No to 30% Tax on F&O Trading!Recently, there have been reports that the government is considering imposing a 30% tax on trading in Futures and Options (F&O). This move will be devastating for many retail traders who earn a living from trading.
F&O trading is not gambling!
Traders invest time, effort, and money to make informed decisions based on market trends and analysis. It's not a game of chance like lottery or cryptocurrency. F&O trading requires skill, strategy, and dedication.
Taxing F&O will crush small traders
If this tax is implemented, it will be a significant burden on small traders who are already struggling to make ends meet. This will lead to:
Reduced participation in the market
Increased risk-taking (traders may take unnecessary risks to recover losses)
Flight of talent (traders may leave India for countries with more favorable tax regimes)
Don't punish responsible trading
We urge the government to reconsider this proposal and instead focus on creating a more favorable environment for responsible trading. This includes:
Simplifying tax regulations
Providing education and awareness programs
Encouraging innovation and growth in the trading ecosystem
Join us in opposing this proposal!
Let's protect the interests of responsible traders and ensure that India remains a hub for trading and financial growth.
#SaveTradingInIndia #NoTo30PercentTaxOnFandO #ResponsibleTrading
Traderslife
Motilal Oswal - Long term BreakoutMotilal Oswal has given a massive breakout of year 2017 on daily chart. This stock has given almost 80% return in year 2023 and around 30% return in last one month.
This breakout is all time high for this stock and entered in blue sky zone where there is no resistance upside. Generally stocks gives huge returns after all time high breakout. The possible targets from here can be found using Fibonacci retrenchment.
Disclaimer: Stock shared for educational purpose and not a buy or sell recommendations
Experience vs Time Curve of a Traders life My agenda for this video: I wanted to portray how Experience and Profits are not directly proportional to each other, but the process gives us strength to create an edge in the stock market, not become a gambler and follow something of our creation. This creation leads us to profitability as well as experience.
A trader Experiences many things in life; I have demonstrated my journey in simple terms here.
It's a motivational video / a road map for those blinded by call providers and tip sellers. One you should never rely on, the only person you can rely on in the stock market
is not even yourself but your setup.
This video contains differences between experience time and Profit Loss curves.
I have converted the IDBI bank chart (it looked suitable as per the uptrend I wanted to portray in terms of experience vs. time curve )
Directions: Upside movement for this stock in this video does not mean you are profitable; it means you are gaining experience; in the start of the video, I have explained how one confuses lady luck profits with increasing experiences
Purpose of this video: the sole purpose is to motivate my fellow traders to rise and learn to use the trading view community and tools and move above the infraction point in their trading life.
I hope you will enjoy this video. Comment your Thoughts on improvement