Trending photo on internet of stock market
For some days people are sharing the above picture very much. Some people are sharing this picture with a patriotic comment like Humara Desh Badal Raha hai our country is changing. Similarly, some people are giving other comments like Market Watching While Driving Can Be Very Dangerous. If you see, both of these things are true. But whatever the content is in this photo, people are not stopping by sharing it. Let’s point out what are the major points we fingered out in this image.
Doing both things together :-
There is a proverb in Odia Di na re godo rakhiba set foot in two boats. In the same way, doing two things at the same time may be harmful to you and your profession. Trading was never considered full-time professional by the people of India. Yes, if anyone is working full time, then he may be working in a trading firm or in a research firm. There are a few people who are making trading a full-time profession. But if you consider closely, there are many people who are doing trading while doing their profession.
I have spent some years in stock market broking houses. Where we used to teach people that this can be a side income for them. Which is absolutely wrong. The mistake of considering trading as a side income or side job may be the reason for complete capital loss. But teachers, back-office job holders, and some such people used to join us and open accounts and do trading and investments. I have seen some banks and broking houses that are not allowing their employees to trade in the stock market. Money in stock trading fluctuates, so the trader is not able to focus on their primary job. This is the reason behind not allowing employees of banks and stockbrokers to trade in the live market. Here my question is, Should we stop other sector employees from trading?
Our country is changing…!
In this photo, an auto-rickshaw driver is watching the stock price watchlist. So it is good or bad, I think it shows both the aspects. Earlier stock trading was only and only in the dominion of rich people in India. Right now everyone is able to trade in the stock market with the smallest amount. And so many low-cost platforms offer low-fee trading facilities. This is the reason why more and more people are preferring to participate in the stock market. This is the good side of the stock market in our country.
And talking about the other side means the bad side of it. I have seen people avoiding stock trading as gambling. Understanding the stock market and participate in it requires a lot of open minds. Who can see apart from profit and loss? like future prediction, money management, monetary policy analysis, and economic analysis, etc. it is not possible without proper financial education or without the guidance of a properly experienced mentor. So the auto-rickshaw person you are looking at in the photo may also be a graduate or a postgraduate. So it can also be a matter that the reality of the country is that so many intelligent people are being forced to work by auto rickshaw.
I don’t think it’s matter to run Auto rickshaw by graduate people. It’s quite normal.