OneMoreAdvice.pdf
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So many member were asking for course suggestion that's why sharing this
This was written by one of our admin parshu bhai
This was written by one of our admin parshu bhai
Its sunday if you are free submit course review it will help others
PS: your indetity will be anonymous
Submit here:- @FTUreviewbot
PS: your indetity will be anonymous
Submit here:- @FTUreviewbot
Course Name: Finroot
Trainer Name: Chirag
Course Rating: 0
Review : He teaches 2 courses basic (25k) and advanced (55k), all coaching is done in person and nothing is done online (To create the hype that its some goldmine). Basic course has 4 garbage strategies call ratio spread, put ratio spread, strangle and calendar. Advanced has some strategies on index only. Training is given to a batch of 4-5 people in a hotel room with lunch included. There is no charts, greeks, OI, logic behind the trades, everything is in the air assuming market will follow your strategy. Asks you to carry a naked call ratio spread on stocks during month start (Dude if stock opens with an upper circuit next day i am done for). Positive reviews are mostly posted by chamchas/blind followers on quora. There is no concept of risk management as you're carrying naked positions, he'll ask to buy a hedge if the stock crosses a certain point, but the concern is if the stock opens with a circuit you're done for, he simply boasts about the strategies which can get you screwed big time. Money was simply to fund his flight from Delhi and food for students.
Totally regret paying for the courses which is not even worth 5k combined.
He's Even mentioned training is only being done to generate capital. No loss strategy is a total gimmick used to thug noobs. 1 of his students had an open position loss of 1 Cr thanks to his naked position strats 😐 during covid crash (This was mentioned by the trainer himself)
Save your hard earned capital
Share @FTUreview so that more people get to know about course reviews
Trainer Name: Chirag
Course Rating: 0
Review : He teaches 2 courses basic (25k) and advanced (55k), all coaching is done in person and nothing is done online (To create the hype that its some goldmine). Basic course has 4 garbage strategies call ratio spread, put ratio spread, strangle and calendar. Advanced has some strategies on index only. Training is given to a batch of 4-5 people in a hotel room with lunch included. There is no charts, greeks, OI, logic behind the trades, everything is in the air assuming market will follow your strategy. Asks you to carry a naked call ratio spread on stocks during month start (Dude if stock opens with an upper circuit next day i am done for). Positive reviews are mostly posted by chamchas/blind followers on quora. There is no concept of risk management as you're carrying naked positions, he'll ask to buy a hedge if the stock crosses a certain point, but the concern is if the stock opens with a circuit you're done for, he simply boasts about the strategies which can get you screwed big time. Money was simply to fund his flight from Delhi and food for students.
Totally regret paying for the courses which is not even worth 5k combined.
He's Even mentioned training is only being done to generate capital. No loss strategy is a total gimmick used to thug noobs. 1 of his students had an open position loss of 1 Cr thanks to his naked position strats 😐 during covid crash (This was mentioned by the trainer himself)
Save your hard earned capital
Share @FTUreview so that more people get to know about course reviews
Review.txt
5.4 KB
Review from a very old member of FTU who is following FTU since initial days i hope this will help many member
Review is long that's why sharing in text file please read and share your thoughts with others so that we all can learn from each other
Review is long that's why sharing in text file please read and share your thoughts with others so that we all can learn from each other
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'
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'
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
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
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.
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.
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.
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.
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.
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.
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
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
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
Google Docs
Survey
This form is totally for the survey purpose. It help us to create some sort of solution to a problem. We will not retain any data of any user. Thank you for participating.
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
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