Showing posts with label beware investors. Show all posts
Showing posts with label beware investors. Show all posts

Dec 25, 2017

11 Points To Consider Before Joining Any Stock Trading Advisory

Our CHALLENGE if you find even 1 advisory firm competing with us in below parameters of genuinity then you will get all our service lifetime free !
1. Old firm:
We are operating since last more than 10 years (in 2017). Most firms are very new. So they don’t have old and experienced analysts. How to verify this? You can go to our site and check on this link www.meghainvestments.blogspot.in you will find our updated research since 2008 when Google introduced their blogger service in India (We don't know the launch year exactly, but the point is that it was new and nascent in India). So, experience is definitely a plus point. Besides if we are here for so many years then we definitely have more knowledge and experience and have given better service to our customers that is the reason we have been able to survive and thrive this long.
We were one of the 5 firms who started this whole business of advisory in our country- in Ahmedabad, Gujarat, and then it spread in whole India in last 8-9 years. All companies closed down who started with us, only we are surviving. Why? We explain it further here.
So, the point is we get the marks for OLD ESTABLISHMENT and STILL WORKING, SINCE 2008 title which is a one of a great comparison point with any other service provider when you are concerned about the type of quality of service you might get. 

2. HOW WE STARTED/NOT FOR PROFIT OR BUSINESS:
Also, our firm is not a private limited or limited co. so we are a basically a group of analysts who started this site and started putting their research ideas and articles and stock tips as part of their study while they were studying their post graduation in different fields. Then after due to market boom and request and demand of many, they started giving professional/paid advice service for very low amount. Then as the time went they started their broking and other business and as the customer increased to give better service, they also increased their charges. That is the reason our charges are one of the highest in industry. So, thus you now know that our firm is operated and owned by analysts themselves and not started by persons who wanted to earn money as an advisory business.  Because then the 'businessman's sole motive will be to earn day to day or month to month income and he would do anything to achieve that, including indulging into malpractices. So, this also clears the point that our analysts do not change, so that is why our system of research also remains consistent and the benefit of maturity and experience is gained by customers who join year after another. Not like other companies where analysts change on almost monthly basis (that too newbies and inexperienced ones mostly- those passed out of college - they are really cheap and smart experienced analysts can't be afforded by so-called telemarketing advisory companies - and the fact smart experienced analysts won't go for job rather than do their independent business), and thus customers don’t get benefit of the experienced analysts. Thus we are not strictly for earning money and not work with sales target or fee collection target.

3. COPY PASTE SITES:
You will find that most of so called advisory co. websites you surf, just go to their about us page and other pages too. You will find that many are just copied and pasted the entire content or 70%+ is similar. Even other pages like products etc. also are also same. 

Why? Because many of them are owned and operated by a syndicate of persons or one person alone. You can also see how the 'services' page is more or less the same in all of the so-called advisory websites, with little bit difference of name of service. The most nonsensical aspect is how they simply ask for charges of Rs. 10000 and even as high as 1 lakh and more by merely making a TABLE depicting name of service and 3-4 more lines and simply putting PAY NOW ONLINE or bank account detail!! Don't they have any value for such amount? They are asking for such exorbitant sum as charge without any description or detail or explanation of their service and what it is all about and why should one take it; save the argument about establishment or credibility! God! And only use these different name sites to lure inquiries so that they can offer them free trial and cut them clean! ON THE OTHER HAND, you check out our site, from about us to services page you will not find even 1% similarity between 99% so called advisory firms and our site. Why, because we are different and unique, we have created our site as our shop and it is mostly representing what we are and we have poured years of research and experience in making and polishing our site and products. Our site is not simply a marketing tool or a platform for generating traffic and getting inquiries for free trials. No. We have content because we are a REAL GENUINE ORGANISATION WITH REAL PEOPLE. That is why we stand out of them all. THIS IS HOW YOU VERIFY AND SEPARATE GENUINE BUSINESS FROM THE UNSCRUPULOUS CHEATERS OPERATING TO LOOT PEOPLE.

Clearly you will find that our services are designed, improved and polished over the time with the experience of analysts who provide it and of course with the help of hundreds of customers we have been able to service over the past years.


4. SERVICES OFFERED:
Just see the variety of our services. Om most of the other sites you will find almost common services with fancy names like jackpot nifty and so on. Also their service has no description or one two lines of description. And in one page it is complete. A MERE ONE PAGE FOR ALL SERVICE! But on our site each and every service is distinct and you will find a long page giving explanation about service with definition and example. We have given utmost clarity to our visitors about our product. Why and how? Because this is result of our years of experience and work. We have not come to make these products but OUR SERVICES HAVE BEEN EVOLVED AND REFINED AND REDESIGNED AND POLISHED AND PERFECTED OVER SEVERAL YEARS OF EXPERIENCE, and that is how we have them and other don’t. Also, we don’t have fancy names. It’s a bad way of marketing really.

5. SERVICE FOR INVESTORS:
One staggering upper hand we have over 99.99% of so called tip business fraudsters/operators is that - we have been giving SERVICES FOR LONG TERM INVESTORS for past many years. This is for investors who are investing for long term and not trading. We have 5 totally distinct and unique services for such people. I challenge you will not find such anywhere. Because as said above, they are designed by our years and years of experience and expertise and polished over and over again and perfected. So, this is our holistic approach, we have fundamental analysis resources for the same. Ask those all cheating free-tips advisory private limited cos. or individuals what do they have for long term investors? They will say they are not interested because they want instant money and that is possible only by giving free tips for day-trading and then grab money if they are lucky. So, don’t fall victim to such fraudsters. This is also another proof that we are not here to only make profit but to give required and suitable service/to serve the traders and investors honestly and genuinely, and also guide people who are long term investors and promote long term investors- and not only loot people by pushing them all to day trading only.

6. NO BANK ACCOUNT DETAIL OR ONLINE PAYMENT LINK ON SITE:
You will find bank account detail given on all websites as well as online payment link. WHY WE HAVE NOT PUT? We could also put, but we have not put because we are not too much eager to take your money. We FIRST WANT TO DISCUSS WITH YOU. That is why we have not put our bank detail on site or no online payment link. We will first discuss and if we agree about our service then we give you bank detail to make payment, and not otherwise. Another reason is also to avoid problematic/rigid customers, who are only losers and want to blame only and not change. They will first make payment and then not trade as per our advice but do only what they have to do, then blame us, so to avoid waste of time an loss of reputation due to complaints of such fanatics also we have not put bank detail or online payment link on our site. Also many people used to pay money then ask us to give service as per their desire, and we don’t do it so we had to refund their money and that also used to waste a lot time and bank charges and tax entries also.

7. FIRST DISCUSS THEN JOIN CONCEPT:
We have clearly written on our home page that first discuss then join our service. Don’t decide out of hurry or by simply reading our products detail. This is because we want to make sure that everyone selects suitable service. And of course we are not eager that customer pay money as fast as possible. We are not concerned with customer payments but customer satisfaction. Also we don’t take payment of enroll customers unless we discuss with them thoroughly and are satisfied that the person is given right service. Also that is why you will find in our contact form also, an option to choose ‘I want to discuss’ option. Also, by talking with them we want to make them aware about right approach towards market and teach them basic rules and requirements and pitfalls of market mistakes so that they don’t get bitter experience in market that is why also we want them to discuss with us.

8. CONCEPT OF ‘ASSURED PROFIT’ AND NOT MONTHLY OR TIMEBOUND SERVICE:
The fact of market is that market is very good for some days while bad for some days and just on the sidelines on other days. Many times market is completely uncertain and there is no-clue as to where it is heading. Also, sometime some international or domestic news flow is dominating market and making it impossible to predict or move. While in years many months are filled with 2-5 holidays also. Thus, we developed these ASSURED PROFIT products, as we understand that we cannot bind market in time/months. And if we try to do it we will lose money. Because there are many days when we don’t know what to do or it is highly risky or completely uncertain etc. and on those days we trade or send calls then we are/customer bound to lose money. But that is what happened in monthly service. So, we came out with this profit-bound service where we give assurance of profit, and till that amount of profit is achieved to the customer our service continues, our responsibility towards the customer continues. Our another logic is also that in monthly service suppose we keep sending you calls/sms, what is its value, you don’t pay us fees to receive a 25 paisa SMS service! NO! You give charges to GET ACTUAL PROFIT IN STOCK TRADING! So, just SMS is not what you want, you want actual profit. In our assured profit system it is possible. Visit our site for more detail of the same.

9. REGISTERED TRADEMARK:
Our logo and brand name is registered trademark, and one of the first in this industry. Nowadays some companies have also done this after copying us. Why it is important. BECAUSE WE HAVE A BRAND NAME REPUTATION/GOODWILL that is why we had to protect it an many times taken action and closed some firms who used our name by help of law in the past. Those people who are operating for many years and for long term in future AND WHO THINKG OR WANT TO MAKE THEIR FIRM A BRAND NAME only worry about protecting their brand name…OTHER WISE WHY WILL THEY WORRY ABOUT OTHER USING THEIR NAME…but we worry. So we have our registered trademark for many years now. This is not the only but one of the logical points to consider while choosing better advisor. Also, please beware of persons SELLING OR PITCHING SERVICES BY FLAUNTING THEIR SEBI REGISTRATION, AS IT TAKES ONLY RS.15,000 TO REGISTER AND ANYONE CAN GET REGISTRATION NUMBER BY PASSING A SIMPLE EXAM. 

10. NO PAID ADVERTISEMENT ON GOOGLE/FACEBOOK OR NOT SMS MARKETING AND NO DIRECT TELE-CALLING/TELEMARKETING:
Yes…we are receiving all the inquiries by ‘mouth publicity’ or word of mouth by our satisfied clients of past years. We are automatically ranking on Google search because our site is so much full of best content and research and several years older that it is automatically listed on top pages for which other money-looting advisory pay lacs of rupees to SEO experts and also spend lacs on Google and facebook ads. This is also a big point to consider while find genuine advisory company. We are not saying that those who advertise are all bad. But this point is also important and should be considered among the other above listed points. We also don’t worry about getting new customers and inquiries because we do not give free trials and because we are serving for many years, and that’s why we already have many clients to thrive and survive. So, just think twice when you open advisory websites by clicking on advertisements.
Also just imagine, all those telemarketing advisory companies who put up so much infrastructure and manpower and spend lacs on SEO or marketing, huge telemarketing sales team costs etc., have to earn a minimum amount every month or they will have to shut down the very next month. So, they will engage and employ all kinds of malpractice, misleading things, and fraud tactics to lure customers. They will definitely make people bet big and do gambling so that customer earns or loses big and they can get big amounts in profit sharing fees etc. On the other hand like we said, we do not spend 1 rupee on advertisement, so do not have compulsion to have minimum income per month and that helps us remain honest to our customers and not make them take huge risks and eventually lose their capital. 

11. ORIGINAL RESEARCH AND ARTICLES:

We, both on our site and our blog, have a rich collection of original articles helpful for investors and traders. On 99% sites you will not find this. And on other 1% it is mostly copy paste from elsewhere. Is this important? THIS IS THE MOST IMPORTANT ASPECT! Because basically you want buy-sell recommendations or advice, and how does that come? By don’t research and analysis of market by fundamental and technical tools, right? So if any so-called advisory firm does not have theses ‘research’, they must be asked a question how are you giving the service? Or probably most are only flipping coin or giving buy-sell SMS to people by imagination by looking and screen or tips from website etc…WE ALL AGREE THAT THIS IS DEFINITELY NOT A GOOD THING FOR CUSTOMERS! The point is that we have a strong proof our research base and its validity and strength by the way of our original research articles content. MOST OTHERS DON’T HAVE THIS AT ALL, AND OTHERS WHO HAVE ARE COPY PASTE FROM INTERNET OR JUST INFERIOR TO OUR CONTENT.

For best services for traders and investors in Indian stock market for multibagger stock calls and intraday stock, nifty, stock futures, options trading calls visit our website www.meghacapital.in

Sep 4, 2016

Why traders lose money? Take time to do your HOMEWORK before you start trading/investing or select an advisor

Take time to do your HOMEWORK before you start trading/investing or select an advisor
Why traders lose money?
Selecting right advisor for stock market
Do your HOMEWORK before you start trading or select an advisor

Yes, this has been the problem with most if not everyone.
A person wants to trade/invest in the market and for that he wants some professional/expert advise.
So, he goes on Google and search for the same. In result they get a lot of advertisement sites as well some other results for the same.
Now, the person opens a bunch of the sites from the result and surfs them not giving proper time to go inside all pages and read it fully and also not giving time to compare.
Also, a big mistake made by him is register on the site for free trial, without knowing what it free trial? Why it is given out? What will he get out of it? Does it satisfy his needs for what he was looking for in the first place? Is it the right thing to do? Does any valuable thing come in free? Can he judge the performace of anyone for next one month based on 1 day advice? (read full article on free trials scam here http://meghainvestments.blogspot.in/2012/07/trap-of-trials-read-why-free-trials-is.html )

So, he doesn’t do this and simply registers. Why, because of lack of awareness of the above questions as well as the deep subconscious lure of ‘free things’ in human nature. Besides, it’s fast, as the ‘unscrupulous site’ is only asking for name and mobile number most of the time which takes few seconds to fill up (and they know it).
So, the point is you should not be impatience in starting your trading and take your time to check out the complete site and try to figure out below questions by searching whole site, comparing it with other sites and its services on several points.
Below article can help you with that –

Also TALK TO THEM. You ask many questions and continue your discussion for many days. This is also a very good point to understand the real character of the advisory firm and its genuineness. Ask them questions about their methods and so on. Ask them why 10 points why you should trust them with your money. (we have this big notice on our site saying discuss with us before selecting services)
See, just can’t risk your thousands or lacs Rs. by opening websites in google results and registering in them for free oneday trial. Is this what you want really? So, TAKE YOUR TIME and DO YOUR HOMEWORK before your trade or invest( learn some most basic things about trading- available on google only- devote 1 week or 2 week to find good advisor and selecting and scrutinizing them). Nothing is running away.

It’s your hard earned money (even if it’s not hard earned, you wouldn’t want to just throw it away!)

Why are you even in the Stock Market? How Do You Literally Get Lost In Market Without Knowing

Why are you even in the Stock Market? Reasons of your NOT SUCCEEDING in markets
Why are you trading/investing in stock market?
How to select right advisor for your investing trading needs?

Yes. You might think this is very obvious question. Of course to earn money.
But just repeat the question in your mind, to yourself, why am I even in the stock market? What am I doing? What do I want to achieve out of it? Why am I trading or Why do I want to trade?
The entire point we want to make here is that we have seen, over talking to thousands of persons and serving hundreds of clients that they literally are not FULLY AWARE of their actual purpose of being in stock market, except this vague obvious idea that ‘it will earn them money or to make money’
This is problem one and it gets worse. At least, at this stage they have this consciousness of making money, although they didn’t have full understanding of their goals, objectives and plan for entering market or starting trading and investing.

Now, after they are in market, this thing gets worse in the form of them completely forgetting WHY THEY WERE IN THE MARKET IN THE FIRST PLACE?
Yes, this happens. Imagine you setting out for a trip to, say Ladakh and on the way visiting Delhi, Simla and so on and your time and expenses are running out. You get immersed in destinations on the way that you forget to focus on getting to Ladakh. Although, this is not an exact illustration, I hope you understand what I want to say.
Because of this, after sometime in market, the person starts to trade and invest haphardly, tries to get in and out of stocks, takes advice of any Tom, Dick, Harry and Tanyas, or Sonias of xyZ stock advisory who calls him, keeps registering on anonymous websites offering literally 90-99% accurate trade tips…and so on….

…This is what we mean by “completely forgetting WHY THEY WERE IN THE MARKET IN THE FIRST PLACE?”
This happens because of one or many of the reasons below,
1.      complete dumbness (sorry) of the investor about how the market works and commonsense of purchasing any service or professional advise
2.      Genuine non-awareness of the way market works, how to select and not select a good advisor, non awareness of unscrupulous malpracticing businesses in this field of stock consulting etc.
3.      Initial losses in the market kills the temperament, moral, tempo and mood of the person which disorients him from prudent thinking and acting regarding all these
You will find the below pop up on our site on home page reminding every visitor what are basic purposes of them being in the market which I also put below, (comprise both investing and trading)
1. You want to generate extra/side income source.
2. You want to build a long term portfolio for your family and kids.
3. You want to increase your standard of living.
4. You want to participate and benefit from the Indian economy and growing stock markets.
5. You have a certain risk capital and you want to try it on stock/commodity trading.
6. You are a fulltime trader or want to be a fulltime trader.
7. You are broker or stock market professional.

This thing actually makes them commit lots of other mistakes which ultimately leads them into decisions which in turn give them further failure in trading and investing.
So, the whole point is you must not GET DISORIENTED and let your subconscious mind take over you.
Find other useful articles on our ‘beware investors’ series below,

Jul 23, 2016

WHY WE ARE DIFFERENT ? WHY CHOOSE MEGHA INVESTMENTS ?

WHY WE ARE DIFFERENT ? :

At megha investments, we have a business model which is based on renewal or re-subscription of the existing customers.
So, why are the existing customers renew their services? Of course only when they are given good services in terms of support etc. and the profit target is achieved for which they have paid fees.
This is not possible if we are to chase hundreds of leads/free trials every day as it is done by most so called telemarketing advisory companies which are in fact call centres.
You simply can't focus on better customer service if you are trying to chase hundreds of new customers every day, in fact every hour.
Also, we know our customers are retain participants who trade or invest with as low an amount as Rs.25000 to 25 lakh and more. There are not a lot many people who are seriously interested in working with long term orientation in investing and trading as well. And out of them, there are much less who will understand the arguments of our firm and why should they trust us and pay advance charges without any free trials (article regarding "Why you should never take free trials?/Trape of Trials" already given earlier, go to our blog site), so this sums to a necessity for us to give the best services to THE EXISTING PAID CUSTOMERS whoever with us, if we want to remain in the business and make profit. This is what makes us different.
To do this, we work hard on our both the most important aspect of service delivery, which are (1) giving actual profits to customers for which they paid us charges, and (2) giving better support in terms of awareness, flexibility, and support on phone, email communication and other value added service.
This, we have been able to do consistently since last 10 years and also bring about improvement over time. That is why we have been able to survive WITHOUT DOING ANY TYPE OF MARKETING OR GIVING ANY FREE TRIALS.
This is just one of the many aspects of why you should choose megha investments and how can you choose a better advisory online for your needs of stock investing and trading consultancy.
We have written another article listing out in detail other similar aspects, please find the link else where on our site.


-Regards,
General Manager, Sujay

Dec 3, 2013

Beware of Stock Tips Companies luring traders and investors with ISO Certification: Read this first

We have noticed and received responses of many investors who have been defrauded by some websites and so called stock advisory companies who claimed (and many may have) they have ISO certification.
Investors fall for this without noticing that what the ISO certification stand for, who provide that and why and how?

They believe the company claiming the ISO certification to be 'angel' and 'honest' and 'genuine' and put their trust on this basis rather than on their reasoning.
So, thus ISO certification (and other such doubtful/shadow certifications and awards) has become a tool and cover up for money-chasing stock advisory companies/operators who want to take money of investors and traders searching stock advisory on the internet, any how.
PLEASE READ THE BELOW ARTICLE ALSO, WHERE YOU WILL UNDERSTAND THE ISO CERTIFICATION FRAUDS ALSO.
http://www.consumercomplaints.in/complaints/iso-certification-c164627.html

Oct 12, 2013

9 QUESTIONS TO ASK AND THINGS TO CONSIDER BEFORE SELECTING YOUR ADVISOR

9 QUESTIONS TO ASK AND THINGS TO CONSIDER BEFORE SELECTING YOUR ADVISOR

  1. What risk-reward ratio will you give me?
  2. Please give me 10 investors and traders awareness and educational articles prepared by you.
  3. What is your educational qualification and experience in market of how many years?
  4. Are you providing advice and recommend only to trade or investment also? (one must recommend and suggest about long term investment also)
  5. Will you give me trading calls in segment which I tell you or will you tell me in which segments and sub segments to trade? (advisor must not let client to select their own segment and sub segment, because advisors must know better than clients who are seeking advice which segments and sub segments to trade and which not)
  6. Are you giving free trial or not? (true advisor will not give free trial. Reason is simple. He must be already having enough paid customers and not have time to give free tips. Also such advisor believes ‘free things has no value and quality thing always has value and are costly. He will ask you ‘How can you take judgment of my service in 2 day of sample calls? This is unreasonable’.)
  7. Do you give trades daily or there is no fixed frequency of it? (There should not be any frequency of trading calls giving, every day is not good for trading and no one knows which day will present best opportunity and which day worst. So, there should not be fixed frequency of giving calls.)
  8. What is your accuracy ratio? ( If the advisor says 70% or 90%, beware. Ask him about ‘WHAT NET PROFIT WILL YOU GIVE ME AT THE END OF SO AND SO NUMBER OF TRADES?’ Do not ask about accuracy ratio in %. It doesn’t make any sense and doesn’t give you any idea about accuracy either.)
  9. I have 1 lakh trading capital, what kind of exposure will you give me? (if the advisor say that he will make you trade on full exposure, then beware. A good advisor always cuts 30% from your trading exposure and then gives you positions on the rest of size.)

BEST OF LUCK WITH YOUR HUNT FOR A GOOD ADVISOR!

Jul 10, 2012

THE TRAP OF TRIALS: Read why Free Trials is a scam and a constant malpractice or cheating operated by many stock advisory websites/companies.


THE TRAP OF TRIALS: Read why Free Trials is a scam and a constant malpractice or cheating operated by many stock advisory websites/companies.           


We have written about several traps, frauds and malpractices happening with investors and traders who seek advise on the internet. Please find all those ‘INVESTOR AWARENESS’ articles here. But the one malpractice happen to them that we are talking about today is indeed the ‘mother of all malpractices’. And that is ‘The Trap of Free Trials’. Yes, ‘Trials’ or ‘Sample Calls’.


Most of the (in fact all of them as we have not found any advisory company giving no trial service, however some individual analysts do-not give any free trial for promotion of their service) give trial or sample calls. they in fact put on their website prominently (to get your data) or their telecallers cold-call you and provide free trial. so, thus most stock advisory companies are providing/offers 'trials' or in other words entice the people to take free trial.
            Now, most of you would say that what's wrong with it? In fact, it is good for them they get to get a 'sample' trading advice about the research/trading calls/tips of the company and thus check them for accuracy, weather they are good or not. And you would also tell that we (MEGHA INVESTMENTS AND RESEARCH) should change policies of 'No-Free-Trial' advisory and start providing Trials like other advisory websites/companies.
            But in next paragraphs, you will understand why we do not provide trials, and why 'Tral is a Trap' for any investor/trader searching for tips online/offline and why you should keep away/beware of it.
            POINT 1: GENERATING MAXIMUM LEADS, MEANS MAIN OBJECTIVE IS MAXIMIZATION OF INCOME & IGNORING CUSTOMER SERVICE QUALITY & CUSTOMER RETENTION/RENEWAL RATIO.
            Let us start by understanding that a firm want to generate maximum profits and for that it want maximum leads and if any firm want to generate maximum possible revenue at all/any point of time then it is clear that it do not care about the quality of service and renewal/retention of customer, this is a logic of common understanding.
            Also, as you can see that their staff is occupied always with talking to and providing trials to new inquiries persons, they do not have time to give service (forget 'quality service') to existing customers. (The reason is) they do not have any such thing as 'quality service' in the first place. How and why?, you will understand in the following to come.
            Readiness to give trials for avisory firms to anyone at any time is like an airline company selling airtickets to any one who want it at any time they want, without any count of concern of the actual seats they have on pane. However, it is a pity that investors do not thing in this much depth while putting their money on trade on free advise given by any such tom, dick and harry type website/telemarketing advisory company.


POINT 2:
            Point 1 talked about the pure profit mazimisation objective of those all advisory companies who give 'free trials', without concern of quality/availability of service & customer retention or customer renewal fees. Se, essentially companies providing 'trials' target 'everyday new inquiries'. In a bitter words, their business is not to provide good/right advice to customer and retein him (also earn renewal fees) but their objective is to take (cheat) money out of just another some new guys who unfortunately (fortunately for the cheating firm) happened to land on the company's site and got lured out of free trial OR got 'cold-called' and enticed to take trial over phone by the company.
            This 2nd point, you will understand is about that most of such companies' whose website you stumble upon and feed data for trial or agree to take trial on a marketing cold call you received; is do give trial only for 1 day or max to max 3 days. They do not give trial for usually more than that weather the trials got right or wrong. Now, the point is CAN YOU DETERMINE ON THE QUALITY/ACCURACY OF THE TIPS/ADVISE/TRADING CALL OF THE ANALYST/COMPANY ON THE BASIS OF A COUPLE OF DAYS TRIAL? A smart person would not so it. However, again the pity is so many investors do not think in depth and logically about this & fall in this 'Trap of Trial'.
            As you will also agree no one can determine any analyst's accuracy by a couple of tips/or couple of days of trial calls. Because some really god analyst's tips would go wrong some consequent days and some completely bad/random tip-provider can go right. However, good analyst will always have a better track record over a couple of weeks than a random tips-provider. So, if you want trial sample trading calls and the advisory company is willing to give you sample calls, then ask for more than 10 trading days sample calls to determine their accuracy and customer support service both. Otherwise you will stay away after knowing the logics and arguments given here. However, I guarantee you no advisory will give you trial of more than 1-3 day. It just do not fit into their basket of 'trick of trial' by which they have created this 'trap of trial' for you!  However, even if your trial tips provide advisory operator agrees to give you 5 or 10 days trial, then, after reading the following point-3, you will know how the 'free trial' provider must have tricked you in giving successful trials for constant days...
       
   POINT 3: BUY SELL 50-50.
            This thing never came to my mind on its own...I was reading a book 'Fooled by Randomness' by Nassim Nicholas Taleb, and found the mention of the mass mal-practice adopted by the stock newsletter/advisory providers. Then, later on we checked out on our own by cross cheking and other means and sources; only to find out that Indian Investors and Traders taking 'Free Trials' advise/tips are cheated by this mass mal practice or trick by advisory firms.
            As said in point no.1 'trial' firms target maximum  inquiries at all/any point of time. So, usually they have a good number of prospective/potential customer who can pay after getting trials. So, what these firms do is that suppose if they have, say, 40 Trial-Customers on any day they will give a call of .e.g 'Buy Reliance Industries Ltd at cmp-750...' to only 20 persons (not all 40) & give 'Sell Reliance Industries Ltd at cmp-750...'  to another 20 persons! Yes, this is shocking for average investor/trader looking for some good advice to make some money in stock markets. See, it is just as simple as that for these unscruplous so-called stock avisory companies. There is no such thing as research/analysis  & advice; it is pure trick to grab money by fenerating maximum leads/inquiries online/offline.
            This 50-50 buy-sale trick is extended from there. In the above illustration as you saw buy call of RIL was given to half (20) persons and sell call of the same stock at same price at same time was given to  another half (20) of them. So, either of it will be proved right. Suppose, the stock risen and thus the 20 persons who were given a buy call were given a successful/right/accurate call. Now they will try to take money from this 20 persons on the basis of this so called successful and accurate call/sample free trial provided to them. However many customer will not buy on the basis of 1 day trial, some do. So , now the cheat advisory company/analyst would again repeat the same trick on those 20 trial persons. It divides them into 2 trial groups again (10+10) and then gives buy call to one group and sell call to another group of 10 persons for the same stock/commodity at the same price at the same time as done earlier. As you know any one is going to be right. Here, those 20 people were alteady given 1 so-called 'successful' trial and out of them now 10 person have taken 2nd successful trial. Now the company will again ask for money from these 10 persons claiming that they were given 'two sureshot trials' as promised. And if some customers tell to give more trial, then again they wil repeat the same trick, divide these 10 persons into two group of 5+5 and then again give buy call to one and give sell call to another group of 5. Thus, as you can predict, 20 customers out of those 40 trial inquiry people are given 1 so-called 'sureshot' call, 1 are given 2  constant successful trials calls/tips and 5 are given 3 constant successful trial tips! These operation, the company will complete in one day of in three days. Just imagine a website based advisory firm may not get too many inquiries but a web based and as well doing cols calling marketing as well, the trial-system/trial operating company can give trial to daily 100-200 or even more persons wanting to take trials as they usually have a call centre-type set up. Supposs, they run a  people trial group there will have 50 persons daily with so-called '1 sure shot trial'. And 25 person whom they would have given 2 constant 'right/accurate' trial. And 12 persons who are given constant 3 right trials!! This is mindboggling. Isn't it!
            Now, after reading all this ,if you still rely on trials and ask for trials, then its all upto your common-sense and logic....


POINT 4:
            Most websites do not have actual business firm or offices and not even analysts. They are only a way to get data, to generate leads for free trials on whome then they can operate the 'buy sale 50 50' trick.


POINT 5:
            Another characteristics of such operators, who give free trials in guise of providing so called free trials, is that they operate in different names to use the curned out data. Yes, what they will do is suppose ABC STOCKS has a 100 traders data and it has used them by calling and offering service and free trials and extracted all juice out of it by applying all tricks to get money from these 100 people, then its sister operator XYZ STOCKS (most of the time run at same place, buy same guys, only with different name, and phone numbers) will start using it and approach those 100 people to take their advice, if any of them still have left money to trade after dealing with the ABC STOCKS!!


POINT 6:
            This in fact, is only a different version of the 'buy sale 50 50' cheating trick employed by most stock advisory operators.
            We understood how XYZ STOCKS ADVISORY would offer free trials to persons, and then divide them into two groups and give buy and sale calls to different group at the same time, for the same stock/commodity. But, another way to do the same trick is that in this example, the XYZ STOCK advisory will give the buy call to half of those who were scheduled for trials on that day, the half of the persons will be given sell call for the same stock at the same time by another ABC STOCK advisory company which is nothing but another name under which the same operator is operating. So, thus, they employ the same trick in different manner.
The' buy-sale 50 50' trick is a complete cheating and a clear mass malpractice. However, there are also some another 'modest' ways by which these behind-the-scene so called stock advisory operators use the huge data of leads collected by their various different named blogs, sites and cold calling; and employ various probability  theory and games to try their best to 'get you' to pay by disguising a 'good trial', without any relation, relevance, concern or worry of actual analysis, or accuracy and worry or concern for good customer service or any object of customer renewal income or retention ratio.


So, thus once you get into this 'trap of trials', they will get you any how! Yes, if you are not caught in their various trick in the unscrupulous ABC STOCKS advisory, then some days later they will try to get you in their XYZ STOCKS advisory by like this simply changing name, without you coming to know that this is the same operator which you did not like. Then they will change another name, and another site and another phone, because it is a no big thing to change a name, website and phone numbers..is it?


And yes, one another thing. They will come for you even after they have looted you once and you got rid of them. Suppose, got into their one of trick, and by bad luck paid money as fees, and then made a loss in trading/investnig on their so-called tips (you are bound to lose as they are not any type of analyst or do any research or as explained logically, give any service. They only want to take money by using this simple 'business model' or money making idea. So what will the operator do is, that if he got you loss in his say ABC STOCKS advisory, then he will from their pass your data to his XYZ STOCKS advisory, and try to get you in that. And if you did not got in or got in and again lost money, then his another PQR STOCKS advisory is passed on your data and ready to 'churn' you and 'extract' you, whatever 'juice' is left, if any!

So, from now on whenever you stumble upon some website which offer free trial or get some cold-call marketing phone which offer you a couple of days of 'sureshot' calls free trial tips, because now you know that it is nothing but the 'Trap of Trial'
Disclaimer: This article is issues in public interest and do not aim at defaming a particular industry or company. Resemblance of any name mentioned is merely coincidence. Readers are adviced to employ their own discretion. The article has been prepared by writers at MIR, based on their study and analysis. Readers may contact us for further clarification.

Jan 23, 2011

Concerns on Mushrooming stock trading advice blogs

Concerns on Mushrooming stock trading advice blogs-
Recently with the spread of knowledge amongst internet enthusiasts about blogging, there has been a huge jump in online BlogSpot blogs which are free, and very to easy update information like a website.
The problem is the anonymous people using this to lure online investors and traders community by making such multiple blogs which literally cost them nothing. They simply start updating tips and selling subscription.
One clear thing about their being unscrupulous is simply the

Nov 18, 2010

SKS Microfinance debacle- Some contemplations and comprehensions


What happened with sks microfinance stock debacle and investors losing money is nothing new in stock markets.
The basis of such disasters lies in the craze of investors for their constant striving of ‘new’ and ‘fancy’ (so-called) investment ideas.
Always remember, investors who simply jump to grab every ‘new thing’ on markets, WITHOUT UNDERSTANDING THE ECONOMICS OF THE BUSINESS AND LONG-TERM SUSTAINABILITY OF ITS MODEL are bound to lose money. Long term sustainability is very crucial; even for short term performance of the stocks. Because you never know when a smart investor start exiting and a smart trader start shorting. Its just a matter of time. And you can never figure out when.
This has happened with dot coms companies. You can take example of praj which made short term wealth for investors but since has eroded more than similar amount of wealth. We have many similar examples.
“In fact I would go forward and say common investors (including HNIs), to leave this area of investment to ‘hi-fi’ speculators/investors like the VC funds, PE funds, FIIs and such other sophisticated hard-core professional investors and traders.”

Jun 20, 2010

About SURESHOT CALLS-What are Operators?

The Essence of “Operator based SURESHOT CALLS”

        People ask us what is Operator calls? They also want us to differentiate How our SURESHOT Calls are different than those of other anonymous dot com advisory companies.
Here are some points of differences as well some descriptions for the OPERATOR BASED SURESHOT CALLS service, as we deliberate and contemplate.

First of all what is the meaning of operators?
Friends and operator can be any one of below:
       A mutual fund, a brokerage house, an FII, a Corporate, an Insurance company or any other type of institutional participant or it can also be an Individual.
      Operator word is not always a word used for or concludes manipulation.
Yes many times it is.
    They are called operators because

Jun 15, 2010

Movement of RNRL,RPower and Our article--Creating Understanding n Understanding Mkts

In the markets events happen. There is nothing wrong in it. But the only problem is that investors get confused. And those who are least informed and does not constitute amongst the HNI list of brokerages and high-profile portfolio managers Almost get a Fainting.
             Markets saw a Sharp response on the Day of 7 May 2010. It was the day when the Supreme Court in a Big judgment comprising India’s two largest Corporate, gave verdict in favor of RIL group and dismissed RNRL’s all contentions. This was a case lost which was aggressively and patiently pursued by the Reliance ADAG Group. The verdict against R-ADAG group took the group companies shares smashing down. RNRL tanked close to 27% and R-Power tanked close to 12% on that day. There was a complete dispersion amongst investors. Because the case was much hyped and

Jan 29, 2010

Issued in the interest of investors and traders: ANONYMOUS dotcom tips advisory companies and SMS tips:With Ref to A RECENT PROGRAMM ON CNBC TV.


Avoid BUY/SELLING in stocks based on recommendations through promotional SMS. Focus on financial performance and corporate governance track record of the company.


             Many investors in equities receive text message on their mobile phones at regular intervals. Indeed short message service (SMS) is a very inexpensive and easy option to spread rumours and communicate recommendations to the target audience. Dispatching text messages over mobile phone cost as low as seven paisa to five paisa per message. Moreover, getting the database of investors is also not a very difficult. Another advantage of using text messages over mobile phone is the speed at which information, or rather mis-information, can be spread among the target population.


It is common for investors to receive SMS providing price-sensitive information or rather rumours. In most cases, the objective is to drive up stock prices and to hammer them down. Usually this is the work of small operators with limited clout in the equities market as they do not have the financial clout of big operators.  
Many business people use TEJI IN MARKETS to make such easy money by operation tips or advisory dotcom and sms service. When you go to their ABOUT US page in website they all have almost common texts. You don’t see any responsible persons’ name or name of owners or analysts. Most never give any type of charts or research report or original analysis. Why? Smiply Because they don’t have any analyst!


                 A RECENT PROGRAMM ON CNBC CHANNEL EXPOSED SUCH COMPANIES AND PEOPLE DOING SUCH UNETHICAL AND UNFAIR PRACTICE which has caused many people lose several thousands and even lacks of rupees, just in hope to earn more money out of trading.


                 The point is don’t go behind every dotcom company/website and sms service providing tips or trading recommendation WITHOUT INQUIRING REGARDING THE OWNERS OF THE DOTCOM SITE/COMPANY OR SMS SERVICE AND MORE IMPORTANTLY THE ANALYSTS THERE. ALSO CHECK THEIR BACKGROUND. (also read this article in this regard). Further it is our personal suggestion to take advise of only such people who also do fundamental analysis on regular basis and are not just providing only intraday trading tips, because with the advent of advanced soft wares, several online portals, broking companies’ inbuilt charting and trading software it is easy to issue trading calls and tell oneself an analyst. Many text messages are carefully drafted. Though these messages are spreading rumors, they generally attribute the news to “value-buy”, "sources", "rumors", "market talk”,” big-order win” take over buzz”.” bonus issue”, private placement”, and so on. Certain SMSs are typically market pitches that go to advertise particular scrip’s aggressively. 

Nov 12, 2009

Beware Investors and traders !: Thodi si to CLICK Kara De...

Will you take services of a restaurant that ADVERTISES other restaurants?


Will you go to an MBBS for treatment who puts banners of ADVERTISEMENT about other doctors and hospitals?


Will you buy a TV, Refrigerator etc. from a company's showroom where you find ADVERTISEMENTS and PROMOTIONS of another Companies similar type of products?


Will you put your kids into a School or College which puts banners of promotions and advertisements of How good/better other schools are and provides addresses and contact details of other schools?

...OBVIOUSLY NO.

..........Then will you take advise from any Analyst, Consultant, advisor or tips provider WHO PUT ADVERTISEMENTS OF OTHER ANALYSTS or ADVISORIES FOR EARNING FEW BUCKS IN CLICKS..?
...we know the answer..It Is Obviously a Bigger NO.




So next time you find any link or advertisement or any other promotional banner etc. on any website/portal of analyst of advisor or advisory company, ASK YOURSELF "WILL THESE PEOPLE GIVE YOU SATISFACTORY SERVICE THAT YOU ARE LOOKING FOR?'


Remember another thing:
Never deal with such people whose honesty, integrity and purpose of service are at doubt.
This we don't write to devalue other but because we felt it a need to put this point before investors and traders. The Final choice will always be yours.
In many ways THIS SEEMS TO BE A MATTER OF APPLYING COMMON SENSE, how can a company put its COMPETITORS' ADVERTISEMENTS AND PROMOTION BANNER AND LINK on its portal...unless (1) getting money for advertisement, or (2) the other portal/advisory also owned and run by him only in disguise.! Simple.


HOW TO DISTINGUISH GENUINE ADVERTISEMENTS/INSTANCES WHERE THE ADVERTISEMENTS CAN BE JUSTIFIED:


(1) The product or service must be different. For e.g., a stock advisor or analyst can put a Broking Company's advertisement for Opening Demate Account, but not the advertisement of research, analysis and tips service of the broking company.
(2) The analyst/website portal must not provide paid tips and advisory service--if it wants to put advertisements or other analysts/tips advisory companies. In such case the portal/analyst/person operating the portal is either (1) doing it for fun or say blogging hobby, or (2) the person/portal has been completely made and operated for generating advertisement revenues. And there is nothing wrong in trying to earn revenues from advertisements. BUT REMEMBER IT WITHOUT FAIL THAT THEN SUCH PERSON SHOULD NOT HIMSELF PROVIDE PAID SERVICE.

send your views/comments to us on-profit.megha@gmail.com.
or can also sms/call on-09377008708.