Founder - Burn Inves... • 2m
Why You Shouldn’t Fall for Your Broker’s Calls You get a call the broker says “This stock is going to shoot up soon trust me it’s a golden chance.” It sounds exciting right? But here is the thing most people don’t realize these calls are not really about helping you make money they are mostly about making sure they earn their commission. Brokers don’t earn based on your profit they earn when you buy or sell something so the more you trade the more they earn even if you lose in the end. That is why many of them keep calling with stock tips sometimes they will say big investors are buying or that the price will double but very few times is that actually true In fact half the time they don’t even check if that stock suits your needs or not they just want you to act fast. And if the stock goes down? They move on like nothing happened no one calls to say sorry or to explain what went wrong the next day there is a new tip a new stock and the same story again. Honestly this isn’t advice It is just a way to push trades you are not getting any special insight you are just part of their daily target. If you are serious about growing your money, don’t follow calls blindly don’t let someone else target mess up your hard earned savings listen, learn, and trust your own research more than someone else rush.
Daily Learnings... • 1y
The day you make the transaction is the trade date,brokers called it as the 'T Day.' On the T day, the broker generates a ‘contract note’ and emails you the copy to your registered email id. A contract note is like a bill detailing all your daily t
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