udaan2001Do u really understand why farmer has 0 tax? It's not because they earn very less rather farming should be always encouraged than any other professional jobs or business, mankind can survive without any of the job or business in this world but not without farming, if the ratio of farming reduces then it is very big disaster to the country and already many farmers losing interest who are financially struggling and moving out to different jobs and if they bring taxes all big farmers will explore different business which will make the food inflation to rise over 10% CAGR and our kids will struggle to buy 1 kg rice for 10,000rs
rahul gandhi is much better as our PM. atleast he could choose some sense making FM
Joke of the year...
what nonsense. he wants wealth redistrubution tax. have you read their manifesto?, its ahorror show..fact is no political party cares about these matters
have you read congress manifesto ?... they want wealth redistribution tax and jitni abaadi utna haq.. go see what indira gandhi did in 1970s, she actually forced ppl to buy govt bonds... fact is no govt gives a damn about traders and F&O.
@@trueindian3573 😂😂🤣like your name
Pre budget lot of nonsense will speculative.those who against BJP will talk like this.
... This way.. Big FnO traders may leave India for the US market, and liquidity of the Indian FnO market could take a hit...
You discussed the actual think . Now we hate Modi govt . Now this people doing in wrong way
If they do anything like this, this was my last time voting for them.
To even test out this idea when the govt is standing on short legs is idiocy of the highest order. Have more people hate nimmo tai and bjp and this govt. Wonderful.
Completely agree
In that case you need Wait for 5 years
No need to there are multiple state elections that acts as feedback to bjp@@cedricbhalerao3626
@@cedricbhalerao3626 The state elections are months away.
Also, it's the babus that need to be fixed. Politicians can be insensitive at best.
Do you earn in options trading? Seriously? In fact, decision good for losers.
30% tax for F&O is bullshit, not focusing on how to create awareness of risk trading assets and removing some tax like STT and Stamp duty.
If these will happen retailers participating will be very less.
Only the Government and Broker will make money. Fuck the retailer in many ways in Trading glitch &. Tax
I Have made a loss of 7 Lakhs one year ago thinking to re-enter again to cover these losses now hearing this😢
That's the purposes to stop you from entering because to cover loss you will again loss now you will not enter so purpose solve. Your comment is prooving government is doing right thing.
Don't re enter,
Don’t enter better do investment
For this very reason only many millionaires are leaving India... The one will end up paying was only middle class... Now i need to ask this govt if you're doing such predatory taxation how could you expect us to pay such high tax...
Iam cleaning my screen so many times but still there is a lot of dots latley understand.
that black dots are your side😂😂😂
Yes right. 😂
🤣🤣
Same
same 🤣🤣
Govt is trying to tell f&o trading is injurious to wealth?
Government should not charge taxes for loss trades
Only profit on trades should attract tax as in Western countries
Finally Govt want all Traders to shift to Dubai and avoid tax like PR Sundar
Now people will realize why educated ministers were required, once we used to have finance minister that were economist themselves.
This is not taxing, it is looting…
Govt. should show what they are doing with all these tax amounts..
In 2021, SEBI directed brokers to reduce leverage provided on equity trades in the interest of retail clients. Traders who were affected moved to F&O from cash market. Why didn't they think about cash market volumes moving to F&O in 2021? Was it really in the interest of retail traders? Does SEBI acknowledge now that the cash market has become an open playground for giant whales to move the market and profit on their F&O positions?
TIME TO CHANGE GOVERNMENT,,,
Haha
Time is over. Wait for 5 years😂
@@mrkrish501 it will change dor aure
One of the honest man on you tube.
Sab stock market band kar do 1 mahine ko..jab inko tax nahi milega tab pata chalega...
Yes, that's the way to deal with
Very nicely explained.Govt should not be fooling around people like this.People are much smarter now to understand the real intentions of fno taxation.
Finally you became a proper youtuber. I knew you as a trader.
Trade the US markets. earn funding from prop firms. protect your money. only invest for long term in indian markets. don't do trading in indian markets. It's not favorable at all.
How to trade US markets from India?
How to do it from India?
Not good for TRADERS Already F,&O lo Taxes bagane Dandukuntnaru ga + BROKERS Kuda. kashtapadi PROFIT Kotti govt Dochi petadanika.Asalu profit kottadame Very Rare.Malla ANDULO TAX.Mari ma LOSS la sangathenti?? 30% Loss Pay chestara Govt.
Not possible. - 1) retailers are only target for fii 2) Huge liquidity issues in market 3) Tax collection through upfront levies is huge. In a nutshell “cutting chik laying golden eggs”.
If they are really worried then why did they introduce all index weekly expiry.. they are encouraging retailers to participate so that they can earn more revenue.. i think this is just news they don't want to loose revenue from f&o from retailers..
I feel demotivated and see no reason to struggle so much to thrive and earn more
It's better to find a hussle in unorganised sector or leave the country.
Agar 30% TAX lag Jayega to desh ke History ka sabse bada aandolan karenge sab Traders milke
If SEBI starts the entrance exam to enter FnO trades, then we get daily 1000 calls for the clearnce of entrance exam.
More number of HNIs might think of leaving India.. i think it would be loss for the country. 😢
कहाँ हैं वो लोग जो कह रहे थे की सब्र रखो मार्केट कहीं नही जाने वाला है? अब तो पूरा आपशन ट्रेडिंग का मार्केट ही खतम हो जायेगा. One of the biggest black swan event....
Simply stop trading , slap bloody govt
Only way now is to use defi exchanges trade in crypto as there is many ways to withdraw without paying taxes😅
@@robinaugustine5998which dex are you using?
If I make a loss I want to pay 30 percent tax ?
Because most of the time my portfolio hedge become 0
😅😅😅😅
Not 30% tax but STT is there and TDS maybe there
Everyone just talks but won't disclose on which option selling strategy they're using to become profitable
As it we are paying 15-45% as direct+indirect tax. While trading we pay stcg, ltcg, gst, stamp duty, stt/ctt. What else can they do now?
Time to leave country and go to Dubai, govt gone mad, no vote for BJP next time
Actually this tax is most applicable for big F&O traders. Small retail F&O traders don't deduct expences and also tax liability is mostly small. They are targeting big players like FIIs who is earning crores and deducting fat salaries and other luxury office expences. This affect big traders and not small traders.
It is useless to be angry.
One guy in the government told me, even before the elections, that their idea is to tax all stock market gains at 25-30% flat over the years.
Now you have 10% tax for long term capital gains don’t you.
SEBI in some point in time said, huge inflows into small cap mutual funds are hurting the small retailers. The small cap funds and market crashed. It’s their excuse to tax , just like the east India company took over native states on idiotic reasons.
My only hope is the FIIs . Only with them this govt meets their nemesis. NS tried to bring in taxes in which FPIs are affected. The market crashed for days till she said,” govt has no intention to tax fpi gains.”
It's time all traders to join n putsg to government they should not increase tax.. already it's too high..think how to pass msg to government
It's like an Indian Hindenburg case; the Government pre-owns the stock for its own gains and later creates this kind of rule to cash in all the profits. If they own shares of any company, they should have no power to create Rules or vice versa. Disclaimer: The views expressed here are my own opinions and should not be taken as financial advice.
Solution: F&O segment activation should only be allowed after 2 years of Demat account opening. This will help beginners to first understand cash market, investment and market dynamics. Meanwhile they should be allowed for paper trade in F&O with same broker as part of study. Post 2 years, they will be on their own with money and psychology..!!
As an unsuccessful option trader i am ok for now. Just have to wait for the next googly from this govt. Thise who are feeling buyers remorse and pledging to not vote for this govt again, nope... We have really short memory. We will forget all this in a week max. 😊😊😊
Excellent take bro, good points, wish our govt understands how stupid their tactics are
Aur do vote BJP ko.. Ab bhuktto sblog. Jo v up wale ko gaali de rahe the bjp ko harane ke liye
Trade lete huey stress mein jaun main, loss kar raha hun toh depression mein jaun main, health kharab karun main, hairloss karwaun main, thoda profit karun, toh bhi khush na ho paun main, kyunki Nirmala ji chai ki chuski lete huey meri mehnat ka 30% bhi khana chahti hain. Ye kahan ka insaaf hai bhai?!!
The HFT players are looting retailers money,control them first.
These are rumours, let's wait and see what in upcoming budget
Content is good... But anybody is rubbing the mobile screen to remove black spots... Thinking that it is on mobile glass...
😂
Me 😂
Let's stop trading 6 months in all segments...
Congress had manmohan singh whuch brought liberalisation on which bjp fkexing growth
Narashima rao
Fantastic Saketh, very well said.....yes govt is trying to extract more taxes and not trying to save retailers......
I think everyone F&O traders to request the Govt not increasing Taxation on Future & option. Logic is very funny, they take protect the retail traders. But they charges very high STT , GST, transaction cost etc
Farmers being backbone of country only can't get a positive outcome on protesting on roads and you expect any protest on FNO traders will make government think to change their decision 😂😂
F&O is gambling unless used as a hedge. Let us accept the fact. Investors made 10x, while traders slept on knives since COVID.
Awesome detailed Video #Saketh... Keep up the great work... 😍😍
1. As you said, there are numerous avenues to help retailers which government should look into
2. IF they are taxing 30% flat, then at the least they should remove all other charges and should also not put on TDS
3. Should allow to carry forward the losses for 8 years
4. Since FNO hedging done by large institutions like buying put means, anyways it is going to go to zero, just as an insurance, they are not trying to make any gains and no tax will be paid. They are safe only
In earlier why govt has introduced weekly option. In directly govt encouraging option trading
FM is all right but she's depending on IAS and IRS people who have no practical experience.
Regreet voting for bjp 😢
Best thing would be to have just monthly expiry and do away with weekly. The smart money won’t be affected and can hedge. Retailers will have time to adjust. Further the revenue won’t go down of nse etc as most turnover will shift to monthly. Most losses are made on weekly options.
Today I done far OTM strangle 24000CE and 23000PE. When nifty going Long, normally CE increasing. Today I dont understand CE premium and PE premium both increasing. WHY THIS HAPPENING???
Everyone says 90% people loose money in the 1st year but no one is thinking is it possible to everyone become profitable in an year, ask sebi members to trade and be profitable in an year
Main agar yah niyam a Gaya to aaj ke bad kabhi bhi BJP ko vote nahin dunga
I feel it is a rumour. Let's see
how you get this data please tell bro
These rumors or speculative news spreading is mainly to have a downward move of market in the period before budget, say a 5 to 8% correction in indexes, so that when actual budget is presented, the market shall move up. So a healthy correction now in the next 10 or 15 trading sessions is going to happen which is very good for investors and swing traders to buy into specific stocks. Go ahead with profit booking now and keep cash for buying on budget presentation and beyond.
they should bring out limit based thresholds
like atleast 5 lakhs of demat balance or 10 lakhs of holdings or 10 lakhs of ITR
If they really bothered about retail traders they could have just banned all Index options and have only monthly expiry Stock options for the hedge purposes so that 95% of retail traders will stop trading. This is just looting of money from middle class people
Proud that I didn't vote anyone this election and planning to divert my money in EEU.
will there be tax liability even if i incur net loss in the financial year but have some profitable trades?? will tds on profit be implemented from current FY?
What to do? There are share market tip providers who can take the F&O exam and pass it for their customers, charging them more than 25% of their investment.
DO you know how much bjp mp Rajeev chandrashekhar paid on tax last year? only 680rs only below seven hundred.....
Fun fact: he was in the list of Hurun India’s list of rich people pegged him at No 596 with a wealth of Rs 1,400 crore.
TAX IS ONLY FOR MIDDLECLASS 😏😏😏
wat about people buy lot of stocks and use F&O as insurance? then why BSE, NSE Midcap, opend FNO???
I think the idea is to keep the big fishes away and let the retails play the speculative game.
The best way to stop retailers is by increasing the lot size and increasing the margin money the low margin retailers would be curbed a bit. Speculators psychology is like Yudhisthir of Mahabharata they will lose everything but won't stop.
They will eventually make trading impossible for aam admi rather give all to the big fishes😢 Please don't open a grocerry shop, our government is very concerned if ur business would not go well, u will be in loss. Let Ambani open a Reliance store instead. U r free from any tension, they will manage😅
Next loksabha 100 par namumkin.
We didn't vote for Govt. We gave vote to looters.
Taxation for Options buyers (or) Sellers (or) Both
Both
we need to protest, or else this tax hungry govt will not leave anyone alive
We are paying 33 to 40 % in USA . No worry guys go to Dubai for tax save then and trade in USA stock not in India.
You mentioned exams....ha ha ha ..we know very well how the exams are conducted
I dont trade FnO but if this turns to be true then its a shitty move since they are already collecting taxes while trading and also after having a profitable year. There is already a small wave of traders that are moving out of india which have large capital n became profitable.
They are introducing more weekly option contracts of various indexes and smaller lots sizes that is indirectly also creating more charges.
If they really want save retailers then they should start with minimum 3 lakh yearly income certificate to operate in FnO and minimum 2lakh balance for trading option or compulsory hedging.
Please vote for BJP to enjoy such wonderful rule... 🤣🤣🤣🤣🤣
We are taking a hell lot of risk in F&O for trading to get a return. For that penny return also they charge 30% tax. F&O will die. Indian market will fall into liquidity shortage...
we run a campaign against 30% tax on F&O trading
Govt finding areas to tax people in the name of saving retailers. More than half of your income is going to govt by direct and indirect taxes. If govt really want to save retailers they must find different ways. Not adding taxes
is this applicable to mcx commodities f&o trading also? can you pls confirm
From where this started about taxation f&o? There must be few beneficiaries who wants to plot this
First BJP government need to open eyes from sleeping to ban on rummy online betting apps rather than on Logic Hedging F and O.
If they implement this that's not a great move from the BJP government. I hope they don't do this.