Tuesday, 7 January 2014

Chat Rooms and Gurus

            If you’ve seen my previous post about promoter newsletters, you’ll have an idea how the system works and how to spot possible patterns. But what if you don’t want to do all of that work or go through all of the trouble of putting in time to do the research? There are people whom you can pay to do all of this for you for a monthly fee and you can focus on other things. Well, not exactly, I still recommend that you glue your ass to the seat when you place a trade because these things like to move when you least notice so you got to get out with your profits when you can, just as you would with any stock, even the blue chip stocks.
            Anyhow, back to the topic at hand, you can head over to Profit.ly where there are a bunch of gurus, who’s programs like Investors Underground (not a fan) or Superman Picks, try to recognize the pumps and even give you access to their chat rooms where you get instant information as to what stocks they are investing in at that given moment. Timothy Syke's service is cheaper but he reserves so many short sells that it's hard to get enough shares at times depending on your broker, but it's still great. Just remember, even with their picks, you still run the risk of losing money and it’s important that you are aware of this. When going through their record, you’ll see that they tend to be good but that’s their record. Their subscribers will not place the orders at the same time so the prices they get may be different and hence the profits and losses will most likely differ!
            Before purchasing any services though, always remember to do your research first. A great place to start would be Investimonials.com where you can find user reviews on various products so if you were to type some of these chat rooms or newsletters of these gurus, you can see what users have to say.

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