The Reality Behind the Vishal Malkan Options Mastery Program: An Honest Review

Having completed one of the Malkansview courses under the guidance of Mr. Vishal Malkan, I feel compelled to share my experience and insights. It is clear that he is a knowledgeable trainer with impressive marketing skills, but the program's true worth and effectiveness are questionable.

An Overview of the Program

The world of derivatives is vast, encompassing numerous aspects beyond just indicators for trading options. Strategies and trade setups, which are predominantly breakout-based, are indeed beneficial. However, these do not cover the entire spectrum of what makes for successful option trading. The reliance on indicators like the RSI, Bollinger Bands, and ADX is a starting point, but it is far from a complete solution.

Challenges and Criticisms

When it comes to the charges for the course, the price-tag is astronomical, way beyond its worth. The courses are impressive but are significantly overpriced. The value for money is a major concern.

Moreover, the level of support for the course is distressingly low. If you have any doubts or queries related to the course, the support team does not seem to value your time. Despite multiple follow-ups, your questions remain unanswered. One would expect a more personalized approach given the high fees charged. The lack of support makes the investment seem like a waste of money.

Realistic Trading Insights

Trading is not as straightforward as it is often portrayed. Rarely does a simple strategy work every time. A common scenario is where an RSI cross above 60 quickly falls below 60, which can be a red flag for certain strategies.

It's important to recognize that trading involves risk, and the strategies learned can only take you so far. When the market experiences a rare and drastic plunge, it can severely impact even the most carefully planned trades. Praying to any 'trading gods' is a form of wishful thinking and does not guarantee success. The success in trading is more a result of a solid strategy with an edge, effective risk management, and discipline to follow the plan.

Personal Insights

Mr. Vishal Malkan himself lost 48 lakhs in a single day. If he, with all his experience and knowledge, could still lose such a significant amount, what can a novice trader do? It is evident that despite his strategies, discipline, and personal insight, he still faced significant losses. This story does not detract from his knowledge, but it highlights the inherent risks and volatility in the market.

A Realistic Trading Tale

Consider the case of Ram Naik, a Hindu trader who prayed his regular God, Lord Ram, for a good trade. However, the trade ended up being heavily losing. Similarly, Amanullah Khan, a Muslim trader who sought blessings from Allah, also faced a significant loss. Even Moses, who followed stock market technicals and prayed to Jesus Christ, ended up losing all his money.

On the other hand, Chanpreet Singh, who followed strict risk management and placed a trade based on solid technical analysis, also lost a substantial amount of his capital. This highlights the importance of not only having a good strategy but also the discipline to follow it consistently and the understanding that trading is a reality where outcomes can be unpredictable.

The takeaway is that the success in trading is not about having a trading god, but about understanding the market, having a robust strategy, managing risk, and having the discipline to stick to it. Understanding these fundamental principles is crucial for any trader, regardless of the course they take.

Conclusion

The Vishal Malkan Options Mastery Program, while it may have its merits, comes at a steep price and offers limited support. The best way to approach trading is to focus on practical, real-world strategies, along with effective risk management and discipline. While the program might provide some insights, it is essential to conduct your own research and develop a well-rounded understanding of options trading.