In India, OTOH, the stock markets are celebrating the strong growth prediction by a seemingly strong govt, post elections. They are attracting lot of foreign investments too, possibly to take away the profits once a certain stage in markets is reached, causing the Indian stock market to crash. Despite knowing this for a fact, some small players like me are trading in extremely risky and volatile conditions. That, my friends, is what I'd like to call as Traddiction and is defined as follows:
Noun
- (n) traddiction: being abnormally tolerant to and dependent on stocks/ stock markets that is psychologically or physically habit-forming (especially even when losing money).
- (n) traddiction: an abnormally strong craving to trade in stocks regardless of profit or loss.
- (adj) traddictive: causing or characterized by traddiction "traddictive stocks"; "traddictive behavior"; "traddictive markets"
- (n) traddict: someone who is so ardently devoted to stock trading that it resembles a traddiction) "an F&O traddict"; "a day-traddict"; "a short traddict"
- (n) traddict: someone who is psychologically dependent on stock markets; abrupt deprivation of the shares trading access produces withdrawal symptoms
- (v) traddict: to cause (someone or oneself) to become dependent on share/ stock trading, especially a risky one.
2 comments:
You could learn a lesson from our nice American counterparts to dispose off your car :-)
I've developed Acute traddiction over the weekend - planning to pick up some Satyam shares in the Cash segment today!!!
That won't work here; our insurance cos. are bigger crooks. They'll take my premium, give me 50% coverage and if I try those tricks, I'll be left without car or money and behind bars after being thrashed by their "gundas". I'm safer giving away the car free instead. :)
Satyam is a nice pick. When it was low, I didn't have internet access. When I'd internet access, I didn't have enough money. When I had internet access and enough money, traddiction took over to lose all profits by buying lots at very high levels. In short, good luck. :)
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