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*****Risk pays only if you can pay for the risk*****
@IndiGo6E
Baggage was not connected for the flight IXR to BOM - no updates given, ground staff had promised to deliver it today by 8am. Pls look into it, case ID BOM6E53976 . No one answering the phone number given by ground staff. There are prescription medicines in my baggage
Goals for a better life:
More water, less soda.
More fruits, less sugar.
More doing, less talking.
More laughter, less anger.
More sleep, less scrolling.
More walking, less driving.
More praying, less worrying.
We need your inputs on STT abolishment!
Our petition in the Respected Supreme Court against the STT talks about:
- the non-constitutionality of STT
- the violation of the double taxation principle
- the deterrent nature of STT for it gets levied for just carrying out..(1/5)
#MTF : Hidden cost of MTF
Everyone loves leverage. Dicount Brokers says MTF at just 0.04% daily (~14.6% annually).
But the real cost of your leverage is much higher 👇
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The advertised math:
0.04% × 365 days = 14.6% per year.
Looks fair, right? Wrong.
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The compounding trap:
Interest is charged daily.
Real cost = (1 + 0.0004)^365 – 1 ≈ 16.17% annually.
Add GST & charges:
18% GST on interest
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Pledge/unpledge charges
Interest even on weekends
Your effective cost → ~19%+
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Why it matters:
On ₹10 lakh MTF usage, you’re paying nearly ₹1.9 lakh yearly in costs — not the ₹1.46 lakh you thought.
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Final takeaway:
Before using leverage via MTF, calculate the true cost of carry.
Sometimes the “hidden cost” of cheap leverage is far more expensive than you think.
✅ If you found this useful, share it with a fellow trader.
If you truly care about the environment, don’t buy this EV BS. Get a decade old low polluting ICE car and maintain it for a decade more like a real man. And resist the urge to buy a new car, ICE or EV. Any man can buy a new car, it takes character to maintain an old one
Oh and people who say EVs are better cars are the same people who think a microwave is better than a grill because it heats up stuff in 30 seconds
If you're undercapitalized and banking on one big trade to change everything, you're living in an illusion. No mindset hack or trading psychology trick will save you until your basic math and risk management are solid.
#trading#riskmanagement#truth#delulu
Trading is a high-performance game with constant setbacks.
The market doesn't care about yesterday.
Start fresh—just like a new candle on the chart.
#tradingpsychology#mindset#discipline
It's amazing that despite all the challenges, we're now the 4th largest economy in the world. Having said that, at the risk of sounding like a spoilsport, GDP comparisons only tell you so much.
When you look at important metrics like productivity, labor force participation, and perhaps most importantly, R&D spending, we have a long way to go. India spends just 0.7% of GDP on R&D, while China spends 2.4%, South Korea 4.8%, and Israel 6%.
To continue growing in an increasingly fragmented world and an uncertain future that might be shaped by AI, I'm not sure we can continue doing what we've done so far.
One of the biggest long-term challenges for Indian growth is this chronically low R&D spending. To be clear, this is both a government problem and a private sector problem as data shows. It's unfair to expect the government alone to solve this. All the giving back we do through @rainmatterin is, in part, with this objective.
Unless we build an ecosystem that invests in education and research, not only will our best minds leave India, but higher long-term growth rates will remain out of reach. We'll also miss out on taking advantage of our demographic dividend.
This isn't an easy fix. It requires long-term efforts to transform education, streamline regulations, and create an environment with the right incentives for India's brightest minds to discover and build in India, for India. Without this, we'll never truly realize our potential.
The truth about trading success and why it's important to tune out the whores who hawk their promises and prey on those desperate for profits: https://t.co/wLVzGApt5Q