Hot Deal Share market Scammers and Prevention Tips

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Deal Cadet
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Share market Scammers and Prevention Tips

1. Chain Marketing Scammers- Let’s see with an example-
Scammers take 1000 emails, divides them into two parts(500-up /500-down), and sends 500 people that Reliance stock will go up and remaining 500 people saying Reliance stock will go down. After a month, if Reliance stock goes up, he will take the 500 emails he sent in favor of stock up; if went down, pick the 500mails sent for down, divide them again in 250-250 batch, and repeat the same process again (250 up – 250 down). Again, pick the 250 up or down depending on the stock going up or down and divide it in 125up-125down batch and repeat the process.
Now, at last, send the remaining 125 people the link of your Stock prediction advisory service saying we predicted the last 3 months correct stocks for you if you want more advisory then subscribe to our pack (generally >15K-20K).
Here the user will see, scammer predicted 3 months correct prediction sequentially and will buy the pack, but in the background, the scammer was just random guessing.

Tip- Always first search yourself about the company, ask others for review. Never trust someone blindly.

2. Penny Stock scam- People sometimes(mostly newbies) buy cheaper stocks like 1 share for 1rs thinking if the share jumps to 2rs pr share there money will get doubled(100% return).
These penny stocks companies are very low liquidity companies. Sudden purchase in their stocks shows huge fluctuations. Sometimes when the owner wants to dump stocks, he will buy stocks first from the market, and the stock price will start going high, and investors will start investing, seeing huge 40-50% profit returns. Once the price goes high enough, the owner will dump all the stocks from a third party, and stocks will fall. In the end, these uneducated/newbie investors will lose money.

Tip- If the share is dropped to a very low price means the company is facing some problems and is unable to generate profits else there are various big whales in the stock market who are ready to buy value stocks at a lower price. Stay away from those stocks, invest in quality, fundamentally strong companies those who can show some returns and willing to stay for longer.

3. Profit guaranteed scammers- Nowadays, you will see many social media ads saying that Guaranteed returns, take our advice and invest, get 40-50% ROI, and will show proof of balance sheet that they earned huge profits.
Tip- First of all, no one(NOO ONE) can guarantee returns in the stock market. Warren Buffet himself will never say invest in this and get guaranteed return. These scammers are here to loot your money by showing edited balance sheets or only profit balance sheets(hiding the loss). Don’t trust someone for guaranteed profits.

Tips to check before start investing-
1. Always check/ask the person/advisory – Are you registered with SEBI? if they are so-called expert, why not get registered with SEBI.
SEBI registered person/advisory is generally audited/verified, and mostly they can’t run away after scamming.
→ Check the SEBI license if the person/advisory showing the license is generated using the same name they are showing to you/website. Sometimes they show that they are SEBI registered, but the license belongs to someone else and is illegally used to scam people.

2. If any trader/investor/broker asks you to deposit money in an account and asks id-password saying they will do trading/investing themself and will earn you money. Never give it up else; you will lose what you already had. This is totally illegal.

3. If anyone asks you to send some money to them and in return, they will earn and give you extra money every month. Please run away
4. If someone forces you to open an account at a specific broker, only he will give you tips/advice. Please don’t do it. He may have tied up with that broker and will make you do lots of transactions in return, They will eat up a lot of brokerage commission.

At last, the most crucial point, “Only invest the money you can afford to lose”, the share market is a risky game never invest above your capacity, that you may go broke if you lose it all.

58 Comments  |  
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Deal Lieutenant
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Email trick is innovative, can trap many smile
Anyways we should always follow strict personal StopLoss irrespective of any advice

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Deal Subedar
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…remind me of Jaspal Bhatti’s waterball (golgappe)shares smile

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Analyst
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People just look at penny stock by their price only .

I was fortunate because I alway got my bills paid by these penny stock companies.

Seen good companies trading at ₹800 fall so low that they were finally barred from stock market. They are below the penny stock levels.

Know the MD’s, Chairman’s and staff since most are with me for 25 years.

Here is the general background of such companies.

  • big loans for failed project or no working capital and bigger interest burden company cannot pay.
    *wrong decisions by owners.
  • Some money siphoned, some spent on lavish personal expenses at company cost.
  • Govt regulations problems
  • babus screwing the owners like gst penalty, income tax penalty, ppf penalty amounting to humongous amounts.
    *Employees not paid salaries for 6 months.
  • changing business scene where its no longer viable business.

Look at the company not at its penny price. Companies like Ruchi soya was bought for a song by ramdev baba. He benefited alone, not those share holders who lost all their money.

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Deal Captain
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VU++ and Karma Added For The Informative and To The Point Post .. Thanks sunglasses

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Deal Subedar
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Thanks for informative post 😀👍

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Deal Subedar
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Last line is best "Only invest the money you can afford to lose” vu kg+

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Deal Newbie
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VU+ and karma added , thanks for the pin point post plus1

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Deal Lieutenant
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There are some points
1) There are diamonds in this unregulated scam markets. They are not SEBI registered, yet they give stellar calls, that too for free. They make people open demat accounts from their link. I think SEBi should come up with some sort of schemes to absorb them into the ecosystem. SEBI registered does not guaranty good performance. I am part of a group of enthusiasts in stock market. I consider myself lucky to have them in my life. There is no entry fee, it is just the entry is too difficult to have and they don’t allow outsiders. So, I will encourage people to find such groups, where instead of receiving tips, you could ask opinions of such people.
2) Nirmal Bang did that. A lot of people lost their money.
3) absolutely right
4) Siva option scalper makes new comers to open accounts with tradesmart, worth 4000+18%gst/ month. I had a scene in Telegram with his user. I showed them that Scalping can be done without training @garamjalebi bro ghapaghap trading back to back smiling_imp . Then I exited the group.

There is a new poison in the market, i.e. Webinar. You ll pay 9999 for four days to attend some stupid webinars and commentary. That’s pathetic. People sale courses etc etc. They have youtube channels. Chamchas ll be like Ji Guruji Jai ho Guruji. Stupid people like me get carried away and join those course, not me though sunglasses This must stop

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Deal Subedar
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bikidas2060 wrote:

Now that i call is pure comedy….jaspal bhatti…nothing double meaning….and the guy is sincerely missed today…#respect.

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Deal Cadet
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Nice info…thanks…vu

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Deal Cadet
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Good information

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Deal Cadet
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Vu the first point sounds interesting..

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Deal Cadet
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bikidas2060 wrote:

There are some points
1) There are diamonds in this unregulated scam markets. They are not SEBI registered, yet they give stellar calls, that too for free. They make people open demat accounts from their link. I think SEBi should come up with some sort of schemes to absorb them into the ecosystem. SEBI registered does not guaranty good performance. I am part of a group of enthusiasts in stock market. I consider myself lucky to have them in my life. There is no entry fee, it is just the entry is too difficult to have and they don’t allow outsiders. So, I will encourage people to find such groups, where instead of receiving tips, you could ask opinions of such people.
2) Nirmal Bang did that. A lot of people lost their money.
3) absolutely right
4) Siva option scalper makes new comers to open accounts with tradesmart, worth 4000+18%gst/ month. I had a scene in Telegram with his user. I showed them that Scalping can be done without training @garamjalebi bro ghapaghap trading back to back smiling_imp . Then I exited the group.

There is a new poison in the market, i.e. Webinar. You ll pay 9999 for four days to attend some stupid webinars and commentary. That’s pathetic. People sale courses etc etc. They have youtube channels. Chamchas ll be like Ji Guruji Jai ho Guruji. Stupid people like me get carried away and join those course, not me though sunglasses This must stop

True even i fell for one so called course and learning though slowly…alteast some eye opener for the money lost

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Deal Subedar
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@Apun-hi-bhagwan-hai good share.
you should add credits in your post to pranjal kamra.
all content is available on his youtube channel.

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Deal Newbie
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This a good post. Thanks for sharing with us. We need to be careful.

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Deal Subedar
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Good information

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Deal Newbie
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VU +
for just info smile grinning stuck_out_tongue reliance may be in range bound till 20 Aug after that it may move up/down smiling_imp wink

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Deal Newbie
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Invest in mutual funds… For stock market wait fr huge downfalls invest once in a year n exit with 30% gain…

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Deal Cadet
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Wonderful
Thank you for this.
Please educate. You need a larger forum and greater audience.
Please do a YouTube video or a blog and share.. we shall share it over and over plus1 pray

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Deal Cadet
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Good post thanks for sharing.

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Deal Cadet
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My first time experience with the call from these scammers was incredible… When I opened my first demat account in SBI, after a month a guy called me and telling me that they have a company which have so many share market experts and can give me guarented 50% profit in just one week….

I wasn’t aware of these type of scams at that time, but maybe it was his bad luck that I was watching The Wolf of Wall Street at that time…

So, after hearing his offer, my reaction was like….
Rakh teri maa ki😅

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Deal Lieutenant
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I already voted up and gave your karma for your explanation OP.

My thoughts on these are as follows :

1. Mostly these are the ones who generally are based in Indore. So stay away from people who call you up and say “Sir, Apka trading kaise chalrah hai ?”
2. These are the ones who are the main operators who drive these penny stocks/NSE. People like Arvind Bajaj have this setup going from several years (i too bought some shares earlier but booked my profits well in time and later on got to know about this whole gamble)

Pro Tip – Tip- If the share is dropped to a very low price means the company is facing some problems and is unable to generate profits else there are various big whales in the stock market who are ready to buy value stocks at a lower price. Stay away from those stocks, invest in quality, fundamentally strong companies those who can show some returns and willing to stay for longer as @Apun-hi-bhagwan-hai mentioned these are the stocks like Yes and Jet. The day it had that 50-100rs fluctuation i decided i won’t keep this in my portfolio (i used to day trade in these stocks)
3. Don’t fall in anyone’s shitty trap. Do your own research and learn via YT.

PS – Learn to analyze as much of stocks you can and improve your technical skills because if you can master your skills here then no one will stop you from minting money (Probably these scammers will also tell everyone to buy such stocks haha).

If you learn to decode charts and it works out well it as expected then that level of happiness is something really i really can’t express.

Hot Picks which broke out recently are Eclerx and Venkey’s. Do your own homework and paper trade too to get enough conviction on your picks.

#Happy Investing#ApkaApnaJJ wink

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Deal Cadet
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mrKool_JJ wrote:

I already voted up and gave your karma for your explanation OP.

My thoughts on these are as follows :

1. Mostly these are the ones who generally are based in Indore. So stay away from people who call you up and say “Sir, Apka trading kaise chalrah hai ?”
2. These are the ones who are the main operators who drive these penny stocks/NSE. People like Arvind Bajaj have this setup going from several years (i too bought some shares earlier but booked my profits well in time and later on got to know about this whole gamble)

Pro Tip – Tip- If the share is dropped to a very low price means the company is facing some problems and is unable to generate profits else there are various big whales in the stock market who are ready to buy value stocks at a lower price. Stay away from those stocks, invest in quality, fundamentally strong companies those who can show some returns and willing to stay for longer as @Apun-hi-bhagwan-hai mentioned these are the stocks like Yes and Jet. The day it had that 50-100rs fluctuation i decided i won’t keep this in my portfolio (i used to day trade in these stocks)
3. Don’t fall in anyone’s shitty trap. Do your own research and learn via YT.

PS – Learn to analyze as much of stocks you can and improve your technical skills because if you can master your skills here then no one will stop you from minting money (Probably these scammers will also tell everyone to buy such stocks haha).

If you learn to decode charts and it works out well it expected then that level of happiness is something really i really can’t express.

Hot Picks which broke out recently are Eclerx and Venkey’s. Do your own homework and paper trade too to get enough conviction on your picks.

#Happy Investing#ApkaApnaJJ wink

how did u find these companies(venkeys eclerx) for analysis

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Deal Lieutenant
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dealu22 wrote:

how did u find these companies(venkeys eclerx) for analysis

Chartink, mmb & investing too.

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Deal Cadet
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mrKool_JJ wrote:

Chartink, mmb & investing too.

will u elaborate these terms pls

edit: googled these are prediction sites
bt how to filter from so much data

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Deal Lieutenant
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dealu22 wrote:

will u elaborate these terms pls

edit: googled these are prediction sites
bt how to filter from so much data

Depends on various different factors like spurt in volumes, past trend, breakouts, delivery % etc etc.

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