This story I think is same with almost everyone of us. I do get these kinds of emails almost everyday but this story looks the same as mine. I lost 7 lakhs doing speculative trading, taking tips etc. But then when I took it upon myself things changed.
See his email here:
This is what he wrote:
Hi Mr. Dilip,
I am a victim and have suffered total loss of about 14 lakh rupees.
This includes investment and losses.
Now, I am left with almost no money and had to take a loan of 2 lakhs.
I want to buy your course and start to play safe.
Should I buy the course now or should I first read something about options and then buy the course?
My only thing is that can you add 6 months of support as soon as I read your course material?
When actually I will start to analyze the market and have questions to ask you.
Now I am sure our trading journey starts with a loss. But letting the loss extend so much that you have to take a loan to survive is something that should be avoided.
The problem is we want to make 10% a month, actually every month. Making 10% month after month is not possible. We do not realize that to get that 10% we are losing 5% a month and then one day losses exceed lakhs.
Then there are people who take a loan to trade. You should never trade stock markets with loan money.
Stock trading income comes gradually, slowly, bit by bit not fast as most people dream of.
If you are losing money trading options trying to make 10% a month then think about this, if you make 10% this month then will you make 10% next month too? And for how long are you trying this?
At least start making small profits first, then try to think big. If you will not take the first step towards success then when will you take the second step?
You can do my Conservative Nifty Option Course and learn strategies that will keep you capital safe by hedging and help you make monthly income peacefully. You do not have predict market direction, nor look at charts, nor do any kind of speculative trading and you do not even have to keep monitoring your trades. What more do you want?
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