Biggest lesson for me.......

#1
I don't want to discourage new bees here...but This is the method of my

friend who lost 10 Lacs in 2 months......I told him not to

trade but he was doing it like hell in the anticipation of

profit..... I told him on his face that u will become a begger

then u will stop.........Today he is really pooooooorrrrrr

Not having money even for food......

& the worst thing is that he was using his father's (who

is no more) Provident fund money.....

this is a biggggggggggggggggg bigggggg lesson

for me.........

He was also using leverage money offered by broker......

NO money management...

trading only Intraday & FnO no delivery at all.......

No paper trading.......

New in the area of TA & consistantly playing with SL......

Huge position like 1000 ABB at that time it was trading

at 2000 INR.

I want newbies as well the others to learn out of this.........


------------------------------------------------------------------------------------------------------------------------------
The Problem With The Rat Race Is That

Even If U Win Still U R A RAT....
 

sudoku1

Well-Known Member
#3
I don't want to discourage new bees here...but This is the method of my

friend who lost 10 Lacs in 2 months......I told him not to

trade but he was doing it like hell in the anticipation of

profit..... I told him on his face that u will become a begger

then u will stop.........Today he is really pooooooorrrrrr

Not having money even for food......

& the worst thing is that he was using his father's (who

is no more) Provident fund money.....

this is a biggggggggggggggggg bigggggg lesson

for me.........

He was also using leverage money offered by broker......

NO money management...

trading only Intraday & FnO no delivery at all.......

No paper trading.......

New in the area of TA & consistantly playing with SL......

Huge position like 1000 ABB at that time it was trading

at 2000 INR.

I want newbies as well the others to learn out of this.........


------------------------------------------------------------------------------------------------------------------------------
The Problem With The Rat Race Is That

Even If U Win Still U R A RAT....
"Whoever controls the volume of money in any country is absolute master of all industry & commerce.":)
 

y2j826

Active Member
#7
making money isn't as easy as loosing money, in stock market you need to take every step carefully, cuz u don't get 2nd chance here...
 

dpr

New Member
#10
friend,
I sympathise with your friend.
But i also know a friend who bought a car and met with a fatal accident.
I also know another friend who got a gas stove and got his house burnt.
I also know a friend who died in swimming pool.

Moral of the story--- you can meet your ruin anywhere if you are careless.
Share market is just another case.
Its high risk-high return game.
Wanna play it! learn it properly.

regards
dpr
 

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