Someone sneezes in Europe or Japan or US and our market catches cold. Some oil giant announces increase in supply, suddenly, it goes up to 300 points and then the next day, it tanks 500 points. Stock prices soar 1 day and go to bottom the next day
Common man, who with his little money to invest (i will not say greed), and in a bid to earn additional sum invests something, not knowing that this is not a child's play and he is not warren buffet, puts in money in shares when the prices go up. Unfortunately for him/her, market sinks to historical low and he puts towel over his head
Still the common man does not lose hope, he purchases more shares when the market is down and next day market goes up and he thinks he can regain the loss of previous day and sells thereby compensating to some extent for the loss 2 days back. When he totals up, he will be at net loss. Finally, common man decides to come out of share market and it is always like this 'Queue in which i am standing moves slowly' concept. Once he quits share market, he sees the newspapers daily to see where the sensex is doing and it started growing and he is lured again
Some say, they are experts in share market. I remember in my college days, my friends uncle used to invest in shares heavily and he told us that he has earned a lot in market. That's when i think Harshad Mehta scandal took place and some days later, he told me that he has lost all his investments
It is the common man who is always the loser in the funny world of share market and sensex
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