Glossary
/Transaction Cost
It is the silent killer of your trading profits. Most beginners only look at the share price, completely forgetting the pile of extra fees attached to every single buy and sell button. It includes the brokerage fee, STT (Securities Transaction Tax), stamp duty, exchange transaction charges, and GST. If you are doing heavy intraday trading, these tiny cuts can easily eat up 20 to 30% of your capital over a year. This is exactly why discount brokers became so popular in India.