Tips providers are dependent on your subscription by providing intraday calls. Their survival is dependent on projecting magical intraday calls. Your decision is a hard blow to them. Its very bad "Pet par lath marna".
Their basic survival will be a big question if all take decisions such as yours.
None of them is ready to my proposal. Let us fund 50:50 of capital. Let us share 50:50 of profits. They will get advisory fee also from my share of profits. Once 50% of capital is eroded (that is their share) the deal is closed. Whenever I get a call from these Tips providers I propose this and they immediately cut the phone.
Having failed in intraday, I paid 12k to a service provider from Indore today. They told me to go long with 2 lots of banknifty at a certain price. It went up, made a high and came back, I added 2 more lots considering it has broken high of the day and should make new highs. But to my badluck, it took U-turn and started going down. I checked with the service provider if I exit the position and book losses. They said, it will come back up. In minutes of time, it went 200 points below. With cold hands and feet, I booked the loss at 40K.
My losses are now 2.5 lakhs till date\. I started in 2010. Nothing seems to be working. I even dont know what should be stop loss of banknifty which is so volatile.