@Mnagesh ,
I have been trading in markets for a decade now having made a fair share of both profit and loss as well.
Even I was fascinated at first to see that SmartAPI is being offered for free. I realize now, that we are the mice who are lured out in search of cheese and we get painted as target out there.
And who is the beneficiary?
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Is it the boker, hell no. He is just a mediator. I would say he is no. 3 on this chain.
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Is it the operator who manages the markets by pumping/dumping money/ stocks?, Not really. He is the senior member on the chain. Say No. 2
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The real beneficiary is government who collects taxes and always earns no matter what, & how.
No matter what Smart algo we come up with, we will make profits & losses, but we won't get far with free stuff. The big bulls/cartels have more sophisticated algorithms / resources to punch orders and way faster than the mango (common) people. And this is a fact.
We just got a Bullet, they got a Tank!