All of us wants to earn good returns in the stock market.

While some retail investors do their diligent fundamental analysis about the company they are invested in, some others are simply taking the short cut by replicating other's portfolio - usually the person they admire.

A quick look at the hardwarezone forum and/or facebook and you can see many people either asking for advice or simply just replicating the portfolio for almost every stock they are invested in without having any justification for doing so.

For those of you who are guilty of doing so, note that doing this can be inherently dangerous for you.

1.) You are not aware of the average price the person bought the stocks. For example, I own 6 lots of Vicom in my portfolio and so can you, but if we are buying at a vastly different price, then you might be ...