Wednesday, November 4, 2009

Know story, know result but negligent mindset

This story is about two friends namely Ram and Raja; they both are good friends for many years and a regular investor on stock market. Last summer they plunge into Day trading with an investment of 1, 00,000.

Ram was in a hurry to make profit, and he traded rashly, he started buying stocks, futures, options without even having a concrete plan or strategy. Someday he makes huge profit and drains those profits the next day. He also cultivated a habit of entering multiple trade if he loses, to catch those loss made during the previous trade, by doing this he is successful sometime and failed many times. Now Ram has only 40,000

Raja was also in a hurry to make profit and he too traded like Ram (rashly), but after few losses he actually paused his trading and started to think on a concrete plan. Now Raja has only 60,000.

Let’s pause our story here…

Raja and Ram are not factious characters; it’s you, me or anyone around us. Just think back how much we have invested on this stock market, how much we got and how much we lost.
 

[To be continued]


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2 comments:

  1. Uma you are making your blog much more interesting. I like the way you have started this Soap :-D. Hope this soap will be a super hit as Prime time Sun TV soap. :-D and a much more useful one than those soaps in Sun TV. Looking forward for the coming episodes.

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