but these profits are shown in zerodha console and during day time by refreshing kite too.
in fact , 4 to 5 lakhs profit is made for less than 100 points movement in banknifty.
so either it can be a great learning or great deceive for lakhs of beginners who are subscribed.
and if fake how it can be known, while few quantiy is added in live market to prove and shown by refreshing zerodha kite.
Also 5 to 10 lakhs profit is being shown from 1 month.
Well… In that case if you think he/she is a genuine person then you can go ahead.
I don’t use youtube, so IDK if he/she is genuine or not.
He/she might post 1 crore profit, but you must NOT focus on their PnL.
So, you can go ahead with his learning videos/material (in YT) and ignore his profits/losses.
This is the best way I can think of right now.
rightly said
am focusing on learning videos of him, which are good indeed.
but when u trust a person, u follow him entirely and may be deceived sometime.
say, those who are not in stock market can believe a job is fetched for an average salary of 50k-1 lakh per month.
but, in trading there is ocean of opportunities, and since trading is not so common, we should be selective whom to follow and which informations to focus.
I find Mr. PR Sundar to be genuine and he is one of best options trader in india, and after some more time spending in market will attend his workshop.
Don’t attend workshops
how to do learnings if not from youtube and workshops.
There is one related post on this gentlemen. This is one post where every user of this forum has made a relevant or non-relevant comment. This post had around 38.3K views. This is only for your information.
Don’t get me wrong, I just checked the fees.
Paying 50k - 70k is ridiculous for a 2 day webinar.
recently, he made a video where he said he encourages those only who have a capital of 25 lakhs and then 70k fee is just 3%
and those who take the course have the 3% earning potential every month with strategies taught.
after 2 days workshop, 1 or 2 months free hand holding is provided.
their is one online course too for 6000 rs. any idea of that ?
Arey. Just don’t join any course. Study just by reading. More than enough.
I call this ‘advertisement’.
A person who wants to sell something will say all +ve things about it.
If you go to vegetable shop, the vendor will say all good things about his vegetable. But will you believe him blindly ? Won’t you see the vegetable and analyze it ?
Will you buy 1 tomato for 1000 rs when the average price is 10 rs ?
so the crux of my story is, I used pirated course, though it’s unethical but i don’t like paying money for overpriced things, never paid a single dime.
so did you find that guy’s webinar useful ? @Lalit_Kishor
(i dont have any intention to buy such a thing, just asking for knowledge)
afer a certain stage of understanding in market, strategies are sought for heft prices
Hello
I am not a trader (I am a full fledged investor) and have no clue about trading, so you must be thinking what am I doing here, reading post in the forum, for me, it is knowledge being shared and for information, but will never implement anything until I am personally convinced.
Your query intrigued me for the following reasons.
Fully agree with what the gentlemen said about 3%. The bigger question is are you willing to put in 25 lacks to trading based on the strategies that the tutor has mentioned. If not, then you should reevaluate the fee as it would take you considerable amount of time to recover the 70K.
I am sure this gentlemen will teach you thoroughly all the concepts of trading and you will learn the concepts very well, then what, you will have to implement these strategies yourself. I do not think it would be a great idea to just copy what the tutor is telling. This is as good as giving you tips.
At the same time, I understand your dilemma, you wish to trade but how to start is the question. Try to google search on accredited institution who impart training. I truly wish, well established AMC or even Zerodha should start a training school for fees (Zerodha has built a reputation and hence it would be easy for them to get potential students). In my view 70k is seriously on the higher side.
Disclaimer: I am nobody to advise you what is right or not. I fully believe in Live and Let Live, the choice is yours to take. In any case take an informed decision after weighing all the pros and cons. 25 Lacks is a huge amount of money.
One can take huge positions in one account and opposite positions in another trading account. He might refresh only the account that is profitable on that day.
this comes something relevant.
but this is done when they provide tips and show account of others
if they do it to themselves, they may incur heavy loss for self.
they probably will be selling tips or sell something else.
This channel does not sell tip, but provide free training to premium members who open accounts with various brokers through their links.
premium members are provided free training, and in this group, live charts, recommendations for intraday trading of stocks, nifty and banknifty are provided.
Then … he’s doing affiliate marketing.
he is targeting the people who don’t have a trading account yet. So, they probably will not have any knowledge about the markets.
You are paying him indirectly, FnO is where a lot of brokerage is collected and zerodha for example will share about 10% of your brokerage with him. Soo yea you are paying him indirectly. Other brokers will have their own affiliate programs.
He will also generate more brokerage when he/she gives ‘calls/tips’ and indirectly they will get paid.
soo its kind of the same.
(these are my personal views only). I dont have much info about that channel so I might be wrong as well.
Kite is just a web page, and it is trivial to make it show whatever you want people to see.
As an example, here is an interesting price point for INFY, as “seen” on Kite:
Don’t trust someone just because they show something on a website. Websites can be easily edited to show whatever you wish to see. That is not “proof” of anything, as the above screenshot should teach you.
