This post from May 11, 2019, is an advertisement for a crude oil trading tips service called "OM HARI RANK*1," claiming high profits and accuracy for both "Normal crude oil service" and "Boggy_Boggy blast sure crude oil service." It provides contact information and a website.
Here's a breakdown of the advertisement:
Date of Post: May 11, 2019
Company/Service Name: OM HARI RANK*1 (also associated with "MCXINDIA.PINK om hari")
Claims:
"Crude oil expert SINCE*2007"
"95% accuracy"
"100% guaranteed profit"
Specific profit figures cited for May 10, 2019:
₹18,000 profit in "Normal crude oil service"
₹43,200 profit in "Boggy_Boggy blast sure crude oil service"
Analysis and Caveats regarding such advertisements:
It's important to approach advertisements claiming "100% guaranteed profit" and "95% accuracy" in financial markets with extreme caution. Here's why:
No Guarantees in Financial Markets: No legitimate financial service provider can guarantee profits or 100% accuracy in trading. The financial markets, especially commodity futures like crude oil on MCX (Multi Commodity Exchange), are inherently volatile and subject to various unpredictable factors (geopolitical events, supply/demand shifts, economic data).
Regulatory Scrutiny: In India, the commodity derivatives market, including MCX, is regulated by the Securities and Exchange Board of India (SEBI). SEBI has strict regulations for investment advisors and research analysts, including registration requirements, ethical standards, and rules against guaranteeing returns or making misleading claims.
SEBI-registered Investment Advisors (IAs) and Research Analysts (RAs) must adhere to a code of conduct, disclose conflicts of interest, perform client risk profiling, and cannot guarantee returns.
Websites making such claims (like "MCXINDIA.PINK") are often not SEBI-registered entities or are operating outside regulatory frameworks.
"Boggy_Boggy Blast Sure Crude Oil Service": This specific service name, while attention-grabbing, lacks any professional or regulated financial terminology. It further suggests a speculative and potentially high-risk approach.
Unrealistic Expectations: Such claims can create unrealistic expectations for potential investors, leading to significant financial losses.
Due Diligence is Crucial: Anyone considering such services should:
Verify if the entity is registered with SEBI as an Investment Advisor or Research Analyst. (A quick search for "OM HARI RANK*1" or "MCXINDIA.PINK" in SEBI's registered entities database would be the first step, though given the aggressive claims, it's highly unlikely they would be registered and compliant).
Read independent reviews (not just testimonials on their own site).
Understand the inherent risks of commodity trading.
Be wary of any service that pressures quick decisions or promises "sure shot" profits.
The language used in the advertisement (e.g., "guaranteed profit," "blast sure shot") is typical of unregulated tip providers in the highly speculative commodity market. Investors should prioritize working with SEBI-registered professionals who emphasize risk management and realistic expectations.