Hi every one!
My first experience with share trading was a big shock. Second week of May this year the RM through whom I joined a trading firm (for the first time) convinced me to transfer one lakhs into the trading account. The same day he bought shares for 3.3 lakhs using credit limit, which I never knew could be possible. The markets were at a peek at the time. Market started going down the next day and he sold most of the shares at a loss. Now I had taken out whatever I could, and stopped using that account. I have opened another account with another firm, and very cautiously trying to learn trading on my own.
Any advice?
My first experience with share trading was a big shock. Second week of May this year the RM through whom I joined a trading firm (for the first time) convinced me to transfer one lakhs into the trading account. The same day he bought shares for 3.3 lakhs using credit limit, which I never knew could be possible. The markets were at a peek at the time. Market started going down the next day and he sold most of the shares at a loss. Now I had taken out whatever I could, and stopped using that account. I have opened another account with another firm, and very cautiously trying to learn trading on my own.
Any advice?
