Its an advise to all of those investors and traders to not take trades who are not experienced in crypto or stock tradings. If they dont know about the market sentiments and about the market behavior. This is the true story of me about my trading in stock market few years back..

When I was in in Pakistan stock market with my other friends, we as a group of friends planned to create accounts with AKD trade and will trade together to learn and earn. We learned but never earned a small amount from the stock market and that is the reason today we are blaming stock market which we must not do that.

I always discussed in my posts that never blame any business market about if you dont earn or you do loss. Because its your fault that you did not earned from the market. The same happened to me where I booked huge loss and blamed stock market and till now I did not returned back to the stock market.

MY LOSS ON NETSOL SHARE

But the thing that I learned much about those experiences and get mature in trading and investing purpose. We as group of friends decided to invest in NETSOL which is the best share in Pakistan. The highest price of Netsol was around 350PKR but on that time this share was trading at RS 177 which is about half of that price.

We planned a meeting and came to the conclusion that NETSOL will be the best share to gain quick income because it lost its 50% worth. Despite of reading its bad news which is the lack of experience and not having proper investing plan. We invested huge amount in NETSOL at RS 177 and keep on waiting for days.

Lower lock is kept in stock market to reduce huge loss in one day. This is not like crypto market which has no limits of percentage gain as well as percentage loss. But in Stock market the system is that they have set a lower lock or upper lock percentage which is 7.5%.

There was very bad news about NETSOL company and we were not aware of that. After investing in that share we see continuous 6 lower locks which is around 45% loss in just 6 days. A continuous 6 lower locks take about half of our investment and we sell the shares at Rs 128 and some up and down.

The thing which makes us strange that we did not get a chance to sell our share after one or two lower locks. When we tried to sell but the bids were already placed which were their first orders and we did not get a chance to place our selling bid. This continued till 6 days and at last we exhausted and decided to sell the share.

As expected after selling the price of the share again started to recover which then hits two upper locks and after months the price came back to the price of Rs 170 which was our buying point. The lack of experience and wrong decision booked us huge profits and our trading confidence lowered down which forced us to leave the platform..

This is what its always advised to learn, get enough information and have proper research before joining the trading markets. This is the lesson to all those people who are new comers and looking to join crypto markets for trading. Its better to learn before you cry.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

NOTE: PICTURES ARE TAKEN FROM BINANCE/CANVA AND EDITED IN CANVA.

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Best Wishes.