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These Fake Finfluencers offer LIVE Trading on YouTube like Drugs | Fake Finfluencers Ep - 18

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"Tata Motors ka buying level ban gaya hai, 985.90 se utha lo, exit ka batata hun"

"Bank Nifty mein aaj 52000 pe Call buy karenge, sab trade bana ke rakho.."

"Jin logon se wait nahin ho raha hai, wo scalping ki ab position banayege, Nifty mein batata hun..."

These are some of the quotes taken from LIVE videos of YouTubers/Traders who come LIVE every trading day & some of them sit for the whole trading session of 66.5 hours.

Across this session, they just talk levels to keep the audience hooked onto them. These levels are across Intraday, Swing, Options, Commodity, Crypto. You name it, they have it.

On the other side, thousands of viewers (can't call them traders) sit watching such LIVE videos everyday and place their capital (sometimes all of it) based on the view or recommendation given by this LIVE YouTuber.

Such YouTubers are definitely NOT Finfluencers and are in fact, are pretty much one of those reasons why the word "Finfluencer" has taken a lot of heat in the recent past.

In this video, we uncover such illegal methodologies employed by them and show how SEBI RA (Research Analyst) regulations are being thrashed and not just violated.

We talk to the viewer who is open enough to understand the hazards of following what is being discussed in such LIVE sessions. Although, we DO NOT address the audience who is already intoxicated by such videos and are pretty much the "fan" of such channels.

And finally, we also ask the regulator a few questions around WHY it has FAILED to take a suomotto action on such folks who openly are making a joke of its regulations.

Tell very honestly, are you one of those people who places trades on a regular basis by watching LIVE videos on YouTube?

If yes, there are chances you might have already faced some sort of loss if you have been doing it for a while.

YouTube LIVE Videos by some finfluencers where actual trades are being told is something that has been happening on this social media platform.

In this video, we discuss a few such YouTube channels who are involved into this illegal format where tips are being provided in LIVE sessions. This is a direct violation of SEBI's RA Regulation 2014.

In a sense, we talk to 3 entities in this video:
Such YouTube channels
Traders who actually trade with these YouTube channels
SEBI, who is supposed to regulate all this.

Some of these Youtube channels include:
SK Traders
Vinbull India
The Sonicbull
Trading Techstreet
Trading with Karol
The Trading Femme

Have you been defrauded by a Fake Finfluencer? Complain here: https://shorturl.at/dkzW5

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posted by papizgat1z