About
A research desk, run like one.
BTE Trade is the advisory practice of TBD Private Limited. We publish short-term equity research to a small number of subscribers, and we do nothing else.
Our application for registration with the Securities and Exchange Board of India is under process. We are not soliciting or accepting advisory fees, and we are not providing investment advice or research recommendations, until that registration is granted. The details below will be published in full once it is.
How we work
Our research is systematic rather than discretionary. Positions are identified by a defined method with stated conditions for entry, for exit, and for abandoning the position when the reasoning stops holding. The same method is applied every session, whether or not it produces a call.
That matters mostly for what it rules out. We do not publish a call because it has been a quiet week. We do not widen a stop-loss to avoid recording a loss. We do not quietly delete a position that went against us. The record is the record.
What you receive
Each call is published to the private channel for your plan with the entry range, the stop-loss, the target, and a short written reason. Every subsequent event on that position — a partial exit, a full exit, a stop-loss hit, a revision to any level — is published to the same channel as its own message.
You execute in your own account, with your own broker, at your own discretion. We never touch your funds, your securities or your broker login.
People
- Principal officer
- TBD
- Qualification
- TBD
- Experience
- TBD
- Compliance officer
- TBD
Full contact details for both are on the disclosures page.
How we are paid
Entirely by subscription fees, paid directly by subscribers. We receive no brokerage, no commission, no distribution fee and no payment from any company whose securities we may write about. There is no version of our business in which we earn more by recommending more.
Investments in securities markets are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI, enlistment as an IA/RA with the Exchange and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.