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ICICI Direct
by Marc on Jan 24, 2008 03:55 AM   Permalink | Hide replies

Im holding an Demat from ICICI Direct,, i don understand the concept of marginal trading as the cust service is bad like the sensex,,,,,

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  RE:ICICI Direct
by Javed R G on Jan 24, 2008 02:42 PM   Permalink
Marginal Trading is extremely dangerous.. Atleast in the markets that are now..
One need to be extremely lucky if he doesnt have real fundamental knowledge about the investing company.
You may make hay couple of time but could potentially burn your fingers which would lead you to quit Trading for your entire life.. and Can haunt you as nightmare throughout..
However, In simple words marginal trading allows you to trade upto 4 times (experts plz correct if i m wrong) than the amount you have.. Worst thing you need to settle the remaining (3 times)amount in two days.. YOu are good when your share is up.. But you are dead when its down to rock bottom like it happened this Tuesday..

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  RE:ICICI Direct
by Gautam Sinha on Jan 24, 2008 11:53 AM   Permalink
Margin trading was blocked for a few days
In any case that is for day traders. if you do not understand it now, dont start it.

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