are there any traders in India who do anything that would resemble daytrading? I'm curious if the internet speed would allow for this...
Indian stock markets and commodity markets have one of the highest volumes in the world. The Nifty stock index, some of the stocks and rupee is traded on CME and NYSE. There are many Indian traders day trading on BSE and NSE and they have quite a few separate forums. Check dukascopy traders contest and you will find many Indian traders in top 10 over last 2 years. India has maximum of 50 MBPS fixed line speed and wireless internet speeds upto 15 MBPS.
Proposal for to participate in the production cooperative of researchers of financial markets. To understand the organization : Production Cooperative ( gang ) - commercial organization created by the voluntary association of citizens on the basis of membership for the joint production and other economic activities, based on their personal labor participation . Production cooperative is an association of people who come together to solve problems that alone are difficult to solve . Purpose Cooperative - Research and development of various algorithms which could be successfully used for trading on financial markets. Collaborative knowledge sharing for professional growth of all members of the cooperative. Profit cooperative - as a result of a collaborative effort , everyone gets a copy of each working model developed cooperatively and makes a working model of what he wants at his own risk . Co-op does not prohibit participants do with the developed models that they want - to sell , to use in their own trade , and so on , there is only one limitation - not to spread ideas and models to share (ie, the Internet) . In the future , if the cooperative wants to unite legally possible sale results cooperative labor on behalf of the cooperative and the division of profits among the participants of the cooperative, in proportion to the number of members of the cooperative (ie, all equally ) . Requirement for the participants of the cooperative - have a mathematical or physical education, no other restrictions . Member of the cooperative must be initiative , not the what - would sit and read the material posted by others , and to take no action (ie not work ) . Each member of the cooperative must inform yourself name, information about education and profession, and publish their own, at least one , the idea of ââpredicting financial markets (ie the idea of ââautomated trading system which you would like to make any difficulty) . That already exist for cooperative work : 1. Closed from public access phpbb forum the ability to post mathematical formulas in a format LaTeX. 2 . Live Chat closed from public access . 3 . Paid outsourcing programmers, physicists and mathematicians who , if necessary, can be rented for a reasonable fee. All interested can write to this email - kooperat1000000@mail.ru. Best, Dmitry from Russia.
Dear Fullbotter, Yes. I am a Trader/Investor From India. How can I help you with regard to your Trading and Strategy Formulation. Regards, Nik