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)
▶️ A friend of mine shared his experience of over trading.

▶️ He started trading in Jan'22 with 5L capital.

▶️ He used to do scalping with 6-7 lots.

▶️ Used to do a lot of trades on a daily basis(70-90 every day). Ended up paying a lot of brokerage.
3️⃣ Moral of the story

▶️ Brokers are always winning. Not sure about market participants.

▶️ Money just changes hands in the derivatives segment. Someone's profit is someone's loss.

(70 * 30 = 2100)*20 = 42000 in brokerage at the end of the month.

Think about it.
▶️ Choose your broker wisely. Spend time researching which is the best broker for you.
4️⃣ Solution

▶️ Don't take trades where you lack conviction/doesn't suit your style of trading. Trade your setup. Avoid random trades.

▶️ You can't catch all the moves.
▶️ Try to limit the days you want to trade. Let's say you want to trade non-directionally. You can make enough money(5-6%) by trading just on Tuesdays, Wednesdays, Thursdays.
▶️ You can use alternate brokers like SAS Online, Kotak too. Kotak has hung up twice on me till now, but they don't charge intraday brokerage.
Share you experience with respect to how you look at brokerage. What % of profit is your brokerage.

Comment "Amazing" if you found the thread insightful.
For more such threads in future, follow me at @shivang_ran.

Retweet the first tweet to spread financial awareness.

Feedback appreciated.

Happy Weekend.

Until next time, bye 👋
This is just my 'personal opinion'.

More from All

How can we use language supervision to learn better visual representations for robotics?

Introducing Voltron: Language-Driven Representation Learning for Robotics!

Paper: https://t.co/gIsRPtSjKz
Models: https://t.co/NOB3cpATYG
Evaluation: https://t.co/aOzQu95J8z

🧵👇(1 / 12)


Videos of humans performing everyday tasks (Something-Something-v2, Ego4D) offer a rich and diverse resource for learning representations for robotic manipulation.

Yet, an underused part of these datasets are the rich, natural language annotations accompanying each video. (2/12)

The Voltron framework offers a simple way to use language supervision to shape representation learning, building off of prior work in representations for robotics like MVP (
https://t.co/Pb0mk9hb4i) and R3M (https://t.co/o2Fkc3fP0e).

The secret is *balance* (3/12)

Starting with a masked autoencoder over frames from these video clips, make a choice:

1) Condition on language and improve our ability to reconstruct the scene.

2) Generate language given the visual representation and improve our ability to describe what's happening. (4/12)

By trading off *conditioning* and *generation* we show that we can learn 1) better representations than prior methods, and 2) explicitly shape the balance of low and high-level features captured.

Why is the ability to shape this balance important? (5/12)

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**Thread on Bravery of Sikhs**
(I am forced to do this due to continuous hounding of Sikh Extremists since yesterday)

Rani Jindan Kaur, wife of Maharaja Ranjit Singh had illegitimate relations with Lal Singh (PM of Ranjit Singh). Along with Lal Singh, she attacked Jammu, burnt - https://t.co/EfjAq59AyI


Hindu villages of Jasrota, caused rebellion in Jammu, attacked Kishtwar.

Ancestors of Raja Ranjit Singh, The Sansi Tribe used to give daughters as concubines to Jahangir.


The Ludhiana Political Agency (Later NW Fronties Prov) was formed by less than 4000 British soldiers who advanced from Delhi and reached Ludhiana, receiving submissions of all sikh chiefs along the way. The submission of the troops of Raja of Lahore (Ranjit Singh) at Ambala.

Dabistan a contemporary book on Sikh History tells us that Guru Hargobind broke Naina devi Idol Same source describes Guru Hargobind serving a eunuch
YarKhan. (ref was proudly shared by a sikh on twitter)
Gobind Singh followed Bahadur Shah to Deccan to fight for him.


In Zafarnama, Guru Gobind Singh states that the reason he was in conflict with the Hill Rajas was that while they were worshiping idols, while he was an idol-breaker.

And idiot Hindus place him along Maharana, Prithviraj and Shivaji as saviours of Dharma.