Trading Cafe India

Tredcode is a fake tool

I searched for reviews of Tradingcafe India on all social media, and they have no presence anywhere other than Instagram.

I also noticed that they diligently deleted all non promoting comments under their posts.

Hence, I thought this site would be the right platform for new traders to share tips to mint easy money from day trading.

I attended their basic + pro-mentorship courses and am an active day trader.

I hesitate to post under my name as I am afraid that they can delete my name from daily screeners.

Below are a few observations I noticed after working with them for a few months.

Tradingcafe India is a group of like-minded traders training and supporting students with daily screeners.

They confirmed verbally that the screener would be a lifetime for pro students.

However, we do not have any contract with Tradingcafe India.

At least I don’t have it.

All I did was pay the 20k into some random guy’s account and share a screenshot.

They do not have a company bank account, and I guess they haven’t registered as a company until now.

Hence I am afraid that if the partners have any disagreement, they can stop the partnership business, and our future daily screeners would be discontinued.

They use Telegram to share daily screeners, and I am a member of their channel.

We are approximately 200 students in the group, and in the initial days when they post any message, within one minute, about 170 students used to see the message.

As time passed, when the morning screener came, only 25–30 students watched the latest notification. Only about 100 students tend to the updates by the end of the day.

I am not an analyst, but the meaning could be that only 25 students are now actively doing trading; the rest of the guys almost stopped trading after realizing that day trading isn’t as easy as making money from 10–5 desk jobs.

The entry training classes teach us to follow the rules, be disciplined, and train us for opening range breakouts, waiting for retracements in 5 minutes candles, etc.

However, the entries they do in their Instagram posts violate all the trading rules they advocate.

Most of them are aggressive entries within 3–4 minutes, and trade logic or reason for access has never been shared in any classes.

It leaves us to follow them by taking blind entries and facing losses.

The trainers despise ‘scalping .’ They give long speeches about how scalping can erode our capital.

However, if you watch their recent Instagram posts, you can see them boasting big profits they minted in scalping, 50k in 3 minutes, etc..

The students are again baffled whether to believe the taught lessons or follow the Instagram posts success stories?

For the last few weeks, they have been promoting a new tool, ‘Tredcode.

It could be an excellent tool, no doubt.

They took a few trades based on inputs from Tredcode and posted the videos on Instagram.

If you watch closely, they don’t speak about the bad businesses they took based on Tredcode.

For example, 16-June 2021 and Jublfood took HDFCLIFE based on tried code suggestion, which immediately hit their stop loss.

It is not a criticism, and I know that no tool can predict the market.

I am confused about the student’s success stories in Instagram posts.

Few say that they are thankful for continued support, advice, and special training.

Do they have special pre-training for some students?

Then about the swing trading posts they share on Instagram, mentioning the cringe comment ‘I share analysis and trade on it as per the pure price action strategy.

They post-analysis often and never mention that they are taking a swing trade on it.

I am not nullifying that they make impressive profits in swing trading, but promoting success is tricky.

When the scrip makes some good dough, they come with a chest-thumping post stating it was said in advance.

You are free to check it yourself, for example, the PIDILITIND Instagram post on 12-June-2021.

Another problem we students face is the lack of continued learning.

At least they should let us know the trade logic of all the entries they make every day, which can help the losing students to learn a few strategies and implement them.

Please don’t go with his screenshots. I have done the course of him, and I am sure to say that I wasted my money of 15K(now I believe he increased his course price to 18K).

Adding to the above, he is charging a tredcode again of 10K to all his students(for some people, subscription-based model on monthly based charge).

I am confident that all he is doing is trying to sell his tool and courses, which are a complete waste—a TOTAL WASTAGE OF MONEY AND TIME.

Please don’t waste your hard-earned money.

Screenshots are fake !!

Also, most of the negative comments on his post are removed from his social team.

Also, most of his positive quora comments on their courses are lured by his close friends.

They have no interest in teaching and no live/after trading hours support.

All they are in the business of showing hefty profits on Instagram to lure people.

E.g., I am in a batch where 200 people are in the telegram channel.

So 200×15(course fees)= 30L (per batch for 2-3months)

And rest the tredcode tool cost again.

Rest, up to your decision to choose the wise option.

Is Trading Cafe India legit?
Trading Cafe India is not a legit business owner or provider. They are not aggressive towards their customer satisfaction and complaint grievance, and hence 1 consumer(s) was/were given a Trading Cafe India as a negative rating, and only a few left positive feedbacks.
Where is Trading Cafe India located?
Trading Cafe India is headquarted at India. We do not have any affiliation with the better business bureau or yelp reviews platform. You can contact Trading Cafe India by dialing N/A or visit their website tradingcafeindia.com/.
How much monetary loss is incurred by Trading Cafe India’s customers?
According to the reviews posted by Trading Cafe India’s customers, US $18000 was the total loss incurred, and hence the severity of the scam is high.

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Reviews:0
Reported Loss :18000 $
Severity of Scam :High
Reported by : Anonymous
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