Every thing is possible in stock markets…. u can recover the money lost…
if u can lose lakhs then it is possible to make it also …..!!!
You can recover the losses! But not within a year. It may take time but the losses are recoverable!
First understand what was the reason for your losses and which segment got you losses. You traded in equity cash, Futures and options. Understand the strategy you followed.
Do you still have enough money to trade and recover the losses?
In majority of the cases we have seen lack of knowledge and lack of discipline causes major losses. I have seen people loosing lakhs and lakhs in Intraday trading in banknifty options. One of the most volatile index in Indian stocks market.
One of the major mistakes done by traders is they will keep averaging banknifty positions instead of knowing the fact that the option is going to be 0 at the expiry!
I lost around 60k in Intraday in bank nifty back in 2017. The reason I bought banknifty Call option and suddenly it came down and I kept on averaging the option with the hope that it will rise and lost around 60k in single day!
There could be many reasons to loses. Apart from that…!
- Never average a loosing trade instead exit it and take a fresh trade.
- Never go for free leverage, Its of no use!
I hope you can recover your losses as soon as possible!
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