Why people has interested to loose their money in stock market

Image of stock  - Three people share their views.
@rajupaul (975)
India
October 5, 2009 9:17am CST
Dear loter Last 10 to 11 years i have found people who have invested their money in stock market they earn a huge money. but people who play short term or swing trade use to loose their money. Can you share your views why people want to loose their money. Still now I could find the reason. Loters are welcome to share their views. RaJU Paul
3 people like this
6 responses
• India
5 Oct 09
Most people who lose money in the stock market are the ones who think that stock market is like a gambling den where one can make a fast buck. In reality these are the blacksheeps who blame the market for their own stupidity. along with all the misinformed people also blame stock market for losses. I have lost money in stock market, not because i wanted to lose. I lost because I failed to follow certain principles. at certain time people are carried away by success they forget the basics. its always good to take a small loss to avoid a big loss. one should consider these losses as tution fee. if one learned any good lesson from it, then its worth it.
@rajupaul (975)
• India
5 Oct 09
Yes friend you are right. I too agree with you.People lose their money due to thier greedyness.
• Canada
5 Oct 09
I don't think anyone wants to loose their money. With all investments, there is always a risk. And usually, the bigger the risk, the more they'll loose if things don't work out. With some luck and enough research / time, though, you should be able to make some money in the stock market, if you play your cards right. I wouldn't invest everything I owned, though. At that point, I might as well be taking it to the casino.
@rajupaul (975)
• India
5 Oct 09
Dear friend I used to sit infornt of terminal frequently. I have seen this habit. Those whose invest their money in market they earn the money. But trader used to loose their money.
• India
27 Oct 09
Hello my friend rajupaul Ji, My hubby ha sa hobby as his investment in stock market. It is since more than our married life of 40 yrs. He is of teh view taht "MEDIUM STANDARD FAMILIES SHOULD NEVER LOITER NEAR STOCK EXCHANGES". He never put his earned money. You may be surprised, he may not go to picture and save that money and invest ashis entertainment. he never touched any money meant for house-holds activities. When any one invests in stock market, one always think to become billionarie overnight without having sufficien stock to stand the loss. May God bless You and have a great time.
@dragon54u (31298)
• United States
6 Oct 09
A lot of people are day traders (short term) because they think they will make a lot of money with very little effort. This type of person is always losing money in one scheme or another because they want the most money for the least effort. There are some successful day traders but they are usually the type who are careful, calculating and spend a lot of time researching and planning.
• Philippines
5 Oct 09
hello again rajupaul, This is one interesting topic. have i told you that i have also plans to invest in the stock exchange, i thought it was a good idea before but some how i got a bad feeling it ain't gonna work. but after hearing some people's advice and some advices here, i decided not to pursue..it's like a big gamble with no assurances.
@prinzcy (5082)
• Malaysia
5 Oct 09
Investing in stock market is a risk. It's either you will earn big money or lose big money. But either way, it's business. I don't think all investors lose their money there. Some even make a huge profit out of it. I am not business savvy so I can't say much. If I am one, I'll already investing some of my money there.