Hi All. I am new to this site.Though I have visited this site couple of times before but not v frequently. Well, I came into Stock Market in 2007 with the view that I will be able to earn 3000-4000 Rs. extra per month and that will be more than enough for me.. But eventually I started Intraday and till today I am losing... I am very small investor and started it with 5k only, but will you believe that bcoz of Intraday, I lost not less than 3 lakhs till today 
My recent loss is 60k which I invested in Jan 2010 with the view that I will not do intraday and cover money slowly.. Bought MRF but did not hold it at 6000 level which went to 7600 in few months, after selling MRF in almost no profit no loss, I bought Blue Star Info at 155 and finally had to sell it at 115 after 2-3 months.. Then bought FACT (Fertiliser and Chem Travancore) at 57 level which I had to sell finally at 48.. Needless to say that the money was getting lesser and lesser for investment as I was booking loss every time.. Then loss in RNRL and finally in IFB IND.
The biggest problem is that I really need that 60-70k at any cost as I put this money at v high risk.. Now to pay my EMIs, I am borrowing money from friends.. Borrow from one, invest it so that I can cover loss, then borrow form other to pay 1st guy, then from other like this...
Just wanted to leave Intraday but the biggest thing is that I MUST cover this loss at any cost...
Can some one pls suggest me something like Jai Corp which can cover all my loss even if it takes more than a year... I would be really grateful if someone can pls help me out in this...
Regards,
Akash...
My recent loss is 60k which I invested in Jan 2010 with the view that I will not do intraday and cover money slowly.. Bought MRF but did not hold it at 6000 level which went to 7600 in few months, after selling MRF in almost no profit no loss, I bought Blue Star Info at 155 and finally had to sell it at 115 after 2-3 months.. Then bought FACT (Fertiliser and Chem Travancore) at 57 level which I had to sell finally at 48.. Needless to say that the money was getting lesser and lesser for investment as I was booking loss every time.. Then loss in RNRL and finally in IFB IND.
The biggest problem is that I really need that 60-70k at any cost as I put this money at v high risk.. Now to pay my EMIs, I am borrowing money from friends.. Borrow from one, invest it so that I can cover loss, then borrow form other to pay 1st guy, then from other like this...
Just wanted to leave Intraday but the biggest thing is that I MUST cover this loss at any cost...
Can some one pls suggest me something like Jai Corp which can cover all my loss even if it takes more than a year... I would be really grateful if someone can pls help me out in this...
Regards,
Akash...
