Yeh when i started my career I used to take brokers tips, oh rather say that broker was able to force me to act on his tips ! and I was handicap........knowing that these tips are not worth and knowing the fact that I should never take tips from brokers I dont know what was wrong with me I used to act as per brokers instruction and by the time I was awake from this nightmare it was too late ...already lost 2 lacs ......
Before venturing in stock market I knew that I should be away from brokers advice, I know that I shoudl not reply or take brokers advice,I heard from many seniors that they lost coz of broker....but even then I dont know how I gave up and the broker was able to rule me.....
I am still with those bad memories...dont know how to forget those bad memories.....
My broker used to argue...force...me to trade ...and i gave up easily...now I realise that i should have stoped trading with him and should have gone to other broker.....but my real problem was FEAR that the broker may not release my fiunds......
...in case if i withdraw funds all at a time he may argue that why I am leaving........so in the whole process I lost......
Anyways man learns from his exp....yeh that exp was very expensive...2 lacs....
i have learnt that art of negotiation....communication after that and now I am very very comfortable....
Now I frequently communicate with my existing brokers on matters related to brokerage and various issue...earlier where I used to fear ....my fear has totally vanished...now i easily argue with broker...give me this brokerage rate or ur competior is waiting