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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Stock brokers - Never gives advice, but calls to tell to settle credit...

Stock brokers - Never gives advice, but calls to tell to settle credit...

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ISURU


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@ROHAN wrote:My broker always advise me not to buy on credits lol!
Yes my broker too. Is that Asha phillip?

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics
@ROHAN wrote:My broker always advise me not to buy on credits lol!

What so funny Rohan?

wolverine


Stock Analytic
Stock Analytic
@ROHAN wrote: Evil or Very Mad Asha philips chaterma ewn,,,,hotline eketa aran Technical ekata trancer karama eke inne shemale ekek,, melo rahak na,,,branch manager idan okkoma ekai,,
lol!

crnsuranjith


Senior Equity Analytic
Senior Equity Analytic
Dear Friends,

This is my first post and I am just beginner and new for this forum. Please I need your kind advice about good broker company to start. These days I am learning hardly about CSE. I have read most of your comments and I appreciate and willing to stay and see more advice from you. Thank you all  !!!!

nis2010


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@nahsuk wrote:A friend of mine told me that AP brokers only deal with multi millionaires not with poor investors.When investors hope advises from them they're blame.
most brokers at the very first , they are the most friendliest brokers in the world. but after they realized that you are a  retailer, they don't care about your investments.other thing is they treat us like that, we get advises free of charge. this is Sri Lanka, never changes.

Mr. Belfort

Mr. Belfort
Manager - Equity Analytics
Manager - Equity Analytics
believe me. it is always better to take decisions by your own. some brokers, when you are relatively new and apparent that u do not know the game, will definitely play you pawn. consult them - most of the time they won't give you a proper answer -  but do not 100% rely on them.

Recicash

Recicash
Manager - Equity Analytics
Manager - Equity Analytics
@crnsuranjith wrote:Dear Friends,

This is my first post and I am just beginner and new for this forum. Please I need your kind advice about good broker company to start. These days I am learning hardly about CSE. I have read most of your comments and I appreciate and willing to stay and see more advice from you. Thank you all  !!!!
Please follow "MY ADVICE CRN" Tropic today

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@uditha9 wrote:i think we should get together and hammer this up bugger without any interval.since market is coming down we have nothing else to do also. .
Very Happy Very Happy Very Happy

Daniel260476

Daniel260476
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Recicash wrote:
@crnsuranjith wrote:Dear Friends,

This is my first post and I am just beginner and new for this forum. Please I need your kind advice about good broker company to start. These days I am learning hardly about CSE. I have read most of your comments and I appreciate and willing to stay and see more advice from you. Thank you all  !!!!
Please follow "MY ADVICE CRN" Tropic today
you don't need brokers to tell you what to buy, if you follow this forum carefully you can make money without a brokers advice, most of the brokers will bankrupt you, they are very good at unloading there shares to there clients, so be wise and follow reputed seniors in this forum and also give credit to this forum if you do become a millionaire  Very Happy Very Happy Very Happy Very Happy Very Happy

perennialbull


Stock Trader
can someone please advice me on what to do with JKH 22, to sell or hold till it goes up again?

Recicash

Recicash
Manager - Equity Analytics
Manager - Equity Analytics
@Recicash wrote:
@crnsuranjith wrote:Dear Friends,

This is my first post and I am just beginner and new for this forum. Please I need your kind advice about good broker company to start. These days I am learning hardly about CSE. I have read most of your comments and I appreciate and willing to stay and see more advice from you. Thank you all  !!!!
Please follow "MY ADVICE CRN" Tropic today
I have posted My Advice to CRN. Do not hurry buying shares follow and gt advice from our EXPERTS. Opens CDS/Bank a/c, wait for buying another week or two.

Senior Citizen

Senior Citizen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Stock brokers never give SOUND advice.
They only make a sound when they have already bought plenty of shares and now want to dump it on the poor customers.

Then they are very interested in the customer!

crnsuranjith


Senior Equity Analytic
Senior Equity Analytic
Thank you all, daniel, Recicash and Mr. Belfort,

Thank you, yes, How we can trust these advisers, as daniel said they can unload their shares to us also they can do anything they want because I have no experience and new to the trade. so As you all advice I will take little bit time and learn with following on this forum. 

* can broker buy or sell shares without informing me on my a/c?
* if I deposit some money to my CDS a/c and wait for buy shares for some days (like one month), are they giving any interest on that?   

I appreciate your help and I am having lot of question at the moment but let me read and follow the forum, may be I will find some answer here. I wish you all,, have a nice weekend !!!!



Last edited by crnsuranjith on Fri Jun 26, 2015 8:45 pm; edited 1 time in total (Reason for editing : incorrect of the member name on top.)

Ryan Hudson


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
whats the best credit percentage ? 10% max

Mr. Belfort

Mr. Belfort
Manager - Equity Analytics
Manager - Equity Analytics
@crnsuranjith wrote:Thank you all, daniel, Recicash and Mr. Belfort,

Thank you, yes, How we can trust these advisers, as daniel said they can unload their shares to us also they can do anything they want because I have no experience and new to the trade. so As you all advice I will take little bit time and learn with following on this forum. 

* can broker buy or sell shares without informing me on my a/c?
* if I deposit some money to my CDS a/c and wait for buy shares for some days (like one month), are they giving any interest on that?   

I appreciate your help and I am having lot of question at the moment but let me read and follow the forum, may be I will find some answer here. I wish you all,, have a nice weekend !!!!

Answer to the first question is NO. And this is a very good question. You must make it clear to the broker that without any instructions from your side, the broker shall not touch your holdings. If he is already doing it, tell him firmly but diplomatically, not to do so. It is a regulation and if it's being violated, You have every right to file a complain to the higher management of the broker house. Hope our forum experts add something more to this.

Second Answer is also NO. The money just sit there and wait.

crnsuranjith


Senior Equity Analytic
Senior Equity Analytic
Mr.Belfort,

Thanks for your answers.  It is very clear now. 

Cheers !

Daniel260476

Daniel260476
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
first thing monday morning send a email to your broker stating that all correspondence relating to shares transaction will be instructed to him buy email or sms. that way you will always have records of your correspondence relating to your portfolio transactions.

be strategic and polite in your email, you don't want to piss him off. it is not a good idea giving instructions to brokers verbally by phone. it should always be a email or sms. and save your sms to him on a SD or some sort of storage device. 

good luck.... Very Happy Very Happy Very Happy Very Happy

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