What can I do if my friend is forcing me to invest some of my money in trading?
I am a stock market trader and my friend approached me to trade for him on profit sharing basis, We started a year back it was going well. we made around 50 lacs profit he has withdrawn it..later on we have made a loss of 50 lacs ..which means whatever profits made is gone and now it is 0. but they are asking me to put my money to trade for them. But i told them i will recover it or i am ready to give whatever profits taken from them. Now, he is saying that he will go to legal and file a cheating case. How can I come out of this issue.
Hello Sir
As the trading is the risk oriented task and thus there is no sureity that there will be profit or loss its upon you that you want to invest or not no one can compel you for such
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Thank you
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