Dynamic System- Mr Ravichandran of Doveman Group Bangalore

#1
In Bangalore Malleswaram 15th Cross, Just behind Adiga's this company is located. Mr Ravichandran is the promoter of this company. They are selling a trading software called Dynamic System. They are vouching that this is a path breaking well researched software which tells the trader when to buy, when to sell and when to do nothing.

I did attend their seminar conducted in Bangalore two years back. At that time cost of this software was said to be Rs 1.00 lakh.

I wish to know whether any member of Traderji has subscribed to this software and what is is his experience with this software.

Bangalore has seen many money swindling guys like vini-vinc, Krishnamurthy etc. I feared this is also one of such things. I see that this Company is still continuing and they are adding more versions of the software. Hence this post, to know, whether there are any members who can say something about this software.
 
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#2
If you have 1 lakh, keep 50% for trading and buy Gold or some MF units with the balance. Don't waste your money by donating it to such guys.

No system is that good, that you need to spend big money for it. Instead take time, develop your own system using EMA/Bollinger, whatever and trade consistently on it. That's anyday better than spending a lakh to get cheated!!
 
#3
i know that "DYNAMIC SYSTEM" its not a magic or holygrail..just they r using it MA with other usual indicators collaboration..
thats all..i dont use it but i seen my friend used once and not now....

happy trading...:thumb:
 

prst

Well-Known Member
#5
In Bangalore Malleswaram 15th Cross, Just behind Adiga's this company is located. Mr Ravichandran is the promoter of this company. They are selling a trading software called Dynamic System. They are vouching that this is a path breaking well researched software which tells the trader when to buy, when to sell and when to do nothing.

I did attend their seminar conducted in Bangalore two years back. At that time cost of this software was said to be Rs 1.00 lakh.

I wish to know whether any member of Traderji has subscribed to this software and what is is his experience with this software.

Bangalore has seen many money swindling guys like vini-vinc, Krishnamurthy etc. I feared this is also one of such things. I see that this Company is still continuing and they are adding more versions of the software. Hence this post, to know, whether there are any members who can say something about this software.
if he had a holy grail, why cant he keep this system to himself and become a millionnaire :)
u rather donate the amount to charity than to such ppl
:)
 
#6
If you have 1 lakh, keep 50% for trading and buy Gold or some MF units with the balance. Don't waste your money by donating it to such guys.

No system is that good, that you need to spend big money for it. Instead take time, develop your own system using EMA/Bollinger, whatever and trade consistently on it. That's anyday better than spending a lakh to get cheated!!
i FULLLY Agree to your suggestion. (No system is that good, that you need to spend big money for it. Instead take time, develop your own system using EMA/Bollinger, whatever and trade consistently on it. That's anyday better than spending a lakh to get cheated)


For Mr.lokanathpai,

The BEST thing is to LEARN UTMOST of the MARKET before you enter to trade with MONEY. Have Patience give time to LEARN. TRADER JI is THE BEST SITE to learn & Seniors are ALWAYS there to help out with.

If you are NEWBIE then try learnig the following:

http://www.traderji.com/technical-analysis/22571-intraday-trading-strategies-formulae.html
http://www.traderji.com/general-trading-investing-chat/70551-saravanan-notes.html
http://www.traderji.com/day-trading/26661-dhirajs-best-way-day-trading-discussion.html

there are more will keep you updated.

Happy trading,

Shrividhya S
 
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#9
I never intended to buy this software. Because I have my Amibroker and some trading systems with which I am comfortable.

But Ravichandran says, he made money out of his trading system, hence we want to share this with others. High price is only to ensure exposure to serious traders.

What I understand by the comments that, anything sold for a cost is worthless. Those who are selling systems are all cheating us poor traders. No trading system is good. We have to learn the market.

Just see the videos he has put up. Ignore his comments about efficacy of his system. http:\\www.dynamicsystem.in

Dont call me an admirer of Ravichandran...
 
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#10
I do not know how good or bad the system is. For all you know it may be wonderful.

But I would rather suggest that you learn technical analysis in great details. Learn programming and make your own system.

Read books on the subject. If you find that to be time consuming or tough, do a course on technical analysis the way I did : the trainer bharat dugar had good experience in delivering the course. practicals with market insights helped a lot.

But there are other cheaper options also available : For example, Icici Direct takes these short course on stock market. You have many more.

But make sure you find out who the trainer is before attending any course.
 
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