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TAX mai turnover profit and loss(positive value) ko add karke nikalte hai buy and sale value ko nahi to nahi ayegi problem tax mai. But upar vali trade mat karni agar paise ache lagte hai toh
I am a CA article and there is no need to file income tax return if your income is less than 2.5 lakh. So considering this is your only income it is not compulsory but advised.
Whenever you miss your entry before you take another trade quickly always remember this market will always be there those missed opportunities will come again as long as you save your money and don't waste in quick trades.
in case of stock options liquidity will be very less means you may not able to enter or exit trade at your desired price otherwise the underlying concept will remain same.
Watch youtube videos study on zerodha varsity and start paper trade on frontpage for atleast 1 month. If you are serious you will learn the basics to use real money and psychology of trading will take time to develop.
Price action isleye kam karta hai kyuki as humans hum predictable pattern follow karte hain and purane years se ham compare nahi kar skte kyuki uss time strict rules nahi the and insider trading was very common ab markets efficient ho chuke hain matlab sab ke paas same informatio...
You cannot trade without having a view of market. If you just flow with the market always you will continuosly hit sl and will very easily loose your capital specially if your quantity sizing is wrong.
So have a setup, have a theory of where market will go and when both looks goo...