This is just awareness post to Indian capital market investors and traders particularly newbies. New entrants seeking advise to invest in shares but many investors losing their wealth by fake advisers / paid tips providers. Now a days some people instantly create a website and starting to provide paid stock trading tips without knowledge of basic analysis on capital markets. Be careful yourself on the street.
Facts / Concept of Market
# No analyst / expert / broker / tips provider can provide 100 % guarantee tips. Believe it.
# Many paid tips providers have no basic knowledge of capital markets.
# Many technical analysts have no capability to use charts data.
# Average accuracy rate of tips industry is 65 to 70 percent. ( Standard research of analysts and experts).
# Don't believe the advertisements of paid tips providers.
How to Find Best Tips Provider
# Check the past performance of tips provided by them.
# Check the latest(recent) past performance with all data like Date, Entry, Exit of calls.
# Check the website for the recent performance details. Many fake stock tips providers not updating the past performance details completely in their websites but they advertise 99% success rate of their calls.
# Paid tips providers tells only about their success rate. Who will tell their failure rate?.
# Ask the both success and failure of total tips. They tell only success rate, they not reveal fail and stoploss triggered calls.
# Every tips provider comes out with a disclaimer. Read the disclaimer before subscribe to any paid tips.
# Check the contact details, address and ask your FAQ with phone, chat or any convenient way.
# Check always available to you other wise you will lose you money.
# Free trials are dummy, One day trial, two days trial, One week free trial are not suitable time frame to analyze performance.
What is the right way
# First know the basics about share market / stock market, otherwise be away from equity investments.
# Read the Newspapers - Magazines to know fundamentally strong stocks.
# Research in your own way, Don't believe the tips without own satisfactory.
# Invest step by step systematically in well known fundamentally strong companies.
# Visit NSE and BSE portals to prices and any corporate data.
Ask yourself
# Why go to paid tips?.
# Why waste your hard earn money to paid tips providers?.
# Why don't invest in your own style?.
# if not now when will you learn an investment techniques / trading tricks?.
Believe it
# No analyst / expert / stock broker / tips provider / advisory / firm can provide 100% guarantee stock trading recommendations without stop loss. So why waste your money unnecessarily / illogically. Decision is yours on money and wealth
# Before subscribing to any paid service ask the performance. Total number of calls, success rate and failure rate.
Important ! Important ! Important !
Don't learn risk management after capital loss like ...
Some examples of advertisements, they are not really truth.
Stock market fraud ADVERTISEMENTS
