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Can we trust on tips from Stock market research One of my friends experience ::
i used to work in stock advisory firm. I''m an Indian and you question does not specify which country you belong so i will tell about India.

Major hub of adviosries are Indore, Rajkot, Banglore, Ahemdabad, e.t.c. My advisory was registered, in 10-15 min advertisement were displayed on news channel. One of the leading advisory in Indore and it also had Bonanza Service with written agreement of TRIPLE profit (Biggest trap).

now coming to your question

NO!! A BIG NO!!!!!

WHY?

Who the hell care about you? The firm only wants to generate its revenue. My firm had around 400 staff. 350+ were in sales team, less than 15 in research team. Every advisory has same story. The one who advertise on money control also. Blink!

Sales team: engg. graduates, BBA mostly 22-25 year old. Knowing nothing about market but for sure always cursing research team for 90% failed tips. Listening to customers abuses for loss.

HOW THEY TRAP YOU?

1. they ask you to register in firm with their basic services. if it cost Rs. 15000/- you may give 1000 and start your service.
Loophole: First you make payment then you register. Mostly people do not read term and condition. So payment is not refundable. You may pay 5000 for 3 day service.

2. They ask you remaining payment within a week if you don''t pay you service may stop in 3 Days. So customer think it will be benifical to pays 10000 more for 3 month service. so makes payment. Total payment = 15000/- (service tax not included)

3. then you understand that you are not getting profit which they told you as basic service has 1-2 point work. thats all. so you might get profit of 200-300 rs at max and losing also so basically no profit at all. you are depressed.

4. They give you an !dea of Bonanza Service ask you to give 15000 more so that you get written agreement for your profit, you think that i will get profit of 240000 on investment of 80000 in 20-22 days. so you may pay 150000 rs and register in Bonanza service. You are trapped.

Now they can deactivate your service whenever they want as full payment is not done. So you are asked to pay full or enjoy service for 5 days. in Total you paid 35000 for at max 15 days. now pay 80000+tax or leave your choice.

TRICKS USED
Roleplay: As services are telephonic sales so any body can become manager, a guy from account department, a guy from audit department, IT guy, a guy who pickups phone and says concerned person is in meeting, e.t.c. There is no department in these advisories.

RISK PROFILING FORM: no tip is desinged according to you. same is given to all you has investment of 2 lakh or 20k.

FREE TRIALS: given to you free just to talk

people pay also. India is full of IDIOTS. some shopkeeper from rajsthan, Gujjus, South people(they are nicest person to talk), marathis, NEW COMERS who think they can get 30% return, Buisness men, Students, retired people and list goes on.

So this is all about advisiories. Ask them if they can gove assurity they will say no (not directly).

Rest depends on your judgement.
Mostly victims are illiterate, emotional, gullible who trades through his broker.