Tips are they cheap or costly?
In the name of freedom of speech in Mother India, we have various news channels and newspapers. In this information era, we are flooded with information on various types of Stock Market analysis which are based on Economic conditions, the impact of political decisions on market, impact of global events over market, etc. which are being over analyzed, cooked and fed to us in the form of a report/video. Over and above this, in the majority of self-claimed number one channels, so-called experts give direct stock market Tips to buy or sell certain stocks.
I request you to close your eyes, take a few deep breaths and relax. Now, ask yourself the following questions:
If a person is so sure of his trading calls, then what is the necessity to disclose his stock market trading tips in public? He or She can make lots of money with his trading calls itself, right? Does it appear to be fishy? Does it also raise doubts in your mind as to why they are giving calls in a public forum?
If you have such doubts in your mind, good! You are on the right track. Now let us go deeper. Let us think in a positive way that the stock market tips given in the media are good and have the potential to give consistent profits over the long-term. If this is the case, one question arises that the media staff can take the trades and make a killing. That’s because they get to know the recommendations during the interview preparation prior to the public, right? In my opinion, their job is to act as a bridge between so-called experts and common people. Gains or losses of the public don’t matter to media staff. Otherwise, why do they have to continue serving the same channel for many years, waiting for a paycheck?:-) This indicates that they are more interested in generating money through advertisements instead of taking the trades on those stock market tips. Hope I made my point in a simple and clear manner!
Stock Market Insider Tips
In December 2016, a reputed company’s stock price fell over 20% in a single day. Don’t you suspect insiders would be having some information in advance on what is going to affect the share price? Being an insider, will you hold your shares in the company which is going to enter a bad phase? Of course not!! Similarly, all the people who know this information will dump their stocks immediately. Before the fall, this company would have been getting good reviews, positive feedback and only BUY recommendations in every media. The interesting point is that the same company had lost 22% in 4 months before the day in which news broke out. Just think who are those sellers whose selling power pushed the stock price 22% down amidst great news, calls, and feedback on the company?
We have put our sincere effort to provoke introspection on the way you should treat your impulse to trade based on News Channel Stock Market Tips. It’s our humble request to you, to educate yourself, and not to fall prey for cheaters and then blame your luck over your ignorance.
I am grateful that, Credit of Original Idea of the article goes to Mr.Indrazith. He is a full-time trader who helps retail investors learn about the market.
PS: I personally mentor enthusiastic people who have their dream to become the full-time trader. Are you keen to know how to make money from Investment/Trading? For simple yet powerful methods contact me