Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
re: Day trading Nifty & Banknifty Futures
but these economic fraud/crime have been going on since the advent of mankind.
regarding police/govt responsibility another perspective- long time back was associated with some software development with a state police - kind of manpower shortage these departments are facing is mind boggling - even serious crime like murder are not investigated due to manpower shortage + same have to provide for vip protection, rally bandobast etc
but these economic fraud/crime have been going on since the advent of mankind.
regarding police/govt responsibility another perspective- long time back was associated with some software development with a state police - kind of manpower shortage these departments are facing is mind boggling - even serious crime like murder are not investigated due to manpower shortage + same have to provide for vip protection, rally bandobast etc
re: Day trading Nifty & Banknifty Futures
It will not stop...peoples greed is never satisfying....In fact 2 guys approached me last year...one saying he knows someone who makes money from stock market and he pays 6% pm...with post dated cheques.....I told him not interested...and also warned him...but he went ahead and invested Rs 5 Lacs...he got 6 % returns for 3-4 month...then return cheques started bouncing and one day the wizard trader declared that he has lost all Rs 5 L in a adverse move in the market and if people want to get the money back , they should put Rs 5 L more and he is " ready to trade on fresh money and repay old losses.....and some guys even were considering funding that fool second time....
In second instance, a guy from commodities got in touch with me saying he is a hotshot commodities guru...and he promised 8% per month.....and he saying it is easy....he investing in Gold/silver, and other commodities....I refused....and in 3 months he went burst and there were police complaints against him...he ran away...I have seen atleast 2 dozen hotshot gurus in last few years...all are absconding now.....
We all know that doubling gold ornaments is a fraud and impossible in science...but still people fall for this trick even in metro cities and educated class....
ST
It will not stop...peoples greed is never satisfying....In fact 2 guys approached me last year...one saying he knows someone who makes money from stock market and he pays 6% pm...with post dated cheques.....I told him not interested...and also warned him...but he went ahead and invested Rs 5 Lacs...he got 6 % returns for 3-4 month...then return cheques started bouncing and one day the wizard trader declared that he has lost all Rs 5 L in a adverse move in the market and if people want to get the money back , they should put Rs 5 L more and he is " ready to trade on fresh money and repay old losses.....and some guys even were considering funding that fool second time....
In second instance, a guy from commodities got in touch with me saying he is a hotshot commodities guru...and he promised 8% per month.....and he saying it is easy....he investing in Gold/silver, and other commodities....I refused....and in 3 months he went burst and there were police complaints against him...he ran away...I have seen atleast 2 dozen hotshot gurus in last few years...all are absconding now.....
We all know that doubling gold ornaments is a fraud and impossible in science...but still people fall for this trick even in metro cities and educated class....
ST
re: Day trading Nifty & Banknifty Futures
One way to control any organised crime is if we revert back to trail by jury. A jury cannot keep assembled for a long time and the trial will be day to day hearing and most likely complete in 2 weeks. Can you keep ST Da a from market for longer period if he is on jury duty? Also an organised crime requires repeat offence. How many different jury can one repeat offender keep bribing and remain off the hook.
One way to control any organised crime is if we revert back to trail by jury. A jury cannot keep assembled for a long time and the trial will be day to day hearing and most likely complete in 2 weeks. Can you keep ST Da a from market for longer period if he is on jury duty? Also an organised crime requires repeat offence. How many different jury can one repeat offender keep bribing and remain off the hook.
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