Looking for a mentor in option trading

[oldtrader]

How can you sell something which is already available for free.

The course is just a manipulation of numbers on the assumption that nobody will backtest. And if somebody does backtesting, say that backtesting is useless.

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[jatin.gg00]

Hi All,
And not only this, this guy is a very clever sales person. Since I am also in sales department, I can understand this very well. In one of his e-mails he said that his course is taken by University professors, Ph.D holders, Bankers, Retired professionals, and so on. Very true... Nothing special in that. Any business entity has customers and these customers include University professors, Ph.D holders, Bankers, Retired professionals and some illiterate persons also, so what is the big deal in that:lol:

so this guy has done nothing but just made a hype of himself and then he got associated with Zerodha and then with some tips provider also to earn more and more.

 

[jatin.gg00]

It pains to see how these guys are fleecing innocent people. His mails are full of hypocricy. Pls have a look at one of his mail, it is 100% intended to rope in new clients and look what he claims, he says he is providing support to his clients through the mails.

What pains me more is that nobody from the forum is raising a voice over this cheating. Common guys what are u afraid of.

Yes we all need to raise our voice against this manipulation especially when he claims that the other tips providers are cheating the innocent traders.

 

[jatin.gg00]

and thanks to God and TJ that I did not take his course. if I would not have read here if would have taken his course.

 

[mathivanansub]

Yes we all need to raise our voice against this manipulation especially when he claims that the other tips providers are cheating the innocent traders.

Yes Dilip Shaw is bashing at all other strategies and methods as if he is providing immaculately superior course which does not have any of these flaws. But the fact is like others his course also has the same flaws. If you see all his writings in blogs or mailers will revolve around criticizing other methods, just to give an impression that doing his course will not have these drawbacks.

He is talking so much about hedging and saying that those taking positions without hedging are fools. At the same time he is running a tip service for nifty positional trades, which is not hedged. He says hedging there would eat into the profits, because the calls provided are so perfect, so hedging is optional.

He hastened his sales by declaring that he is going to double the fees to 10000/- for the same course after 1st march 2016. Then by march he declared that, just to help poor traders he is extending the time till 1st April 2016, By the financial year end of March 2016 he would definitely split up the course and increase fees. Now there is no news about it. May be he wants to help a few more poor traders.

 

[oldtrader]

Yes Dilip Shaw is bashing at all other strategies and methods as if he is providing immaculately superior course which does not have any of these flaws. But the fact is like others his course also has the same flaws. If you see all his writings in blogs or mailers will revolve around criticizing other methods, just to give an impression that doing his course will not have these drawbacks.

He is talking so much about hedging and saying that those taking positions without hedging are fools. At the same time he is running a tip service for nifty positional trades, which is not hedged. He says hedging there would eat into the profits, because the calls provided are so perfect, so hedging is optional.

He hastened his sales by declaring that he is going to double the fees to 10000/- for the same course after 1st march 2016. Then by march he declared that, just to help poor traders he is extending the time till 1st April 2016, By the financial year end of March 2016 he would definitely split up the course and increase fees. Now there is no news about it. May be he wants to help a few more poor traders.

He is helping the traders is getting poor. Is he not.

Till last month he was beating drums about his tips service. His words---- India's Top TA (Technical Analyst) whose opinions are sought after in Television during live market hours.----- Nowadays there is no word about it. My dear friend, there are tips providers out there for as low as 1100 per month, and they have confirmed track record of minimum 100+ points per month, that too in option buying. Then who will take your service at 5000 rs for 50 points. Does not matter , who your analyst is . Market cares a damn about it.

Why are all these guys implementing their MBA tactics on poor guys.

 

[lemondew]

Funny. :lol: Wheres his blog
Is this one http://www.theoptioncourse.com/

Yes Dilip Shaw is bashing at all other strategies and methods as if he is providing immaculately superior course which does not have any of these flaws. But the fact is like others his course also has the same flaws. If you see all his writings in blogs or mailers will revolve around criticizing other methods, just to give an impression that doing his course will not have these drawbacks.

He is talking so much about hedging and saying that those taking positions without hedging are fools. At the same time he is running a tip service for nifty positional trades, which is not hedged. He says hedging there would eat into the profits, because the calls provided are so perfect, so hedging is optional.

He hastened his sales by declaring that he is going to double the fees to 10000/- for the same course after 1st march 2016. Then by march he declared that, just to help poor traders he is extending the time till 1st April 2016, By the financial year end of March 2016 he would definitely split up the course and increase fees. Now there is no news about it. May be he wants to help a few more poor traders.

 

[oldtrader]

Funny. :lol: Wheres his blog
Is this one http://www.theoptioncourse.com/

That is the one . Do subscribe to his free mailing list. You will receive hillarious laughing material directly in your mail. And his one sided tirade against naked trading. Both the paid and unpaid clients get the same mail. Only difference--- there will be mention of Strategies, which only the paid clients will be knowing. Of course there will be reminders to join the course.

 

[lemondew]

Folks....

"Fact is whatever you do it’s really hard to make a profit out of sold options gone into losses.

Instead of trying to save a situation where you are losing money, it is always better let go of your ego and stop further losses in the trade. Then wait for the next opportunity to trade."

He says here to take losses and losses are bound to come I agree

" Any references in this site of income made from the trades by the traders taken the course are 100% correct and genuine.
I will give you their trades as proof.
However every trade depends on the trader and his level of risk taking capability and knowledge.
Moreover stock market investments are subject to market risks.
Therefore there is no guarantee that everyone will achieve the same or similar results.
My aim is to make you a better & disciplined trader with the strategies you get from it. Thank You"

The above also states there is no guarantee clearly as well

 

[lemondew]

"I offer a course that can help you learn to trade conservative option strategies for monthly income. Once you finish the course you can start trading immediately. You can start trading from any day. No need to wait for expiry. You will make profits consistently."


Here he says you will make profits consistently. Looks like there are folks who have taken course and not made profits consistently May be thats the controversy about