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Stock Phoenix Trap
Sep 18, 2020 07:25 PM 349 Views
(Updated Sep 20, 2020 03:08 PM)

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Hi Everyone, I thought really hard before writing this review. I will try to give an honest opinion without any prejudice. But if you like the answer for you to choose. I joined the batch on the last day of registration after seeing the profit screenshots and calls on their Telegram Channel. Each batch students are added to a telegram channel and talking outside the group is a strict no, the reason will be obvious later. The classes are from 7–9 PM where you can ask questions as chat, most of the time the answer will be to wait or to rewatch the video later. Since previous batch students can attend the classes again, most of the time questions will be off-topic or ignored. That happens every day until the end.


The clarification classes are a joke because one hour is not enough to answer all the questions from 100 students in each session. They also give you access to their premium channels where pro students post their calls. These are only valid for 3 months, after that if you want to use it, either you have to pay or open a trading account under their referral. They promote Upstox and you will have to do Intraday trading to generate them revenue so they will give access. That is the crux of the course, once you complete the course, if you already have to know how knowledge or you got that logic of trading, you can make a profit. Since most of the trading strategies they teach are positional, high capital is needed to trade and make a profit. Intraday is breezed past saying it is the same as positional on a lower timeframe, trendlines are not taught.


They teach all these strategies but they won't even show the proper way on how to take entry and exit in a live session. As an amateur myself, that was something I was looking for when I joined but that's not there. After learning on my own what I found is anyone can say anything after trading hours looking at the chart, the live trading is different, which they only do to promote and attract new clients. Next is their attitude, they ask to follow them on youtube, Tradingview, send feedback. But only positive comments are welcomed, one criticism and that chat will be deleted or ignored. After talking to a few people from my batch, many share the same opinion as me. That is why they want to restrict talking to batch mates outside the telegram channel. Two of my batch mates were removed from the group when they questioned their methods. After the 21 days are over, then don't expect any help from them.


If you don't trade in the trading account under their referral, make them some profit, your premium access will be revoked. Then they try to sell more courses to you saying they are better. The profit screenshots are posted by people who make trades based on calls from the premium channel. The people who post on the premium channel mostly use their own strategies, not what is taught in the course. If you have 30k to spare to learn basics, then you can choose them. It is better to find someone to teach you basics who won't charge this much. The screenshots and feedback are a trap, there are many losses and negative feedback that they obviously won't share.


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