Experience of a Layman-Genuine Analyst
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Genuine Analyst
With the various changes /wild swings of the market that have taken from last Oct when there was a P notes issue ,then the huge fall in January and then the market going into a Bear market and to add to the injuries that last three weeks of continuous downfall most of the layman investors and the traders must have lost money and not little money but lots of money … one of the news channels was even showing that one of the four patients that go to the psychiatrist is depressed because of the share market The so called analysts have most of the time not been able to read things and in spite of charging healthy service fee have not been able to save the clients and the sad part is when the client loses money [ Big money ] and every time most of them say we will help you recover but hardly anytime makes any attempt
No analyst can be 100 % perfect and that’s understood and acceptable but if one can have a average of above 70-80 % accuracy even then the job is well done but things are reverse … My experiences with lots of the analyst
1.They have a big echo problem to accept that even they can be wrong and when they go they blame the market …. Very funny explanations given of why their calls went wrong bottome line will be they will be blaming the market … a easy way to get away
2.When they charge a service they should give a basic training on how to trade ,how much to trade in each trade,pros of corns of trading in cash/stock futures ,option trading etc but no one gives … most of them are focused on their service fee and sadly they just dnt care about the clients
3. They have to have conscious that they are charging a service fee so the attempt should be help clients make profits ,recover losses if any …. The basic thumb rule each the analyst needs to have to help protect capital and at the right opportunity help making profits but hardly anyone sincerely follows this
4. 9 out of 10 times most of this analyst say we will help you recover losses but no one cares ,the client is left in the desert with no water
Clients need to understand rather than looking for quick Money or Free tip options better to get associated with genuine analyst who trades himself in his trade ,is interested in his clients capital protection and has help making profits
Till the middle of next year /end of next year its going to be more of trading market and even if we invest we need to understand/ learn when to enter and when to exit and both of this has to be done with proper guidance ,if done with guidance the lost money can also be recovered and more money can be made
FOLLOW ONE BASIC RULE – TRADE WITH STOPLOSS AND TRADE /INVEST ONLY 20 % of the total capital that you have and of course trade/invest under guidance.
Thanks to Mr.Chetan Tanna
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