Dumb money is at all time highs in Indian markets

This cool dude Avadhut Sathe who runs “AVADHUT SATHE TRADING ACADEMY” made 86 crores in the last FY just by dancing and training people about stock markets :grin:

This income has grown exponentially in the last 3 years. Who is buying these courses man???

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SEBI should make a rule like those traders who are profitable for the past 3 ~ 5yrs can take courses. Its sad that now anyone who is having 0 knowlege in financial markets can do courses, give subscription based tips, manage portfolios to cheat people and make quick bucks. Which creates a bad feelings about the market for those who got cheated and they might not come again to the market.

And, theories are actually simple and easy to teach but practically trading is extremly difficult. If it is easy like most of these “finfluencers” say, then every people we cross by will be millionaires and billionaires quiting their 9 to 5 jobs.

Just like @nithin used to say always, “Trading is hardest way to make easiest money”. Only professionals know and understand this hard fact truth.

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Those who want to buy are doing that reviews for this academy is good, he also shows live videos of his own trades, & people are enrolling for his courses. Anybody now a days starting channels & showing their performances

Seems like the new Byjus. Exorbitant fee, marketing and catching the sentiment of middle class.

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Perhaps implement a rule requiring mentored traders to trade under the trading academy’s subaccount, with profits and losses capped for the students.

The total profitability of the trading academy should then include the students’ profit and loss statements from the sub-accounts.

This will discourage training as a scam model, incentivize structured and honest teaching methods, and lower expectations.

What do you folks think about this statement by big bull RJ? I am not judging either side; I just want to know your stand on this

Another scam which will end very baldy for the people involved.