Learn 🅾️ptions 2 Earn
2K posts

Learn 🅾️ptions 2 Earn
@learnalgo2earn
Learn Options Trading | Money Management | Price Action | Not SEBI registered | No Advisory, Join https://t.co/VdMJ3BH5Fn
Bangalore/Vijayawada Katılım Nisan 2021
589 Takip Edilen3.7K Takipçiler

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@saketh1998 BIG BREAKING
US president Trump announces trade deal with India with a tariff of 18%.
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@saketh1998 @_anujsinghal Basically he is bullish most of the times, in bull market you can make huge money by following @_anujsinghal
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@saketh1998 Usually 3,10 will give late entry and exit. If you set 1,10 it will trigger buy sell very frequently.
So ideally you have to test with multiple combinations and find fine tune values.
One size fit all won't work here.
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I tried backtesting super trend strategy on Bitcoin across 30m 4h and 1d time frames and to my surprise most of these strategies are loss making
I used API's from Delta Exchange to Obtain the Historical Data as it is available free of cost and here are the results from 1 Jan 2024
30m Time Frame:
Total Trades: 468
P&L: -16,745 points
Best Trade: 8,672 Points
4h Time Frame:
Total Trades: 66
P&L: +5,122 points
Best Trade: 20,334 Points
1d Time Frame:
Total Trades: 15
P&L: -31,401 points
Best Trade: 31,311 Points
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Trading crypto in India is legal, but it is subject to regulations. Here’s what you need to know:
Legality:
There is no ban on trading or investing in cryptocurrencies like Bitcoin, Ethereum, etc.
Crypto is not considered legal tender (i.e., it’s not an official currency like the Indian Rupee).
Regulations & Taxation:
A 30% tax is imposed on profits from crypto trading (as per the 2022 Budget).
A 1% TDS (Tax Deducted at Source) applies on transactions above ₹50,000 (or ₹10,000 in certain cases).
Losses from crypto cannot be set off against other income.
RBI & Government Stance:
The RBI (Reserve Bank of India) has warned against crypto risks but has not banned it.
The government is working on a global regulatory framework in coordination with international bodies.
In summary, trading crypto in India is legal but heavily taxed and regulated. Always comply with tax laws to avoid penalties.
@grok check is this information correct ? Add anything, If I miss.
#Nifty #SEBI #zerodha #DeltaExchange #Education
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