{"id":20114,"date":"2023-02-02T18:50:09","date_gmt":"2023-02-02T13:20:09","guid":{"rendered":"https:\/\/boomingbulls.com\/?p=20114"},"modified":"2023-02-02T18:50:09","modified_gmt":"2023-02-02T13:20:09","slug":"12-steps-to-avoid-fraud-in-the-stock-market","status":"publish","type":"post","link":"https:\/\/boomingbulls.com\/blogs\/12-steps-to-avoid-fraud-in-the-stock-market\/","title":{"rendered":"12 Steps to Avoid Fraud in the Stock Market"},"content":{"rendered":"
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Any system which has been put in place by humans is bound to have some flaws. The stock market<\/a>, an area which is fuelled by trader\u2019s ambition to make more and more profits<\/a>, is one such system. Thus, fraud in the stock market, whether small or large in scale, is something every trader must be prepared to deal with.<\/p>\n However, taking action after the fact is inadvisable when it comes to trading. Fraud in the stock market can lead to huge financial ramifications for the victim, which could negatively impact everything in their life. Therefore, we bring to you 12 steps which you can take as a trader to avoid falling victim to fraud in the stock market.<\/p>\n After all, prevention is better than cure.<\/em><\/p>\n While the aforementioned steps are effective in preventing fraud in the stock market, they are not entirely foolproof. Then, what can one do in case fraud has already occurred?<\/p>\n Should any trader<\/a> find themselves a victim of fraud in the stock market, they can directly approach and file a complaint with the Securities and Exchange Board of India<\/a> (SEBI), or any of the stock exchanges which fall under its purview. For this purpose, SEBI has established a dedicated complaint cell called the SEBI Complaint Redress System (SCORES).<\/p>\n We hope that through this article our readers will be more informed and thoroughly prepared to tackle corruption in the Indian stock market, as well as help others in a similar situation. If you wish to learn about the functions and powers of the institutions mentioned, and the various terms used in this article in greater detail, you will find the related articles on the Booming Bulls Academy blog.<\/p>\n If you want to know more about Risk Management & Intraday Trading Strategies you can refer to our previous blog on<\/p>\n Importance Of Risk Management In Trading<\/a>\u00a0and\u00a010 Best Intraday Trading Strategies.<\/a><\/p>\n Open a Demat Account using our link to get support from us \u2013\u00a0<\/span>https:\/\/bit.ly\/3gyhIWN<\/a>\u00a0<\/span>and send your ID to\u00a0<\/span>demat@boomingbulls.com<\/p>\n Happy learning!<\/p>\nSteps to Prevent Fraud in the Stock Market<\/h2>\n
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What Recourse Can You Take in Case of Fraud in the Stock Market?<\/h2>\n