Free Intraday Tips vs. Stock Advisory: What Works?

Every morning, your WhatsApp goes “ping” with a message: “Buy XYZ at ₹215, target ₹225 – SL ₹210.” You might think, “Cool, free tips for trading. Let’s make some quick money today. Does that sound like you? In India, lots of people start trading in the stock market by following free intraday tips from Telegram groups, YouTube channels, or random “experts.” But here’s the big question: Do these tips work? Or is it better to use a stock advisory service that you can trust? Let’s figure out what’s just talk, what’s useful, and what can help you become an expert trader. 

What Are Free Intraday Tips?

It’s a helpful suggestion for trading stocks or indices that people share for free. Here’s what they usually include:

• A buy or sell level

• A stop-loss (sometimes)

• A target price

You can find these tips in places like: 

• Telegram channels

• WhatsApp messages

• YouTube live streams

• X (which used to be called Twitter) threads

The best part? You don’t have to spend any money, but be careful, because sometimes you might lose money later on.

Why Do People Like Free Tips?

Let’s know it, everyone loves getting things for “free.” This is especially true when you’re just starting with free intraday tips and trying to learn the ropes. 

When you get free tips, they can make you feel: 

• Excited when a trade goes well

• Worried that you’re missing out when others are making money

• Hopeful that you’ve found an easy way to succeed

Note: A report from NSE in 2023 showed that more than 68% of new traders in India depend on free tips during their first 90 days.

The Real Problem with Free Tips? 

Even though free tips might seem like an easy way to make money, they have some big problems:

1. No Clear Information

• Who is giving the tip? 

• Are they a real expert? 

• Do they even trade? 

2. No Safety Measures

Some free intraday tips don’t talk about stop-losses at all. Others change the stop-loss while you’re trading, which can make you lose money.

3. Slow Updates

A lot of times, by the time you get the message and start trading, the price has already changed. You might enter at the wrong time, hoping to make money, but end up losing instead.

4. No Learning, Just Copying

You won’t learn how to trade better. You’ll just rely on other people’s tips and won’t understand the market at all.

What Is a Stock Advisory?

A stock advisory service is a special program that helps people make smart choices about buying and selling stocks. It is approved by SEBI, which is a group that makes sure everything is fair in the stock market. 

Here’s what they usually provide:

• Easy-to-understand buy and sell suggestions

• Plans for when to buy and when to sell

• Free intraday tips on how to protect your money

• Reasons why certain stocks are good to buy

• Help from experts or analysts

Are All Stock Advisory Services Good?

Not really; some of them are not trustworthy. 

Here are some signs to watch out for:

• They don’t have SEBI registration.

• They use fake screenshots.

• They only want to sell you costly upgrades.

Before you sign up, make sure to check if they are registered with SEBI, read reviews, look at their refund policies, and see if they offer a trial period.

When Free Intraday Tips Can Be Helpful

Well, free tips can be really useful if you know what to do with them. 

Here’s how:

• Use them to learn about different situations.

• Test the levels to see if they work.

• Watch how the market reacts to them.

But remember, don’t just follow them without thinking. Make sure you understand how intraday trading works from your classes, or have your plan ready.

What Beginners Should Do Instead

If you’re just starting:

• Take a simple stock market class to learn about prices, trends, and volume.

• Use websites like TradingView or Sensibull to practice trading without real money.

• Watch how the market behaves when it opens and closes.

• Read books like “Technical Analysis of Financial Markets” or “Trading for a Living” to learn more.

• Free intraday tips for trading might not explain why a trade is successful. The best way to learn is through proper study, keeping a journal, and gaining experience.

Conclusion

Free intraday tips are like fast food; they might look yummy and fun, but they can be bad for you if you constantly use them. Stock advice is more like a healthy home-cooked meal; it takes a little longer to prepare, but it’s better for you in the long run. Spend your time learning about investing. Think of tips as a way to learn, not just a way to trade. And don’t forget, once you learn the right skills, you can be your own best advisor.