Why are so many people looking for easy money?

#1
I've been reading this forum for a long time. There are some people here with great insights.... but I find that most people are just looking for quick and easy money.
Very few people have the patience to go in for the long term..... even when short term losses may nto yield high profits.

I know that risk is proportionate to returns...er..... potential returns, but why do so many people focus only on the little, the quick??

Just a rant.. hope to hear from all of you
 
#2
I've been reading this forum for a long time. There are some people here with great insights.... but I find that most people are just looking for quick and easy money.
Very few people have the patience to go in for the long term..... even when short term losses may nto yield high profits.

I know that risk is proportionate to returns...er..... potential returns, but why do so many people focus only on the little, the quick??

Just a rant.. hope to hear from all of you
If you analyse who all comes to trading you will find that many people come to trading not by choice but by no other choice. They have been fired from the job, they have left the jobs as they were not happy,job politics etc and they have family expences to meet and they have need to make quick money. Very few people come to trading as a career choice on their own and are ready to wait for 5-10 or 15 years to make long term money. They come with small trading capital and want to make large % gains on that so take larger risks which eventually catches up with them.

There are of course exceptions to the above...they are educated, experienced ,hard working , well capitalised traders and they have much better chances of success in trading..

Smart_trade
 
#3
And who does not want to receive free money? :)
This is a world of lazy people, where everyone believes that he is the smartest person in the world. Unfortunately, everyone is trying to cash in on each other. Who is smarter than going to coaches and teaching how to achieve success. Who is dumber is going to Forex to lose all their money.
I think that the topic of easy money will always be popular.
 

doss186

Well-Known Member
#4
I've been reading this forum for a long time. There are some people here with great insights.... but I find that most people are just looking for quick and easy money.
Very few people have the patience to go in for the long term..... even when short term losses may nto yield high profits.

I know that risk is proportionate to returns...er..... potential returns, but why do so many people focus only on the little, the quick??

Just a rant.. hope to hear from all of you
Bro the stock market is to make some quick money. Otherwise you wouldn’t have come into this game. The long term reapers are investors and not traders. As day trader we do lose some trades but not necessarily all trades. Money is made from short term, if you know how the prices move and what factor takes the price high or low.
 
#6
I am not sure why they are, I am not and I do not recommend this way to anyone, there is no free lunch at all no matter how you will put it all. Do you really understand what is really going on anyway ? There should be some fix really, it's all depends.
 

Tejas Khoday

Co-Founder & CEO, FYERS
#7
If you can get it easy, it's well worth the try. Right? Wrong.

The lure of easy money is too hard to resist for most people and this is not restricted to the poor and needy. It's human instinct to chase what's easy and try to milk the opportunity for as long as it's there to be milked. Even billionaires are no exception to this. The most recent and notable case being Dalmia Bharat's Founder who joined hands with Allied Financial to sell naked options to make money "easily" and they ended up with massive losses. Few people take a backseat and think if it was so easy, why isn't everyone else becoming rich doing it?!

There is no substitute for hard work & what comes easy usually goes away easily too. But that won't stop people from punting in the markets in "get rich quick" schemes.
 
#8
think how easy for cat to get flesh if it wander around mutton stall than a sweet stall .

all we need to do is to wait ..till our piece thrown to us .. out of greed if cat put its head strait under the knife of the butcher then its fate will be different ..
 

Hulu Girl

Active Member
#9
It is in nature of human, that they want everything easy and free. Money is something, people in mind, that they can do anything with it and life will be easy.
 
#10
Who doesn't want to fain money in easy way? When people have enough money, it will make their life much easier as they can spend on anything they want to buy.