Day Trader Risks Pile Up for Millions Buying India Stocks – Bloomberg

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Nithin Kamath, the chief executive officer of India’s largest online brokerage, estimates that his platform handles 10 to 12 million orders on the average day. They’re increasingly from first-time investors under the age of 30, executing dozens of trades at lightning speed off their mobile phones. 
Young investors like those on Kamath’s Zerodha Broking Ltd. — which has come to be known as India’s Robinhood Markets Inc. — helped drive its stock market to records this year, but many are now buying at a time when risks are building up. 

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