Oct 17, 2022 02:27 PM
2002 Views
I generally don't post reviews but today I have seen an inaccurate review of Q7(at least as per my experience), so I thought of penning it down here.
I have lost nearly 20L till 2020 taking services from at least 15plus service providers including big Sebi registered channels and the one who boasts big things in CNBC, Zee tv and all. I am not taking their names but the experience was horrible because most give trade with so low target that I have mostly lost my money because as soon as I enter it goes south but they claim that TGT done and all. So I have had it all. I was looking for a genuine one and that time came across "profitable trader" which is now "Q7 trading solutions" and due to my bf working in cyber security space in hyderbad, I have asked him to check whether what this guy's posts is fabricated or real. Only after getting confirmation from him, I have taken his service with a very low capital of 25k. My thought was, if I lose, I will lose less, if I feel genuine work, I can always increase my capital later on. So, I have taken his account management service.
At this time after 2 years and 3 months, I have a capital of 1.5L and I am part of both the premium channels where he gives calls. Recently he moved from WhatsApp to Rigi, and I think performance or call quality is better in Rigi.
Being a 2 years old client I think I am the right person to write about his services.
First, I start with the negatives:
1. His replies are late. You might have to wait for 3 to 5 hours to get a response from him which he needs to figure out because in a fast world this is definitely a big deterrent.
2. He takes positional calls and sometimes because of large swings in market, mtm varies a lot like I have seen 20k down to 12k gain on a 70k capital. Not all might have a similar kind of mentality to watch the account going 30% negative, I did because I had nothing to lose and I have already withdrawn my 25k capital, so my investment was practically zero, also I had huge respect for his levels, his accuracy is still the best in market.
3. He gives hero zero calls sometimes in his premium channels which is in my view not as good as his other calls as he gives them mostly near expiry end and due to market volatility now a days, premium decay is high, and it becomes zero barring a few. Like recently, Petronet somehow given good gain and I have exited, it's a personal observation.
Now coming to the positives:
1. He has been very transparent from day 1. I was quite impressed by the clear-cut service details with no big words and fancy return expectations. He made a bot system too so that anyone can see the details and take decisions based on the details. Earlier I used to trade in the same account and made profit but he never used my profit screenshots for his promotion. He only used the screenshots of his own profit. Later on, once WFH is over and I too lost money taking trades of my own analysis, I have completely handed over the account to him, thankfully.
2. I have joined over 20+ service providers. 15 before joining Biswarup, 5 after him just to check what others claim is genuine or not. Since July 2021, I have stopped taking services from all apart from Biswarup and deleted all other telegram channels because all others show profit with multiple lots just to inflate the profit number, he is the only one who shows profit with one lot, max two which is rare. None is perfectly accurate but he is better than the rest as far as accuracy is concerned.
3. His analysis and understanding about the market is quite apt. His broader market understanding helped me taking right decisions to build my portfolio. If he gives CE call in something, I buy in cash, in option if at all I lose due to time decay, in cash I earn easily 10% to 15% in that stock, so I don't lose money in those. But as mostly the trades perform I earn in both the ways. See what I believe, it's a business relationship and from my 2 years' experience with him I can tell he is genuine and I have gained so far and in a much better financially sound situations which I owe to him. As a market trader, I have both good and bad experiences but so far I have felt that he does have good knowledge of market. I am not saying that only the way I have gained from him, so it is the case of others but I can vouch for his market analysis as per my experience. Many a time I have also thought that he doesn't know where to exit and all in my initial days but my trust paid off and I have seen him taking care of my account by taking appropriate entry and exit which as a layman might be difficult to understand
So, overall, it has been a satisfactory and very much financially rewarding association. My bf and two of his friends have also taken his premium ones and are moderately satisfied. I don't know how many have read the news of Sensibull closing their advisory arm because of lack of consistency in profitability and they take only Sebi registered analysts. You can understand the situation that even those big names have caused losses to their clients and Sensibull has to shut it down, so I feel it's best to have realistic expectations and you may have a similar or different experience than me but I can vouch on his genuineness to say the least.
Today(17th Oct, 2022) he has booked 7.8k profit in my account.
Thank You