Welcome To ShareTrader Links
Professional Tipsters
Home
Disclaimers
Traders Bookshop
Getting started
BROKERS
Trading Plan
Finance News
Gold
Pro Tipsters
Fundamentals
Technical Analysis
Bear's Page
Charting Software Basics
Charting on the Web
Data Providers
Charting Under $500
Charting Metastock
My Metastock Addons
Metastock Addons
Specialist Charting over $1000
Options
Spec Share Options
Building Wealth
Astro Trading
Gann
Elliot Wave
Turtle Trading
Fibonacci
Cycles
Chat Sites
Words of Wisdom
Fun Stuff
Point & Figure charts
Contact
Perth Tuition
Swapmeet

Pro Tipsters....the new breed.

 

In the beginning there were brokers, a fine knowledgeable body of men who provided sound financial advice to their clients. Unfortunately one naughty broker.....we shall give him the code name Pink Fluffy Bunny so as not to get sued......was a tad naughty one afternoon and advised all his B and C list clients to buy all the sick dog stocks he and his A list clients had got cheap in a placement..... just before they fell in a nasty smelly heap.

 

At the same time as this bit of bother got in the papers, internet trading came along so lots of B and C list punters went "Bugger this I can trade for $20 bucks a throw now up yours Mr. Broker I'm off to the internet" Once given their freedom they took their advice from each other in chat rooms. They bought stocks on the advice of chat room gurus. Strangely enough one of the busiest chat room gurus went by the nickname of "Pale Red Cuddly Rabbit" who it later turned out he and his mates were getting cheap stocks in placements and ramping them to buggery by talking to all his other nicknames on the chat site. This even bigger smelly heap was called the tech wreck.

 

Out of this was born the professional tipster. the idea being, that trader who perhaps doesn't want to spend 2 hours a night on charts and watch the screen all day can pay a modest sum to some guys who know the game and still save on brokerage.

 

Now the pro tipster will claim that brokers rely on commissions from companies as well as transaction fees from punters, so could have conflicts of interest. The tipster is independent and free to tell it as it is.

 

As a balance to this you should ascertain that the tipster you are subscribing is truly independent  and declares all trades in stocks he is tipping.
 
I have listed 3 companies here.
 
Marketmad and Fat Prophets.... Leaders of the new breed run by licenced professionals, track records up front on display.
 
Huntleys.... Been around for a long while possibly a bit more conservative.

Using Pro Tipsters.
 
  • Some tipsters tend to shout about their wins and whisper their losses.
  • Ask to see past calls..... warts and all 
  • A good tipster will be confident enough to give you a trial period.
  • Try before you sign up for a long period.
  • Make sure the tipster covers the sort of stocks that meet your investment needs.
  • Do not expect them to be right 100%, if they were they would be lying in the sun in Barbados under a posse of supermodels by now.
  • In trading 60% right with good money management and tight stops makes money. So if you are only getting 30% with the dartboard method then it may be worth considering.
  • Any tip should be confirmed by your own research, and not be taken as gospel or financial advice.
  • Nobody can actually foretell the future 

 

.

Featured Pro Tipsters
 
MARKET MAD
 
 

Enter supporting content here