TRUE STORY
Secret Revealed: How I Transformed My Trading
Would you like to increase your profits and Transform Your Trading?
Increase your profits! No need to buy any software, book or trading system. Just a small change & the profits will be all yours. You can start with it right now!
Hello Guys! My name is Rahul, from New Delhi. This is my story: It's about taking a small step that transformed my trading completely. I'm now earning decent profits every month from the market. It is a very good deal, especially because I was trading in the markets for months already with a little or no success. I was able to transform my trading completely and turn my losses into gains, all with a small change. I'm here to spread it. I hope my story can inspire you to try what I discovered. Continue reading...
How it all started...
A year ago I was only a clerk of a company in New Delhi. That was not exactly what I had dreamed for the future in my childhood days. Before that job, I worked in a bank. This work I really liked. Initially working only as insurance agent and then started working in the stock department. That was really exciting and it was 5-6 years ago. I was trying to learn new things and, eventually, I really started to make some money. I was doing really well there 3-4 years ago. So like you know during the recession, the banking industry had a huge drop and I quickly found myself unemployed.
So I took a job with extremely low wages working as a clerk. This time I had a small salary, doing something I was not particularly excited about. My wife also ended up losing her job (she worked in the HR department of a small travel company) and so we had to move our small apartment to an even smaller apartment in a poor area that was not really where I wanted to see my children grow.
I eventually started trading in stock market to support my family. I tried to learn charts, technical analysis, fundamental analysis, taking advisory services, following senior boarders on stock forums and all that stuff to improve my results. But in the end I always ended with little or no profits. If I made gains in one trade I would lose more than what I made in next few trades. This continued for months until I finally decided to find out where I was getting wrong. I compiled all the contract notes & details of my trades from my mail and started analyzing them one by one until I discovered something really exciting.
Having analyzed my trades thoroughly I made a small change in my trading. This change transformed my trading completely.
I would typically take many day trades with a stoploss ranging between 0.5% to 1% with a target for 1% to 2%. My Risk-Reward ratio always was 2x or more. For that type of scalping, this was essential. Now let me show you what happened with an accuracy of 45% (Imaginary Trades).
Capital of 50,000 used for Intraday Trading - Imaginary Trades
I made a solid 2.5% gain! Rs. 1,250 gross profit. Now I go on to see my net profit.
Post Brokerage and Taxes:
Where have the profits gone?
A gross profit of Rs. 1,250 became just Rs 85 in my account. Eventually, my broker won! In case I made a loss of Rs. 1,250 then my net loss would be around 2,300 after brokerage! My broker was still winning!
I was astonished to find that a major portion of my capital was going to my broker in form of brokerage commissions. My losses were increasing and my gains were decreasing after payment of the brokerage commissions. Further, as I increased my capital or used margins the brokerage increased further as it was charged on total traded value.
I was stunned! How I continued ignore such a small thing that was eating up my entire profits! What was all the analysis put in for then?
What if I had traded with a discount broker?
My net profit is still healthy
If I had gone with a discount broker, someone who charge me a low brokerage or a flat fee of say Rs 20 per trade then my Net profit would still be intact! From Rs 85 to Rs 760! That is a big amount. And imagine it happening daily? I would end up with nothing.
in case my capital increases from 50,000 to 1 Lakh, then the discount broker who will still charge the same fee. But the traditional broker's brokerage will increase too! Infact it will double and still eat my profits. The bigger the capital, the lower your break-even point and cost with a discount broker.
Moral of the story:
Being a great analyst or a great trader will go in vain if you are unable to keep the profits. Choosing the right broker is necessary for being profitable. I finally realized that the best thing to do is to work with a big and reputable discount broker.
To make a long story: In a few weeks, I was making good profits.... trading in the same market, and the best thing is I am able to do that without struggle, without changing my strategies and with the same amount of capital ... I just switched from a traditional money sucking broker to a investor friendly discount broker, and this small decision transformed my trading completely! I don't worry about heavy brokerages now. That's right, there is no need for me to pay Rs. 500 as brokerage on trading of Rs. 1,00,000 when I can do same for Rs. 20. It's really that simple, I am not a market expert or guru, but I know how things work in this market. Professional traders are always smart when it comes to reducing their costs. Getting a right broker is something which is of utmost importance when it comes to trading or investing. So you'd be missing out on something big if you didn't focus your attention on it now. You must be thinking how to find a perfect broker for yourself? Let me explain how I did it
I researched several companies from startups to big names. I analysed the brokerage structure, technology, trading platforms, different charges, customer support, technology and reviews from existing customers for each. Finally, I found a discount broking firm named Zerodha that is investor friendly and legitimate.
Zerodha which is India's first and leading discount brokerage firm has got over 1,00,000 clients now. The Bangalore based firm with branches across the country has also received Emerging Broker Award two years in a row primarily due to its cutting edge technology, customer support & investor friendly brokerage structure.
Zerodha charges its clients a flat fee of Rs. 20 per trade or 0.01% whichever is less on intraday/F&O. Equity and mutual fund investments are absolutey brokerage free, No strings attached.
Earlier, I used to trade with a big broker which charged me a very heavy brokerage which then seemed fine. But once i shifted to my current broker my brokerage reduced drastically and profits have increased. Moreover, my equity & mutual fund investments are absolutely brokerage free. Gone are the days when my broker would charge me Rs 50 per lot for options. I can trade multiple lots for a flat fee. Same with futures and commodities. My breakeven point has reduced to a few ticks. I encourage every trader to think about this. Instead of paying out lakhs as brokerage over time, you can be smart and cut down your brokerage cost and keep that money in your pockets.
Follow the simple instructions and set up your account with Zerodha. You will be guided through the process.
I'm just doing my part and spreading the news so you do not have to go through what I went in life. And I think, honestly, you can save hundreds and thousands every month just by changing your broker. This analysis really showed us how. You just do the same!
PROOF OF BROKERAGES WITH ZERODHA
How can you start:
Step 1: Fill out the form given below
Step 2: Zerodha Executives will get in touch with you and clear your all queries with respect to account opening. From there, you will be guided through the process.
Step 3: Start Saving!! Cut down your brokerage cost and keep that money in your pockets with every trade you make. Get ready to change your trading completely.
My story has been featured and shared on number of websites and portals and numbers of my visitors exploded!
I Just came to know that a huge number of investors/traders are setting up their accounts with Zerodha everyday, so don't wait now, take advantage of this opportunity while you can.
You will be able to save tons of money that you are presently paying to your brokers easily. No heavy brokerages, No stress, No conditions apply -. Just simple and easy trading. Open Your Zerodha Account Now
This content is copied from a website which is worth useful. No matter who says. Matter is what it says. Moving your account zerodha can help you earn for sure
Step 2: Zerodha Executives will get in touch with you and clear your all queries with respect to account opening. From there, you will be guided through the process.
Step 3: Start Saving!! Cut down your brokerage cost and keep that money in your pockets with every trade you make. Get ready to change your trading completely.
My story has been featured and shared on number of websites and portals and numbers of my visitors exploded!
I Just came to know that a huge number of investors/traders are setting up their accounts with Zerodha everyday, so don't wait now, take advantage of this opportunity while you can.
You will be able to save tons of money that you are presently paying to your brokers easily. No heavy brokerages, No stress, No conditions apply -. Just simple and easy trading. Open Your Zerodha Account Now
This content is copied from a website which is worth useful. No matter who says. Matter is what it says. Moving your account zerodha can help you earn for sure