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Australian Stock Report

Discussion in 'Trading/Investing Resources' started by Mega Rich, Jun 28, 2006.

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  1. Mega Rich

    Mega Rich

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    Hi Guys!

    Just wondering if ANYONE has used the "Australian Stock Report" system, widely advertised on Melbourne television lately!?

    Now...before anyone thinks about just running it down, without ever actually having USED it...(which has been known to happen in the past on this forum!)...can I please just have honest and truthful reports, based on EXPERIENCE of the Australian Stock Report, not based on one's opinion of how one THINKS it might or might not perform!?

    Many people have a great tendency to automatically run down anything that looks at all outside of what they percieve to be "the norm", when indeed they often have no experience of that particular thing whatsoever!

    I state this quite categorically, without fear of contradiction!

    SO...if any of you good people HAVE actually used it and can give an honest appraisal OF it...I and I am sure many others reading this, would be very appreciative of your comments!

    Here is a link across to the Australian Stock Report website, for anyone who wants/needs to know more about it:

    http://www.australianstockreport.com.au/

    Cheers: DAVE.

    P.S. And for any doubting Thomas's out there...NO, I don't work for the A.S.R. and I am not directing anyone to that "link" in order to drum up business for the A.S.R.
     
  2. same

    same

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    Re: Australian Stock Report!?

    I have a subscription to ASR, to date I have not seen any benefits flow down to me, especially to counter the cost of my 12mnths subscription

    However the past 7 weeks or so have been very turbulent and the ASR stance has been not to trade or put through recommendations till the market settles again

    On a plus side their site is user friendly and their reports easy to read.

    When I did my inital subscription I looked at other reports such as Huntley's, Fat Prophets etc, and at the time ASR had the best sell.

    It all depends on what you're looking for I guess, but dont subscribe to them thinking that they are going to tell you where to buy and make money, you need to do your own research.

    Just my :2twocents ...
     
  3. Siraitken

    Siraitken

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    Re: Australian Stock Report!?

    I have a subscription as well. I think it is good value, but only because i got such a great deal last year, and i just resigned at the same price. There prices over the last year have gone up astronomically. I'm paying $690/yr for the Daily Report which "usually" is $1490/yr. Due to it being the end of the financial year im sure they would be willing to negotiate the price, well they did for me.

    Now to the report.
    It contains lots of useful information, the tips are generally pretty good.
    It has learning guides and many of them. Everyday you get updates on a global scale not just on the local economy.

    I am only 20 years old though, and have minimal capital. So it is quite expensive for me in terms of earning capacity from it.
    I mainly use it as daily learning guide to enhance my investing skills and to see how they, "ASR" approach purchasing stocks. It has made me money but also i have lost a little. If i make money its a bonus. I wouldn't spend $1490 unless i had a reasonable amount of capital.

    Oh and another thing, dont purchase the professional pack (daily + weekly) because you have access to the same information (guides, knowledge, etc). Only difference between weekly and daily is 5 or 1 report a week.

    Hope this helps
    Cheers, Dave
     
  4. TraderPro

    TraderPro Optimus Prime

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    Re: Australian Stock Report!?


    Hey Dave,
    When I first delved into trading and I never did subscribe to any of those services. I like to experiment and analyse things myself and that's my trading style.

    What I would recommend is that you don't become a addicted to the hot tips. Probably a good exercise is to learn technical analysis, do your own analysis, then compare it with theirs then trade the stock to gain a little more confidence in your own trading.

    The downside is that you get influenced by their thinking - which may be right or wrong. (which is one of the reasons why I don't like to discuss or read other people opinions of stocks that I am trading).

    There are so many companies doing this sort of thing now... but I think ASR is definitely one of the bigger players due to their marketing tactics and teaming up with CMC markets.

    BTW my Dad subscribed on a "special package" last year. He didn't renew the subscription.
     
  5. Realist

    Realist Billie Jean is not my lover

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    Re: Australian Stock Report!?

    :eek:

    No I have not read it or seen it, but I will comment anyway. :D

    $1490 a year is extortion!!

    To make that in profit after tax and brokerage year after year you'd need $10,000 of capital invested.

    It seems a complete waste of money to me..

    One of the keys to good investing is to minimise brokerage, tax and fees as much as possible. If you are paying $1500 a year for one subscription you are obviously not doing that.
     
  6. It's Snake Pliskin

    It's Snake Pliskin

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    Re: Australian Stock Report!?

    Agree extortion.
     
  7. Ageo

    Ageo

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    Re: Australian Stock Report!?

    Well let me share my experience.


    I got the CFD report and daily thrown in.

    Cost me $3000 (call it extortion but listen 1st).

    I Allocate a certain amount of capital towards the ASR trades and so far i have made my initial outlay back plus extra in a matter of 2 weeks. So i guess that sums it up for me that it is worth it so far especially in a volatile market that we are in.

    Also the reports they give are great for some1 like me that cant be bothered to be glued in front of the screen looking for information etc.. Whole range of info and i highly recommend it.

    They have alot of info even archived so its worth its money just on that. They also trade with a capital management system (basing there trades for positive expectancy). I did the trial before hand and it doesnt even cover a third of whats available to you when you have the full subscription (To me anyway).


    So it might seem much but i recouped it by allocating $40,000 towards it and never risking more than 2% per trade (as they trade).


    They have a experienced team on board and you can check it all on the website.

    Remember they only make money if you continue to re-subscribe so it pays for them to be worthwile.

    Anywayz results speak for itself so im happy. ;)

    P.S this is just 1 of 3 the way i trade.

    P.SS they give reports on all markets in the CFD report (Australian/Overseas Equities, Commodoties, Currencies).

    Adrian
     
  8. It's Snake Pliskin

    It's Snake Pliskin

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    Re: Australian Stock Report!?

    Ageo,

    It is good to see someone do good from these reports.

    But one does not have to do this to be successful, contrary to the misconception people have.


    $3000 for info that can be gotten free?

    A positive outcome.

    ...an experienced...

    ..the results speak for themselves...

    I'm all ears. If you trade two other ways I'm interested in why you use the report as well.

    Snake :)
     
  9. It's Snake Pliskin

    It's Snake Pliskin

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    Re: Australian Stock Report!?

    Mega rich,
    How goes it? :)

    Who are they targeting?
     
  10. Ageo

    Ageo

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    Re: Australian Stock Report!?

    Of course they dont but the person was asking about what ASR is like and im giving a response :)




    Yes and no. 100yrs over experience is sort of hard to get and id rather pay for that than try to find it.



    Well i trade in indicies/sector swings (intraday). Usually i wait for a breakout and i jump on it, right now im on a materials trade.

    I also scalp (1-2 points here and there for fun) Usually involving tight stops.

    Again i use sound capital management for all my trades.

    As for why do i use ASR along side everything? well because there information is valuable to me on my other trades also. For me personally its money well spent. Thats a personal view.

    Adrian
     
  11. It's Snake Pliskin

    It's Snake Pliskin

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    Re: Australian Stock Report!?

    Adrian,

    Thanks for the explanation.
    Snake :)
     
  12. TraderPro

    TraderPro Optimus Prime

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    Re: Australian Stock Report!?


    I saw them on Sydney TV too...

    Usually that time slot is full of adult ads...

    target market = lonely single males
     
  13. Ageo

    Ageo

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    Re: Australian Stock Report!?

    heheh and let me tell you those adult ads must make a killing!
     
  14. swingstar

    swingstar

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    Re: Australian Stock Report!?

    I trialled it. It was too opinionated for me. Not worth the price IMO. I'd maybe subscribe for a few hundred dollars, but not three grand. Their sales people are pushy as well. What's wrong, not making enough trading?

    Check out Marcus Today. I've been trialling it and prefer the reports over ASR. I'm not sure if it's worth the price ($1-2k) either though.

    I might just stick to my own analysis. It seems to work for the most part.
     
  15. Bobby

    Bobby

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    Re: Australian Stock Report!?

    Spot on Swingstar',
    Just watch them ! :confused:

    Bob.
     
  16. pacer

    pacer

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    Re: Australian Stock Report!?

    Right on man....this site is free and is waaaaayyyyyyyy better than that load of bollocks,.

    Be your own man (or woman) and don't listen to idiots!
     
  17. happytrader

    happytrader

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    Re: Australian Stock Report!?

    Important point with any reporting service.

    For anyone who doesn't appreciate being told what to do and when to do it these services and other mechanical systems are doomed to failure.

    Cheers
    Happytrader
     
  18. pete152

    pete152

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    Stock Report

    Hello,
    Has any one had dealings with the Australian Stock Report? Is it worth the money?
    Any comments?
    Thanks,
    Peter
     
  19. pete152

    pete152

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    Re: Australian Stock Report!?

    OOPS thanks for moving the above post here. I searched but could not find this page.
    I have been offered a discounted price as well. But I do not know if it is worth it.
    Cheers,
    Peter
     
  20. rosie

    rosie

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    Re: Stock Report

    l too had a trial a couple of weeks ago, for the week my trial ran they were hardly in the market, they were looking to buy breakouts on a few stocks. When they told me the cost of subscription l nearly fell off my chair laughing :)
    What a joke....not for me...throwing money away if you ask me :2twocents

    Cheers.
     
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