Sunday, September 13, 2009

Cheaper to trade on the NSE

NSE has now reduced its transaction charges by about 10% in the cash and futures segment for market intermediaries. In effect, this move will especially help retail brokers and investors by reducing the overall cost of trading. Although it may now become cheaper to trade, long term investors must by no means get encouraged to do so. We believe, trading is a loser's game. Just ask the ones who have learnt it the hard way. By the time they realise that they are back to where they started from, their brokers are already busy laughing all the way to the bank!

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