Hmm… I will share whatever little I can on a public domain. We are a total of around 2.4lk users as of today, around 1.5lks have traded atleast once in the last 1 year.
Whatever little data we have seen, people who take the least leverage are the most profitable. It doesn’t matter what is the size of the account, lesser the leverage/margin used per trade higher the profitability.
Same holds true for brackets, people using brackets for additional leverage tend to be less profitable compared to people trading normal orders. On the flip side, people who use brackets as a risk check tend to be more profitable compared to people trading normal orders.
Hmmm… Hari, there usually are a lot of conspiracy theories around this. There is no use of artificial intelligence on this. Yes Algo traders who subscribe to TBT feed from exchange can see orders placed at every price. But can they manipulate, that is up for debate.
But I can tell you this, most HFT algo’s etc participate only if there is liquidity. They have to trade higher quantities, only then would it make business sense for them. Retail traders have a huge advantage here since you can stay light and move in and out of trades without any impact cost.