| Address: | Indore, Madhya Pradesh | | Website: | equicom.com |
I got a call from equicom people to go for a free trial. On the free trial i made some profit of about rs. 20, 000. Then they asked me to subscribe their service for a month. Once i subscribed their service, one guy called rahul asked me to invest in options instead of futures. So on his advice i invested in options. I made profits in 3 sessions, a total of about 6 lakhs, i paid a fee of 3.5 lakh then i lost 4.5 lakhs in just1 session.. (His total fee was rs. 12.5 lakhs, to be paid in instalments, for a total profit of 44 lakhs!. This profit was never achieved.) then lost another 4 lakhs in another option. So i lost a total 8 lakhs.
And i[censored] add the fee, the my total loss was 11.5 lakhs.
Then i was left with nothing.
So never trust these advisors.
My advise for stock market investors who are new in shares trading is : pl. Invest only one third of your total amount at time. And keep the rest for averaging.
(For example: i[censored] have total 3 lakhs: invest only 1 lakh first. I[censored] achieve the target, book your profit. If you start losing, then average by another 1 lakh. And wait. I[censored] are still losing. Then average by another 1 lakh.). So atleast u will get your money back. Was this information helpful? | 
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