Never Trade in Indiabulls !!!!

[AmritaBasu]

Never ever trade based on your broker's advice...I LEARNED THIS THE HARD WAY. Come to forums like this, Do your own studying, Follow business news closely...BUT NEVER EVER BELIEVE THAT THE BROKER IS SUGGESTING A CALL BASED ON RESEARCH. you are talking about Indiabulls ? I HAVE HAD SAME OR WORSE EXPERIENCES WITH SHAREKHAN. LOST ABOUT 22000 in a single trade of relcap in oct/ nov of last year because the dealer taking my call bought 8000 relcap shares because I told her " can u give me a profitable call?" In less than 15 minutes I had lost 22000( bought and sold in 15 mins. AND THE OTHER LOSSES THROUGHOUT THE YEAR ? ABout ANOTHER Rs100000 becauseI hardly traded. And I am holding equities at a loss of Rs700000 bought at broker's advice. And SO FAR ONE LESSON I LEARNED...NEVER EVER TRUST UR BROKER> HE DOESNT GIVE A DAMN ABOUT UR MONEY. NOTHING BUT MEETING BROKERAGE TARGETS. And top of that deducts interest because u paid ur delivery share money 1 or 2 days late after suffering all those losses. NEVER TRUST UR BROKER. I NO MORE TRUST SHAREKHAN'S RESEARCH.

 

[suresh_tnj]

It’s not only by Sharekhan. It’s in IB also. NO research nothing ( they will ask you what is that ). Even I too lost money because of their recommendation. If you are, really didn’t know how to spend the money then you can take RM’s recommendation.

 

[DayTrader_1974]

Welcome to the club, amritabasu

Though you realised the supreme truth a few lakhs later than most.

Dont worry do ur study of the markets, u will earn it back!

ps: i hope you gave your rm some very choiciest " gaalis "

 

[jdm]

Never ever trade based on your broker's advice...I LEARNED THIS THE HARD WAY. Come to forums like this, Do your own studying, Follow business news closely...BUT NEVER EVER BELIEVE THAT THE BROKER IS SUGGESTING A CALL BASED ON RESEARCH. you are talking about Indiabulls ? I HAVE HAD SAME OR WORSE EXPERIENCES WITH SHAREKHAN. LOST ABOUT 22000 in a single trade of relcap in oct/ nov of last year because the dealer taking my call bought 8000 relcap shares because I told her " can u give me a profitable call?" In less than 15 minutes I had lost 22000( bought and sold in 15 mins. AND THE OTHER LOSSES THROUGHOUT THE YEAR ? ABout ANOTHER Rs100000 becauseI hardly traded. And I am holding equities at a loss of Rs700000 bought at broker's advice. And SO FAR ONE LESSON I LEARNED...NEVER EVER TRUST UR BROKER> HE DOESNT GIVE A DAMN ABOUT UR MONEY. NOTHING BUT MEETING BROKERAGE TARGETS. And top of that deducts interest because u paid ur delivery share money 1 or 2 days late after suffering all those losses. NEVER TRUST UR BROKER. I NO MORE TRUST SHAREKHAN'S RESEARCH.

"someone will trun my millions to billions" - the very idea baffled me, thats why i never got into the evil nexus of "profitable calls". they are like that only. no point in blaming them.

take it as lesson learnt, bad judgement (on your part dear). bitter but then thats how truth is.

 

[AmritaBasu]

no. no gaalis. He treats me pretty badly . I am a woman...If I simply tell gim" what sort of calls do u give ?Who will be responsible for the loss? " He hangs up the phone on my face.

 

[AmritaBasu]

Poor judgement on my part. I agree. But doesnt excuse the broker house or my RM who calls and up and always suggests I buy stocks where I lose money endlessly.

 

[swagat86]

hi amrita,


time to start learnin how to trade.

 

[AmritaBasu]

Hi,
Seeking admission to the esteemed university of traderji.com

 

[jdm]

Poor judgement on my part. I agree. But doesnt excuse the broker house or my RM who calls and up and always suggests I buy stocks where I lose money endlessly.

it makes perfect business sense on part of the broker or the rm to call their clients. if i or as a matter of fact you be on their shoes, you and i had done the same.

i have a/c with multiple brokers, and none calls me. its not that they hate me but they know their calls will be futile. and they know this from experiance. they have called me numerous times, only to be refused politely. my brokers are same as yours. no angels.

 

[DayTrader_1974]

Welcome