Thursday, January 17, 2008

Tips4trade recommendations how good it is?

Gentlemen,
The truth about tips4trade recommendations paid offers
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Regarding the latest subscription offers by tips4trade,
I have my comments as follows


1. The subscription rates are pretty HIGH
2.The profit calculations in the past evaluations take into account
1000 shares. say of Reliance etc -Question
imagine 1000 shares of
Reliance and a common investor buying it 1000 SHARES?-Not a Reality-Not a feasible
stuff.HOW MUCH CASH 0NE NEEDS?pRICE 2996/-PER SHAREiNVESTING RS 3 LAKS IN ONE STOCK?

Ask me what is realistic?Any buy worth a 50000 rupees,considering an average investor-trader
capacity to invest in 4 or 5 stocks maximum,say Rupees 2 laks total
investment.
He must have some spare cash always to buy a stock at best price in
case that possibility arises.

What use it if a guy purchases a stock and it falls next day or after
and he does not have money to buy more at lower price?


It is ok if he averages out by buying another equal amount of same
stock, and have patience to wait for few days or 2 weeks.


As of today, I know people who bought stocks and nifty on 15th january
2008,not as per tips4trade,of course,but they are in a big fix after
nifty dived down over 200 points.
I appreciate the tips4trade recommendations come with a stoploss and a
caution note-buy only if sensex or nifty moves in positive direction.
But please consider if nifty dives after 2 days after you bought, and
if you were not putting your stoploss daily just because you were busy
otherwise.

These are my humble views.
Let the forum come out and say I am wrong or right.I already talked to
my friends who are also members and they agree fully with me.
regards

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