My Dear Friends,
Tonight I write to you in my failure.
The markets have shed around 8% in the last week, amidst mind boggling volatility. I have lost around 70% of my net worth.
Even if the markets recover I am expecting HUGE losses this month end. My 66% P.A. growth story has thus finished.
The market rise everyday saw decreasing volumes. The Indian market followed the Asian and European markets. Analysts have given many reasons like profit booking in the commodity markets and increase in American Interest rates.
One lesson I have learnt - Be Very Patient.
I took big risks so now i will make big losses. But I shall stand up again on my feet.
1 comment:
There are ups and downs in everything. the good part is you're not giving up. You'll do much better now.
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