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What do you think of this stocks alert and recommendations mailing list?
01-27-2013, 05:29 AM
Post: #1
What do you think of this stocks alert and recommendations mailing list?
anybody subscribed with Martin Hutchinson?
In a nut shell, he gives recommendations to buy international stocks of different companies that are promising to have incredible amount of ROI, up to 2400%.This service costs 695$ a year. I'm afraid it's scam!

here is the link:
http://ads.moneymorning.com/www/delivery...tp%3A%2F%2

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01-27-2013, 05:37 AM
Post: #2
 
It more than likely is just a scam. If the recommendations are so good then why would he need to be selling the recommendations instead of acting upon them.

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01-27-2013, 05:37 AM
Post: #3
 
I agree entirely with the other answer. Two things should always raise alarm bells:

1. The first question anyone should ask is this: "If your results are so good, why are you not acting upon it yourself?". If the person does not trade themselves - this is an automatic disqualification. No reason they give you should be good enough.

2. Anyone promising double digit annualized returns (i.e. anything greater than 9.9% should automatically go onto the suspect list. The worlds top investors (Warren Buffet, George Soros etc to name a few), have "only" managed around 20% a year.

if you apply the magic of compounding to a sum of money, you will be amazed at how quickly it grows at even 20% per annum. You will then see why no one in their right mind will offer you USEFUL tips that can make you more than 20% per annum.

Anyone who is talking about anything more than 20% per annum is either:

i. taking on far more risk than they are disclosing
ii. probably doing something illegal


There is no quick way to riches fro0m the market (like in most things in life). if you want to succesfully and consistently make money from the markets, it takes work and time. that does not sound glamarous and it sends of weaker minded and lazy people straight into the arms of scammers who promise unrealistic returns or some "secret" market formula.

If you are not work shy, and want to learn how to THINK for yourself and create your OWN trading and investment strategies, you may join as on Tradepoint (http://www.trdpoint.com), where you can meet like minded self directed traders and investors. You may also follow me on Twitter @neilosb. I have recently started a series of blogposts for self directed traders and investors. Although the first few posts are basic (assumes no knowledge of financial markets), the objective of the posts are to Create a free online repository for self directed traders and investors to learn how to create their OWN research and trading/investment strategies.
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01-27-2013, 05:37 AM
Post: #4
 
The claims are ridiculous. The best "stock pickers", know by the trading community never make claims like this... they know better.

Over the years I've used many stock alert services. I found that none of them work for me or anyone else. It's not that the stock pickers are necessarily bad...... It's just that no one else can duplicate someone else's work.

The typical stock picker doesn't tell you what's a good price to get in, how much to invest (relative to your portfolio), where to put a stop order, how to trail the stop order and when to exit the position. These factors are always more important than the stock pick itself.

Until you understand that trading money management is the "key" to successful trading.... you'll never do well... with your "picks" or someone else's.
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