We ran a feedback & opinion poll for our Paid Clients & this is an email from our one of the clients Sanjyot Dalal: Valued client & long term trader: This is his eMail:

"Hi Jay & Vivek,

It is very professional to ask for the feedback within the month of launch of your paid services. It's very nice of you all at Mychart Team.

Personally, I hv been trading since 1996 and have lost quite a lot during these 12 yrs. Mainly the new trader is attracted towards the day trading since he don't hv a knowledge or basically dependent on tips from someone else. Eventually ends up ruining capital and in debt trap sometimes...

Further, What I feel it is very difficult for a new trader which is the exact entry point and at what price they should exit. It's always GREED and FEAR battle. Last one year I have observed this and developed my own strategy. I personally trade the Wolf waves. But I also take the confirmation from your recommendation ...especially on NIFTY supports and resistances. I have gained a lot. After 12 years of trading experience I hv learnt that it is the patience and discipline which pays you handsome gains and NOT the GREED AND FAST aggressive TRADING. You yourself can judge from your recommendation that slow and steady investment with patience has given good returns than in intraday. It is very difficult to time the mkt on intraday basis. On the top of it it will b difficult to concentrate on more than one OR two scrips on intraday. Again that is limitation. bcos if the scrip doesn't perform as per the recom. then its is enough to shatter the confidence. It takes lots of time to build the confidence and take few moments to ruin it.

I propose;

1. Give the range in which to enter the scrip and the % allocation of total funds for that scrip and the time horizon for the investment. This will enable futures traders to time their investments. SL is important...

2. Since the introduction of long term OPTIONS you have great opportunity to invest on longterm Nifty contracts. Now your Elliot wave analysis will help us gain good appreciation over the period of 1 - 3 years. Low risk play and high yield compared to regular investment.

3. You can suggest SIP for the LONG NIFTY contracts so that the spread is over the period of say 3 - 6 months to make average.

4. You may give intraday tips but limit it to only 2 Or max 3 tips but solid ones. Else you may avoid it completely.

After all the long term investors / Traders r going to b with you for longer time and secondly you may force some day traders to be long term investors and will build their capital / profits.

Bye for now,

Sanjyot Dalal."