This Content Is Only For Subscribers
Why would someone provide money making ides at free of cost? In other areas of life, so you get any quality products or services for free? Of course not. Nowadays, you even need to pay for pure drinking water. From watching moves to reading the newspaper, everything come at a price. Occasionally, retail chains offer free gift vouchers, why? Their motive is to bring back their existing customers for higher value shopping.
Tune into any business channels and you will revive dozens of free trading tips each day. Your broker is also eager o provide free trading tips. Dozens of list of free trading tips provides would be websites offer free trading ideas every day. You can find tips on Facebook, Twitter, WahtsApp, Trigram groups and many more. The list of free trading trips provides would be very long. None of them are doing charities. None of them wants to make you rich. Let’s have a detailed look at their motives.
Many operators provide free trading tips after offering the same to their paid clients. Thus, stock prices are manipulated which helps only their paid clients.
Suppose I have two websites. One is for providing tips to paid clients and another for free clients. Over, clients do not know that both websites are operated by the same person or entity. So, what I am going is offering tips to my paid clients first. After their purchase, I am distributing the same to free subscribers while free subscribers buy the same stock, the price moves in an upward direction. At the same time, I am recommending profit belong or exit call to paid client. Thus, free subscriber get stock at the top. So, my paid subscriber are getting a good return at the cost of free clients. My motive is to collect more subscription fees from paid clients. This one can easily manipulate the price of low volume midcap and small cap stock.
Operators often offer free tips, just to have a smooth exist at a hefty profit. What follows is a real life example. Trading volume was very high on both the days and the stock price had jumped significantly. The pattern suggested that the operator had sent the same SMS to thousands of retail investors and money of them purchased the stock. So operators were selling stock and simultaneously sending an SMS to thousands of retail investors to buy for a guaranteed target of doubling their money.
Over the next 10 days the stock went into a free fail state and the price reached below unaccepted level. There were no more buyers left and as result, it got stuck at this low rate. Thousands of retail investors lost around 90% or more of their investment and expressed their anger in the money control forum.
If you want to see for yourself, check out the historical data from the website, check out money control message board discussions. You will find the proof of this entire episode and see now thousands of innocent investors were tapped into losing their hard earned money. Nobody is there to save them. With the advent of mobile phone and internet such practice are common. Be careful the next time you receive a similar communicational.
