Why running a market place model is not an easy task. Take an example of #SnapDeal vs #Amazon I really faced lot of issues with Snapdeal earlier, defective products, duplicate brands, many things that i bought from Snapdeal stopped working shortly. This bad exp 1/n

These bad experience from Snapdeal made me move to Amazon for any online purchase. But remember, I only realized later that, problem I faced was actually because of some bad sellers at Snapdeal, after all Snapdeal was just a market place.

That's the biggest problem with market place model, your success is directly dependent on Sellers. No matter how robust your technology is, if your sellers are selling a defective product, the bad name goes to the company not to the seller.

On the other end, Amazon has implemented many strict rules to avoid bad sellers, lot of quality check process implemented and Amazon is more of a customer centric. No matter what, they always believe customer is always right.

With companies like Tradetron, Smallcase, Algo Bulls running a market place model, with 100s of registered strategist who list their trading strategy for auto execution, Traders would blame on these companies for losses instead of the sellers who are selling the strategy.

90% of all strategies available in these market place actually do make money, but 99% of retail traders who follow these strategies doesn't have discipline to sail through drawdowns, the moment they see a 20% drawdown, these subscribers jump the strategy, leaving bad reviews

These system hopping not only affects the trader, it also affects the sellers who have listed their strategy and also the market place firm like Tradetron. Remember, once we face a bad experience with Snapdeal, we tell our friends snapdeal sucks not seller at snapdeal sucks.

At Squareoff, we are firing 6000+ orders on daily basis through our Algo infrastructure, this is without any external sellers, with 100s of registered sellers at platforms like Tradetron, Algobulls imagine the no of transactions fired every day, its really huge, not an easy task

If any issues with your purchase at Amazon, they don't say its not our responsibility, we are just a market place, problem is with seller, we cant help it. Amazon takes the responsibility & solves your issue. Cant expect the same with Algo market place, your losses are yours.

Running a ecommerce market place is easier than running algo market place. Am extremely bullish with Firms like Tradetron, Algo Bulls, they can grow big by focusing on Execution than adding more sellers. Execution is the Key when it comes to Trading.

Before you think, its no big deal running a market place model in Trading, think again. Its not for faint hearted, you not only need balls of steel, you also need balls of heart, kidney, lungs to handle the pressure these guys face. Kudos to @umeshranglani @Tradetron1 @AlgoBulls