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Showing posts from June, 2023

Sucker Who Trade 102

  Sucker Who Trade 102: Personal note - Sometimes I feel some stocks are like Those bad partners with whom you don't want to be in a relationship but somehow end up with them any given day. I have evil stocks like those in my portfolio. I bought them at reasonable price and then they crash. Then I sell those stocks. After my sell order, the stock becomes rocket. Again I buy those fuckers at a high price and they crash. The cycle keeps on going on like this and I just wonder wtf this fucker is doing in my portfolio....eating time value of money. Pure self-inflicted misery and pain periodically.  Main content -> After getting overwhelmed by credit card debts I realized one thing. You can never outrun credit cards and loans. That's how the system works. You can never outrun this stuff. Our parents were lucky in this aspect, they got property at a low price, stocks at low prices, gold at a low price and whatever at a low price with adequate wages of course. We millennials cant ...

Sucker Who Trade 101

  Sucker Who Trade 101: I quit my full-time job some time ago for higher studies. After working for 8.5 years in the grilling Indian banking industry I wanted a change of air to understand what was going on in the world. I started working full-time at the age 21. I was good at studying stuff I like to study but never got time to study. Sometimes it was student loans, sometimes it was credit card debts and after some time it was I like hanging around my office and colleagues which kept me on the job.  Luckily starting at a very young age does help me in identifying what I want to do for money or what I am interested in. It was trading. Why trading? It's easy money you know if one has the right temperament and attitude. It's cool stuff but only if you have the right temperament.  I learned trading slowly for years. Whatever I earn as a salary I lost in trading. Those were painful years till I learned how to manage all this plus the emotional trauma of losing money trading. ...