Thanks for the forecast! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
hft/proprietary algo and normal algo is different, its infratructure, colocation etc is different- he is talking generalised BS - it effects retailers to some extend with more hurddle it doesnt effect institutions. all techies are doing it now , now they have to go and register - Regulation should be on ensuring good API, broker order placing infra, Optic fiber connectivity, reduce Exchange glitches for existing algo traders. because these are the things that go wrong. If ability to track the trade and penalise if fault in wrong execution is due to algo providers, broker and exchanges then it is ok but sebi will never thread against these giants . It always goes against retailers. sebi is an useless entity.
Nevertheless, once you share your strategy to SEBI, game over right there. I burnt my fingers with Algo, 4 to 5 years ago as my code was deployed on Amazon servers. I deleted my entire account after all my money was wiped out. Never turning that side. Will just use screener, pick stocks based on Technicals and Fundamentals for longterm.
Very poor level of discussion. On one hand he talks of algo will make quick decisions (seconds if not micro seconds making a difference in the trade) and then in the same breath talks about 'democratizing' of algos will benefit investors (weeks or even months in a trade!). He even compares Bengaluru IT services competency to be an advantage build algos for trading! Not clear what SEBI is trying to address here. Technically savvy retail traders are already using this at various levels of automation but is that the reason for the losses of the Individual Traders Equity F&O Segment. As long as SEBI is turning a blind eye to the Index manipulations, they are just aiding the market makers (International & Domestic HFT hedge funds , Institutions) make billions at the expense of retailers.
Government doesn't want retail to earn money with algo as most of the retail algo traders are profitable using various algo trading platforms
And this guy is not an Engineer or a programmer. He is speaking BS.
How many will be ok to share their Algos?? Sharing it with any institution is like sharing it with public. Is there any way to patent one's algorithm?
why would anyone share their algos to SEBI, bhaad mein jaaye SEBI, yeh hota kaun hai algo ko kyun share karon main.
Black box ke through they need not reveal their formula
Thanks for the forecast! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
Good move
Algo no algo ill win
hft/proprietary algo and normal algo is different, its infratructure, colocation etc is different- he is talking generalised BS - it effects retailers to some extend with more hurddle it doesnt effect institutions. all techies are doing it now , now they have to go and register - Regulation should be on ensuring good API, broker order placing infra, Optic fiber connectivity, reduce Exchange glitches for existing algo traders. because these are the things that go wrong. If ability to track the trade and penalise if fault in wrong execution is due to algo providers, broker and exchanges then it is ok but sebi will never thread against these giants . It always goes against retailers. sebi is an useless entity.
Nevertheless, once you share your strategy to SEBI, game over right there. I burnt my fingers with Algo, 4 to 5 years ago as my code was deployed on Amazon servers. I deleted my entire account after all my money was wiped out. Never turning that side. Will just use screener, pick stocks based on Technicals and Fundamentals for longterm.
Very poor level of discussion. On one hand he talks of algo will make quick decisions (seconds if not micro seconds making a difference in the trade) and then in the same breath talks about 'democratizing' of algos will benefit investors (weeks or even months in a trade!). He even compares Bengaluru IT services competency to be an advantage build algos for trading! Not clear what SEBI is trying to address here. Technically savvy retail traders are already using this at various levels of automation but is that the reason for the losses of the Individual Traders Equity F&O Segment. As long as SEBI is turning a blind eye to the Index manipulations, they are just aiding the market makers (International & Domestic HFT hedge funds , Institutions) make billions at the expense of retailers.
This is stupidity!
Chori karega algo tum log
Chor...Thieves.
Iske chehre se lag rha algo walo ne bahut nuksaan kraya h😂