calloptionputoption.com tips-Big Cheaters

#1
I was searching for good tips provider from last one year, tried couple of them, none of them were impressive.

Since i have full-time job, don't have much time to look into chart and monitor the trade, so i came across bogus website http://www.calloptionputoption.com.
I got very much impressed by their past performance, 300-600% returns every month. So i searched in the Google, Traderji for their review, no were people complained they are snake oil vendors. So took the subscription for Nifty Options tips in the last week for Jan 2011 for 1 month paying Rs3000/.

Traded only in 2 lots as suggested by them for 25 days (Jan 31st to 24th Feb 2011), totally made loss of 11,650(trading)+1500(brokerage approx.)+3000(subscription fees)=-16,150/ rupees. In this period they given 12 calls, see following image for trade log.

http://i52.tinypic.com/mjw9ph.jpg

What i observed from their calls,
They give huge target in the first sms and later send sms to book the 50% or 100% for 5-20 points, as result if they have 50% success rate also, the rest 50% are of big stop losses eat the profit and you end of negative.
Every morning they send sms saying JAI SHRI KRISHNA, nifty to open so much points up/down, watching SGX Nifty... very funny

They keep sending sms not trade in more than 2 lots and don't invest lacs rupees in sms in options. I think this after hearing gaali from poor clients, even i'm one of them

I called and blasted them for their performance, result they stopped receiving my calls..:-(

What surprised me was, when they published 252 pts (339.73%) positive result on their website. Here is the link http://www.calloptionputoption.com/past-option.htm

If they remove that, here is the snapshot taken by me.

http://i55.tinypic.com/2dbw5zl.jpg



So guys, Please be aware of such bogus websites, all their past performance are fake. Never ever take subscription from their http://www.calloptionputoption.com.

Can i take legal action them as i have all sms sent by them, anyone help me on this.

Thanks
Giri
 

ashwani chadha

Well-Known Member
#3
I was searching for good tips provider from last one year, tried couple of them, none of them were impressive.

Since i have full-time job, don't have much time to look into chart and monitor the trade, so i came across bogus website http://www.calloptionputoption.com.
I got very much impressed by their past performance, 300-600% returns every month. So i searched in the Google, Traderji for their review, no were people complained they are snake oil vendors. So took the subscription for Nifty Options tips in the last week for Jan 2011 for 1 month paying Rs3000/.

Traded only in 2 lots as suggested by them for 25 days (Jan 31st to 24th Feb 2011), totally made loss of 11,650(trading)+1500(brokerage approx.)+3000(subscription fees)=-16,150/ rupees. In this period they given 12 calls, see following image for trade log.

http://i52.tinypic.com/mjw9ph.jpg

What i observed from their calls,
They give huge target in the first sms and later send sms to book the 50% or 100% for 5-20 points, as result if they have 50% success rate also, the rest 50% are of big stop losses eat the profit and you end of negative.
Every morning they send sms saying JAI SHRI KRISHNA, nifty to open so much points up/down, watching SGX Nifty... very funny

They keep sending sms not trade in more than 2 lots and don't invest lacs rupees in sms in options. I think this after hearing gaali from poor clients, even i'm one of them

I called and blasted them for their performance, result they stopped receiving my calls..:-(

What surprised me was, when they published 252 pts (339.73%) positive result on their website. Here is the link http://www.calloptionputoption.com/past-option.htm

If they remove that, here is the snapshot taken by me.

http://i55.tinypic.com/2dbw5zl.jpg



So guys, Please be aware of such bogus websites, all their past performance are fake. Never ever take subscription from their http://www.calloptionputoption.com.

Can i take legal action them as i have all sms sent by them, anyone help me on this.

Thanks
Giri
if any one know , how to mint money from the market, he will never sell his strategy, he will use this strategy for earning himself only.to whom so ever you will pay & follow, he may be coming on tv every morning , but the result will be the same,so my advice never try a second option just to again test, THEY ARE ALL DREAM SELLERS TO EARN FOR THEM SELVES,MY NEXT VIEWS ONCE LISTENING FROM YOU,
 

ashwani chadha

Well-Known Member
#4
if any one know , how to mint money from the market, he will never sell his strategy, he will use this strategy for earning himself only.to whom so ever you will pay & follow, he may be coming on tv every morning , but the result will be the same,so my advice never try a second option just to again test, they are all dream sellers to earn for them selves,my next views once listening from you,
you can take my help at my thread ,if required,i will be obliged , if i can thanks
 
#5
if any one know , how to mint money from the market, he will never sell his strategy, he will use this strategy for earning himself only.to whom so ever you will pay & follow, he may be coming on tv every morning , but the result will be the same,so my advice never try a second option just to again test, THEY ARE ALL DREAM SELLERS TO EARN FOR THEM SELVES,MY NEXT VIEWS ONCE LISTENING FROM YOU,
Said it right!!
 
#6
Boss, don't leave such guys. The consumer forum is meant to handle such crooks. Ask him for a refund of money and to reimburse your losses and also to remove the fake performance data; send him a notice to do all this within 15 days. If he doesn't do this, you can file a case in the consumer forum without fail. Such charlatans need to be taught a lesson.:mad:

Let me know if you need any help in filing a consumer forum case:)
 
#8
Hi
I have been through a similar situation and I have paid 7000 as subscription fees to another similar company. their calls are truly unbelievable.

1. they will send a message then after a while come back saying not performing as per expectations please exit, who will bear that cost.
2. They will give one or two percent target calls, half way through they come and ask you to book partial profit.
3. atleast two to three calls hit stop loss and they send a message saying stoploss has hit please exit.

Unka baap pay karega brokerage, time spent etc, since then i have been doing my own analysis and posting the picks on yahoo group.

please visit my yahoo group its truly working wonders and its free, you dont have to pay a penny to get the tips.

please join my yahoo group for intraday tips
http://finance.groups.yahoo.com/group/Intraday_Stock_Picks/
 
#9
In addition to above views, I want to add something very interesting for this site calloptionputoption.com. These cheaters are having many websites with different names out of which I have seen 2-3. They are claiming same performance and giving assurance to make you rich. So be careful and do not switch to such others site else you will be trapped by same cheaters again.:rofl: Just study 5-8 stocks in detail and watch their movement daily it will help a lot.
 

sumeetsj

Well-Known Member
#10
if any one know , how to mint money from the market, he will never sell his strategy, he will use this strategy for earning himself only.to whom so ever you will pay & follow, he may be coming on tv every morning , but the result will be the same,so my advice never try a second option just to again test, THEY ARE ALL DREAM SELLERS TO EARN FOR THEM SELVES,MY NEXT VIEWS ONCE LISTENING FROM YOU,

This is the perfect point said by Ashwani.
If anyone has a strategy giving consistent returns from the market, then equity/commodity markets are like an ATM machine for him/her.
They can earn money on their own rather than selling calls. Do they not have conviction in their own calls that they do not trade on their own calls ?
Why they need other people to trade ?
Calculating returns should be taught to these guys, 300 % returns are great.
I think one should make an excel sheet to calculate annual or at least half yearly returns, if they are able to give consistent 200% plus returns, the figure would be mind blowing.
 

Broker Special Offers

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

Name:Phone:
Email:City:
State:
Are you a day trader?