Monday, November 23, 2009

Why brokerage houses hate us.....

Just 3 calls........says it all......

5th November ---- Buy 4800 ce near 75, sl 60, booked at double in a few days.

18th November--- Buy 5100 pe near 75, sl 60, booked at double in 2 days

20th November --- Buy 5000 ce near 40, sl 30, still holding at 125!!!

No wonder brokerage houses hate us, since their clients hardly trade, but still make money.

It is more surprising that some traders also hate us, saying number of calls are less; but.....

just imagine the above trades starting with 1 lot.....

4800 ce (75 x 1 lot) - Rs. 3750 becomes Rs 7500

5100 pe (75 x 2 lots) - Rs. 7500 becomes Rs. 15000

5000 ce (40 x 7 lots) - Rs. 14000 becomes Rs. 43750, and still counting.

Add timethemarket@ymail.com on yahoo messenger and stop trading for your broker to earn money and stop trading every day.