I subscribed for https://10paisa.com and https://midcaps.in
I thot lets see how profitable it is?
Most of their recomendation is from the stock market boom, when everything is moving. I dont know how many people catch the bottom and the top of their recommendations.
They give a target of 2 months, and the stock moves generally after 2 months. when their stock crashes they crash the most.
Most of the stocks are from the bad category. so if these stocks move 20% the better earning companies move 30% plus they are safe too.
If the stock crashes than it will take ages to recover your money.as compared to a better quality stock.
Its good for people who are swift traders, people who can devote 100% time to the market. People who are happy with 5-6% gain and people who are madly into trading, people who are least bothered about brokerage charges, and short term capital gain. shud try out.but remember.after paying short term capital gain and brokerage will reduce profit more.To be honest I have booked not more than 10% profit.tats the max I was able to.but maybe m not a swift trader.
people who have free time and whoa re into full time market.people who are into buying and exiting .it cn be a good time paas
For people who work.who in offices, who are new.its a bad idea.