Irrelevant.
Sucessful traders dont succeed by looking at others’ M2M/ledgers. They have their own trading system in place, trade it with discipline and ignore the noise that happens around them which makes them successful.
1 Like
That is true, but I actually am skeptical that money can be made in intraday trading, so if someone publishes quarterly statements, I would atleast know that yes money can be made in trading.
1 Like
For successful investing having a company that has the growth potential to give %% returns that can make you billions is way more important than the knowledge. That’s why buffet and junjawala have not been able to make the kind of return they made back then,
Do you think that if person has solid daily profit and asking for 50,000 fees? 5k-10k fees okay, but whopping 50k, not good.
1 Like
https://youtu.be/s0N0KjqFb3U Came across this today! A must watch cautionary video by Ashwani Gujral. Yes you read it right .
go to youtbe search rktrading, vp financial, amols trading these three(especially rk trading) are the only ones i know post daily trading videos in which they are mostly profitable so yeah money can be made in intraday but it’s really hard
2 Likes
Totally Agree with @Amit_Pansari, if you want to earn money you need experience. It will take at least good 2-3 yrs for that to happen. Now as far as so called " youtube gurus " are concerned , I consider them as market Noise. Avoid at all cost . if you want to read NISM is starting point
I have not met Mr. Sunder or attended any of the training classes. Legit is a very loose word your definition and my definition can be different.
Some people show their trades , some do not. Given a choice nobody would like to show these things in public domain. But there as people who would start claiming that person only teaches does not trade or visa versa in the public platform.
It is important to find useful information from the videos he or anybody publishes how you can use it to improve your trading skills. That is the take away.
I reject the argument that his fees are very high, if you find his fees high don’t attend it. There is difference of 2 times the fare between 1st class and economy class in air fare, The distance between the last chair of first class and first chair of the economy class is 6 feet. All depart and reach destination at the same time. But there is difference in fare. Hence it is your call, nobody can decide better than you on this issue.
It;s not important whether Mr. Sunder makes/made money or not, people have need for earning more and more, reasons can be many. If somebody is not making money through trading does not make him bad teacher or visa versa. It’s one of the most stupid argument that people who are not making money in stock trading would resort to teaching trading. By this argument Mr. Mukesh Ambani should not have started new companies to earn more money.
The issue is that most of us don’t want to pay for knowledge and skills, we want every thing free hence that is why we see teachers in low esteem who charge money for imparting knowledge and skills. Knowledge is available both free and paid. choice is available to an individual, both options have their advantages and disadvantages. Hence it’s one own call at the end.
Mr. Sunder is one person who has said in one of the question answer session video that if you don’t have Rs 10 lacs to put in options trading don’t waste your time and there is no need to attend my workshop. They should choose other areas of trading. It can be very cleaver marketing talk by him but at least he is sincere and forthcoming to those traders who want to do options trading with very small capital. At least he his giving the advise to a small capital trader.
Imagine going to specialist by paying 1000/- as consultation and he/she says there is nothing wrong with you and does not prescribe any medicine to you. You feel cheated that even after taking Fee of Rs 1000/- he/she has not given me a single medicine , don’t we all feel that way ?
9 Likes
Yes, I personally quite like Mr. Sundar’s videos on YouTube as he is quite witty. However, I watch those and other videos only to get some additional insight.
Ultimately, you trade based on your edge and risk profile. Just because Mr. Sundar (or anyone else) says something, it does not become gospel truth.
4 Likes
@amit9 they all made their capital for investing from trading, Buffet traded the options of coco-cola,
R. Jhunwala made his huge money for investing from trading the budget, and he has his own firm where he still trades, and also Radhakishan Damani made huge money by shorting at the time of Harshad Mehta bull run. Even to make billions from investing you need to invest millions, the question is how to get those millions, because through investing it will rake years.
12 Likes
Follow your own strategy so don’t have to blame anyone else. Below article should throw some insight.
5 Likes
Great and true observation!!
There are lots of fraud/scam trading or technical analysis channels being run these days on youtube. Their main aim is to earn by teaching (read selling) not so useful information in the name of technical analysis; be it indicators or costly courses or youtube membership.
Most of them also asks you to open demat account with their link, obviously they get commission from broker. If you ask them counter questions or make negative comments on their posts, then they/their team immediately blocks you and delete/hide your comments . Ask them their one year PnL and see the magic. Just try it out by two accounts 
I am a retail trader too and will share my experiences with them in last two+ years.
Channels to AVOID and Why:
- Nitin Bhatia: He claims to be free, guardian of retail traders but he charges Rs. 159 to 1999 for join membership. This amount seems small but he has more than 8.4 lakh subscribers. Just imagine, even if only 10 thousand members take his lowest membership then do the maths: 159 * 10000 = 15.9 Lakhs per month, that too risk free money!
He keeps retail investor busy and engaged in one or the other complex things like premium decay, IV system, option chain analysis. Recently he started sharing option chain indicator. An intraday trader does not really have time to upload such info manually at frequent intervals. This proves that he don’t earn by trading but only through youtube memberships.
He shares lot of information in his long videos, and mostly you can’t earn money with it. His nifty views are mostly (actually always) bearish. He was bearish through out this year (2020) and his followers lost this huge nifty rally from 7500 to 12900. He do all kinds of data analysis then how come all his analysis can go this wrong? He also said this year, that bank nifty will go to 10,000 and I am still waiting 
He not only wastes your money but time too. I also lost lot of money following him and then finally unsubscribed him. These days I only hear his videos, if I dont get sleep at night as they are very boring, try it once
- Sunil Minglani: He tells you lot of interesting stories with just 10-20% knowledge and rest all marketing of his SM bulletin, Master Trader and other programs. He always remain bullish and is very arrogant but he tries to be humble. If you remain bullish (like Sunil) or bearish (like Nitin) for entire year then your market view will go correct at-least some day, then these so called market gurus celebrate and showcase like anything - “Dekho maine kaha tha na…blah blah”
Rest of the time they remain silent like sideways market. Even a stopped watch shows you correct time twice a day, isn’t it?
His membership and bulletin is not worthy. He gives all kind of probability e.g. nifty will be 40% bullish, 30% bearish, 30% sideways next week. Ab kucch na kucch to hoga hi isme se, hai na? Then he will become right and will say dekho maine kaha tha…
He tells 5-10 stocks every week, but don’t give target and timeline. He never speaks about stocks that didn’t go up. Please dont waste your money on him and make him richer. Just do the maths and see how much he earns by selling his costly courses. Obviously why will he trade? Again I lost money following him and then unsubscribed him too. He calls Nitin Bhatia as Pappu or Jholachhap doctor. They all have anti with each other due to competition “kaun zyada lootega retailers ko”
- P R Sundar: He is another big scammer who loots people by selling costly courses. His market view mostly goes wrong, you can observe yourself his weekend videos. Sundar (aka bandar) is also anti with Nitin Bhatia because he tells about some of his paid strategies for free. He teaches to sell faar OTM options for chillar or Rs. 1/2/3 premium, in thousands of lots. Retailers dont have such big capital to block huge margin money. He is again waste of time and money.
There are many other similar fraud channels like MK Jain, Malkansview, Madras trader, Wealth Saga, Sachin Bhatia, Mukul Agrawal, Abhishek Kar, Ashwini Gujral, Power of Stocks, Ghanshyam tech, Super trader Lakshya, Stock market king, Elearnmarkets etc please dont fall into their trap.
16 Likes
spot on analysis of these 3 guys…
Sundar stopped trading after that nirmala corporate tax announcement day. He just uses simulation software to show trades.
Now focussed on utube ad revenue and workshop money
Didn’t get anything in google. Can you tell me more? Or a link?
It is not in google…all are informal only…
Adhi sundaraa is my fictional character
Any resemblance to real person is not intentional.
Adhi sundaraa had to even sell his luxury car that nirmala corp tax day
Later he tried a bank job
Finally he paid to digital marketing company to get initial bulk utube views and started channel
Now even regional tamil channel. Full time focus on ad revenue and workshop money
He does pms services currently but his pms clients are pitiably bleeding in portfolio
2 Likes
If anyone asks money make sure to do your due diligence before giving in greed of making money
2 Likes
Recently i came across a guy who paid 2 lacs to a sub broker who taught him how to use indicators.he works for salary during night hours.he mades losses and now even if he meets a legit guy he says upfront that he doesn’t have money.
2 Likes
I think with his 15+years of experience you may learn a lot from him. I find him very genuine and you would learn a lot of concepts and nuance and different point of view from him. He is a legit guy, and you may follow him social media which is free, at least he doesn’t talk crap and no one is asking to join and paid content , free material is more than sufficient for any smart person to learn. I can’t comment on his paid materiel as i haven’t purchased any but lot can be learn from free content and from other you tubers and off-course practical trading is the best teacher
5 Likes