To all my friends who are into share trading, I would like to share my experience with you.
I have been trading since last three years. Initially I was just visiting sites like Moneycontrol and sort off, where I was busy searching most prolific boarders post and try to get something out of it. I managed quite well to get some good investment tips and did gud profits. Every hour when I was at home my eyes were stuck onto CNBC for market info. Each and every trading hour of day, I was mentally linked to market and after some time I realized that, how deep I have been engrossed into this.
The funny part of it was that, at times even though I dont wanted to trade, I was simply checking my portfolio day in and out where it is moving. That’s the worst phase one would like to be in.
I searched on internet for some good information forums/ sites. Also got some info about some body offering market tips for a premium. I also once subscribed to "Poweryourtrade".com. A premium service offered from Moneycontrol. After a period of time, I found all those stuff bull sht. Interestingly the Poweryourtrade service was of no use for person like me. Most of the messages were a repeat of what we see in CNBC. Infact I found MoneyControl better that PoweryourTrade. Also I got to know that the people who offer tips on chargeable basis are just bluffing. My friend got badly duped into it. I just analysed there call and came to know about there strategy. They never offer frntline stock tips. Most of there tips are for scripts you might have never heard of. When we receive the tip, interestingly you will find that the script has already run up quite a bit. And the most common thing you will find is that the scripts must be running in continuous Upper circuits, whereby you will never have a chance to buy them. Hence the call may be right but you end up without buying on the reco. If at all you may be able to buy those scripts, they may run down with same pace and you end up making losses. Please never subscribe to such service providers.
My best way to select script is to watch CNBC and select the best scrip for investment portfolio. Mostly the fr*ntline stocks, which on an average give you returns of more than 30% per annum, are my best bet. And I had been benefiting from the same. And during my three year journey in share trading, I come across a wonderful gentleman called Aryan on internet searches, who earlier use to run a free investment site called " http://www.Profitfromus.com" and now he is the moderator of " http://www.theindianstocks.com"(TIS)
He is one of the most knowledgeable person in the market, I have come across. As a moderator of the site https://theindianstock.com, he has managed to keep everything clean. I will never use the word "tips" from Aryan, coz according to Aryan "Tips are for waiters". Most of the recommendations made on this site are on technical analysis. And TIS has an all around team of prolific boarders. Aryan alone is such a big Knowledge house, to add to it there are likes of Airbus who is dedicatedly offering Nifty views in the forum. There is the great Goodbrother(GB), who I think has done a PHD in IPO`s. Every information about IPO`s is available from this person. You ask him and he will be answering you all. I will never forget the great ppgupta. Guptaji is called the king of Penny Stocks. All PennyStock Investments advised by him are wonderful. I had been benefited a lot from his reco. Add to it, there are many boarders whose names if I write, the list may go long. For those who are interested in day trading, the site also offers a daily Chat, where Aryan offers day trading reco. Here one thing you have to do is just log in into the chat and keep watching. Its not just other chat to share your views. Here you need to have patience and trade as per recommendations from Aryan. Come across and you will know what I mean.
I personally recommend you to subscribe to https://theindianstocks.com. And one more thing, the site and all the valuable information you will be having is totally free. Off course there are some etiquette you need to follow, which are clearly mentioned on site. Frankly speaking, I have lots of regard for this site, and given a chance, I can go on and on writing about the likes and advantages of being a TIS ian. For the time being you can yourself visit and experience.
Happy Investing .