Intraday Trading Tips Are Real Or Fake !
I am not here to update the intraday trading tips, and there are many websites, consultancies, telegram, and what’s up channels to do that thing.
Most people are trusting those types of channels and losing money.
These all will come through the mindset of easy money and become a one-night billionaire.
At the starting stage of trading, I had also become a member of that club in following the intraday trading tips.
After losing money, I realized that this is not the way to trade to become a successful trader.
If any are following those clubs, I suggest quitting because you may not survive in the market constantly.
By following those channels or consultancies intraday trading tips, one day, you will lose entire capital.
The ultimate way to be a successful trader in the market is to follow your strategy or trading course.
I will explain the scenario, how the members will attract to the channels telegram, and what”s up groups.
Intraday trading tips channels or consultancies will show huge profit screenshots to attract members to join their channel.
They will not share any loses portfolio in their channels.
They will show their client profits and their appreciation; no losses of their client will be displayed.
To attract the members to join, they will provide a free trial; you have to subscribe if you gain profits during that free trial.
What Will Happen In This Case Of Providing The Free Trial ? Intraday Trading Tips
For example, they will make a phone call or message for 2000 members; out of those 2000 people, 1000 members will accept the free trial.
They will give the nifty buying call for 500 members and the nifty selling call for the other 500 members.
One will win the battle among the buyers and sellers, which means 500 members have been filtered.
Lost 500 members will be kept aside.
Again they will provide a nifty buying call for 250 members and a nifty selling call for 250 members.
Among those buyers and sellers, one will win the battle.
Two hundred fifty members have been filtered.
Lost 250 members will be kept aside.
Filtered 250 members think that two calls have been worked out, they were genuine, and we can pay the subscription for the community or club.
Payment of the last 250 members will be their profit.
Intraday trading tips during the free trial will push the customers to subscribe to the channel.
By seeing those profits, you will subscribe to their channel without looking back.
For some members, that trail also will not work; you will be at a loss.
Few channels also won’t provide that free trial; you have to subscribe directly and only get intraday trading tips.
After entering into the community, the scenario will be different.
For the attraction of the members, their publicity should be 80-85 percent accurate.
After subscription, their accuracy should be below 30 percent.
You will lose the entire capital in a minimal period, and you will exit from the market.
When I had entered trading for the first time, I was also a member of that club.
By trusting many consultancies, telegram, and what”s up groups, I had lost my capital.
I realized that consultancies and intraday trading tips would not work.
I started learning and analyzing the market myself
Another kind of intraday trading tip is,
Handling of PMS account. (portfolio management service).
What Is A Portfolio Management Service (PMS) In Intraday Trading Tips ?
We have to submit our Demat account credentials to the person or community who is handling the account.
Entry of the trade is done through them in your account.
It means handling the account by someone, with a percentage like 5-20, or they may charge some fees for managing your account.
You are the investor, and the person or community who are managing your account are traders.
This intraday trading service is profitable for the person or community handling a PMS account (NOT THE INVESTOR).
For a short period, your capital will vanish, and your account will be nill.
Because you are not only the client of that community, many members will join that club.
Imagine that the total number of PMS accounts in that club is approximately 100 members.
For example, in 50 PMS accounts, a buy order is placed for nifty at 15000, or a call option strike price of 15000 is placed.
In the rest of the 50 PMS accounts, a sell order of nifty at 15000 or a put option strike price of 15000 is placed.
Here comes the magic,
Among the buyers and sellers, only one will win the battle.
If your account is on the buying side, the buyers have won the battle, and your portfolio and the rest 49 accounts are in profit.
The rest 50 accounts will be at a loss.
If your account is on the selling side, the seller has won the battle, and your portfolio and the rest 49 accounts are in profit.
The rest 50 accounts will be at a loss.
Among the 100 accounts, 50 accounts have been filtered, either the battle has won by buyers and sellers. (irrespective of the buyers and sellers).
If your account is on the loser’s side, you will think that only one trade has been lost, and you will expect profit in the next trade.
If your account is on the winner’s side, you will bring some customers, friends, or family to join the club.
After completing the first trade, the second trade will be quite the opposite of the first one; in the first case, if you were towards the buying side, you would be on the selling side in the second trade.
Some communities or club members will continuously place the buying or selling positions on only one side, not jumble the positions.
Before taking your PMS account, they will commit to the agreement that we will only take some percentage on your profits (10-20%) if your account is in profit.
You may think that this will be genuine, we may not be able to pay any fees.
You will submit your account to that club or community.
Among the 100 accounts, the winning accounts will be 50, that 50 accounts percentage will be their profit.
One day has been completed by gaining a 50 account percentage.
The next day will be the same; 50 accounts will be on the profit side, and they will get their percentage; the rest 50 accounts will be loose.
It will repeat constantly.
Here the customers or investors are not getting any profits.
The only profit gainers are the club or community members.
Finally, my advice is not to trust any intraday trading tips.
Not to give your account to others as a portfolio management service (PMS).
Giving a PMS account to others means giving away your hair to other hands.
Do not fall into those types of traps on intraday trading tips.
A successful trader does not provide intraday trading tips.
My suggestion is to learn any trading course and trade according to your analysis.
Our recommended course will help to develop your trading skills.
LEARNING AND ANALYSING THE MARKET IS THE KEY TO BE A SUCCESSFUL TRADER.
If you are interested in the trading course and most probable trades, you may contact us to be a profitable and most probable trader.
Our recommended course will be helpful to improve your trading skills.
The original program will be in our private group for a trading course.
For applying these successful intraday trading strategies and the best strategy for intraday trading the best platform is a trading view
I am not a trainer; in the stock market, there are no trainers; all are learners.