ZippyNarwhal
ZippyNarwhal

Brother Laid Off, moved to Equity Trading

My sister has been recently laid off. She is now spending a lot of time on Equity Trading, not F&O. She believes she can outperform the market and should spend time here.

My learning says Passive investment works well in the long run.

How should I convince her to spend her time more constructively - probably finding a new job, working on her business idea.

I guess she is trying to keep herself occupied.

18mo ago
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QuirkyNugget
QuirkyNugget

How did brother become sister

QuirkyNugget
QuirkyNugget

I'm genuinely curious

SillySushi
SillySushi

Its a woke world my friend

JumpyPotato
JumpyPotato

"Sirf baaton se kaun seekha hai, sabko haadsaa zaroori hai" - Jaun Elia

The day she gets some big loss, you speak to her that day. Just right now make sure she doesn't risk too much.

ZippyNarwhal
ZippyNarwhal

Yes agreed. Limiting the loss is key

TwirlyLlama
TwirlyLlama

But then revenge trading may pop in - let me recover what I have lost then I will quit

MagicalQuokka
MagicalQuokka

F&O is better than equity trading?

ZippyNarwhal
ZippyNarwhal

I meant Equity is less riskier than F&O

FluffyCupcake
FluffyCupcake
Amazon18mo

Show some data to her, 99% traders make less than FD returns ;)

ZippyNarwhal
ZippyNarwhal

Yeh data ka koi link hai?

FluffyCupcake
FluffyCupcake
Amazon18mo

Nitin kamath(zerodha) posted this all across his social media handles. Google it

SwirlyTaco
SwirlyTaco

Better than retail therapy to cope.

CosmicLlama
CosmicLlama

Its a business. Just like a grocery store, or catering or hotel business, its a business of fiat currency. So, if she considers it and approaches it like a business, she will make her mark. If she is going to treat it like a casino, she will incur loss and get back into the normal Hussle/routine. There is no need to convince her of anything. Sometimes one needs to fall and get hurt to realize things.

FluffyNugget
FluffyNugget
Swiggy18mo

Just call it stock market trading, why sugarcoat it

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