Technical Analysts on Television

There are a lot of people who come on television and said to be technical and fundamental analysts.

They talk about a lot of stocks and give tip to buy and sell shares.

I have a question to them:

Why buy only those shares which are already 4-5% up?

Why sell only those shares which are already 4-5% down?

They never say that buy the stock when it is 4-5% down.

Why is it so?

I have not found my answer yet.


If their analysis is that good then everyone who watches television should become rich.

So use your brains and earn money. Listen news but not expert views.

Have you ever seen Rakesh Jhunjhunwala or Warren Buffet speaking on Television saying buy this stock, sell that stock?

The people who actually make a lot of money from stocks they do not express their views to anyone.

Analysts get money for speaking but you might lose your money by listening to them.

So Be Careful before following anyone.

Comments

Post a Comment

Popular posts from this blog

Intraday Margin

Suppose you have INR 100 in your D-mat account, you can buy up to INR 500 for intraday. 5 times intraday margin is standard for every broking firm (it may vary from company to company). (Why 5 times? Because stocks have their circuit breaker at 20% ) When you buy shares for INR 500, INR 400 is paid by the broker. That’s why margin is given only for intraday. It is given for generating more and more brokerage. When you buy a share for 100Rs. Its your share, you can sell it whenever want you want to sell it. When you buy shares for 500Rs, you have to book profit or loss for the same day. That’s how people get loss from the market. And they curse market. Don’t trade on margins. Trade in your limits.
Read more