Save Money on Options and Futures TradingTraditional brokers take away a lot of money by charging high brokerage in each lot traded, however this broker does not charge for each lot. If you trade 5/10/100 lots in a single order they charge only Rs.20/- for each order traded irrespective of lots being traded at different times. Same for exiting. If you exit all 5/10/100 lots in a single order your total brokerage comes to Rs.40/-. And they do not charge anything for buying & selling stocks. It takes 5 minutes to open an account online. Click here and Open Free Account with them today >>
Today is August 2016 expiry day for derivatives so please close all your positions before 3.30 pm, if possible by 3.15 pm.
You can leave the Out of The Money (OTM) bought or sold options to expire worthless to save your money on brokerage and STT. Rest you should close just to make sure you are not taking any chances as this will be closed by the NSE, BSE, or MCX or wherever you are trading. If you are trading in next month’s Future or Options there is no need to close. You can close them only if your trade is over, they will not expire today.
Happy Janmashtami 2016. Enjoy the day.
Peace to all – which in my view is more important than money.
If you have lots of money but no peace and no good health than even if you have a million dollar (more than 6 crore rupees) its just piece of papers that’s all. You must be able to enjoy the money you have in the correct way.
VIX: It is fallen today by 2.74% so people who have done my course try to book profits if it has reached the level as described in my strategies. Then wait for the right time to enter.
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