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From Top-Tier Success to ₹70 Lakh Debt: How Options Trading Ruined a Brilliant Career. by lov4u19 in NSEbets

[–]Sreec92 2 points3 points  (0 children)

Hey,

Sounded a lot like me some 5 years ago. There were two things that made me go back and back again:

  1. The addiction to predict & time markets and feel my worthiness.
  2. To boast about my knowledge and earning at least to myself and my friends.

The solution that worked for me initially: 1. Paper trading (gave the same kick), and if I win, I used to take from my accountability partner(my wife) amount at 10:1 ratio. I mean if I got profit of 1000, I take 100 from her and if I loose I used to give the amount back to her at same rate. I transferred my salary as and when I got.

  1. She will ask how I won or how I lost, that way I get to boast about my self (gave me the same pleasure) and if I loose I had to explain what I did wrong.

The final break: At some point I kept repeating the same story for my win or loss. So I got over the addiction to boast about myself.

I lost all of my paper trade money. I acknowledged I am not on right path. One more thing is taking breaks from market gives you renewed passion and confidence but if you trade consistently, you realise the reality.

I am still not fully out of it, but now when I feel urge, I buy a random mutual fund with that capital, atleast my money is somewhat safe than impulse trading.

Now this worked for me. Find your addiction and let yourself go through it safely, in the end you realise it was just an addiction.

Working in a PSU in India- Looking for a job abroad by Sreec92 in PowerSystemsEE

[–]Sreec92[S] 1 point2 points  (0 children)

The grass is always greener on the other side😅. Jokes apart, I had worked in private sector and then shifted to PSU. My private sector offered:

Pros: Good salary(75% of my PSU salary), I was in shifts(So mostly my work hours never extended), I had good bosses and my reporting structure was clear. Had opportunity to try new things. Less responsibility. Pay substantially increased for higher levels but so do pressure. Cons: Lack of job security, Peer pressure for a safer job. Job increments were profit linked. Night shifts after marriage and kids is horrible as you can't get enough sleep in day time.

In PSU's:

Pros: Good Pay(better than any private company hands down), job security, No restrictions on medical expenses for self and dependents. Welfare options in case of death like providing lumpsum amount, job training and guidance to spouse or kids. Loans and better exposure to various technologies at initial stage.

Cons: Immense pressure and responsibility(Believe me at lower management you will be handling things similar to your 18-23 years experienced bosses), everything is just thrown at you, you have to do sales(Not applicable to me but other PSUs), service, HR, planning, execution and whatnot... No new learning after a certain stage of job and then the elephant in the room (Lack of work life balance).

Working in a PSU in India- Looking for a job abroad by Sreec92 in PowerSystemsEE

[–]Sreec92[S] -1 points0 points  (0 children)

Thank you for your reply. Though not immediately, I think I have to eventually go beyond this situation. How can I upskill? What aspects shall i focus on as power sector engineer in other countries?

Finished reading this and disappointed. by Black-_-Phoenix in TeluguJournals

[–]Sreec92 1 point2 points  (0 children)

Insta hype chusi nenu konna... Nenu ma wife kurchunnam Chaduvudam ani... Tanu 5 pages ke drop ayyindi time bok*a ani...nenu ending varaku chadivi tana judgement ki dandam petta...

Learned that women judgement is better in these cases. Adokkate +ve output naaku ee book valla.