Today we will learn about Stock Auctions done if trader did shorting of stocks without holding them.

Before reading this article I request you to read why an auction is done which is written in this article: Shorting Stocks Can Be Dangerous If You Do Not Have In Your Demat Trading Account.

In short auction of stocks is done if a trader shorted or sold stocks and left it overnight without closing the trade Intraday, and he/she does not have the stocks to sell in his/her demat trading account.

In that case the market makers are obliged to deliver the shares to the trader who paid money to buy the shares. To get the shares from market Auction is done.

What Is An Auction Market

An auction market is a place where members of stock exchange can participate.

Membership of the Exchange/ NSCCL is open to corporate entities, limited liability partnerships, partnership firms and individuals who fulfil the eligibility criteria laid down by SEBI and NSE.
Source NSE Website: https://www.nseindia.com/membership/content/cat_of_mem.htm

Here is the eligibility criteria to get Membership of the Exchange:
https://www.nseindia.com/membership/content/eligibility_ctra.htm

Auction market is a special market place conducted between 2 and 2.45 pm on all trading days if required. Why I am saying if required is that a lot of brokers now-a-days do not allow these kind of short positions overnight. These kinds of trades are either rejected straight away or allowed only in the MARGIN INTRADAY SQUARE-OFF (MIS) mode, that makes sure the trade is closed automatically by system between 3.15 to 3.20 pm even if the trader does not closes or forgets to close the trade.

Therefore there may be days when the auction is not required as no trader was able to sell stocks and hold overnight without holding them.

But there can be instances when a trader does MIS trade and short sells a stock that goes up and hits short circuit. When short circuit is hit, trading gets halted for the rest of the day for that stock.

If trading gets halted there is no way the trader can buy back and close the trade the same day. Even system cannot do that as trading is halted and when the system triggers to buy back the stocks the same day, they will be rejected by the exchanges.

Note that system does not know trading is halted or not, it will do its job but the exchange will reject the trade.

These kinds of shares go for auction if trade was complete.

The Process of Auction Market

As we have discussed members of stock exchange meet at a place between 2 and 2.45 pm do sell shares of stocks that were not closed the day before by the seller who did not have shares in his account to deliver to be sold on T+2 day (Trading Day + 2 Days).

T+2 because in India whenever a buy or sell of shares is done it is done on the second day after the trading day.

For example suppose Trader A bought shares of XYZ company on 17-April-2017 (Monday) and paid in full.

17-April-2017 (Monday), becomes the First Trading Day or T Day.

18-April-2017 (Tuesday), becomes the Second Trading Day or T+1 Day. Shares will still not come in his demat trading account.

19-April-2017 (Wednesday), becomes the Third Trading Day or T+2 Day. Shares will come in his demat trading account this day.

This in short in India is called T+2 Day or T2 Day.

Same is the case with selling shares.

Now coming to the process of Auctions.

At 2 pm the next day when shares were sold but cannot be delivered will be Auctioned. No other shares will be auctioned, as for them it is not required.

Exchange will tell the name of the shares, total number of shares required to be delivered that were short in the trading account but not present and fix a price band.

This price band is very important. Suppose share of company XYZ that needs to be auctioned closed on the previous day at Rs. 100. Exchange will fix the price band of auction at 20% up and 20% down.

So a seller who has the shares can offer to sell the shares at 20% up at Rs. 120.
Or they can sell the share at 20% down at Rs. 80.

It is obvious the sellers will demand the upper price band only. Why would they lose an opportunity to make money?

Exchange has no other option but to buy these shares from the seller at 120 and deliver the next day to the person who bought the shares from the trader who sold but cannot deliver.

It does not end here. Who did the mistake here? The buyer or the seller? It is obvious the seller had no right to sell the shares without having the shares. It was fine if he closed the same day, but had no right to carry forward a promise of delivery of shares without owing the shares.

This is the reason why stock exchanges will levy a penalty of 0.05% on the value of stock per day. This is known as “Auction Penalty”.

Calculating The Auction Penalty

Trader A shorts 100 shares of company XYZ at 95. The shares closes at 100. Trader A does not buy back the shares and unfortunately does not have shares in his demat to deliver the shares on T+2 Day.

Share Auction for XYZ company for only 100 shares is held.

Exchange buys the shares at Rs. 120 – the upper price band limit.

Trader A had sold the shares at 95. So he gets Rs. 95*100 = Rs. 9,500/- credit in his demat account.

But he did not deliver the shares, so has to pay a Auction Penalty.

Exchange bought the shares at Rs. 120. Cost to buy the shares:
120*100 = Rs. 12,000/-

Difference between sell and buy:
9,500-12,000 = -2500
Plus .05% Auction Penalty.

So Trader A who sold the shares but did not buy back and did not deliver will get Rs. 9500/- but will have to pay Rs. 12,000 + 05% Auction Penalty.

Therefore net loss Rs. 2500 + Auction Penalty of .05%.

This is the reason please be careful when you sell/short stocks if you do not have them in your demat account.

One way is to learn hedging to reduce the loss.

See this trader did the strategy in 2 trading accounts and both resulted in profits:

Or if you are not a derivative option or future trader, then invest in the right stocks for the long term.

Read to know why shorting stocks can be very dangerous if you do not own the stocks in your Demat Trading Account.

I have done it myself. I mean shorting stocks without having them in my Demat account, leaving them overnight and have faced problems.

Well things have changed for the better but not sure how many brokers do not allow that to happen.

In short here is the dangerous trade:

1. A trader shorts shares of XYZ company thinking that it will go down. He does not own them in his trading demat account – just shorts them as a trade.

2. This trade is not done as MARGIN INTRADAY SQUARE-OFF (MIS), but as a normal trade which can be left unclosed overnight.

NOTE: This is a very important information. When I did this mistake in 2007-08, a lot of brokers allowed shares to be sold without in their clients demat account and NOT on a MARGIN INTRADAY SQUARE-OFF (MIS), but CASH N CARRY (CNC) or NRML a delivery based product or a product that a trader can carry forward overnight.

Today in the year 2017, things have changed. A lot of brokers do not allow shorting of stocks if not there in their clients demat account, in CNC or NRML mode, but this is allowed only in the MARGIN INTRADAY SQUARE-OFF (MIS) mode. This means even if the trader forgets to close the position, the MIS system will close the position by 3.15 to 3.20 pm to make sure this position is not carried forward the next day.

This is a good move to save traders from high risk trades.

MARGIN INTRADAY SQUARE-OFF (MIS) is NOT a delivery based trading. It is normal cash to cash trading in a single session, so no stocks are involved. For example Mr. A sells stock of XYZ company at 50 spot price at 10 am, and buys it back at 48.60 at 2 pm – there is no delivery required to be given by Mr. A for the stock as the trade was finished the same day. In fact if Mr. A sells that stock even if he has the stocks in his demat account and buys it back the same day, the stocks will not go out from his account as delivery is not required.

3. The trader does not buy it back as the stock went up and the broker too does not close the stock then there is a problem.

What Is The Problem?

The problem is that Mr. A had shorted the stock without owing them and it has to be delivered to the trader who bought it from Mr. A. But the problem is Mr. A does not have the stocks in his demat account.

Here is the problem. From where the market exchange will bring the shares to be delivered to the trader who bought them?

Answer is Auction the next day.

Read to know why taking tips and doing speculative trading can lead to huge losses in trading. It is better to stop taking advisory service and research.

I have written a lot of times why you should stop doing speculative trading and also never take tips to do trading.

When I say this I do this myself and have clearly written in all pages in my site that I do not give tips and will never ever give tips.

In fact people are willing to pay me for tips every month, but I refuse. If I am against something I will never follow it myself just to make money.

Sorry but this site was opened with teaching in mind and I take a very small fees to make you a better trader and give you well researched strategies that work over a long period. I have to take a fees as it has taken a lot of money and time to research the strategies, and to give you my time. I hope you understand the site takes 5-8 hours a day, and like you my time is not free.

A lot of people ask me this question – when you are trading yourself why you are not giving these strategies for free. The above is my answer. It takes a lot of my time and like you my time is not free. The same question goes to people who think why there is a charge? Why don’t you do your job for free? After all it only takes your time.

I agree if the site never took anytime then I would make my course free. But if you give something for free people would not give any value to it. Imagine getting a car for free as a gift and on the first ride it gets a big scratch. How would you feel? Well not so bad as it was a free car anyway. But now imagine you bought a new car for a few lakhs and it gets a big scratch. How would you feel? Very bad. You will straight away take it to the nearest service centre and get it repaired.

This is the difference between free and paid.

That’s the reason I have to keep a fess.

Coming to how taking advisory/tips service can damage your financials:

Here is another victim of tip/advisory service:

This is his email:

Manas Rs.2,73,767.00 Trading Loss Email

Dear Dilip Sir,

I have already discussed with you about my trading. But today I analyzed it in detail and found I have lost Rs.264767+10000 advisory company. Total amount of Rs.2,73,767.

I have shared my bitter experience with some of my well wishers and they advised me not to do any trade in future. They told if I do not listen them I will be drowned deeper and deeper.

Still I have a great hope on you. Because who is in a drowning situation, a straw is also helpful to him.
I am very systematic. I have recorded all my transaction since the inception of my trading. Due to which I could analyze the losses on details. I swear the attachment is pure.

Why I wrote you, because I have stopped trading since 31.03.2017.

What should I do, still I am in a confusing state of mind?

Even though I am highly impressed with your emails, still I am afraid of.

The loss amount is very high for me and now I do not want any profit from trading, but only can expect to recover my lost money.
I know very clearly that you do not give tips, still I expect from you one thing. That is doing your course is not a matter of fact to me. But after that with my existing capital (holding shares) can I trade. can I expect I can recover the loss (though not quickly but slowly).I also ask you one thing frankly, after getting your course can I recover instead of loss?

My questions may be irritating for you, by sir it is very practical to me (as I have lost more after getting tips).
Sir, honestly I need your help in this regard.

If needed I can provide my bank statement, which I have paid to the broker.

Sir, please guide.
Yours faithfully,
Name Withheld for Privacy

Here was my reply:

Hi Name Withheld for Privacy,

What you did was either tips or speculations – both wrong that’s why you lost.

Reason your loss, do not get dismayed by it.

My course is doing good because it has solid reasoning of hedging behind it.

You lost because you were doing naked trading – This is where the problem is.

Hedging is winner takes less, but losers give very small.

Take your call now.

Best Regards,
Dilip Shaw

Conclusion:

• Stop taking tips or advisory service. You may suffer huge losses.
• You cannot become rich by taking tips.
• Research well yourself to become a better trader.

Please read strategies and preparation for stock market crash to understand this post better.

One of The Best Ways to be Well Prepared For Stock Market Crash Is To Diversify

I offer a course in which all instruments of investments opportunities in India are written. It covers all like stocks, mutual funds, even government securities investments and allocations of where to invest what. You can read about the invest well course here.

This will help you a lot to decide how not to keep all eggs in one basket and the best places to invest your hard earned money. With the help of the course you will be able to chose the best stocks, mutual funds and other opportunities to invest. If your money is well diversified, one stock market crash will not make you poor.

Another Way To Be Prepare For Stock Market Crash Is To Invest Geographically

Geographically also you can invest in many countries, but it is way too complicated to decide in which country to invest and where to invest etc. There are mutual funds in India that invest in many countries, but I have found that Indian mutual funds investing in India over a long period of time perform better than foreign country investing mutual funds, so its better you stick to mutual funds investing in Indian companies. How to chose the best mutual funds is written in the invest well to retire with crores course.

Keeping some cash handy is also a good idea

As soon as markets crash, just get in when everyone is selling. There will be huge liquidity for buyers.

During a crash, whatever the buyers bid for, the sellers accept and reduce their ask price.

When the markets are going up, “ask” is stronger than the “bid” prices.
When the markets are going down, “bid” is stronger than the “ask” prices.

Stock Market Crash Is A Great Opportunity To Save Taxes

Exit from not so good stocks from you portfolio and take a short term loss that can be carried forward for 8 years and enter a better looking stock. You then save your taxes and also get a better return over the long term.

Carry Forward of Short Term and Long Term Losses

You may not be able to take benefit of your entire short term or long term loss in the same year. In that case you may show your short and long term loss in capital loss section and carry it forward for next 8 assessment years immediately following the assessment year in which the loss was first computed.

During a Bad Stock Market Crash Patience is Important

Total crash time of the 2008-09 crash was almost 17 months. But see after than the recovery was less than 12 months. Within 12 months stock markets were back to what they were in January 2008.

Read the example of HDFC Bank return given in hedge is the best way to avoid huge losses in a stock market crash.

You will know why buying during a crash is very important. But it is very important to chose a good stock to buy. You do this course to know how to chose a good stock to buy.

Learn what to do before and after stock market crash and how to take benefit of market crashes.

Stock Market Crash is of Two Types:

1. Sudden Bad News Overnight Market Crash
2. Good or Bad News and Long Time Market Crash or Up Move

I hope the way I have named it, the meaning is quite clear and obvious. The first one is any Terror Attack e.g. 9/11 attacks, Natural Calamity e.g. Tsunami or Major Earth Quake, Financial Corruption in a Big Company, e.g. Lehman Brothers Company Bankruptcy crashed stock markets all over the world for more than one year, and brought one of the biggest financial crisis & recession period in the whole world for 1 and half years.

Here is the link for more details on Lehman Brothers Company Bankruptcy: https://en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers

On September 15, 2008, Lehman Brothers filed for bankruptcy. With $639 billion in assets and $619 billion in debt, Lehman’s bankruptcy filing was the largest in history, as its assets far surpassed those of previous bankrupt giants such as WorldCom and Enron. Lehman was the fourth-largest U.S. investment bank at the time of its collapse, with 25,000 employees worldwide.

Lehman’s demise also made it the largest victim of the U.S. subprime mortgage-induced financial crisis that swept through global financial markets in 2008. Lehman’s collapse was a seminal event that greatly intensified the 2008 crisis and contributed to the erosion of close to $10 trillion in market capitalization from global equity markets in October 2008, the biggest monthly decline on record at the time.

Source: http://www.investopedia.com/articles/economics/09/lehman-brothers-collapse.asp

Another example is from India which I think many generations will remember – The Satyam Crash. Read this: Satyam’s fall: From Rs 542 per share to Rs 58

Read Full story of the Satyam Crash: http://www.financialexpress.com/india-news/satyam-computer-the-rise-and-fall-of-ramalinga-raju/62281/

The Lehman Brothers & Satyam Crash falls in the first and the second category both. Overnight the markets will crash and keep the crash continuing for a long time.

But natural calamity and terror attacks fall under the first category. Stock markets will open big gap down and then from next day onward start to recover.

News like some party election win like recently in UP, and good performance by major companies may push up or down 200-300 points the stock markets and they markets will stabilize. These fall under the first category.

The first category id not a big issue and can be managed with well planned hedged strategies, but the second one is where lot of planning is required.

Continue reading on stock market crash more on how to be well prepared for stock market crash.

Learn why hedging trades is the best way to avoid huge losses from stock market crash as it protects your losses to a large extend and helps you save money.

Date: 06-April-2017

Market Crash is nothing new or unknown. Once in every three years on an average market crashes and then recovers.

Huge crashes are once in a decade. Remember the crash of 2008-09? For one year stock markets all over the world crashed from January, till March 2009. This was almost a 50% crash, and then it took one year to recover.

As far as I remember, it was one of the worst crash in the history of stock markets. Smaller crashes also do come but not every year. Still here is where many traders and investors lose a lot of money which they earned in last 4-5 years of trading.

So how do you prepare yourself from avoiding crash losses?

It is 9 years now since the biggest crash took place, it is important you must be prepared. I am not saying markets are going to crash now, but I know even if they do I am well prepared.

Point is markets crashes or not, what is wrong in being prepared for a crash?

When markets crashed in 2008-09 I had no knowledge of hedging, Today I have.

Hedging is a kind of insurance which protects your capital to a large extend

For some traders who keep shorting stocks – a crash is heavenly sent. These kinds of traders are rare, but they do exist.

Any new trader who enters the market knows only one thing – first buy then sell. They forget that when they buy something, someone out there is selling them the same. It is a different matter that we never know with who sold us the trade or when we sold, who bought it. In fact we will never know as its everyone’s markets and the job of the exchange is to oversee that, our job is to trade.

Unfortunately even traders who short, if they do not hedge their position when markets keep going up they lose money. That is the reason whether you are a buyer or seller you must learn to hedge your positions.

Benefits of Stock Market Crash:

1. Stock Market Crash is the Best Time To Buy Stocks.

Meltdown of 2008. What if someone bought a few shares of HDFC Bank – a well known non-speculative stock on 13-Mar-2009:

HDFC BANK Ltd. 13-MAR-2009

He would have bought it for Rs.166.85 per share. Let say he invested Rs.100,110.00:

Rs.1,00,110/166.85 = Bought 600 shares of HDFC Bank Ltd.

Let see whats today’s price:

HDFC BANK Ltd. 6-APR-2017

It is Rs.1430.00 per share. Let us see his profits:

1430*600 = Rs. 8,58,000.00

Rs. 1 Lakh, 110 coverts to Rs. 8,58,000.00 in 8 years.

800% returns in 8 years.

A Fixed deposit almost doubles the money in same time – 8 years.

Here money multiplied by 8 times in eight years.

Disclosure: Stock markets investments are subject to market risk, please invest after researching well. There is no future guarantee that the above mentioned stock will perform the same in future.

That’s the benefit of a stock market crash, but how may investors actually took that trade? I mean bought HDFC Bank at 166.85 and sold at 1430? None.

Here is where the benefit of stock market crash is never ever seen by anyone. In fact going by the data, not many people bought stocks during that time, else why would markets keep falling for more than one year. The data tells the real story.

Stock Market Crash Is An Opportunity To Buy

Photo-credit: Moneycontrol

A few days back I got this email.

Subject: SALE OF SHARES BY THE STOCK BROKER THAT ARE KEPT UNDER “SHARES AS MARGIN”

Email:

Dear Sir,

Kindly advice and educate me as to the SHARES DEPOSITED UNDER ‘SHARES AS MARGIN’ – CAN BE SOLD by the stock broker for the reason “To meet Pay-in Shortfall” – and reduce the Margin
Limit before the date of settlement/expiry.

Example:

I have a Margin Limit of Rs.10,000/- by deposit of 100 shares of Rs.10/- each.

I bought 50 Call Option of AB company for a premium of 100/- each totalling Rs.5000/- today.

I continue to hold position till expiry which is 20 days away.

On the 2nd day, whether the broker can SELL my 50 shares and adjust the same to my trade amount of 5000/- for the reason – “To meet pay-in short fall”, and reduce my margin limit to 5000/-?

Whether broker is right in doing so?

Please advise me sir.

Regards
VSKumar

This is one thing that is not clear in a lot of traders mind.

Lets us go back to the simple question.

What is Collateral Margin?

Collateral is either shares or property or mutual funds, anything that has monitory value. For example when you take a home or mortgage loan, your home becomes a collateral for the loan.

If you default paying loan EMI for any reason the lender has the right to sell your property and recover his money.

I hope you now understand the meaning of Collateral.

The same law is applied in almost all brokerage firms.

This is known as Collateral Margin.

For example you have bought a few shares totaling Rs. 1 lakh and you do not have any more money in your trading account. For some reason you want to do equity intraday, options and futures trading, but how can you do if you do not have money in your account?

You can ask for “Collateral Margin” from your broker.

Basically you are keeping your shares as a “Collateral” with him to take a loan from him and do derivative trading.

Please note: Collateral Margin percentage differs from stock to stock and broker to broker. Since there are thousands of brokers in India it is impossible to list Collateral Margin given by each broker. Please consult your broker for exact Collateral Margin you will get from the stocks you hold in your demat share trading account.

MAJOR AND IMPORTANT READ THIS CAREFULLY:

1. You cannot buy shares to hold for the long term using Collateral Margin. You can do only equity intraday day trading on any stock allowed for day trading.

2. You can do intraday or positional trading using Collateral Margin in Options and Futures on any stock or Index.

3. If you are losing money in MTM (Mark To Market) at the end of the day, your broker has the right to sell a portion of any stock in your demat account/portfolio to clear the risk of the losses he may face. Note that only that much is sold where the risk becomes zero for the broker.

If MTM losses increases the next day he/she may sell more of your stocks to reduce the risk. They have a limitation of the risk. If the losses exceeds a certain percentage of Collateral Margin given to you, they may sell stock and close your option or future trading to stop the losses from increasing.

In some cases the brokers inform their clients, in some cases, actually most cases, all this is done automatically. The system or trading software takes care of selling the stocks and reduce the risk of losses and send email to the client.

According to the Terms of Collateral Margin, brokers have the right to sell the stocks without informing their clients to reduce the risk as they cannot risk money on their clients behalf.

Date: 30-Mar-2017

Today is expiry day of Mar 2017 options. If anyone is trading March 2017 options or futures please close all positions before 3.15 pm today, do not let it expire In The Money – close it.

If your options expire in the money you will pay a heavy fees.

Read the article here:
Close Futures And Options Before Expiry Day to Save Securities Transaction Tax STT

Look what even novice traders tell about my course:

Course 1 – For those who trade options and futures:
https://www.theoptioncourse.com/learn-how-to-trade-options-for-monthly-income/

Your Results May Vary

Course 2 – For those who are or want to be long term investors:
https://www.theoptioncourse.com/how-to-invest-well-and-retire-rich/

There are a lot of reasons I do not give tips and you should also not take tips in stock trading. When you pay for tips you have no idea who is generating these calls so why pay? I still fee traders just want tips because there is no hard work involved.

Which person on this Earth has ever made a lot of money taking tips in stock markets or any other business? No one.

Then why do you think you will prove everyone wrong by taking tips, make a lot of money and create history?

I am surprised by the number of queries I get on giving tips, even after writing many times in my site that please avoid taking tips.

Actually in my case it is exactly opposite.

Tips providers send unsolicited SMS and emails to get tips. And sometimes they call also. Almost every day, they send me SMS and call me, even though my number is FUL DND (Do Not Disturb). I do not know from where they get stock traders numbers. It is obvious once they call, I do not talk to them but do not cut the phone connection. After a few minutes of talking they keep saying Hello, Hello, and when they see that I am not responding they keep the phone down.

On top of that, I have quite a lot of time received emails to buy database of 10,000+ traders for mere 250 rupees which I politely deny.

That’s why I say my case is different. In other cases companies call traders, in my case traders call me. Feels good but sorry I do not give tips.

Let me make things clear. From day 1 this website started, I have given a promise to myself that I WILL NEVER DO ANY ILLEGAL activity to make money from the site. I have a clear disclaimer saying that I do not provide tips.

If you compare my site to others you will not find a single genuine testimonial in their site. Anyone can type something, write a name and a city and show it as testimonial. If you see my testimonials page you will see that these are either emails from my clients or it’s a WhatsApp message. I hide their numbers and email to keep their privacy intact, else my customers will fear sending me an email or chatting me on WhatsApp.

There are a lot of people who told me if I can give them a few numbers of my clients living in their city they will pay me. I say sorry not possible. If you do not trust me even after reading my blog then please do not pay. Those who took the course are happy today.

I have been approached by many firms to buy my database of free and paid subscribers for a fee. As soon as I read that email I mark it as SPAM and delete.

Even if someone pays me one lakh rupees to get that database I would do the same, just mark the email as SPAM and delete.

Through this website I have tried hard to stop people from taking tips as even I lost close to 7 lakhs or more taking tips, but unfortunately I do not think many listen to me.

Here is one person who wanted tips. Got this message today:

I DO NOT GIVE TIPS

Here is an email from a person who lost more than a lakh taking tips from a reputed company. Name of the company withheld for obvious reasons.

Here is my reply:

Here is the email of Mr. Manas:

Sir,

I am going to disclose you regarding my bitter experience in trading. It may be a case study for you. I have been trading since 2015. At first I was doing trading with my own effort and booked only loss. Then I took help of one advisory company i.e (Name Withheld) with paying Rs.10,000/ for three months. After this my loss increased instead of profit. Till now I have lost almost 1,50,000/-(more than one lakh and fifty thousand). Still I am trading with option for an expectation of recovery of my lost money.

I have already gone through your Five days free course. Still I need your sincere guidance in this regard.

Sir, you can feel my position after going through the above said bitter experience. So can I expect your course will be helpful for me to lift from the drowning situation. I also expect one day this writing of me would be posted in your site after becoming a successful trader.

With high expectation of your sincere and timely guidance.

Yours faithfully
Manas

Here is my reply to him:

Hi Manas,

You are luckier than me. I lost 7 lakhs trading with my own knowledge-less, speculative trading, and tips providers then turned to research.

What you will get is well researched strategies. It has been working well since 2015, so please do not worry.

I do not give tips at all as I am against it.

I think you must have seen the testimonials in my site, not a single one is fake.

So do not worry and do my course. I hope you are making money in your job due to education not tips so please think the same in stock markets.

Best Regards,
Dilip Shaw
Learn Conservative Strategies at Your Home and Trade Peacefully:
http://www.theoptioncourse.com/learn-how-to-trade-options-for-monthly-income/
Please Like my website’s FaceBook Page:
https://www.facebook.com/theoptioncourse
Follow me on Twitter:
https://twitter.com/theoptioncourse
Thank You

Conclusion

When you take tips you lose money, you do not learn anything, you waste time, and you get frustrated.

In view of the above avoid taking tips.