Moneyvidya suggestion

magnet

Active Member
#1
Does anyone follow the site.

I mean those who know how it works .Do you think is it worth base your trading on it.

Though we learn nothing from it.
But the ranking system of maximum profit to a user and than following the same user can prove worthy for short term trading and speculative buying.

Only risk is when the same user go kabooom in his tips.

SHare your thought guys.
 

magnet

Active Member
#3
i have joined.

But now closely looking at the leaders .i see a trent

They are all short timers mostly.And they choose shares where there is news and as market opens it reaches upper circuit.We cant even take position or get shares in literal sense.
And than they close their position in profit.Which almost looks to me as cheating.

See todays call of bafna spinning.SOme news and they knew 5% circuit would apply and they give the go ahead.ALso most of the trades are penny.And if main shares stop loss is such that they dont go into too much lost and once they even see 1-2% return and they have gave call of 10-15% return they book profit and give another call.

So overall they have positive return.Brokerage and other paramters doesnt apply.Quantity also doesnt apply.If i buy 100 shares at 60 price and someone buys 1000 shares and stock jumps to 100 ill get not much quantity but other gets 40k which looks a huge amount .Percentage though same.Amount return shown doesnt make sense
 

prst

Well-Known Member
#4
You are right.

I too recently started following this site.
on paper the tips they give look too good.
but one will realise the true picture only after trading/investing.

I have burnt my fingers on another paid tip site.had paid them 8k per year. initially some tips were good. but now the tips goes in the opposite direction :)
now stopped following any tips (free or paid).
its too risky compared to the rewards.
 

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