Mumbai: In February 2020, Stock Market Today began its humble journey as a bootstrapped stock market research and mentorship platform, providing new-age traders valuable insights into price action-based learning opportunities. Fast forward to the year 2023, we have emerged as a reliable force to be reckoned with and achieved several milestones that have helped solidify our position in the industry further. From a sharp growth in our subscriber base to launching new mentorship and learning programs, we have come a long way this past year, and looking back, we are proud of how 2023 has shaped our journey.
The year 2023 indeed marked a significant achievement for Stock Market Today as we became recognized as one of India’s top 5 SEBI registered research analysts. This recognition validated our expertise and has instilled confidence in our valuable clients. 2023 has also taught us the value of taking a customer-centric approach. This understanding inspired us to develop the practice of extending daily equity recommendations to our loyal followers for free on several platforms, including our YouTube and Telegram Channels, and via leading News Platforms and channels . The strategic move has helped us foster a sense of loyalty among our subscribers and strengthened our reach significantly, contributing to the growth of our platform.
In 2023, we witnessed a remarkable response from our customer base as they wanted us to provide daily trading and learning services in Options and Equity. WE have started providing our reading research and recommendation as SEBI registered Research Analyst and mentor at personal level. We have received very good responses as our has started gaining and their confidence boosted to the next level. Now they are able to trade on their own, they can manage their trade in Odds and most importantly they are now doing over trading anymore. Our true achievement lies in the growth of our customer growth and satisfaction. This year, most of our members have grown their capital by 20% to over 200%, marking a multifold increase in trading capital size. SMT is Big is a family of keen learners and active traders and to be more precise we are a family of 1.35 lakh subscribers on Telegram and family of 97k subscriber base on YouTube, we are hopeful to grow our family to 10 lakh in 2024. Looking back, we believe that our growth is proof of the trust and confidence our clients and followers have in us.
This year, we also launched ‘SMT Futures PRO Services,’ which has been a game-changer for many traders. Those who have “short of time” or are not interested in watching the market daily for long hours. Those have capital but are now interested in “Options”. Here we are Providing” High Potential Swing Trades in Stocks Futures``. The service delivered remarkable results for our client, showing an outstanding win rate of lowest 78% to highest 92% in 2023.
Everyone is different and every instrument has a different scope and requires different levels of management, Money and temperament and skills and as a research analyst we do understand it very well. New Entrants in Market require more support and assistance compared to those who have 3-4 years experience in the market. Therefore, in addition, our ‘SMT Mentorship’ for Equity and Options buying trading has been crucial in improving our subscribers’ trading style and approach to risk-taking. For instance, in 2023, our recommendations helped deliver an average return of 215%, underscoring the effectiveness of our services.
In 2023, Stock Market Today’s expertise and market understanding enabled us to earn the trust and recognition of our subscribers and beyond. Our expert’s stock market insights, including daily outlook, commentary on market assets, IPO review, and equity recommendations, were regularly featured in esteemed publications, including Good Returns, Live Mint, Business Today, Financial Express, Economic Times, Times of India, and ET Prime. This feat has increased our visibility in the stock market trading segment and has helped us emerge as a trusted source of market insights and analysis.
Looking ahead, for the new year, we have already set clear expectations and ambitious goals for us to achieve. For instance, we aim to witness exponential growth in our subscriber base and touch the mark of 10 lakh in the upcoming year. We also aim to enhance our mentorship services and approach to deliver valuable market recommendations to help our clients and prospective followers witness significant growth in their trading and investment activities.
In addition, we aim to roll out new Stock Market Today services and improve the existing ones to help clients evolve with the evolving market dynamics and trends. For instance, we intend to provide our clients and subscribers with live training support, trading strategies, and recommendations based on technical and accurate trend analysis using AI and Algo. In the new year, we aim to uphold our mission of reaching the trading community and helping stable traders and beginners to become confident and disciplined for making profitable trading decisions on their own. We aim to ensure this by staying ahead of the market trends and studying the sentiment towards the stock market.
As we stand at the door of 2024, we hope the new year will take us on a transformative journey that helps us touch the lives of our clients and individuals with whom we share a common interest. We also hope the year will bring along new learning experiences, milestones, and opportunities to collaborate with industry leaders that will empower us to expand our reach and share our expertise with those in need.
The author of this article is Stock Market Today research analyst V.L.A Ambala.
