Mehul V. Pithadia

Trader

[Mehul V. Pithadia @bgc2v47]

Enjoy Middle class
https://t.co/3OGmsVLIuQ

[Mehul V. Pithadia @bgc2v47]

@ManishK46113331 Others supporting them are here
https://t.co/NvcMDadPS8

[iCharts India @iChartsIndia]

@kirubaakaran Great analysis 😇. Make sense to ensure the stock market is not used as skkim lottery.

[Mehul V. Pithadia @bgc2v47]

So if you are SEBI registered you can recommend anything and it will be ensured that it is going to work? Are all SEBI registered guys profitable?

[Praveen Girotra @praveengirotra]

@VijayThk If you’re not SEBI registered- this is a welcome move by SEBI.

[Mehul V. Pithadia @bgc2v47]

@CAchayan These guys are supporting and justifying nonsensical and illogical decisions by SEBI
https://t.co/NvcMDadPS8

[iCharts India @iChartsIndia]

@kirubaakaran Great analysis 😇. Make sense to ensure the stock market is not used as skkim lottery.

[Mehul V. Pithadia @bgc2v47]

@saurabh_Charts Also keep in mind the businesses who are supporting and justifying nonsensical and illogical decisions by SEBI
https://t.co/NvcMDadPS8

[iCharts India @iChartsIndia]

@kirubaakaran Great analysis 😇. Make sense to ensure the stock market is not used as skkim lottery.

[Mehul V. Pithadia @bgc2v47]

So they are supporting and justifying nonsensical and illogical the SEBI decision.

[iCharts India @iChartsIndia]

@kirubaakaran Great analysis 😇. Make sense to ensure the stock market is not used as skkim lottery.

[Mehul V. Pithadia @bgc2v47]

Retail Traders, know thy enemy.

[Mehul V. Pithadia @bgc2v47]

Retail Traders, know thy enemy. Mole in the system

[Kirubakaran Rajendran @kirubaakaran]

@iChartsIndia Hope some rational decision is taken with respect to restricting users based on income level.

[Mehul V. Pithadia @bgc2v47]

Any discrimination will be a clear violation of constitutional rights and will be challenged accordingly. Tax bharne k bad mein apne paiso ko aag laga du meri marji.

[Kirubakaran Rajendran @kirubaakaran]

Recents new about SEBI's new regulations where Only accredited investors should be allowed in F&O is largely misunderstood. SEBI always stated that all their decisions are purely data driven, let me explain what could be the possible measures SEBI could take in restricting F&O.

[Mehul V. Pithadia @bgc2v47]

@KiranjitDas86 Form a Retail Trader's Association, raise funds, hire a lawyer and fight this tooth and nail. This is unconstitutional

[Mehul V. Pithadia @bgc2v47]

Form a Retail Trader's Association , raise funds, hire a lawyer and fight it. This is unconstitutional

[Sarang Sood @SarangSood]

What alternative career are you considering if SEBI restricts retail F&O trading?

[Mehul V. Pithadia @bgc2v47]

Unfortunately cryptos aren't regulated yet. It means if anything goes south the government will shrug it off and you will be on your own

[Kirubakaran Rajendran @kirubaakaran]

Did anyone started exploring trading in Crypto Futures & Options in India? With platforms like CoinDcx or Delta Exchange? I could see that Cryptos have daily expiry but the spreads are really high in Options. What's your experience so far?

[Mehul V. Pithadia @bgc2v47]

@overtrader_ind it is high time Retail traders join together and form a Retail Trader's Association to legally fight nonsensical illogical orders.

[Mehul V. Pithadia @bgc2v47]

@ashok_gual Then why not sack her from the post? And by that logic no one should be allowed to start business because 70% of businesses fail in the first 2-5 years

[Mehul V. Pithadia @bgc2v47]

Aur ye Retailers ko gyan bant rahi hai. Pretending she cares for retail traders #SEBI #nifty50 #niftyOptions #NiftyBank #verifiedbysensibull #nse #nseindia

[Mehul V. Pithadia @bgc2v47]

Two disasters in one picture, smiling at the victims

[Overtrader @overtrader_ind]

2 Girls 1 Market.

[Mehul V. Pithadia @bgc2v47]

Inko abhi bhi SEBI ke intent pr bharosa hai 🤫

[Yogeeswar @yogeeswarpal]

SEBI’s intent may be good, but these measures show how far from real time they are. It will never reduce volumes, easier solutions would have been to allow all index trading with a single expiry day per exchange to distribute the volumes instead they are focusing them on one.

[Yogeeswar @yogeeswarpal]

SEBI’s intent may be good, but these measures show how far from real time they are. It will never reduce volumes, easier solutions would have been to allow all index trading with a single expiry day per exchange to distribute the volumes instead they are focusing them on one.

[Mehul V. Pithadia @bgc2v47]

Retail traders - snakes are out of the holes. Know your enemy amongst you. #SEBI #nseindia #niftyOptions #NiftyBank #VerifiedBySensibull

[Arjun Tandon @iarjuntandon]

Two simple things SEBI can do to curb excess F&O:

1. Create a net worth based entry barrier: Allow F&O activation only if net worth/ account value is greater than certain threshold (Eg: > 10 lac)

2. Certification: Make NISM VIII type certification mandatory for F&O trading

These steps are likely to -
a. Prevent options trading by traders who are not well funded
b. Persons with no knowledge of F&O will not be able to trade

The regulator needs to take steps to cure the root problem, without bringing an up and running industry to a halt.

@nsitharaman @nsitharamanoffc

[Mehul V. Pithadia @bgc2v47]

https://t.co/FxcGZiEamw

[Mehul V. Pithadia @bgc2v47]

So the guy who built his business by offering leverages and discount brokerage thinks there should be a framework to check "seriousness" of retail traders.

[Nithin Kamath @Nithin0dha]

A few thoughts on SEBI’s consultation paper on F&O:

The suggested changes, even with the STT increase, won’t really change options volumes. But on the flipside, they will reduce futures volumes.

From what I’ve seen at Zerodha, futures traders have higher odds of making money than option buyers. On a gross basis, futures traders are profitable about 50% of the time as opposed to options traders, who are only profitable about 10% of the time. This is because options come with almost unlimited leverage, whereas leverage on futures is capped at 6 times (15% for index).

Whether it is an STT increase in budget or contract size going up to 20 lakhs, these changes will incentivize futures traders to move to options.

If the intent is to reduce speculation, then the solution is maybe to make it harder for non-serious people to trade by having a product suitability framework.