PR sundar has also done live trading on YT. He just doubles down on losers and also has the funds to adjust positions. He has a lot of capital… ~20cr FDs and Bharat Bonds as collateral. I think he barely has 20% invested in equities.
I have nothing against PR, NB or SM as they openly claim that markets are risky and don’t promise gold mines. Also they don’t indulge in hate bait.
Wise trader is only good as a counter but has nothing to offer other than hate.
He has no alternate advise but simply using YT as a trumpet to fan confusion among novice traders.
All in all, when you are going to go live in a trade, no body can help you.
Just keep your risk management on high alert and pocket small gains every week.
Experience is the only advantage for these big wigs, along with an ocean of cash reserves, which we small traders cannot muster- so find your own edge.
Yes Tasty trade definitely gave me confidence to start trading options.
Absolutely correct, Trading is like doing 2-4 years PG course with variety of topic to learn from experience folks. PR Sundar has lot to offer even if you are free subscriber. People like Wise Trader and others who are just counters and contents are based upon mocking and belittling other youtubers are just providing hate should be totally avoided!!
There is a saying " Wise person discuss about ideas, average person discuss about things and sadist/negative person discuss about different person"
Quite the opposite, goes on to an extend of fear mongering that discourage many newcomers. Just prophecy, nothing useful actually.
Disagree on two counts.
- The counter is always necessary as a corrective and balancing force. And that can be disruptive but doesn’t necessarily cause confusion to new traders but gives more clarity IMO. Makes people take a step back and think for a moment. A disagreeable voice is indeed a ‘necessary evil’ and I was hoping the guy would remain a purist. But alas!
- His fans are raving about the ‘immense value’ they are seeing in the join button. So technically now, the wise trader is offering more or less the same kind of ‘value’ that all of the others are if at all there is any.
what I can’t fathom is the sheer hypocrisy this guy has. Badgering the other operators all night only to wake up in the morning and do the same thing.
Eleanor Roosevelt - Great minds discuss ideas;
what do you think are we doing here in this ‘Is PR SUNDAR a legit guy?’ thread , Well in our own defense, I’d argue that we are discussing the ‘idea’ of the very existence of these characters in our ecosystem.
Rajeesh,
I agree that a countervailing view allows for the democratization of ideas, business plans and balances fear and hope.
However Wise Trader does not offer anything but troll. You find people trolling celebrities in the music industry without giving a better vantage point that can be referenced, rationalized and vindicated as healthy critique.
For example: Our conversation is both balanced and less whelming and also respectful.
Wise Trader calls PR Sunder as ‘Monkey’ What a shame!
Personally I don’t endorse any trainer- most of what I know is because of my educational background, but youtube helped me in understanding trading psychology and why I gave up gains and why I ran my losses, and trust me nothing beats varsity.
If only he kept up the decorum and explained why he disagrees with the trinity of trainers with his own charts (not post mortem) it would actually add light.
Until then, this wisetrader and anyone of his ilk is a miserable troll.
Zero value- his live chats are nothing but a platform for mud slinging.
I am sure you, without any necessary USP in training, can beat him hands down.
I have never seen or heard NB, SM or PR claim that they have an edge over the others. In fact last July a friend of mine contacted PR and he counselled him not to enter fno for the time being given his background.
These are very subjective examples, I’m sure every trainer and godman will have their fair share of fans that testify their miracle working. The problem is when an earnest advise is intricately interlaced with top-class bullshit and served to naive followers.
I am not referring to those old live chats but the new set of paid services this guys has put up. With that i’m saying that they are all operating in the same universe. They may not be delivering anything particularly valuable but to me - they are all the same now.
I don’t feel criticism should always be coupled with an alternative POV. When we find something going awfully wrong, raising a voice itself has got its merits. And we are talking about a whole industry thriving around unsuspecting naive traders. Moreover, a slapstick troll is an appropriate best wake up call to these pundits from their warm-fuzzy half sleeps.
Funny thing is, now this dude can occasionally revisit his own trolls and get a kick of being trolled, now they being self trolls. Much like Modiji trolling the then govt on rising fuel prices and falling rupee val
Good point of view btw Joe
Agreed, but I for one find it sick to tolerate any kind of trolling.
Trolling actually creates waves of sympathy and works in the favour of conmen who were meant to be exposed.
Oh yes. I’m not pro-trolling either. But someone need to call a spade a spade and thats all.
I see that we are essentially alluding to the same ideas here, nothing more to add.
Goodday Joe!
Even if we did not allude word to word, it still made my day brighter chatting with a sharp gentleman like you.
Blest day!
what about booming bulls aka Anish Singh Thakur ?
Just follow someone for atleast 1-2 months , you will get your answer yourself. Its applicable for any mentors in Social Media, you are the best judge whats suits you and whats not , whats you are learning and what you are unlearning. I have learnt something or the other from each youtube channel , following people you are providing positive in my trading and avoided who were waste of time bringing negativity.
can you suggest me some good mentors.actually i am new in stock market
This Rudramurthy comes across as the most dodgy Youtuber to me. I saw a video of him making an entry in a seminar where 2 women were trailing him and shooting video and clicking pictures of him like he were a filmstar. And as he enters the dias, there is a person who is asking all to get up and clap. WTF That is a CON in my book.
And I suppose it’s a good time for many Gurus to show 1 year P&L