Australian Stock Report

[2020hindsight]

Re: Australian Stock Report!?

Right on man....this site is free and is waaaaayyyyyyyy better than that load of bollocks.
1. Be your own man (or woman) and
2. don't listen to idiots!

Pacer - what about my case - If I follow part 1 of your post then I fall foul of part 2.

being serious a second. ASR XX ( not ASF Lol) claim to achieve 50 to 80% per annum !! I wonder how often they are challenged to show this on the books. What we need to do is quantify the performance of
a) ASR versus
b) ASF , i.e. the average performance around here.

for
c) traders and
d) investors

Just to find out how the average punter goes around here would be well worth the while imho. But should be carefully set up, and I think I'll leave that to the experts - assuming I can get em interested

 

[Out Too Soon]

Re: Australian Stock Report!?

It's prob been said already but here gos, pay me the $1450 & I'll give you better tips. I went to their site, wasn't impressed by much, now I get their free spam mail & it's not much use either. If your going to pay for advice/tips you might as well invest in a fund & leave it to them. Everyone's different but I'm enjoying investing/ trading, pitting my lack of expertise against the so called professionals. After 17 months I'm beating them.
For the final cliche' & I truly subscribe to this "if their tips/ advice are so good then why don't they profit by using it rather than selling it."

 

[stevo]

Re: Australian Stock Report!?

Dave,
Whilst I have little experience on ASR there are a couple of guys that subscribed at work. I won't make any comments on this approach since I don't really know enough about ASR but I will ask them how they are going. I have my own approach to the market.

$1490 a year is extortion!!

This sort of money is quite irrelevant if you make good money from an approach, although obviously for the smaller trader it does eat into capital. If I was playing with less than $50,000 I would be cautious about committing this sort of money to a Report. Homework is definitely required. Have you looked at any of Alan Hull's weekly information? Last time I looked it was much cheaper than ASR and would fit into my approach to the market better. I also read his book - Active Investing.

It appears that they have a free trial so ... try it! I have spent much more than this on books and software as well as countless hours in continuous testing and retesting.

for the week my trial ran they were hardly in the market, they were looking to buy breakouts on a few stocks.

A week is such a short period! Not taking a position in the market could be exactly the right advice.

What would be good for anyone investing in something like ASR, or any other approach to the market, is to get some statistics on past performance - at least 3 years would be good. The problem is determining if the statistics are verifiable. As always past performance doesn't guarantee anything, but it's a lot better than no performance statistics.

regards
Stevo
http://drawdown.blogspot.com/

 

[rosie]

Re: Australian Stock Report!?

for the week my trial ran they were hardly in the market, they were looking to buy breakouts on a few stocks.


No it's not Stevo... after a weeks trial they wanted me to part with my cash, not for me thankyou!

Cheers.

 

[The Mint Man]

Re: Australian Stock Report!?

Sounds like people are unhappy with ASR!
I got a free trial just to see what its like about 3 weeks ago, about 2 days into it without much chance to have a good look I got a call from a sales guy at ASR.
I told him that I have hardly had the time (2 days) to have a look and that I am looking into a few other report services before I would make any dicision to part with my money. I asked him how much longer my trial had to go and he said 'a few days'.... so I told him to give me a couple more days to at least get a decent look at the report.....
Overall I found the sales guy very pushy, basicall asking when I would sign up to their service even after I had told him that ASR was not the only one I was looking into and that I was only a couple of days into the trial
Anyway, trure to my word when I got home (10 min later) I jumped onto the computer and tried to log into the ASR trial but what do you know??? my trial had been terminated, Surprise surprise. Seems they must have had the ****s that they have competitors that I am also checking out and that I wouldn't parts with my money there and then while at the servo getting my BBQ tank filled :fu:
However this week I started getting emails from them saying that I had a free trial.... Im deleting them. Pole smokers!!!

cheers

 

[onkos]

Re: Australian Stock Report (Tipsheet)

I used it for a year; every tip I followed lost me money big time. When I refused to renew, I kept getting phone calls with bigger and bigger discounts. I suspect they are desperate for (at least repeat) business.

Advice; don't touch with a bargepole.

onkos

 

[The Mint Man]

Re: Australian Stock Report (Tipsheet)

I suspect they are desperate for (at least repeat) business.

Advice; don't touch with a bargepole.

onkos

Im getting the same impression after receiving these recent emails about my free trial with the heading, Last Chance, or something along thiose lines.

 

[stevo]

Re: Australian Stock Report (Tipsheet)

I don't suppose anyone has tried to verify their results at http://www.australianstockreport.com.au/dsp_trading_performance.cfm

Someone who already subscribes should be able to look at the hypothetical trades and determine that the info was given in enough time to act upon and that the entry and exits mentioned were obtainable in the market.

Stevo

 

[stevo]

Re: Australian Stock Report (Tipsheet)

I put their results in a spreadsheet and found that some of the trades were exited before they were entered! The shortest trade was minus 360 days - very puzzling.

For instance IBA was bought on the 23/11/2005 and sold on the 19/01/2005. I haven't checked the buy and sell prices but these sorts of errors don't inspire confidence. I could assume that it is a typo.

This issue aside they have 417 trades recorded with a win loss ratio somewhere around 2.5 (depending on brokerage) which isn't brilliant, but if verifiable isn't too bad. But further verification would be good - did they really recommend the buys and sells at the times given? It would also be nice to know a little more about position sizing.

Stevo

 

[2020hindsight]

Re: Australian Stock Report (Tipsheet)

I used it for a year; every tip I followed lost me money big time. .... onkos

Just a quick note.
I bought ASR the Friday before this post
Then I saw onkos tip above - foolishly I hadnt checked here for any "past experiences" first. This was what I was looking for - i.e I shouldnt have bought in.
Reasons it would have suited me involve the fact that I'm busy at work, and I can't follow rates during the day.

Anyway. I bought on the Friday. ($1190 for 15 months as I recall). saw this post on Mon 20th, then rang them to cancel next day. They said to put it in writing. (email address). I did so stating I would like to exercise my rights under "cool off". No word. Then last Friday I asked them to confirm they'd received my request . Again no word.

Had they responded in a professional manner, I may not have dobbed them in like this - I mean people who change their minds ( like I did) piss me off as well - but ... not sounding too good.

 

[new girl]

Re: Australian Stock Report (Tipsheet)

1-

I bought ASR the Friday before this post
Reasons it would have suited me involve the fact that I'm busy at work, and I can't follow rates during the day.

Hello dear friend, a wonderful man once said: “well when you know next to 2/3 of 3/5 of very little about shares…..”. and as you know, I know bugger all about shares, so I purchased the Wise-Owl Equities Report early this year (less than $1000). I found it beneficial but I was busy like you and eventually decided to switch to a full service broker.

I came across this great post by BSD from another thread "can full service brokers give you better prices" which really sums up my experience with the broker I currently use:

Starting from the proviso your broker is actually good (there are some) - I would make these points:

Execution via FSB will generally be better for clients not looking at a screen all day, in illiquid stocks or for large parcels. Plenty of ugly things happen to those orders left in the market in the early morning for investors going to work. You only need one dud order taken advantage-of post a Notice Received or Newswire rumor to have paid for a year's FSB brokerage.

In executing large or illiquid lines, having a broker finding demand by having instos and other clients on the other side to call to help execute a chunky line certainly gets better outcomes than sitting at home iceberging an order for days.

Unless you are in and out all the time, for small lines in liquid stocks - execution (and $100 for that matter) shouldnt really matter.

In options, I reckon execution is **** regardless of having a broker or not. The liquidity remains garbage and market makers are swine.

In my view, brokers really pay their way on information and deal flow.

Good information makes you more money than a 1% fee.

Even for a switched-on investor - a good broker should be able to bring to your attention many opportunities for profit. ie. when big sellers holding down a stock are finished, information gleaned from briefings/conversations, macro economic news, rumors aplenty, ideas relating to off-the-radar small stocks and trading ideas that may have instos behind them (on the same team!).

Plenty of good stuff gets traded off the wires and it takes a good broker to see the opportunity and call their best clients.

The social network of a good dealing floor is extensive and a clearing house of information cannot be matched by sites like this.

Some may be able to link you into good tax/structuring advice too

Deal flow is the real bonus though, for decent sized accounts.

An allocation in good placements and IPOs can make clients a multiple of their brokerage and management fees in a day. Getting set in WTF for instance at $2.10 would have earned a lot more than saved $100 or 1% tickets.

2-

Had they responded in a professional manner, I may not have dobbed them in like this.

Same goes for PMs, don't you think?

 

[2020hindsight]

Re: Australian Stock Report (Tipsheet)

and as you know, I know bugger all about shares, so I purchased the Wise-Owl Equities Report early this year (less than $1000). I found it beneficial but I was busy like you and eventually decided to switch to a full service broker. ...I came across this great post by BSD ....
Same goes for PMs, don't you think?

thanks friend. Yep I'll check it out. - and sounds like you could be right

I just get the feeling that the next 12 months are gonna need more skill than the last 12. .

Having said that, I still contest that figure of "97% of traders lose". Try going to the casino, and betting on green as against red or black same odds. 1 in 37. I reckon 50% of punters in here are winning, - at the moment at least. Next year? who knows?

As for making a new mistake every day , lol - I am travelling at the moment and would you believe it I couldnt take my own advice this morning (posted on the "zinc the metal for 2006" thread) to set a stop and buy in again this afternoon - because (error #136829) lol -because I'd left my trading password at home. - might've avoided 4% that CBH dropped during the day.
adios amigo

PS as for the PM - he'd just tell you to buy TLS lol. Shows you how much he knows

 

[new girl]

Re: Australian Stock Report (Tipsheet)

thanks friend. Yep I'll check it out. - and sounds like you could be right

I just get the feeling that the next 12 months are gonna need more skill than the last 12.

Having said that, I still contest that figure of "97% of traders lose". Try going to the casino, and betting on green as against red or black same odds. 1 in 37. I reckon 50% of punters in here are winning, - at the moment at least. Next year? who knows?

As for making a new mistake every day , lol - I am travelling at the moment and would you believe it I couldnt take my own advice this morning (posted on the "zinc the metal for 2006" thread) to set a stop and buy in again this afternoon - because (error #136829) lol -because I'd left my trading password at home. - might've avoided 4% that CBH dropped during the day.
adios amigo

PS as for the PM - he'd just tell you to buy TLS lol. Shows you how much he knows

Well, well.....

1. it's too early for adios amigo
2. If you want the name of my broker I can PM it to you (but I expect a reply this time), he is really good! having a FSB will give you more time to write poetry and that will make me happy as I am officially addicted.
3. the next 12 months are very important, if gold price keeps going up, it's good to be in the right stocks to cash in.
4. I agree, betting on green is very hard, even impossible, but we should enjoy trying
5. I don't get TLS and he should be kind and tell how much he knows

 

[watsonc]

Re: Australian Stock Report (Tipsheet)

Hi all,
Is the Market Bulletin subscription on comsec for free, or is there a charge?

thx

 

[scsl]

Re: Australian Stock Report (Tipsheet)

Hi all,
Is the Market Bulletin subscription on comsec for free, or is there a charge?

thx

I'm pretty sure it's free. Also worth signing up to is Commsec's 'Research Insight' - which is supposedly what Commsec's institutional clients receive.

 

[pete152]

Re: Australian Stock Report (Tipsheet)

I'm pretty sure it's free. Also worth signing up to is Commsec's 'Research Insight' - which is supposedly what Commsec's institutional clients receive.

Where do you sign up for these research papers?
Thanks,
Peter

 

[porkpie324]

Re: Australian Stock Report (Tipsheet)

Why not try getting the 'Bulletin' magazine, then read the 'Speculator' collumn. I've been following David's tips for about 5 years now, I've had some great gains IGO, MCR, AGM, CBH to name a few, I don't buy them all but its a great starting point for research. You also get to read a good current affairs magazine. As they say its on sale at all good news stores. Porkpie

 

[scsl]

Re: Australian Stock Report (Tipsheet)

Why not try getting the 'Bulletin' magazine, then read the 'Speculator' collumn. I've been following David's tips for about 5 years now, I've had some great gains IGO, MCR, AGM, CBH to name a few, I don't buy them all but its a great starting point for research. You also get to read a good current affairs magazine. As they say its on sale at all good news stores. Porkpie

I agree. I get the Bulletin weekly and it's not just the business articles that are of top quality. And from week to week, the 'Speculator' has had some magnificent gains. The column really has opened my eyes to the smaller mining stocks. And I'd be very surprised if David isn't able to discover any more little gems.

Peter, once you log into your Commsec account (Research Insight is free, but only for those that have Commsec accounts), go to 'My Profile', then on the top menu bar, choose 'Preferences' > 'Subscriptions', then enter your email under the Market Bulletin section.

 

[pete152]

Re: Australian Stock Report (Tipsheet)

Peter, once you log into your Commsec account (Research Insight is free, but only for those that have Commsec accounts), go to 'My Profile', then on the top menu bar, choose 'Preferences' > 'Subscriptions', then enter your email under the Market Bulletin section.

Ok thank you , I shall go look.
Cheers,
Peter

 

[mb1]

Anyone subscribe to Australian Stock Report?

Hey guys, anyone on the forums here subscribe to the Australian Stock Report?

Id like to hear your thoughts and opinions?


thanks