Review of PowerYourTrade Multibagger Stock Tips Service along with hidden truth about 2000% gained stock ideas that you see on the website.
PowerYourTrade is one of the most known stock tips website among Indian investors because it is very heavily promoted on moneycontrol.com. My honest review about their service would certainly mean my account can have some trouble but I think my readers deserve to know the truth and that is more important to me than my account status in PowerYourTrade.
I opted for yearly option for combo offer of PWT (PowerYourTrade) just to make sure I am not judging their service on a very small time frame.
My Account Status
On 26th Jan 2012, my account status is as follows.
I am a member of PWT for last 90 days now and it is quite a long time for me share my review about their service. So let me share some of the key facts about the service.
The Sales Page
When you are not a paid member in PWT you are mainly driven into being a member by the following recommendations.
You see multibaggers that have gained few hundred percentages over a period of few years. Not only that if you see previous multibaggers here, you see everything green. On Jan 26th 2012 I see it as follows.
Click On Image to View Complete Screenshot
Reality of Multibaggers
Reality of Multibaggers as on 26th January 2012 when logged in is…
Click on Image to View Complete Screenshot
The obvious question that you may have – Is the first screenshot wrong? No it is not wrong. You may have not noticed one thing that makes first image correct, which is the date of recommendations by experts. If you note the recommendation date you will see that those gains are for stocks recommend in June 2011 and beyond and nothing after that. It means very few Multibaggers have done anything substantial in the current market scenario.
Many can argue that that having dates means they have the accurate information but that is also not the case all the time.
The Hidden Truth
On April 19th 2011 SP Tulsian initiated a buy call on FAG Bearings, which is up by 30% now. The reality is on April 29th 2011 SP Tulsian initiated a sell call on the same stock and so even if you purchased the stock on his call you would have sold it anyway and it means the recommendation is not at all a reality where you make 30% but as guest you only see that a recommendation is up by 30%. See the screenshot below for sell call for the same stock after 10 days on 29th April 2011.
This actually reveals the secret to gains of 2000% as well. They recommended the stock at some point and that stock is now up by 2000% but that does not mean they have not initiated any sell call in between and you can actually make 2000% in reality. There may be buy and sell call but they only show the calls they have taken some time back that has gained few hundred percentage.
2009 Multibaggers
You can view 10 pages of Multibaggers stocks recommended over time and as of today I see the following calls in Multibagger calls from 2009.
Click on Image to View Complete Screenshot
Very few have performed from 2009 till date.
Final Thoughts about PowerYourTrade
You can subscribe to PowerYourTrade tips if you understand that every multibagger stock suggestion is not a multibagger and they are just any other stock suggestion. Apart from that Hem Securities Multibagger calls are more reliable and works far better than any other calls. This is my personal experience based on some tracking that I did for last 3 months.
Update: I don’t share any stock tips and so please do not email me for any stock ideas. I am a personal blogger who let you understand how to trade and invest in market but don’t prefer sharing what stocks you should be trading in market.
mate! you just save my ass
thanks bhai…I am new in investing thought to subscribe this..and did some research..Ur blog looks genuine.
Glad you like my blog Bikash.
Excuse me please,Shabbir.You say in your blog you offer advice on right stocks to buy at the right time and at right price. I am sure you have also gone wrong some times.For some time I was a member of Saral Gyan.My experience with their recos was satisfactory.Like any one else they also were in some cases wrong.But the rights were more than the wrongs.
Ramamurthy, I don’t tell people what to buy at the right time and at the
right price but tell people how they can themselves get those right
time and right price of the stock.
So I will not tell you buy XYZ at price 100 with target of 110 within x many days but rather I will prefer telling why XYZ is good around 100 and what should be your stop loss and how I get to that stop loss and how I set the target for the same and if you miss that at that particular day, you will get the idea and apply the same to other stocks.
Shabbir,
But based on your opinion why XYZ is good the investor may act.This is an indirect way to make a potential investor to
make an investment decision.Any way forget it. Now that I have gone into a more detailed study of comments I find you are a trade consultant.Am I right? Dont you give calls about long term investments to investor like me.I have an investor horizon of of say 2 to 3 years and my expectations are 15% CAGR
No I mention that in post that it is not about XYZ company but the chart pattern it formed and what we can learn from it.
Yes I do provide one on one consultation but I don’t advertise that too often on my blog because I don’t want to be doing consultation but rather write about it on my blog that people can read and follow.
Yes 2 to 3 years is good enough time for investment but I will suggest you to atleast make 5 years as the time frame for investment and 6 months as time frame for trading. 15% is quite achievable returns for the next 5 years provided, you invest in the right stock and at the right time. I see lot of churn in stocks coming along in the next few years as well.
Very useful information,Shabbir. There is nothing like multibagger, everybody is selling something. If they were knowing the bagger they shouldn’t be selling advice on TV.
Agree with you to an extent.
Hi Shabbir, really good article…. Your articles are eye opener…
Thanks for the information sharing
Glad you liked it Jeetu.
So Hem Securities Multibagger is good ?
Not at all.
I too was member of Power Your Trade for 1 year. I never earned money. Most of the time they recommend penny stocks which nobody knows about their credentials. I would say “Multiloosers” instead of “Multibaggers”.
I too was member of Power Your Trade for 1 year. I never earned money. Most of the time they recommend penny stocks which nobody knows about their credentials. I would say “Multiloosers” instead of “Multibaggers”.
Ya seriously its a total waste of money, even i m fooled in this. None of their calls are perfect,
but now i have started earning through it, want to know how….??
JUst STart doing the opposite of the calls given by them, if u do this u will earn a lot. 🙂
Lol That is funny Apoorva.
Ya seriously its a total waste of money, even i m fooled in this. None of their calls are perfect,
but now i have started earning through it, want to know how….??
JUst STart doing the opposite of the calls given by them, if u do this u will earn a lot. 🙂
Lol That is funny Apoorva.
Nice article Shabbir. I have subscribed to PYT’s 7 day trial just now. I was planning to put some money on their calls, but after reading your post, I have decided to wait and watch.
Glad I could help Ankit. Will love to read your views on the same as well and if you could share your 7 day experience that will be awesome.
Nice article Shabbir. I have subscribed to PYT’s 7 day trial just now. I was planning to put some money on their calls, but after reading your post, I have decided to wait and watch.
Glad I could help Ankit. Will love to read your views on the same as well and if you could share your 7 day experience that will be awesome.
I took PYT technical subscription for 3 months. There were some gains initially from Mr.Vasudeo’s tips, but then he went wrong for two consecutive days, giving heavy losses.
Sad to hear that Sudheer but that is the case most of the time and it is always you who are the best person to work for your money.
loss is part of trading accept it…
follow strict rule of stop/Loss
your always earn more then loss..
Thanq for yor eye opener experiment…
hope all your subscriber get such goot financial tips for ever and ever to save their hard earned mony got loose.
thanq from the bottom of my heart
Yes Manas, I try to help every individual to the extent I could.
I too am a member of Power your trade.com. with out much success. I have lost money as a matter of fact. Some of their recommendations are note worthy.People like S P Tulsian is not giving stock recommendations.
Shabbir..
Ive had a chat with u in this blog earlier this year.. i want to say that i took a yearly subscription with the DSIJ mag.. its pure equity. & touchwood, so far, im pretty satisfied with their service and quality of recos.. till date ive taken about 25-26 of their recos.. and just 4 bonked. all others returned decent to excellent green.. most of the recos have supporting analysis.. so its easier to decide, depending on your risk appetite.
but 1 thing im utterly pissed off currently is.. the management has decided to stop the technical recos starting the present issue !! its a ploy to shift the focus to their other products.. and kinda force u to buy them as well !
nevertheless, if ur a mid-to-long investor and believe in structured wealth creation, i will recommend the dsij mag.. its good.
– Ranadhir
Dear Shabbir Ji,
I fully endorse your views & let me share my experience too.
i] No Tips provider is even 60% correct.They swing with the wind.
ii] Rajesh Tambe who claims a lot said a few years back that ‘If RIL doesn’t touch Rs.3000 by December this year—hang me on Red Ford,New Delhi’. What happend ?
iii] On last Saturday 9 Nov 2013 I subscribed Samvat Offer for 3 months @ Rs.2070 after getting impressed by Sudarshan Sukhani’s name.
iv] But I was surprised to know that it was actually a HIDDEN trap of Poweryourtrade.com.
v] Now the Newsletter of Sukhani doesn’t open and says to subscribe.This is just cheating & hoaxing !
vi] S.P.Tulsyan & few others are there just for a Show they don’t actually provide any tips to this site.
vii] When I contacted them they told me that they have a tie-up with different broking firms and they simply forward their recommendations.
What a cheating !
They are just making the readers/subscribers fool.
Regards
O.P.Singh