Algo Trading India
See the volume in worlds largest derivatives market. The breakeven point is not 14 points Its 14points + bid-ask spread if approx 8 to 10 points. If you trade even 10 lots its more than 5-6k Rs in slippage!! Over Regulation and Taxes kills any sector .
If you buy and sell 1 lot of nifty futures you are paying over 880 as tradinf cost
That is 14 points
Add spread 6 -10 point average
Total you need atleast 1500rs profit just to breakeven that is 24 points .
This is clearly day light robbery and tax terrorism.
After this if you somehow manage to make profit you have to pay 30% tax .
This is insane !!
That is 14 points
Add spread 6 -10 point average
Total you need atleast 1500rs profit just to breakeven that is 24 points .
This is clearly day light robbery and tax terrorism.
After this if you somehow manage to make profit you have to pay 30% tax .
This is insane !!
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Anyone setup shoonya ?
Can you share the steps clearly so that I can make video.
Can you share the steps clearly so that I can make video.
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Started with shoonya yaay
I will make a video today on how to activate api in Algotest and Shoonya
I will make a video today on how to activate api in Algotest and Shoonya
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Step by Step Guide for Connecting Shoonya with Algotest.pdf
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Are you engaging in directional trading of Nifty futures?
One trade per day, with a 15-point breakeven threshold over 252 trading days, results in a total loss of 3,780 points solely due to taxation.
At a Nifty level of 22,500, this equates to a 16% annual reduction before any profit considerations.
This activity does not constitute market trading; rather, it represents a contribution to national development.
Additional costs for brokerage and slippage are not included in this calculation.
One trade per day, with a 15-point breakeven threshold over 252 trading days, results in a total loss of 3,780 points solely due to taxation.
At a Nifty level of 22,500, this equates to a 16% annual reduction before any profit considerations.
This activity does not constitute market trading; rather, it represents a contribution to national development.
Additional costs for brokerage and slippage are not included in this calculation.
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If anyone is doing stbt with hedging , how are you trying to reduce your hedge loss ?
🚨 Reminder 🚨
13th April (Monday) is a 0 DTE expiry for Nifty.
Please ensure your strategies/portfolios are activated accordingly.
13th April (Monday) is a 0 DTE expiry for Nifty.
Please ensure your strategies/portfolios are activated accordingly.
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Forwarded from Techno_Charts 📊🐉
Trading is very tough
Don't let instagram or Twitter fool you.
You have to pay STT , GST , Turnover fees , Brokerage , investor protection fund .
You need pay 30% income tax on fno
12.5% tax on long term gains
20% tax on short term gains
It's very tough to be profitable after so many charges and taxes.
Don't let instagram or Twitter fool you.
You have to pay STT , GST , Turnover fees , Brokerage , investor protection fund .
You need pay 30% income tax on fno
12.5% tax on long term gains
20% tax on short term gains
It's very tough to be profitable after so many charges and taxes.
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For 2026
Trade 1 setup
Follow risk management
Control Emotions
Trade like a machine
Journal everything
Trade 1 setup
Follow risk management
Control Emotions
Trade like a machine
Journal everything