1. I have seen a number of analysts appearing on the television and claiming to the fact that their tips is most authentic, researched and also claim it as the best available tips but I have observed their paid tips and found that it is very difficult to make money with them day trading as their stop loss is so wide that if an average retail investor follow those tips he/she will be definitely be poorer by a few thousand rupees.
2. In case they have any insider information than that stock appears almost skyrocketed at the very first trade of the day and by the time a retail investor order reaches through the online platform the stock has already hit the high of the day.
3. However if a person buys and applies stop loss than it is definitely hit for a retail investor and it is actually a retail investor who is paying them heavily for their so called researched tips.
4. If you ever intend to follow them than do consider the pros and cons as listed above to make a profitable trade.
Should You Follow Analysts Appearing in Television?
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