Never Trade in Indiabulls !!!!

ganeshhity · #11 23rd May 2006, 05:04 PM

Quote:

Originally Posted by srisara

ganesh,

I was thinking all these days you are using TA. Shocked that you put up so many losses.

What i say is, go back to study room and start learning TA, it has saved me this time, eventhough I could foresell only 50% of my portfolio.

Its just that, spend u r time in the forum to learn.

I wish you best of luck.
Satya

thanks satya, I have my style of research.....learning from this website too... but you, these days, I leave office generally 11 at night and hence had no time for this all.....anyway, all the trades that I do are purely based on FA/TA....I've always gained....it was my analysis that I made an exit..though it was late, but it was not too late..If I had not made exit that morning and listened to that RM, I would have lost all my money by now..I would have become pennyless...thankfully, I walked back with 50% of my money..and though i made a loss of 1.75 lacks, you would be happy to know my dear friend, that i've covered 25 thousand today and yesterday by intraday trading..I am not leaving a single penny in market in current scenario....I sell off everything before the markets close....

My dear friend, I've learned a lot from seniors here...amitda, saint, you and others have given me the minutes of this trade....I remember my expert watch (guided by amitda) on elder where i made entry at 302 and made an exit on top......there are other stock, which I selected on time from this forum's experts and made profits, made exit at right time....

anyway, my friend, time is a great constraint...when I fell short of it, I had to trust my RM friend at Indiabulls who c#$%ked me this time....

and hey, do you think i'm sad....no man not at all...this was the best lesson god taught me....though a costly one to learn, maybe this was to save me from some big loss......also at the same time, i firmly believe that this is a very good time to cover the losses

ganeshhity

mohdbinhaid · #12 23rd May 2006, 05:14 PM

Quote:

Originally Posted by ganeshhity

yes my friend...I learnt the lesson...but a costly lesson to be learnt...

never mind....what goes down will come up...I've already coverd 25 thousand yesterday and today......will cover slowly rest......but my only suggestion to investors is take back cash at the end of the day in such situations... trade and trade..do not invest in current scenario...

ganeshhity

Hello,

Happy to hear that my friend...All the best and happy trading.

regards
Mohammed Bin Haid

jdm · #13 23rd May 2006, 07:04 PM

Quote:

Originally Posted by gnat

I am trading on indiabulls as well - through web client - and guess what - it doesn't work most of the time. Connection time outs - page cannot be displayed are a few pain areas. Best deal is after calling up helpdesk - i was asked to send screenshots to email address. After one week I get a response to check encryption settings on my browser? Duh - how can a software work for 15 mins, stop working for full day - and start working again. I am forced to call my RM - but god save me if they dont' execute orders as placed.

I am disappointed with the service and looking for a forum for addressing my complaint. They charge for this service and if it doesn't work as desired - its deficiency of service.

grrrrrrrrrrrrr
gnat

i had an a/c with icicidirect.com and i always complained about their platform. too slow etc etc. but it seems its a problem with every broker in someway or other.

cemcompusoft · #14 23rd May 2006, 08:23 PM

Quote:

Originally Posted by ganeshhity

Dear Friend,
Fans of Indiabulls, here is a true story that took place with me during this week.....

they tried to cover my losses and did a lot of trades in nifty futures (which gave me a loss of total 1.75 lacks)....

making me count the losses of public and they say "sir, you're lucky you lost only 1.75 lacks........

Hello Ganesh,

Puzzled since 2 days...now understand...why you are absent from "Jokes, Humours and shayaris !!!!!! "....1.75 is the reason.....

K.S.Kachhwaha

ganeshhity · #15 27th May 2006, 03:08 PM

Quote:

Originally Posted by cemcompusoft

Hello Ganesh,

Puzzled since 2 days...now understand...why you are absent from "Jokes, Humours and shayaris !!!!!! "....1.75 is the reason.....

K.S.Kachhwaha

hmmmm..maybe yes...but time is a great healer...office and other commitments keep me busy buddy...
moreover, in this market, people here would be busy with prices, losses,gains etc...not in jokes,humours and shayaris......

hope you got the point..

ganeshhity

pkjha30 · #16 27th May 2006, 03:14 PM

Quote:

Originally Posted by ganeshhity

and hey, do you think i'm sad....no man not at all...this was the best lesson god taught me....though a costly one to learn, maybe this was to save me from some big loss......also at the same time, i firmly believe that this is a very good time to cover the losses

ganeshhity

Hi Ganesh

That is the spirit.

Wish you good luck . As and when you find time do post here. It is really missed.

Pankaj

srisara · #17 27th May 2006, 05:36 PM

Quote:

Originally Posted by ganeshhity

thanks satya, I have my style of research.....learning from this website too... but you, these days, I leave office generally 11 at night and hence had no time for this all.....anyway, all the trades that I do are purely based on FA/TA....I've always gained....it was my analysis that I made an exit..though it was late, but it was not too late..If I had not made exit that morning and listened to that RM, I would have lost all my money by now..I would have become pennyless...thankfully, I walked back with 50% of my money..and though i made a loss of 1.75 lacks, you would be happy to know my dear friend, that i've covered 25 thousand today and yesterday by intraday trading..I am not leaving a single penny in market in current scenario....I sell off everything before the markets close....

My dear friend, I've learned a lot from seniors here...amitda, saint, you and others have given me the minutes of this trade....I remember my expert watch (guided by amitda) on elder where i made entry at 302 and made an exit on top......there are other stock, which I selected on time from this forum's experts and made profits, made exit at right time....

anyway, my friend, time is a great constraint...when I fell short of it, I had to trust my RM friend at Indiabulls who c#$%ked me this time....

and hey, do you think i'm sad....no man not at all...this was the best lesson god taught me....though a costly one to learn, maybe this was to save me from some big loss......also at the same time, i firmly believe that this is a very good time to cover the losses

ganeshhity

thats the spirit my friend. Great going. But dont be on a revenge mood. Be very tactical and cool and get back your money.

I wish you all the BEST and hope to learn from you tooo...

Satya

alokdaga · #18 27th May 2006, 11:12 PM

Quote:

Originally Posted by mohdbinhaid

Dear Gannesh,

After i read your thread, As a Relationship manager with indiabulls,i would like to bring to notice of you as well as the members of this forum the ways you can avoid being in such situations..

Basically you can place orders with indiabulls through 3 ways..

1. Through PIB software: So if you place your order here, there is no question of any manipulation with the quantity you want to buy..

2. Through the indiabulls website: Again no question of any manupilation here also.

3. Through the Indiabulls Terminal: Now if you call on any terminals with indiabulls to place your order, you conversataion is recorded and maintained for any disputes later.So if you have placed order through this for GUJAMBUJA for 300 and it was bought 3000 in quantity , this can be verifed with the concered authority at indiabulls.

As i can understand the situation, you might have called your RM and asked him to place the order.If this is the case, then there is no ways you can take any legal action against the company since there will be no record to verify.Formost you complain against the RM and he might be removed from his job.We the RM are strictly instructed by the company not to take any orders other than on the terminal number..so take further action accordingly..

AND PLEASE ALL THE MEMBERS OF TRADERJI WHO ARE TRADING WITH INDIABULLS ARE REQUESTED TO PLACE THERE ORDER THROUGH THE 3 MENTIONED WAYS

And ganesh, if i can help you in anyways further, please let me know..

Regards
Mohammed Bin Haid

Hello Mr. Haid,

I have been folowing your postings for some time now. It is nice to see somebody having the courage to stand up and put a brave face !

bmohanta34 · #19 28th May 2006, 08:39 AM

I trade in kotak seruties and find the hanging of software and trading platform similarly. So I feel online softwares are not so relyable. If any software that is comparatively reliable with minimum brokorage

Disciple · #20 28th May 2006, 09:00 PM

Hello Friends,
I've been watching this thread for a long time.There might be bad incidents which took place with somebody while trading with Indiabulls.This is really unfortunate.I understand the person's grief.But what makes me amazing is that so much energy has been spent in negative criticism of Indiabulls.If anybody is really harrassed by any broker they should first complain with SEBI.I'm trading with Indiabulls with last 3 yrs and I want to declare that I have not faced any difficulty till date.I'm not an employee of Indiabulls neither I'm doing a face saving exercise for Indiabulls.
PIB is the most wonderful software I have seen till date.
Please do not waste your energy and time by criticising endlessly.If you have complaints with any broking house follow the rules,complain to SEBI and if still no remedy is available then write to this forum.There are many many experienced INVESTORS/TRADERS here who will definitely help you.
Don't continue negative criticism.Be brave and act.
God Bless you.
Disciple.

Similar Threads for: Never Trade in Indiabulls !!!!
Thread	Thread Starter	Forum	Replies	Last Post
IndiaBulls!!	trader31339	Brokers & Demat Matters	147	22nd August 2008 08:24 PM
Power Indiabulls Trade Calculator	pagenotfound	Software	32	1st November 2007 11:22 PM
best way to trade broker/indiabulls/icicidirect	nitin_guess	Brokers & Demat Matters	26	22nd October 2007 11:46 AM
Indiabulls	appasri	Software	4	19th November 2006 12:21 PM
Tips to trade on indiabulls	beginner_av	Brokers & Demat Matters	3	15th October 2006 02:01 PM