rightly said... i guess i have blown away near 3 lakhs in past 2 years since i got employed.... to some extend it was reasonable but not 3 lakh.....
although no addiction touches me, except tasty food..... i went crazy, toured amsterdam, paris, vienna, stockholm, dubai... shopped till i drop, expensive mobiles, bikes, and lots of computer upgrades...... frankly not all were justified.....
At the end i had only saved the 1 lac for tax purposes.... now since i need to get married in a year to my long time sweetheart, i am starting to think straight and saving money....
i have been able to build up a portfolio of close to 1 lac now... and i am newbie and learning every bit of it..... i have already lost close to 5k in day trading but in the process learned how to do it and it was worth it..... i am able to say i knew zero of stockmarket 2.5 weeks before.... it all started with reliance power ipo hype..... now i understand most concept and learning the techniques used by experts here in my spare time....
i liked the saying "ITS VERY RISKY TO NOT TAKE ANY RISK" hence i would say best way is take calculated risk. i lost in day trading solely because i didnt not used stoploss that particular day..... it a no no thing....
just wanted to share my experiences with you helpful guys....
although no addiction touches me, except tasty food..... i went crazy, toured amsterdam, paris, vienna, stockholm, dubai... shopped till i drop, expensive mobiles, bikes, and lots of computer upgrades...... frankly not all were justified.....
At the end i had only saved the 1 lac for tax purposes.... now since i need to get married in a year to my long time sweetheart, i am starting to think straight and saving money....
i have been able to build up a portfolio of close to 1 lac now... and i am newbie and learning every bit of it..... i have already lost close to 5k in day trading but in the process learned how to do it and it was worth it..... i am able to say i knew zero of stockmarket 2.5 weeks before.... it all started with reliance power ipo hype..... now i understand most concept and learning the techniques used by experts here in my spare time....
i liked the saying "ITS VERY RISKY TO NOT TAKE ANY RISK" hence i would say best way is take calculated risk. i lost in day trading solely because i didnt not used stoploss that particular day..... it a no no thing....
just wanted to share my experiences with you helpful guys....
ashish one more good thread among countless threads , lets make it sticky .
I am amazed and equally interested in how people make money out of stock market .
I want to learn as much as I can and keep learning in future at the same time start very small and make it big later.
I am willing to risk a small amount of my hard earned money for it .
Many ppl smoke ,drink and blow up money like anything . At least I am doing it to learn something . I don't want to try it to loose money , but I also don't want to feel bad ,10 -20 years from now ,that I could have tried and was successful.But I will be eventually be .
The Risk might be , I might loose some money ,I know my risks .
I am amazed and equally interested in how people make money out of stock market .
I want to learn as much as I can and keep learning in future at the same time start very small and make it big later.
I am willing to risk a small amount of my hard earned money for it .
Many ppl smoke ,drink and blow up money like anything . At least I am doing it to learn something . I don't want to try it to loose money , but I also don't want to feel bad ,10 -20 years from now ,that I could have tried and was successful.But I will be eventually be .
The Risk might be , I might loose some money ,I know my risks .