It all boils down to whether we make money or not. In our society, the people with money command respect, be it builders,sportsmen,politicians,filmstars even goons and black marketers..
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
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