Why Zerodha is not a suitable broker if you are trading with <10L 🧵
An eye-opening thread:
▶️ If you are day trading, one thing you should be bothered about is the charges(brokerage, SEBI, STT)
▶️ Profit/Loss is secondary. Will write about it sometime later.
▶️ Control the charges you pay at EOD.
1️⃣ What people usually do?
▶️ Take 100 trades. Make Rs.1000. And end up paying Rs.3000 in charges. You are only making your broker rich this way.
▶️ Do this on a monthly basis. And you will always be in a loss at the end of the month.
▶️ Kamath Bros are the ones making the money and not you.
2️⃣ Story of my friend(Problem Statement)