my broker's tips

jdm

Well-Known Member
#13
if brokers tips were so good then they wouldn't have wasted their precious time in giving tips to poor souls like us. instead they would be too busy minting money with their own tips.

the same can be said "system" sellers, the one who promises us all with the holy grails. if their system is so good they wouldn't be selling their system. instead they would have traded on their system.

cheers,
jdm.
 
#14
if brokers tips were so good then they wouldn't have wasted their precious time in giving tips to poor souls like us. instead they would be too busy minting money with their own tips.

the same can be said "system" sellers, the one who promises us all with the holy grails. if their system is so good they wouldn't be selling their system. instead they would have traded on their system.

cheers,
jdm.
Hi jdm,

Didnt I say all that in one line below?

Cheers
 
#19
There are two types of analysts - The buy-side and the sell-side.
Buy-side analyst research is usually not made public. These research reports are used to make decisions in the interest of the firm they are working for. e.g. A Mutual fund like reliance does its own research before making investment decisions.
Sell-side analyst work for brokerages, and they make their reports public for their clients to make investment decisions.

If you understand this difference, you will know which recommendations are worth acting on and with what degree of self-study.

Also, all recommendations cannot be applicable to everyone. We all have our own reasons for investments and our own preference for risk and return.