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Jhola Chhap Market Experts:
Full-time traders of Stock-markets are a funny mix (I am also one of them). We look for opportunities to meet other traders and exchange trading ideas. One such event gets organized every year wherein members take the opportunity to interact with each
other. The most noticeable urge amongst the participants is to somehow get a Holy-grail trading system and to a sizeable number of participants, it is a big moment when these Market Expert share their "Holy-Grail" system, some r expert in timing market
some have quant some do scalping nd make lakhs in minutes ,numerous things we see wherein even if one bhakt goes to temple and makes a wish to get loss, the God would tell the bhakt, "Sorry I would not be able to give you loss"(yes, this is how that "Expert" introduces
his Holy-Grail system).
one such example of the system i often come across - even 2 days back someone said me sir gave me call at 80 i sold at 90 nd price went to 500 Lets first see what the system was:
(shared by an expert )
This system was supposed to work on Expiry Days from 5.9.2019 onwards.
Say Nifty Spot is at 10900
In between 2.30pm and 3.30pm(on Expiry Day) keep under watch nearest ITM CE and PE . So we consider 10850CE and 10950PE.
Keep an eye on the total value of the two(which would be 100 on Expiry). If you get the total value at less than 100, just buy it and leave it--- next day morning you will have the difference credited in your account.
(m talking abt only expiry day - not 20th sept type day)
So if you happen to buy at 87, you will get 13/- and if you buy at 95/- you will get 5/-
Now for the last few expiries, these free-loaders and tip-seeking bhakts are waiting with bated breath for such an opportunity which has never arrived.🤣🤣🤣🤣🤣
Why did it use to happen?
It used to happen because all the ITM options were needed to be squared off till 29.8.2019 Expiry as anyone found holding them had to pay a penal rate of STT.
Why it is not happening now?
For the same reason---- now there are no penal rates on holding ITM options, so nobody would bother to square them off. And as there would be no hurry to square off, this kind of "arbitrage" opportunity wd not arise.
And now , what these Jhola Chhap Expert is selling? they r selling cherry-picked trading results through his "fellow-experts" and already busy in organizing next get together where "more than 25% per month return" strategies worth
"eight to ten lacs rupees" would be made freely available.
Anyone interested??? ☠️☠️☠️☠️☠️☠️☠️☠️☠️☠️☠️
look for logic for long term sustainability, look for reasoning, expert ma or may not remain with u but ur knowledge will.. u can be cheated by everyone or u can cheat everyone u cant cheat urself in long term...
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