Australian Stock Report

[lukeaye]

Hi guyz,

When i first started trading years ago, i used them. and went to some of their educational seminars. found there educational tools online to be good. the seminar was ok, laid down some foundations.

But as to there actually picking of stocks and return on investment. you would probably be better off just putting all your money on black at the casino. They provide very compelling reasons to go into a trade and how to exit, but they never get anything right? a few days ago they were calling short on AWB. now from all my analysis anything other then a screaming long on that stock is just mindless. i think they do a lot of guess work, without anyone actually having much of a clue how to trade.

If you look at there returns the last 2 years i think there down about 40%. The real traders have been making great money in these conditions. not losing.

[Nero64]

I'm just following their SMS recommendations. They recently recommended Mirvac@1.29 and GMG@60c. I just use IB for buying. I don't like the glossy bucket shops like IG Markets. Their fees for GSO are killers.

I got onto the Mirvac trade and it went to 1.70 or something. I pulled out earlier though. However I liked the fact that they picked it. Volume was increasing and substantial holders were buying in. Obviously they have some researchers that know the tricks of the trade, but this won't make you money all the time.

The forex trades seem ok. Just don't overuse them like I did in the past. Half their trades will fail.

[freebird54]

Have for a while - they seem to be getting good lately but I prefer Rivkin for the SPP's and t/o plays - low risk stuff and Intelligent investor/Huntley for Market information
If you want bad news all the time try Dyer or Invest for profit;-) - at least you keep your money safe

[tgarthe]

Anyone got some updated feedback to report? I have just taken a free trial with ASR and also trumarkets. Will report back on findings.

[waza1960]

I have at least another 9 months or so with my subscription to ASR but I don't use even look at the reports any more.
Of all the money that I have spent education wise thats the money I regret spending the most.

Quote: I've subscribed for the last few years (CFD and Investors report) haven't as yet had time to trade all of their suggestions only selective with mixed results but I think there reports are great education wise and they do encourage good money management

[mr. jeff]

I cant resist adding my 2c.
I subscribe to traders report and investors report, have tried the CFD report as well.
They lose a boat load of money on their recommendations, definitely better off leaving money in the bank and paying for the honour. They are annoying on the phone, annoying trying to sell you more, treat you like you have no idea what to do in the market and PRIMARILY their fundamental analysis is about as good as I get in the fin review. (they do every now and then seem to be plugged into the rumour mill, and that can help on occasion.)

I have TII and that is excellent. thorough, reliable and amusing to read. They will write an 8 page report on one company and rarely miss a trick.

I tried Rivkin and made money from them, very good recommendations with arbitrage and everything thrown in, but expensive and I'm already wasting money with ASR. Rivkin called me up and called me stupid for not subscribing, I asked them how they could sell something by insulting me before I hand over the money! Arrogant b#@$#@ds! I tried Huntleys for 2 years, not that exciting, some painful outcomes every here and there....
ASF is better. brings together a diverse lot of knowledge on each stock, cost is low too!

Ah, feel better.
did I mention that ASR is pretty average?

[Buckfont]

I gave them the flick two years ago. I didn`t lose money, just used as a tool to do homework. I found their web site confusing and their recommendations were very widespread, more hit and miss than anything.

Finally when I ceased my subscription I felt as though I had to justify my reasons in doing so to a fairly pushy `salesperson.` That actually was the final confirmation for the choice that I made.

Not a great recommendation. I have learnt more reading and researching.

As the form guide says, track dead, better elsewhere.

[jonny77]

WARNING WARNING WARNING

DO NOT BUY THE AUSTRALIAN STOCK REPORT. I JOINED THE CFD REPORT IN MAY 2010 AND IN 3 MONTHS I LOST $7000 PLUS THE COST OF JOINING. THEY KEPT ON TELLING ME I DID SOMETHING WRONG AND WHEN I SENT MY ACCOUNT TRADES SUMMARY TO THEM TO REVIEW THEY REFUSED TO LOOK AT THEM SAYING IT WAS NOT PART OF THEIR SERVICE. THEY DO NOT EVEN TRADE THEMSELVES. THEY ONLY PLAY WITH OTHER PEOPLES MONEY. DO NOT JOIN, THEY WILL CLAIM THEY MAKE POSITIVE PROFIT PERCENTAGES BUT WHEN YOU TAKE INTO THE COMMISSIONS YOU LOSE. DO NOT JOIN.

IF YOU COMPLAIN THEY WILL STOP ANSWERING YOUR CALLS.

IF THEY WERE SO GOOD THEY WOULD TRADE THEIR OWN RECOMMENDATIONS.

Their latest claim is that they will trade for you automatically charging a fee. They also say that they made a 23% profit over the last 2 years. However in 3 months the commissions for my trades was 24% of my starting balance plus the $1500 joining fee. If you start with $10000 then add the 23% profit over 2 years that gives you $12300 dollars, minus the $1000 a year for the CFD report, gives you $10300 then minus the commissions you pay on the trades at $40 for opening and closing for 60 trades a year and the end result is $7900 net loss. To make money on the Australian Stock Report you need a miracle, not their so called expert advice.
If they were so good they would trade themselves and make money, however they only make money on joining fees and other associated costs. THEY DO NOT TRADE THEMSELVES,THEY GAMBLE WITH YOUR MONEY.

AFTER MUCH HASSLING LAST WEEK THEY REFUNDED MY MONEY, PRO RATA, BECAUSE THEY KNEW I WAS RIGHT AND THEIR SERVICE WAS BAD.