Today market moved usually fast. Even difficult to catch move in 3 min.. so many fast u turns...Shifted to 2 min TF in last 2 hrs..but not every one can trade 2m TF..
I suspect a lot of high frequency algo traders entered here in past few months...There is no guarantee they are making handsome money..
but too much algo trading increased the slippages for retail traders..
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Today in Mumbai..The chairman of Securities & Exchange Board of India (Sebi) U. K. Sinha said they are considering checks on super fast strategies in an effort to strengthen rules for algorithmic trading.
Full story..
http://www.livemint.com/Money/RP09q...d-trading-curbs-after-unfair-access-clai.html
I suspect a lot of high frequency algo traders entered here in past few months...There is no guarantee they are making handsome money..
but too much algo trading increased the slippages for retail traders..
*************
Today in Mumbai..The chairman of Securities & Exchange Board of India (Sebi) U. K. Sinha said they are considering checks on super fast strategies in an effort to strengthen rules for algorithmic trading.
Full story..
http://www.livemint.com/Money/RP09q...d-trading-curbs-after-unfair-access-clai.html