NDPMS Wealth Management

My primary love is professional trading. That's what I do, that's what I breathe. Trading gives me passive income, my money is busy making money for me. It is my passion, however that is not my occupation. My job is somewhat of a missionary set out to educate people about the art of investing and trading. My job as a coach is to find talented people and make sure they learn and follow the fundamentals of the art. This is the goal I have set for myself. This is why I wake up every morning. This is why I sleep every night. However on this journey I encounter many people who come into trading having accumulated either a lot of money or a lot of dreams. I have seen a lot of doctors, lawyers, engineers, techies, accountants, architects and the like. All those professions require a lot of training to master the skills involved. You simply cannot go to a realtor without any proper training or qualification and say "I'd like to design this structure for you today." ...

This Monday morning came a major shock to many retail investors as markets tanked for more than 5%. India's benchmark index, Nifty made a gap down opening at 8057 recording a largest gap down since 2006. However according to many technical analysts the down fall was evident on last week charts yet no one would have imagined the intensity of global selling phenomenon which actually caused such a movement in the index. The movement not only took a heavy toll on shallow pockets of novice traders, but even the seasoned investors, who have been passively investing started to ring up their brokers. I received many calls yesterday and all had one common interest. "How much is my folio effected due to the meltdown? Is it still an appropriate time to stay invested? Can we sell some equity now and buy later (suddenly some investors would turn to trading.) Such calls were  full of doubts about the India Shining Story. However there were certain smart investors who calle...