When a Trending Day is in progress, Most traders (Human Tendancy) to take revesal trade increases as they have missed the rally/trend so far as RR will not allow to sit on the trend side and they try reversal trades and get traped till 3.30 pm.
Cigarette manufacturers pay a sin tax, but a significant part of that cost ultimately gets passed on through the supply chain to consumers.
Alcohol attracts state levies such as VAT and excise. GST largely does not apply to alcoholic liquor for human consumption. Again, the burden is ultimately borne by the consumer.
What about traders?
Every trade attracts Securities Transaction Tax (STT). It is a pure participation cost. A trader cannot pass it on to anyone. Not to the exchange. Not to the broker. Not to the counterparty. It comes straight out of the trader's returns, whether the trade makes money or not.
Can we at least reconsider STT for retail traders? Even a reduction or rationalization would provide meaningful relief to lakhs of market participants who contribute to the liquidity and efficiency of our capital markets.
#Srinivega
Options become difficult when people confuse jargon & sophistication with actual understanding.
But once you spend enough time observing how markets truly behave, you realise simplicity was hiding underneath all along.
Eventually you stop getting distracted by intellectual theatre & start looking the other way, where markets are really moving through fear, positioning, leverage and trapped participants reacting to each other.
बिहार के मनीष कश्यप के साथ एथेनॉल वाला खेला हो गया।
दरअसल मनीष कश्यप की नई Toyota Innova HyCross (E20 Compatible) महज़ 12,000 किमी चलने के बाद खराब हो गई।
Toyota ने वारंटी देने से इनकार कर दिया।
Sitting alone, our mind can go into the past and create hell or imagine a future which is beautiful. Heaven and hell aren’t a place, they are created in our minds.
1% control the world.
4% are their loudspeakers.
90% are asleep.
5% are awake- trying to shake the rest.
But the 1% use the 4% to silence the 5%,
so the 90% never wake up.
हापुड़
➡️पेट्रोल में एथेनॉल के मिलावट से लोग परेशान
➡️सड़क पर चलते-चलते बंद हो रही गाड़ियां
➡️वाहनों की टंकी में भी लग रहा जंग
➡️कार्बोरेटर में निकल रहा गंदा कचरा.
#Hapur@nitin_gadkari
I’m increasingly convinced that the ultimate sign of growth is faster recovery. You still get upset. You still make mistakes. You still have bad days. But you return to center faster. Apologize faster. Reset faster. Learn faster. Fast recovery compounds.
A reminder from Atomic Habits by James Clear:
“New goals don't deliver new results. New lifestyles do. And a lifestyle is a process, not an outcome. For this reason, all of your energy should go into building better habits, not chasing better results.”