Tuesday, January 17, 2017

How Can I Recover from Daily Trading Loss?

Actual Question:

I am continuously losing 3000 daily in trading. How I should recover from that?


Answer:

Dear Friend
Quit Immediately!
Forget about whatever you have lost.
Please do not expect to recover the trading losses. I have seen speculators doubling the bets to recover past losses and sink even more rapidly into losses.
Make a fresh beginning with value investing which is true investing.
Buy yourself a copy of every true investor’s bible, “The Intelligent Investor” by Benjamin Graham.
Picture of book The Intelligent Investor
Picture of book The Intelligent Investor

Take a solemn vow that you will never again indulge in trading/ margin trading, which are highly dangerous.
You look quite young from your photograph. So let me assure you that by following a slow but sure path of value investing you can certainly achieve significant investing success.
Related topics:
·       Investing - Definition
·       What is Value Investing?

All the best.

Thank you

Anand