General Trading Chat

[ncube]

he is sebi registered analyst , today he showd profits since 1/04/2017..............4cr

its not possible in todays era by a big analyst to lie on social media so blatantly , even income tax department is keeping a watch on whole social media , he will be asked and checked for taxes and advanced taxes

i dont know why people dont understand this , maybe its a software issue or red line or he has not refreshed the page or whatever

he is not going to jepordise his sebi registration and his goodwill and he doesnt seem to be a fool

Frankly nobody likes to prove anyone wrong, it is more of bringing awareness that one should not blindly believe & accept what people post on social media or forums. Even if its from a celebrity trader/analyst/guru. One should insist on verifying the facts first.

When a prominent analyst posts huge profit screen shots on social media there is bound to be scrutiny and the person should come-out clean else it creates wrong expectations. Coming from a popular person who is regular on TV, many innocent traders easily believe and fall into the trap that one can achieve such returns consistently. These are not just normal random posts, its direct advertisements for his other services/books/trainings. Its hard to believe a responsible analyst posting on social media messages like made 40 Lakhs today... birthday bills to be paid!! unless he wants to attract more attention?

About the recent ledger screenshot of profits from 01/04/17, one can easily conclude the following...

1. Looks like the person is an IT geek...?He is using windows OS...with 3 browsers Chrome, IE & Firefox.
2. Uses Firefox to check reports... one usually prefers Chrome/IE on windows & Chrome/Firefox on Linux.
3. Kite is more stable on Chrome over IE/Firefox as per initial recommendation from zerodha. Firefox does support quick & easy editing of html code in real time...popular choice among geeks.
4. Also did Zerodha raise any objection after the last expose? As earlier the ledger posts included Zerodha name..now the ledger is from zerodha console and has no Zerodha name on it.

These are just wondering's...may not have any truth to it....but as a celebrity with many followers one should be responsible and provide complete & realistic details. If market starts giving 40 Lakhs to pay for my bills knowing that its my birthday today then something is really wrong.

 

[UberMachine]

Frankly nobody likes to prove anyone wrong, it is more of bringing awareness that one should not blindly believe & accept what people post on social media or forums. Even if its from a celebrity trader/analyst/guru. One should insist on verifying the facts first.

When a prominent analyst posts huge profit screen shots on social media there is bound to be scrutiny and the person should come-out clean else it creates wrong expectations. Coming from a popular person who is regular on TV, many innocent traders easily believe and fall into the trap that one can achieve such returns consistently. These are not just normal random posts, its direct advertisements for his other services/books/trainings. Its hard to believe a responsible analyst posting on social media messages like made 40 Lakhs today... birthday bills to be paid!! unless he wants to attract more attention?

About the recent ledger screenshot of profits from 01/04/17, one can easily conclude the following...

1. Looks like the person is an IT geek...He is using windows OS...with 3 browsers Chrome, IE & Firefox.
2. Uses Firefox to check reports... one usually prefers Chrome/IE on windows & Chrome/Firefox on Linux.
3. Kite is more stable on Chrome over IE/Firefox as per initial recommendation from zerodha. Firefox does support quick & easy editing of html code in real time...popular choice among geeks.
4. Also did Zerodha raise any objection after the last expose? As earlier the ledger posts included Zerodha name..now the ledger is from zerodha console and has no Zerodha name on it.


These are just wondering's...may not have any truth to it....but as a celebrity with many followers one should be responsible and provide complete & realistic details. If market starts giving 40 Lakhs to pay for my bills knowing that its my birthday today then something is really wrong.

@toocool
More than the figures, the real thing is selective posting which would trump most new comers and those with fewer experience. The way its presented gives a feel that's its way too easy to make profits, which though unethical, is still a good marketing strategy on his part.
Taking the figures real too, it doesn't come as a real surprise since we don't know how his trades pan out, his leverage, capital outlay and much more. His profit is 6.4 crores and expenses 2.4 crores, which is 1/3rd of his proft. And @headstrong007 pointed out, he may use his influence to make short term profits when people trade on his advise.

And as a caveat, I don't know AG and I don't watch television and I haven't watched the video.

 

[headstrong007]

@toocool
His profit is 6.4 crores and expenses 2.4 crores, which is 1/3rd of his profit.

expenses 1/3rd of his profit.

Expenses 37.5% of total profit for such a famous and bank nifty specialist(what they called him) CNBC.

Even I had much better performance as a scalper in my younger days of trading. I quit scalping later when I learned how to let your winners run and how to catch the jackpot trades (using HTF charts -> 2hr, 4hr, Eod).

*******
Anyway, we should concentrate on trading than discussing a tips star who try to attract paid subscribers for posting print screens like children. He was already exposed and locked his twitter.

 

[toocool]

@toocool
More than the figures, the real thing is selective posting which would trump most new comers and those with fewer experience. The way its presented gives a feel that's its way too easy to make profits, which though unethical, is still a good marketing strategy on his part.
Taking the figures real too, it doesn't come as a real surprise since we don't know how his trades pan out, his leverage, capital outlay and much more. His profit is 6.4 crores and expenses 2.4 crores, which is 1/3rd of his proft. And @headstrong007 pointed out, he may use his influence to make short term profits when people trade on his advise.

And as a caveat, I don't know AG and I don't watch television and I haven't watched the video.

Well he has posted full ledger also where loss are to the tune of 23 lac in single day as well

And as I said I agree he wants to sell his services too and he is an aggressive personality who likes to show that he is good at what he does, not only that he has written clearly that 95% people will lose even after his seminars too, so all in all he is making a noise and attracting attention.......... Of income tax also and sebi as well

I am 99% sure he is trading and making money exactly as he is showing

You guys want to doubt it, please keep doubting

But I know nobody in his sane mind will kill his SEBI certificate and goodwill and his reputation so openly, he makes 25 lacs to 30 lacs per month from tv appearance only

The guy has colorful and larger than life sort of personality and he is proud of it


Most of us can't understand his personality so we are in doubt

I am not in doubt at all


Sent from my Redmi Note 5 pro using Tapatalk

 

[toocool]

Ok you are telling things like he told you and showed his bank account details of how much he is being paid.

Well I know his cnbc income from a source and about his profits

My logic is simple he is under radar as all of people are on social media

Income tax department and sebi will kill him if he lied

After 18 years of derivative trading, the guy knows this atleast

Don't you think?

Sent from my Redmi Note 5 pro using Tapatalk

 

[vivektrader]

Bajaj finance and DMARt broke daily TDST support today.

Vivek

 

[UberMachine]

Well he has posted full ledger also where loss are to the tune of 23 lac in single day as well

And as I said I agree he wants to sell his services too and he is an aggressive personality who likes to show that he is good at what he does, not only that he has written clearly that 95% people will lose even after his seminars too, so all in all he is making a noise and attracting attention.......... Of income tax also and sebi as well

I am 99% sure he is trading and making money exactly as he is showing

You guys want to doubt it, please keep doubting

But I know nobody in his sane mind will kill his SEBI certificate and goodwill and his reputation so openly, he makes 25 lacs to 30 lacs per month from tv appearance only

The guy has colorful and larger than life sort of personality and he is proud of it


Most of us can't understand his personality so we are in doubt

I am not in doubt at all


Sent from my Redmi Note 5 pro using Tapatalk

As I have already quoted, whatever he has told and shown, is true but that's just because its true doesn't mean it presents the real overall picture.
He could be a successful trader and he won't be fudging his accounts but instead of posting the profits, it could be better if he posts returns and other figures; again its his hard work and he deserves to make it public or withhold it. From the posts here, I get the impression that he shows off a lot (a clever marketing chap) and is a making a lot of money out of it, which is not a bad thing but if it entices gullible investors, then its a topic to be discussed about. And its not restricted to AG alone; for all stock tipsters.

If he has clearly written that 95% people will lose even after this seminars (could you post a link to it), then I regard him as one of the most honest analysts in this industry.

 

[travi]

Bajaj finance and DMARt broke daily TDST support today.

Vivek

Todays price action didn't appear as those one-off days of selling. EoD probably formed many TD flips, now next few sessions will reveal story.

 

[vivektrader]

Todays price action didn't appear as those one-off days of selling. EoD probably formed many TD flips, now next few sessions will reveal story.

It appears more selling will follow, Bajaj closed almost at its low (before adjusted close), that's what the system is indicating. The earlier evolving buy setup was halted by a flip on Friday, only to be taken down much lower today,( even a strong daily support/ consolidation was broken) a fresh buy setup from here, followed by a CD may take the correction much deeper

Vivek

 

[toocool]

As I have already quoted, whatever he has told and shown, is true but that's just because its true doesn't mean it presents the real overall picture.
He could be a successful trader and he won't be fudging his accounts but instead of posting the profits, it could be better if he posts returns and other figures; again its his hard work and he deserves to make it public or withhold it. From the posts here, I get the impression that he shows off a lot (a clever marketing chap) and is a making a lot of money out of it, which is not a bad thing but if it entices gullible investors, then its a topic to be discussed about. And its not restricted to AG alone; for all stock tipsters.

If he has clearly written that 95% people will lose even after this seminars (could you post a link to it), then I regard him as one of the most honest analysts in this industry.

This is the most stupid idea I have heard here that he might be using his calls to make money by taking position in the market as people will follow his calls

Anybody here has guts to do that in banknifty? Show please

And traders here are talking like this and it's amusing to hear

Regarding charges being high? Try to show better reduced charges on 15000 banknifty by trading in it

he has shown charges as well and its open to see, 2.4 crore as charges

Regarding screen of him saying most will fail here it is........ Before that I like him because he shows me trader can and will do good if he tries

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