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9 023
Sanjeev Gaur: GUI Trading: Market Profile and Order flow trainer
Sanjeev Gaur's GUI Trading venture, backed by Quantower, is nothing short of a cringe-fest. His webinars are a display of outdated information wrapped in a facade of unwarranted confidence. The information he tells is mostly outdated. He peddles these presentations as if they are foolproof strategies, claiming success rates of 89% or 94%. However, he conveniently evades live questions, thereby maintaining a stranglehold on the narrative.
His YouTube videos, reminiscent of clickbait extraordinaire Ruchir Gupta, are full of misleading titles like "Operator ko samajh jaoge" and "95% accuracy." The sole purpose of these flashy videos is to lure unsuspecting beginners into his CTC course, which he shamelessly charges 20 to 30 grand for. He has prerecorded content and live sessions. He keeps saying I am very proud of the way I explain, so focus and try to understand. The presentations has atrocious animations: during a webinar when someone pointed out to put out the animations, this a$$hole said that if that person cannot focus, it is his problem.
Coming to his CTC course, he will just rehash what is written in Jim Dalton’s book, including much of the content that is outdated and Danton himself has discarded. But since there is no new book, this copy-paste content creator essentially regurgitates Dalton's work. In fact he shamelessly plagiarizes learnings from other groups. When the admin of the group asked him about this, he brazenly asks ‘Copyright hai to bata do?’
Admin of a telegram group:
Brazen response from Sanjeev Gaur:
So one can understand his depth of understanding in the market profile. When questioned about his proficiency, it becomes evident that he's not even a profitable trader. His discussion in the same group from where he plagiarised content, shows that he said "mentoring is a source of income for me. Trading income se waise bhi ghar nahin chala sakte. Naukri kar nahin raha" speaks volumes about his trading skills, or the lack thereof. It's clear that he can't make ends meet through actual trading.
For those deluding themselves into thinking that his course will unlock a treasure trove, remember this meme
Trading seekhne gaye the, pata chala sir loss mein hain, and training se ghar chala rahe hain
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Sivam option selling course review
Thanks to FTU group for sharing this course.. As I started exploring about options I got this from FTU channel. If you are a new person who need to understand options then this course is not for you…. He only covered how to decide the Range of the market using India VIX and spray from that he could only explain how to trade using strangles and iron condor.. while explains this strategy itself he was confused in calculations and this happened many times.
He also covered other options selling strategies which is not clear and waste of time..
Overall the only takeaway was how to identify the range of market using India VIX and his understanding of strangles was ok. Rest all crap.
People who don’t have course of Sivam options - please google/YouTube the following points
1. How to find range of nifty/bank nifty using India-VIX
2. What is strangles option strategy and learn on how to adjust them.
If you can do your own learning on above 2 points then you can ignore his course.
Also people with less understanding of hindi. It is very tough for them to follow him.
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100000 people will search for a course.
10000 people will find it.
1000 will download it.
100 will actually watch it.
10 will apply.
1 will succeed.
The ratio is 10:1 between applying and succeding.
and 10000:1 in finding and succeding.
9 023
I want to share a review of Mahesh Chander Kaushik's strategies.
So one of my friend suggested me that this person shared some low risk methods to earn consistently from markets with index beating returns. As the system was rule based, so I thought to backtest it.
1. First was Share genius SIP. In this, when index rises, according to some formula, we lowers our sip amount, and increases SIP amount when index falls.
Now, the problem with this approach is that in bull or sideways markets, our exposure to markets decreases, thereby reducing returns.
2. Alchemist method: This is kind of swing trading setup which does lumpsum and SIP in Nifty and nifty bees indices. In this, we invest when index falls, and book profits at 6%. In backtest, this setup generates around 69% returns in 5 years. But in reality, after tax, the returns would be 10% less. On the contrary, if one just split his money and invest 50% each in Nifty bees and nifty 50%, that would generate around 82% returns.
Conclusion: both strategies are low risk but do not beat index returns.
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Bottom line : He is just another market Gimmicks who says a lot in public forum but he just teaching the basics in his course. There are many free YouTube channels for OrderFlow and Volume Profile. They're far better than his courses as many advances are discussed. Don't fall for his Gimmick indicators. There is no need to leak any course videos to public forum as it covers only basic. YT videos are more sufficient. He always claims Volume analysis is best. Eventhough he knows the concepts but he is not teaching in his course which is really pathetic and frustrating. Since he's posting so many luring post in last 4 months, i made this post.
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Killer Trader's Detailed course review :
Joined his course by following almost 1yr in both telegram and twitter post, where he explained a lot of volume profile & order flow, in both live and EOD analysis. Whatever he said it makes logical sense, since I'm learning the same concepts for the last 2yr. So to improve my knowledge further thought to join. But within 4 sessions realised something is wrong and after completing his course, I confirmed it's complete waste of money, 18499.
Course Contents : Volume Profile(VP), Order Flow(OF), KT indicators (Gimmick indicator) and Risk Management
What he says about his course vs what he actually delivering:
1. Mentorship program designed for beginners to advanced traders ~ He just giving basics about VP & OF. Not even basics+
2. 10 sessions of 15hrs+ content ~ only 5hrs for VP & OF (basics). KT indicator - 3hr. and other are 5hrs. total around 13.
3. 6months intensive learning through weekend Analysis & continued Guidance ~ In last 2 months, there is no session happened on weekend. And there is no guidance even if we ask multiple questions in the private forum. but for some questions answered in twitter not in the forum.
Private forum & Public forum :
Private forum is only on web and KT Android app, in which UI is worst. And we can connect only with KT not even co-trading members. There are many more concepts which he didn't teach in his course but the same said in the public forum (mainly in twitter). If we ask the reason why these are not taught in the mentorship program, he's saying "I can't disclose all the concepts in the course, since it may confusing you. So I just covered basics". My mind says, "then why the **** I need to join". Once course had ended, he barely speaking in the private forum. Even if we ask any doubt or weekend session, there won't be any reply for 2 or 3 days. At the same time, in telegram and twitter he posts daily 4/5 messages. "What a fool am I" to join his course even after knowing many fake gurus are there.
KT Gimmick Indicator :
Most of the people are falling into his indicators Trap. This might help some people to avoid. Rather than teaching the volume concepts in depth, he always used to focus on to promote his KT indicators. Despite there is no much support from him, sometimes he barely connects & try to clear the doubt. Whatever the doubt we ask, all the time he used to say only with his indicators than Orderflow/VolumeProfile. Even if we ask to clear the doubt based on OF/VP, he claims "Most of the students are using only KT indicators. So I can't say more about OF/VP". If we insist again, then he's giving some inputs. It's not a character of a mentor, it's furus.
Gimmick Indicator's calculation (based on my observation) :
He never reveals calculation of any indicators (like other Furus) and makes the student to blindly follow some rules. He must have taught the concepts & logics clearly rather than blind rules. It's similar like "if market broke above CPR, it reaches R1". No logic, only blind rules which won't work in all scenarios.
Totally 3 indicators. 2 are based on volatility, he created KT optics (similar like CPR's S&R) & Momentum Matrix. He always claims its a leading indicator. But all are plotted based on past market movements, so most of them are aware it's a lagging indicator. (so don't ever accuse its leading). Last one, delta band where he claims it's created based on numerous calculation from orderflow. Hereby he would've created so many rules where he only has clear idea about it but says 3/4 concepts in the course. If we ask further, again he says "I can't disclose all the concepts, since it may confusing you. So I just covered basics". Gooddd, how many times..!!!
9 023
CPR by KGS Course review:
Firstly, Let me thank FTU group for sharing this course.
After going through his videos in YouTube, I was desperate to join his course. But I kept waiting till it got shared in our group. Again thanks is very small thing to say to FTU trading group for all that you guys are doing:
Coming to the course, It all started with basics of Options and he Mr. KGS tried to explain Option chain for first couple of hours, I should say he literally failed to explain about OI. He say OI is imp initially and later he says it is not imp as he could not explain it clearly. Please do some research around OI before attending the course.
Next he starts talking about moving averages (20, 50 and 200) SMA concepts and he derived a strategy as RTP( Railway Track pattern). I would say this is the only strategy which is explains in his paid course. Rest he touches some basics around CPR which his YouTube videos are itself sufficient. He also touched on caramel pivots very little at the end.
My suggestion: please try to search about railway track pattern using moving averages in YouTube or google and learn it offline and then go through his YouTube channel and learn his CPR technics. That’s it you will be covered with his paid course.
Overall he talks around this RTP pattern, that’s all about his course. If you are a new comer just go through his YouTube video and understand RTP offline should be fine. Since his strategy plays around moving averages and if you are playing around options, his strategy will not make you big profits as it is a lagging indicators. Probably learn about price action using CPR should be best
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Hi Guys,
I am exploring the possibility of having all the annual reports of NSE/BSE companies in one place, with advanced search options to filter and query the reports by various parameters, such as financial performance, management, operations, corporate social responsibility, and governance. My aim is to understand if this would make it easier for investors and analysts to access the important information they need to make informed decisions.
1. How is the annual report of a company beneficial for others?
2. How useful would it be if we provide all annual reports of NSE/BSE companies (including latest and past reports) in one place with the ability to filter and query the reports by various parameters, like financial performance, management, operations, corporate social responsibility and governance, using advanced search options?
3. Would this give investors and analysts an easy access to all the important information they need to make informed decisions?
Please take a few minutes to fill out this form by clicking the link below. Your responses will help us gather valuable feedback.
https://docs.google.com/forms/d/e/1FAIpQLSeSlsImtVkTwj8t3xPr6wiFlsybs0OoPhlKlv_fcbPteqXCjg/viewform?usp=pp_url
9 023
Happy New Year Everyone I hope this year you guys will avoid fake mentors and will focus on free resources and will try to build your own strategy
9 023
Course - Varchaswa
Mentor - Mayank sharma
Course rating - 0
He has started to advertise heavily on his telegram channel and Instagram page, asking people to join royal ( 55,000 /-) program where he says that he teaches Algo, institutional smart money concepts(smc), Time theory and other new and unknown concepts. I joined this program only to know that he teaches basic smc which is already available on YouTube , other concepts are not taught and he keeps them a secret , there are no doubt sessions. He's a egoistic guy and keeps warning anybody who raises voice against him in the telegram group. He has a Bunch of guys who always keep appreciating him and thanking him for no sensible reason. I talked with some fellow members and they too didn't know how to trade even after paying 55k, they are confused but also scared to speak up against mayank, afraid that they'll be removed from the telegram group. He will show some analysis and when asked the details about it he'll say that "that's a secret". Never Waste money on these cheap people who don't want to spread knowledge and keep it to themselves. Don't waste your hard earned money on this clown.
9 023
I am happily reviewing about Master The Market Mentorship (MTMM) by Reincarnation (a) Indyan sir.
Channel: https://t.me/indyantrade
I have joined his mentorship program on Aug batch. He is teaching all about price action trading in advanced level. Initially he starts with Market Structure and moving to Wolfe Wave and next about Harmonics. Once completing it, next advanced level of price action concepts with supply and demand methods taught. And finally about Elliott Waves.
Whatever he is sharing in his channel through charts, he will teach all concepts with handholding. I think this is the most important crux of the complete mentorship. Normally he teaches concepts in weekend session, and for the weekdays doubt sessions are conducted. Wherein he will teach how to apply the concepts in charts and how many doubts that we have, we can ask in sessions and in group will be answered by himself and his admin team continuosly. Never rushed to complete the topics, even the discussions will be going more than 2 or 3 hours.
Homeworks are given to the fullest and we have been asked to share minimum 50 charts after each concept has been taught. He will check and correct all the charts mistakes completely. Nothing will be missed and that too happen in live market sessions. In live market, we have been asked to find out the patterns whatever we learnt in the session. I think no one teach this much in live market sessions. Its a kind of everyday learning. And after the mentorship access will be given to the premium custom made indicators also. Its a complete package I can say, he will never leave you until you catch upto the concepts and really practice in the charts. A worthy and dream mentorship that you can ever attend and get knowledge from one of the best which is more than every penny paid.
We are free to communicate with any member in the mentorship to share our thoughts and learn together. In weekdays session, mentees asked to take sessions to boost up their confidence and can clarify doubts. Personally I have language issue in understanding the concepts, but he conducted separate sessions for me and other mentees who has language problems. Individual attention is guaranteed in his mentorship.
I strongly recommend to anyone who is willing to take trading as a profession and passion can join his mentorship and learn never learnt techniques, even knowing in the past, will be learning again in new dimension. Happy Learning !!!
9 023
Course Name- Elliott ki Pathshala
Or Elliott Wave Analysis
I purchased there basic level course for 15k
In which they gave me cracked MTPredictor software (Just with automated MTP signals TSI, TS2, TS3, TS4 & DP)
Offline software setup will not be provided by them in your pc, they'll just install software add-ons in your computer and delete all the setup files from your pc and If you want to reinstall it in future you'll have to ask them to install it again.
*In the training
Day 1 they'll tell you the basic of Ninja trader Software which you can get on YouTube for free.
Day 2 they'll teach you how to connect data vendor to Ninja trader & import data to it.
Day 3 will just tell about those setups which is automatically provided by MTPredictor that you'll have to take entry anytime if TS1,TS2,TS3,TS4 appears in Analyzer for DP just take entry only if it has a 4-5+ wave zigzag.
Day 4 they'll teach about Psychology
I'll prefer go & watch Power of Stocks/Abhishek Kar on any other good Youtuber for this.
Day 5 Money Management
If you have 50k account, take 10k 5 trades each
And you're done
*But they told me too that the basic level course just has a accuracy of 40-50% but although I took it looking to the Risk Reward Ratio. As I was planning just to take 1:5 trades only.
*They'll not give you the analyzer which counts Elliott wave automatically.
For it you'll have to buy there pro course worth 50k.
*You'll have one to one session.
*They'll not add you into any group where you can get in touch with other students.
*No recording will be provided & you can't record them too.
*I can't say anything about there advance/pro level courses. (No Idea)
Personal Opinion- Don't waste your hard earned money on this course as you won't get any benefit from this basic course.
To use NINJA TRADER too you'll have to subscribe to a LIVE DATA FEED Provider (ACCELPIX or TRUEDATA)
But TECHCHARTS is the cheapest one though, with 500/month plan, In which you'll get 50 stocks live data only and just past 120 days historical data will be provided by the data vendor
If you need MTPredictor Software and Add-ons with all ELLIOTT WAVE Indicators you can get them on Telegram for free,
And can get past 3 years 6 months historical datafeed in (.txt) for NINJA TRADER too on Telegram for Free
As for me now I have been learning about ELLIOTT WAVE theories on my own through books only.
And Yes I am using MTPredictor software too
But I don't work on AUTOMATIC SIGNALS Just on waves.
*If you're trying to learn about Elliott Wave or any other theories of stock market , try to self learn only and trade with that money which you thought to buy a course with, If you'll lose it all you'll get much more learning about stock market rather than any course would've given you.
9 023
Nayanjet Choudhury from TradingND channel is an absolute fraud and scammer.
I paid for his mentorship batch in August and every week he gave us some new excuse to postpone webinar. And now hasn't responded to calls or messages from any of the participants for months.
He has time to post market update and new webinar announcements every single day but doesn't respond to a single message from those who paid him.
He is now using some other platform to conduct his next webinar for 999. Because we reported him to the earlier platform (rigi).
Most probably he will scam this time too and not provide any content.
I request everyone to stay away from this mentally retarded scammer and don't give him your hard earned money. I am taking legal action on him and will not let him get away with this.
He might change his username and channel name after seeing this, like he has already done multiple times. Beware.
9 023
Course Review: Sourabh Sisodia Live Trading Program
sourabh sisodiya started his online live trading few months back. Before the program start it was mentioned that he will live trade with the participants and this program is aimed at guiding and creating more traders and they also promised that with this live trading program we get his training program also and as a mandatory step we need to open an account with IIFL under his sub brokerage. But in reality after the program started they never shared any training course and they mentioned we will receive after completing the 4 months as that course costs 20K. In out of all the trading days Sourabh comes online just few mins before market opens and says based on previous close this would be the scenerio and goes off saying i need to manage my positions. After some times he will come back and says I have to go on to TV program and leaves. Out of the trading days he never took any trade. He only showed the trades which already had. He neither took any trade nor showed how to manage the trade if it goes against our positions. He will say some general 2 or 3 scenarios what we should do in case it goes against us. complete time waste and money waste.Please avoid joining live trading program thinking that we can learn from experienced traders. What i learnt off late if trading is more of an art and it should be learn by our self. Only we should take some guidance form others and rest we should form our own rules and trade accordingly with proper risk management
9 023
Review: Gurumurthy - MyBillion.in
This is to review GuruMurthy's course 'Live Trading Course' to "Create a winning Habit"
Guru with his course intends to teach the following:
• First cut call - <Useless: Most of the time he will buy on the opposite side of trend, and keep averaging the loss making position. He takes pride in making 10 points as if he has won Olympic Gold Medal.' He will keep repeating the mantra 'Trade at the edge, trade with the edge' not realizing what a stupidity he is doing by averaging loss making position rather taking straight trade. Rating 2/10
• Price action trading: No basis for price action. He will create random lines, sometimes with Ichimoku, sometimes with trendlines, sometime with slope of Ichimoku.. No fixed pattern; and each time the price will find support at one of the several lines drawn on the chart. Clap Clap Clap- His 2/3 followers. Rating 2/10
• Fibonacci based prz: Never taught in last two months. Rating 0/10
• Bollinger bands: Decent setup, though never used. Rating 6/10
• High Probability trade set up: Ha Ha Ha: No basis for setup Sometime it is Brucelee hug, kick, punch; or sometime it is reversal from one of lines, or that sun rose in the east! I will be surprised if f any student from the batch can confidently teach a setup they think will work. Rating 2/10
• Ichimoku cloud based trades: Teaches fine, but introduces so many variations in the setup that this becomes more like creating exceptions and exceptions for exceptions. Rating 4/10
• Bank nifty weekly expiry trades: This is fine: Many times it works, but can the students explain the process or can they learn by themselves--Unlikely. Because he explains so many numbers, and volume, and ATP etc that its only confusion at the end. His calls work though Rating 6/10
• Ratio spreads: Same as above: Rating 6/10
• Hero ya zero: Same as above: Rating 6/10
• Asymmetrical trade opportunities: Same as above Rating 6/10
• Nobrainer Delta neutral strategy: Never taught properly. Rating 3/10
• Position sizing: While he suggests to do position sizing but does not explain how to do it: Rating 5/10
• Risk Management: Same as above: Rating 5/10
• De risking: He does suggest to hedge the positions: Rating 7/10
• Swing trading: Does not explain how or when: Rating 2/10
• Investments: Suggests a few scripts: Rating 5/10
• Psychology: OK Rating 5/10
On one of the days, a vocal student ripped Guru's way of taking contra calls. On the last Friday when market started to fall around 3 PM, and finally closed more than 200 points down in 20-30 minutes, Guru keep giving call to buy ATM CE, not once but more than 4-5 times. And, he justified saying that each buy gave him 10 -15 points! Market fell 200 + points, but for he justified by saying each small bounce gave him 10-15 points.
And the funny part-What was the reason for his call? Was it some indicator, market assymetry, or technical? No! NAAMAA! A trident--Guru's invention, a new pattern/shape that he has spotted a few times on the chart. When this student persisted and asked for this pattern's efficacy and the accuracy with backtesting? NO responce! But his students jumped in: "Yes, Guruji, we see it.. Naammaa Works wonders, Sir" WTF?
Guys/Gals, while one might be tantalized by the number of things he is gonna teach, but he neither goes in depth in any while teaching or while trading. Even this month we forced to trade using chart and with one system per week, even then he was all over the place with the system. While using Ichimoku he will draw random lines for support and resistance. Then he will draw lines from Bollinger band to Ichimoku. He will draw a triangle, and a quadrilateral… Sometime one feels that he is learning mathematical shapes. He really is all over the place. His two three long term followers , will continue to say 'yes, Guru ji', Yes-Yes Guru ji'
