Advisories - Caution

Discussion in 'Words of Wisdom' started by cepetrading, Oct 24, 2015.

  1. cepetrading

    cepetrading Active Member

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    Hi Admin,

    Recently I subscribed to two advisories who promised me they will provide operator based calls in FNO and Commodities.

    I Subscribed to them and found that they are No.1 FRAUDS.

    I am in no way advertising these fraudulent companies ... but making sure people don't fall prey to their Operator calls, HNI calls, Jackpot calls.

    The highlight is that they are showing their ODIN trade book at the end of the day where there is a different call with profit whereas the client receives a different call which is in loss.

    They don't pick your call after you question them about the discrepancies and stop sending you calls ... Forget returning your subscription amount.

    If the Traderji admin permits then I can give the details with proof ??

    I will be posting screenshots and advisory name and contact number so that these people learnt a very good lesson.

    CAN I DO THAT ??

    Thanks

    Awaiting your reply ...
     
  2. naveen_talkin

    naveen_talkin Active Member

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    you can post with proof
     
  3. suri112000

    suri112000 Well-Known Member

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    They are not advisories............they are simply fraudsters.

    Whenever i get a call from these fraudsters, i ask them few questions....they simply run away.

    1. How do you mitigate risk in Gamma negative positions.
    2. How do you adjust short butterfly position into long iron condor.
    3. What is ATR stop.
    4. What is Fibonacci extn.
    5. What is Nifty PE ratio at present.
    6. When PCR is -1, what position do you take .... long or short.

    I am dead sure 99.99% of them.........will simply cut your phone or will say my senior expert will call you. 100% of their senior experts fail to answer to these questions.

    How can we trust such low quality people for advices?

    It has become a fashion for unemployed to start a web site under the name of advisory to loot the innocent traders.
     
  4. tradedatrend

    tradedatrend Well-Known Member

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    You might be sued for causing a/many telecaller to commit suicide :D
     
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  5. suri112000

    suri112000 Well-Known Member

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    To add to the fuel,

    when they ask me what is my capital, i would say it is Rs.1 crore,
    then he will ask me how many lots do you trade, 100 lots nifty or equity future.

    then he becomes greedy, and he tries to grab me into his web by any means.

    He will say we have expert technical and fundamental analysts here, they will answer your querries.

    when all the talks over (they fail to answer my querries),

    I ask them..... what is trading or demat a/c. where can i open such a/cs. is Rs.1000 capital sufficient to earn Rs.1 lakh.... I have only Rs.10 with me.

    Then they die finally.:D
     
  6. suri112000

    suri112000 Well-Known Member

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    Today I found a surprising info about these advisories.

    They are getting the mobile numbers of the traders who are loosing money. It is no surprise how their game plan works. The traders who are inexperienced and loosing money are desperately looking for a genie to turn around their accounts.

    These advisories knock their doors through mobile call offering a genie at the right time.:D
     
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  7. natjay

    natjay Active Member

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    How do they get these mobile numbers? And how do they know that these traders are losing money... unless the broker (or someone else in the know) stealthily passes on this information? Or do the losing traders themselves willingly hand over their number, looking for a shortcut out of their mess?

    I'm curious to know the modus operandi of these fraudsters.
     
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  8. Verde

    Verde Well-Known Member

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    mobile numbers are from broker employees. the latest scam is to send a sms with tips and put a reputed website name to it.
     
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  9. excellentpawan

    excellentpawan New Member

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    An eye opener post.
    Please tell company name and other details which you mentioned.
     
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  10. rkkarnani

    rkkarnani Well-Known Member

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    Admins do not seem to have noticed the Post. Maybe you need to write to them directly.
    However I strongly feel that by posting there names etc. you may actually be causing there names to be known to more people, sort of a surrogate marketing.
    Most new comers in Stock market are willing to try anything and everything and no amount of discouragement will deter them from losing there capital! :mad: :eek::p
     
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