I am working on a medium frequency scalping algorithm. I want to deploy it across many scrips at the same time and want to semi automate it so that I just have to click an ‘ok’ button to execute the trade. The algorithm handles the volume of the order.
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I am allowed to do over 1000 trades a day using this? (might go up in tens of thousands hypothetically; though it would be impossible to click so many times)
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Will my broking charges and taxes eat into my profits and make me go into loss?
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Will SEBI think I am auto trading and prosecute me? If yes, how to be safe and prevent?
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Is there a limit in Zerodha for the amount of positions at a given time?
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On an additional note(off topic), is there a way to trade in the foreign stock exchanges? (probably form a company and trade through it…?)
Thanks a lot! Any advice would be appreciated and thoughts are welcome.