General Trading Chat
- Thread starter timepass
- Start date
- Tags idle thoughts trading talk only
ya.. that's y family support is imp. outsiders will say lot of things and we can ignore.
but if insiders also keep on saying the same, it will affect our morale.
first family must understand that its not gambling.
but if insiders also keep on saying the same, it will affect our morale.
first family must understand that its not gambling.
When we make money consistantly, family and society respects us. But traders generally are hand to mouth, they have small capital,they take large positions in the bid to make money quickly and suffer losses in the process.
Things are improving. My friend who was an industrialist sold some of his factories recently and he has invested the money( large amount ) he received in Motilal Oswal PMS ...that is he preferred investment in markets to investments in land, gold etc.
Last week husband and wife both very successful doctors in my relation came to my house for advice on investments. They wanted me to manege their funds but when told that I dont manage outside money, they said please guide us from time to time....so people have started looking at stock markets with respect and confidence.
Smart_trade
This is what I feel, it always comes down to us as a trader/investor. Are we following the gambler's spirit ? If we dont understand what we are doing, if we are taking positions just for the sake of pleasure or making our ego satisfy, if we are not respecting MM and position sizing, and if we dnt have any rules in place for this game, just doing it as a impulsive trader, then we are just giving our friend/family/society one more reason to strengthen their belief about trading cum gambling.. And if we want society to look at us differently, then we need to start doing differently of what we are doing.. Dont wait for the change Be the change
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