Dalal Street Ivestment Journal, POP-Stocks

Hello,

Dear Traderji's how are you.

I was browsing through the internet and came across the Dalal street Investment journal's "POP-stocks".

(http://www.dsij.in/Products/PopStocks.aspx)

The performance show on their website is pretty impressive. For a novice a beginner, who is still struggling to learn the market this could be a good advantage.

With the awesome success rates posted on their website at the above mentioned link, I feel one could easily support for him/her self while trying to learn the art of trading.

But, when i researched their reported success rates, I could not come to terms with few things. The POP-stock recommendation was supposed to be
an intra-day affair, but the "entry, target and exit" levels they recommended previously spanned over two or more days and in few stocks I couldn't understand how they managed to earn a profit at all.

Experienced traderjis, I request you to review this product and share your experiences with POP-STOCKS. Also, you experience with other DSIJ would be very helpful.

Your experiences, suggestions and review on this issue would be of great help for those who are trying to gain a foot hold in the market place.

Thanks and Regards.
TradePassion.
"Life is a Struggle, worth it":thumb:

Hathi ke khane ke dant aur dikhane ke aur.
Like you as a new trader I opted for Pop Stock few years back but came to the conclusion that you can not make money trading them. Reason it comes by SMS. In most of the cases RR is 1:1 or .50:1. most of the time it s touching the target but after hitting your stoploss first. For him it is success but for you pure loss.
After three years still he chases me for subscription. There was a very ugly correspondence between me and Sunil Damania and I asked him to remove my name and number from his mailing list.
About 2 month back he sent about 12-15 recommendation in a day and concluded to 90% hit rate. I checked it on that day hardly 2-3 were tradeable.
The problem is that intraday he send one recommendation to buy at this level with target and stoploss. Most of the cases it goes up 1or 2 rs reverses hit your stoploss and in the evening rally more than the target. So it is timing. The time he send it and you buy it whether it is hitting the target or stoploss. In most of the cases and I will say more than 90% it will first hit your stoploss and then rally. After some time I started keeping those stock in watch list traded then as per my decision and it was success.
Dont go for it it is not worth.

DSIJ.in Pop Future : Subscribe only to LOOSE MONEY

Please DON'T subscribe to its services. My experience on their POP FUTURE package :

1) Their calls have 2 targets. Conveniently, they report profit based on 1st target for 2 lots when 2nd target is not met. And when 2nd target is met, they report average one. For example, one call suggested to buy HINDPET Fut above 605. Targets were 610 and 611. Next follow up was to book profit at 607.5. Fair enough; for two lots, they reported Rs. 2500/-. Here price never reached any of those targets. Now another day, call was to buy M&M Fut. above 1265. Targets were 1270 and 1275. Follow up call was to book profit at 1266. So a trader would book profit at that level for 2 lots. Now, second call came; book full profit at 1271. And they report profit of Rs. 3750/- (2 lots * Rs. 7.5/-). Nowhere the basis of calculation is written. Nowhere whether 1st target was met or both targets were met is mentioned.

2) The WORST and most DIFFICULT part : It is never possible to catch the exit point suggested in the calls. Let alone catching their exit point, even getting close to that is impossible. Assuming one is glued to the screen and ready with mouse to click and close the open position, which I am, it is never feasible to exit at the point as suggested in the calls. As per my understanding, the future instruments which are selected, are not traded in high volumes. Hence when call is to book profit / loss at a level which is not any of those two targets / SL, one can never catch that level. So amount of loss reported in the website is effectively much higher and amount of profit as reported is effectively much smaller. And that makes the overall net monthly profit figure a complete farce. This aspect is I think applicable for any site which provides tips over SMS. Even if the analyst herself / himself trades on my account, exit level cannot be met due to low volumes.

I took 2 days trial on their BTST package. What I understood, even one is trading on the console of NSE computers, one cannot take the call at the recommended price. It is absolutely IMPOSSIBLE. And calls on those two days were closed within minutes.

NEVER EVER take this service. This is sheer wastage of money and time leading only to frustration.