Many Reasons for the Same i would Like to point Few based on my experience
- In Our country Believe in MAGIC NOT IN LOGIC , so you can find anyone talking sense getting criticized and if the so called babas or sadhus selling magics and they are appreciated .
- The Results are instant you get a slap on your face immediately for doing wrong which is against human character and no one likes the same
- Unbrideled wants and wishes , Since the Hard work Required is very high as compared some other parts of the life . People come into stock market thinking its a timepaas thing and can become crorepati in few trades but go out otherwise
- Not Believing in the Laid down Rules by the master Traders - there are many rules like managing risk , risking only 1% of a portfolio in a day but people do the opposite and get vanished in seconds
- Too Much Belief in the Tipsters who don't Know any thing about market they just know 1 thing maximum lots . With 1 Lakh Captial They ( Client) are asked to Buy 20 Lots of any Stock with very High Lotsize and one wrong trade takes them out of the market .
- Too Much Leverage Provided Brokerages So that the client can buy maximum lots an the brokerage Houses will make more money EOD even if client is loosing they are making there profits.
- People Dont want spend time to Learn , they Just want one magic tip that will change there life forever
Last But Not Least when you don't get grapes its obvious they will taste SOUR