do you take your brokers calls ?

#1
global broadcasts , tickers etc running on the terminal .. ``buy so n so @ X with target of y in 2-3 days`` .. as an example .. i would like to know if anyone made good money like this .. after all , it is a business for them and they want to earn money .. or is it really that easy to earn taking the brokers call ? .. curious ..
 

Raju

Well-Known Member
#2
Earlier when I was new , yes I did take..But later on Nope..I am trying to analyze myself...
 
#3
global broadcasts , tickers etc running on the terminal .. ``buy so n so @ X with target of y in 2-3 days`` .. as an example .. i would like to know if anyone made good money like this .. after all , it is a business for them and they want to earn money .. or is it really that easy to earn taking the brokers call ? .. curious ..
Hi Gaurav,

The only good thing I find trading broker's tips is I can blame the broker if the position goes against me :D

-Vairam
 

krishna23

Active Member
#4
brokers give calls because they want u to trade...the more you trade the more money the broker makes...
 
#5
Yeh when i started my career I used to take brokers tips, oh rather say that broker was able to force me to act on his tips ! and I was handicap........knowing that these tips are not worth and knowing the fact that I should never take tips from brokers I dont know what was wrong with me I used to act as per brokers instruction and by the time I was awake from this nightmare it was too late ...already lost 2 lacs ......

Before venturing in stock market I knew that I should be away from brokers advice, I know that I shoudl not reply or take brokers advice,I heard from many seniors that they lost coz of broker....but even then I dont know how I gave up and the broker was able to rule me.....

I am still with those bad memories...dont know how to forget those bad memories.....

My broker used to argue...force...me to trade ...and i gave up easily...now I realise that i should have stoped trading with him and should have gone to other broker.....but my real problem was FEAR that the broker may not release my fiunds......:( ...in case if i withdraw funds all at a time he may argue that why I am leaving........so in the whole process I lost......

Anyways man learns from his exp....yeh that exp was very expensive...2 lacs....:( i have learnt that art of negotiation....communication after that and now I am very very comfortable....

Now I frequently communicate with my existing brokers on matters related to brokerage and various issue...earlier where I used to fear ....my fear has totally vanished...now i easily argue with broker...give me this brokerage rate or ur competior is waiting :)