My broker in India (Angel Broking) showed this disclaimer at the app landing page today. Thank God I didn't just accept and skip through like most disclaimers we come across.
Important Risk Disclosures from SEBI
Please read the following pointers before participating in the derivates segments of the markets
Risk Disclosures on Derivatives
1 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses
2 On an average, loss makers registered net trading loss close to ₹50,000
3 Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs
4 Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost
Submitted July 10, 2023 at 01:15AM by 1_anonymous_citizen https://ift.tt/zq6coXJ
