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have lost my monet in stock market...and righ now i m very upset..and nervus too.i can't think in which line i can strat from..i m bcom,ll.b..i m also computer hardware engg.and doing my owen business from last 6 years.but after this loss i m not able to do work mantaly..i tried no of times..but can't complet my work..noe my finance position is not only weak.but truth is almost finish.i have lots of responsibility..how can i complet this..and recover money..i m ready to do any work..and i m very honest and hard working man..i m 31 years old..i can do all work..and ready to teach if i don't know..please help me..and guide me sir...i m from social family.and from good family..please advise me if you have any idea regarding this..i m very thankfull to all of you..please take it serious, sir/medam/friends...good bye...i m waiting for your best suggestion

2007-08-18 04:15:32 · 3 answers · asked by Anonymous in Business & Finance Investing

3 answers

Who manages your brokerage account you or your broker? Brokers don't give a hoot about the small investor. If it's the later fire him/her and take your financial future into your own hands. Visit www.investools.com. Also...if you manage your own account who is your broker, do they allow you to do options? From where I sit the market right now is a bargain house and buying options on the future is the way I would go. I profited $30,000.00 in the last week doing options but like you lost a lot 2/3 of it, but that was 2/3 of a gain not total investments. Hey, it's only money. Go with options, that's my advice.

2007-08-18 05:04:33 · answer #1 · answered by Barney 6 · 0 0

if you have not already done so, go flat immediately [exit the markets completely for non-traders].

any time market actions result in non-behaviors on your part, you have too much at risk in the markets for your psychology to handle. the way you fix that is to go flat. NOW.


***
I know that American markets moved strongly upward Friday after Asian markets were closed. Will Asian markets follow upward on Monday?

maybe.

how far might they bounce?


how much more of your life and future are you willing to bet on that?

***
you do not re-enter the markets until you have your psychology under control and the amount of risk you are taking properly managed in relation to your other life and financial affairs.

if you do not know how to manage either your psychology or the risks, this is what you have to learn and work on before you re-enter the markets. ever.


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should anyone suggest you can recover your position by doing XYZ; -- RUN.

they're obviously trying to take advantage of you for their own benefit. and there are lots of these sharks out there.


:-(

2007-08-18 04:24:01 · answer #2 · answered by Spock (rhp) 7 · 0 0

You do not sound like you know what you're doing. Not everyone can play the stock market with success. Leave it to the professionals and invest in a good mutual fund.

2007-08-18 04:35:52 · answer #3 · answered by The Red One 1 · 0 0

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