I am one of your clients. I have subscribed to the Zerodha Youtube channel and continue to improve my learning about markets. I have found many learning initiatives by Zerodha team
is very helpful.(like Zerodha Varsity, live interactive learning platform with tutor etc)
What differentiated Zerodha from other brokers is the intent and the approach in all it’s initiatives. Credits to the co-founders. All the above initiatives including the first window that opens after login to Kite - which talks abut the risk of trading surely makes the amateur trader to really think before getting into the financial markets.
Being said that, I see in your Youtube channel, there is a daily LiveStream that happens with title - NIFTY & BANK NIFTY Analysis for Tomorrow . (mainly focused on F&O trading)
Few Questions and Request. I posted in youtube channel but admin didnt respond so writing it here in this forum with the belief i receive a response from ZERODHA team.
Is it an initiative from ZERODHA? If so, what’s purpose of it. would like to know.
My observations after watching this for last few months…
I found that the analyst have personal bias towards the market and shares his analysis
(its clearly evident - watch few videos from the past)
Though it is a personal thing, please do note it is being livestream in ZERODHA youtube channel and all your clients watch it… Experienced traders who knows the market can make sense of this analysis(15 minutes).
Think about the amateur traders who trust ZERODHA content and watch this program and take their trades and incur losses and worse having a bias mindset towards trading.
This is not good and this content is not suiting the intent of ZERODHA.(relating with other initiatives)
Asks/Request:
1)Ask the analyst to stick with his analysis with facts and numbers and do not share his bias towards market through his statements and body language. You never know who are all watching this and how they react to it
2)If it is not possible…as a client, i would like place a request to stop livestreaming this in ZERODHA youtube channel.
Since there is a forum here to share my views on this topic…shared it here.
It’s upto you folks to read, verify what i mentioned, make a decision and take appropriate action hopefully…
Thanks!!!
PS - I noticed before posting this - everyday there is a post done by you adding the link here…which means you intent to share this…
@zerodha team… can one of you respond to the question in this post please?
or let me know the forum where i can write the question/share feedback on this please.
We share the purpose and disclaimer on every YT video. I’m quoting the same below
We cover key topics like candlestick analysis, price action, FII DII data, support and resistance levels, open interest, option chain analysis, trend identification, and risk-reward strategies to boost your trading confidence.
Whether you’re new to option trading or an experienced trader, our daily NIFTY & BANK NIFTY technical analysis will guide you in making smarter trading decisions.
Disclaimer: This content is for educational purposes only and does not provide investment advice or stock tips. Our goal is to enhance your understanding of derivative data, option trading strategies, and technical analysis.
The main idea is to share a quick summary of all the key events and datapoints for the day. We don’t provide any stock tips as mentioned in our disclaimer and actively encourage through our other initiatives to not trade blindly from others’ tips
I get that the goal is to share a quick market update without stock tips, and the disclaimer helps… But hope you get a chance to read verify my feedback by watching atleast few videos of the analyst… He is highly biased…(his personal bias is bearish about the markets and he tends to share his biased analysis everyday for last few months openly…)
there are many new traders who do not have deeper knowledge about markets and at the starting stage…considering they trust Zerodha content…they will go by this analysis and am sure would have incurred losses for last many months and caught into that vicious cycle…
ZERODHA provides neutral knowledge content? isn’t it contradicting what you say and what you do?
That said, I’ve noticed that the analyst often brings in personal market views during the livestreams. While seasoned traders can filter that out, newer traders might take it at face value — especially since it’s on Zerodha’s official YouTube channel. This could lead to biased trading decisions and goes a bit against the spirit of your other investor education efforts. Brainstorm on this initiative and bring in a positive change…there is a room for improvement here!
views and bias are two different things…
If anyone else here who are seasonal traders and watching this analysis…please do share your observations please…
Dear @NithinKamath …I understand this could look like a silly topic for you check but after watching this livestream for few months…shared this feedback…appreciate if you can bring in some change here…as investors/traders education is the USP at zerodha but this highly biased analysis by this analyst do not fall under that category…
I understand the intention behind your concern, IIUC you want unbiased analysis, which are based more on facts and less on personal opinion.
But IMO, any form of market analysis, by anyone, is subject to some sort of bias, something that can’t be avoided, as there is always a personal angle to it, either apparent or hidden. It’s our responsibility to discern it.
I’m not justifying that it is okay to have personal biases, especially if it is meant for educational purposes, but I’m just wondering why the biased/ personal views matter so much or how it influences someone else’s decision.
How is this analyst responsible for the decisions/actions that people take out of their own free will?
More often than not, people who blame others for their own actions, have self-serving bias.
Is it right to shift the blame for our own actions on to someone else, by saying they may have influenced it?
Whether it’s an amateur or a pro, irrespective of who they are, i believe the basic quality for any trader is doing their own homework/research and analysis, and owning up to their actions.
These videos/analysis come with a disclaimer, which pretty much confirms that these are personal views of the analyst (biased or not) and people are expected to exercise caution and apply their minds, rather than blindly agreeing or making trades based the views expressed by the analyst.
Thank you for taking your time to read the post and for the response to the specific points raised. If it is not from ZERODHA… i wouldn’t have raised this point but since i have observed keenly on other educational initiatives from Zerodha like (Varsity…Online Class…Disclaimer window when App is opened)…
I found out that - this program and Analyst somehow not reflecting Zerodha standards…so brought this point here and shared my suggestions…
Also if you have watched this livestream videos…the analyst’s tone and the way he presents his verdict etc makes one to believe it comes from Zerodha. (if one has been watching his analysis for some time…can clearly understand what i mean…)
considering your points…how it can be improved - suggestion to Zerodha team:
right now…this video(live) do not have disclaimer slide when it starts…may be the analyst can start and end with disclaimer saying - “It’s my personal views/bias, I may be wrong/right…do not take trades solely based on this analysis”
So, that’s a validation that it’s not just me who felt so. thanks for watching it and for sharing your thoughts. Exactly - i was also surprised how come ZERODHA endorse such content. All their other appreciable education initiatives on one side and this on other side.
I am hopeful, the management from Zerodha take note of this conversation and bring in a improvement here.