Algo TRADING SCAMS ! Your account will become ZERO!
Algo Trading Scams
Yes you heard it right,you entire trading account can get wiped off because of one silly mistake! The world of Algo trading looks very fascinating but it also has a dark side and this video talks about the same. While speaking over the phone with Angad bhai,the idea of making this video took birth. Watch till the end as it speaks about a very sensitive issue which has never been addressed on social media.
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Abhishek Kar is an investor cum trader with a decade’s experience in the stock market. He is a TedX speaker and has been a keynote speaker at various university events. With this channel he tries to educate retail about stock markets,derivatives and also helps beginners to learn various concepts of finance ranging from fundamental analysis,options trading,futures trading to technical analysis and even live trading.
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Disclaimer : All the videos made on this channel are for educational purpose. Investing and trading in stock markets is a risky business,hence please do your own research or consult your financial advisor before investing .Abhishek Kar doesnt give any tips or calls,simply expresses views for educational purpose.
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Пікірлер: 1 100
What an amazing analysis !!! You always highlight the second side of coin.
@vinodraishah6194
Жыл бұрын
There is a THIRD side also. Guess what ???
Awesome eye opener video sir ji👌🙏
Thanks for your valuable time and knowledge 🙏☺️🙏
Thank you very much...to give us your valuable information to protect traders....
जनता को सावधान करने के लिए आपको बहुत बहुत धन्यवाद ऐसे अच्छे अच्छे व्हिडिओ और डालते रहो
This is why common specification for API and common trade language specification for programmatic trading needs to be developed, standardisd by SEBI and NSE , Brokers and all Participants so that all common man can use the spec. We need innovation in technology and we can do it collectively.
@dineshs1180
Жыл бұрын
Algo
@vijays123
2 ай бұрын
Low code no code in Algo
Good Knowledge shared by you. Thank you for everything
Very informative video - thanks for uploading...!!!
Abhishek, will it be the same threat if we use Streak because personally we don't share API keys with one developer but may be Streak has it all?
Which language should one learn to understand algo trading more? Some say python
Great message Sir 😊
Informative like always bhaiya 🤟
Great sir ❤
The way of explain 😍😍
@harshbagde1381
10 ай бұрын
Very good
thank you sir... Aap jaise logo k wajah se finally profiable ban pa raha dhire dhire. ❤️
great knowledge, awareness, good job 👌👌👍
Very well explained Abhishek Bhai. Keep up the good work as always Thanks for making this video Kudos.
@AbhishekKar
Жыл бұрын
🙂🙏
@saikatdey4472
Жыл бұрын
@AbhishekKar Tell me one thing ... If I share API keys and loss occours due to DEEP itm option sell or buy... then how the developer make profits?
@vijays123
2 ай бұрын
Tumhara nuksaan kisi aur ka fayada... yaha koi aur nahi tumhara developer hi hei
Sir confusion he agar mere account me loss he to developer ko kaise Fayada hoga kyunki soda to exchange me hota he or vaha dusre to buyer hote he akela thoda developer hota he???
Great Learning Sir Thank You So much
Excellent 👌🏻 video 👌🏻 Eye opening 👌🏻 Thank you sir 🙏
U are best sir love you❤️❤️
Abhiskek ,your video prevented me in subscribing an algo trading company from Indore.Great video,good explanation,keep doing more such videos so that people like me gets educated on Algo Trading.
@ishesh11
Жыл бұрын
Which company? I also got a call from an Indore company.
@pranaypandey1688
Жыл бұрын
I also
@amitbhimani94
3 ай бұрын
Autometa
@kushalbhalekar
28 күн бұрын
I received a call from Akay Infotech, Indore
@VisibleToAnyone007
16 күн бұрын
I also received a call from adonomist algo trading company indore. Mujhe to ye koi froudster lag rhe h Inpe karvahi honi chahiye warna share market se logo ka bharosa hi uth jayega
Bahut badhiya Sirji. Please keep it up.
Thank You !! : )
I both a software & hardware engineer with an intraday trader, I know a little bit about algo trading and how to configure, but I will never try and believe algo trading, I always execute my trade manually. It gives me peace of mind. Human mind works differently during trading time. The only advantage of algo is to punch trades faster and exit faster, at the day end you get a big list of contract note PDF with 3 to 4 figure brokerage and govt fees.
@dog24
Жыл бұрын
oh really?
@suryavegeta12
Жыл бұрын
Obviously you don't know anything then
@naveengladstone4359
Жыл бұрын
it's not the same story with all, i make a living and grow my wealth through markets using my own coded algos
@navneetpareek5270
4 ай бұрын
Ap muje de sakte h
Better to go with reputed algo platforms like Tradetron, Quantiply , Quantman,Algotest etc
@user-pt5pl3nq9c
Жыл бұрын
Are you using anyone of them ?
@sudhakarsivaraman4089
Жыл бұрын
@@user-pt5pl3nq9c using Algotest /Quantiply currently,
@Subscribe_Mr
11 ай бұрын
@@user-pt5pl3nq9c yes we're using more than 8 months total capital of 5lacs only now 102% I'm just made with my strategies 💯😊
@vinayahuja6426
11 күн бұрын
@@Subscribe_Mrcan you please share your strategy?
Thanks for d video🙏
Useful information 👍
He is giving ideas to scammer
@BIT2TECH
Жыл бұрын
😂😂
@Sankalp_359
10 ай бұрын
But this is happening!
@Mr_1K6732
8 ай бұрын
😂
@mr.indianjokerboy3958
5 ай бұрын
😂😂
@jazz4894
2 ай бұрын
😂
I got super scared when I watched the title of this video. Later realised it is not applicable for me as I am writing my own algorithm for my own strategy for my own use. In my opinion, a person who is developer plus trader is a killer combo which I am trying to leverage. Hoping for best results. Thanks for informative video. Was insightful.
@pepo1051
4 ай бұрын
I JUST NEEDED THIS confirmation 😂 YOUR COMMENT HELP ME ALOT
@abhinjr4918
4 ай бұрын
Bhai reply karo mai bhi join kartu mai bhi ek developer hu mai help karuna tumhara kam kam hona ye ga😊
Very nice learning..🙏
Bahut hi badiya jankari sir thanks 🙏🙏
Because of your video i finally understood how my binance account got hacked. unauthorized trades took place in my account between 3-5am in the morning while i was sleeping.I was lucky enough that only 10% of my portfolio was wiped out .stay safe guys :(
@akkii7729
Жыл бұрын
What was your next step and why it happened
@akkii7729
Жыл бұрын
I also trade crypto so some of your suggestion will bless me Thank you bro
Thanks 🙏 Big brother
Nice work bhai .
Yes, Need Algo dark secret sessions.
I want to ask a question, if account api is shared even then trades will be done in account and profit or loss will credited or debited in account. How will scammer take out money to his account? Apart from this from trading account only bank account is linked which is of customer. How will scammer transfer money to his account?
@miltonworkprofile
Ай бұрын
Exactly. This guy has no knowledge. Just spreading false information.
@shashankkushwaha6684
Ай бұрын
Probably the only few sane ones out here like you could point this out. To answer your question: only GOD and this guy knows why. He surely knows the market aspect but he doesn't know the technology aspect of API trading.
Thank you sir...for ur valuable information.....
Thanks sir Great information sir di aap ne.
As a Developer I am just amazed how enthusiastic Abhishek Sir is for educating retail trader Thank you Sir ❣️
@nagarajm5874
Жыл бұрын
How developer get money from client account?
@ayushgourav1896
Жыл бұрын
@@nagarajm5874 through their API Actually if we code that in this situation buy this OTM option through this API then order will execute from client Id and exactly that time the developer will sell that OTM But Abhishek Bhai raise this Small Point ✌🏻
@invincible969
Жыл бұрын
Developer will not steal your money don't worry if he does so then he will be booked under cyber crime just like othe scams ...I think this point should have added in Abhishek's video but it is missing
@nagarajm5874
Жыл бұрын
@@ayushgourav1896 thanks for reply
@pranaytewari955
Жыл бұрын
@@ayushgourav1896 This logic makes no sense because of huge volume in Nifty and Bank Nifty. Buying and selling two three lots will not affect the chart.
@7:18 the spelling should be *there* instead of *their* 😃🙏
Thanks for making this video
thanks sir, awesome video
You can also share the capital to different algo developers and not just one developer ... Like if u have capital of 50 lacs Then u can divide it to 5 different algo developers ...
@akkii7729
Жыл бұрын
And lose it all😊
More videos on algo
Jab koi topic samajh me nahi aati to apka video dhoond ta hun. Shukriya.
Thanks for warning, sir. Good information 👍
Sir can you make a video of just one day lesson that you provide to your premium members?? Live recording of your daily premium charts and entry and exits points so that i can figure out whether I should take your course or not. Don't mind sir. 😊🙏
@AbhishekKar
Жыл бұрын
Course n premium are different. Webinar is live so can't record provide recording and chart membership is about charts and trades I take. It becomes an injustice with those who have paid, hence respectfully will decline despite knowing that if I do,the number of enrollments will skyrocket but that's not the intent...happy with smaller circle 🙂🙏
@sinakimusic4027
Жыл бұрын
@@AbhishekKar okay sir no issue. I have not seen anyone in KZread sharing their premium charts, webinars etc for just even one day. I thought you might like my idea. Your premium viewer base would have increased and even your revenue generation🙏😜
Algo Love you sir ❤️
thanks for information
Bhai nice advise namaste 🙏
pls make video on TX GLOBAL SCAM algo trading with education... crypto mining.. renting mining license...
Algo PE video chahiye tho comments main ALOOO likho ... 😂😂 aloo dalo tho Sona niklega 😂😂
Informative video Thanks for making such a wonderful video.
Superb knowledge sir
Can you explain how developer absorbs clients money? If developer knows nifty moving down he/she need not to absorb client money, he can trade like normal people and earn money. Lets just say nifty moves against developer after taking trade , Can the developer still absorbs client money?
@urvesh504
5 ай бұрын
thats what i thought but peoples are keep saying nice video. this guy himself looks like scammer
One can change the API secret anytime, API key without a right API secret is just a normal text. Aware people this way, algo is not bad.
@user-pt5pl3nq9c
Жыл бұрын
Do you trade with Algo ?
@deltatrades
Жыл бұрын
@@user-pt5pl3nq9c yes
@robotradingkannada
11 ай бұрын
@@user-pt5pl3nq9c yes
Pls provide more details on ALGO..very nice learning 🙏🏻
Thank you veer ji 🙏🏻
Market sabka hai boss
But it's only possible when you develop strategies on a python by any coder...but personally i use tradetron...it's very reliable
@dog24
Жыл бұрын
hello bro...wana more about this...may i have your contact number
@shobal1990
10 ай бұрын
Can u guide me on this
Thanks a lot brother
Thank you sir🙏🙏🙏
Abhishek sir app hamare liye etni mehanat se hamare liye etne acche videos banate hai 🙏🙏.. Lekin aj hame kuch nahi khilaya❤️❤️
Algo.... thank you for this info
Hi Abhishek, I am Oliven Noel here... What is the other option and can you please explain in simple terms... Is it not safe to switch to algo trading or is it the broker's play the fool of the traders... And can we buy the software and run it ourselves so that broker's are not involved
Thank you sir🙏
Hi sir, I really like your videos and topics you cover. Sir have you ever make a video on NCFM and NISM courses? If so please share the link in upcoming video. Are these courses really helpful to improve one's trading. If feel appropriate please provide some information about it.
@farminglife2289
Жыл бұрын
No..These courses are not meant to help in trading..They are made to give knowledge about specific industry
API KEY SHARING MEANS SHARING YOUR ACCOUNT PASSWORD WITH OTHERS. BEWARE OF SCAMMERS. GOOD JOB ABHISHEK KAR ON BRINGING THIS AWARENESS
@LifeTracksVlogs
Жыл бұрын
Bro jb hm Sensibull p login krte h apne broker se .. to wha bhi api key share krte h kya And Sensibull safe h kya ??
@kumarmh7098
Жыл бұрын
@@LifeTracksVlogs that is safe
VERY GOOD.
To the point ...thanks
Very informative
Thank U. ..
Superb 🔥🔥🔥🔥
Thank you very much
जागरूकता के लिए आपको बहुत बहुत धन्यवाद
Good Knowledge.
Do you suggest algo trading and do you do it yourself ??
Great idea
Very knowledgeable speech
Nice video sir
Very good information this
Very nice suggestion
Nice information
Thank you Abhishekhbhai & Angadbhai❤
Nice information sir
Thanks for awaiting, sir mai udaipur se hun or banglore ke ek broker ke sath me algo trading kar raha hun jo wyden ke software ke thrugh trading karate hai lekin wo mere account ki id or passport & api key nahi de rahe hai.Mere account me daily 35% ka commision lekar baki ka profit mere account me upi se transfer kar rahe hai. please aap bataye ki kya kare? abhi 3 din hi hue hai.
Hey Wikileaks, You again expose the scamer 👍 Thanks for information sir...🙏
Thank you sir
Thank you Abhishek Bhai ....Jay Jagannath
@Sonu.pratihari720
Жыл бұрын
Hii bhai
Thanks for your awaranes
thanku so much sir thanks for your help i deposited 3000 and 2000 for demo but again he is demanding more but now i will not deposited to see your video thanku these all are scams thanku bro god bless you
बहुत अच्छी जानकारी शेयर की आपने algo को हमारी लोकल बोलीं में सीधार अर्थ होता है इनसे ( दुर रहना )
Nice explain dada
abhishek you are like a elder to me from whom I have learnt a lot .I'm a software engineer . I have to disagree with you that we need "thodi bhot " technical knowledge . if you don't have proper knowledge , it is very easy to loot the client . and a retail trader also don't have the balls to go sue the developer and don't have required amount of money to hire good layer . In nut shell algo trading is only for powerful and for properly educated trader . This is sad but very true .
thank u sir you have given wakeup call to all algo trader
Sir please tell about account handling. Like algo
bhai shab.. u r just like me or I am just like you. bura maat manie. -ve thought ahi jate hai. but u create awareness... keep it up bhai
Thank you
Superb Bhai