POSTED BY June 25, 2013 10:35 pm COMMENTS (3)ON
I am a regular trader in the Futures & Option segment. I usually do my own research prior to taking any intraday or positional calls. However recently I came across several websites and brokers who offer daily trading tips via SMS during market hours. They have several packages and services for a monthly/quarterly/annual fee. The fee ranges anywhere from 2500 – 10000 per month. They also claim that their calls are around 85-90% accurate. Their websites has past performance data which is quite impressive and sometimes too good to be true.
My question is… how reliable are these websites/brokers who provide daily trading tips for a fee? Does anyone on this forum has any experience (good/bad) dealing with these websites or benefitted from their services/tips?
Would greatly appreciate your views.