6 Years of Research Went Into DynamicLevels; An Online Service to Help People Make Better Investments
Startups leveraging technology in different sectors are believed to be the future. There are a bunch of startups doing innovative stuff in healthcare, education and finance. We also wrote about 5 Promising startups in the Finance Space and to add one to the list is DynamicLevels; a research website, under the DynamicCare umbrella which helps in educating investors about the realities of the market. It aims at simplifying trading and help him in taking informed decisions in the market.
After 6 years of market research, the founders of DynamicLevels came across some pain points which needed to be addressed. Two of the major ones were:
- Investors lose money as they are not clear about entry and exit in the market.
- To provide a single platform for data in a simple format for taking informed trading decisions and which comes free of cost.
The Intention
When asked about the motive behind the venture, Alka Dalmia, the product manager of DynamicLevels said, “The idea originated after we realized that our purpose could only be fulfilled through an online portal as in this internet era and looking ahead,this would be the best platform to reach the maximum number of investors. We were also inspired by how facebook and google had succeeded. We aim to reach a wide range of the global investing and trading community, to empower them with decision-making abilities. Hence our tagline is, Be your own analyst. Trade simply. Enrich Lives.”
“Moreover, the global financial industry consisting of stock, commodity, currency and bond trading is predominantly electronic in nature and are typically 24 hour markets. These markets are closely connected and as such it is imperative to have historical data of all the markets of the world at one place.”
Alka felt that it was only natural that they port all their learnings from the market on an online platform.
A Multi-Disciplinary Team
DynamicLevels' core is subject matter expertise in the field of investment and its platform is a web-based platform. “The team behind DynamicLevels is composed of experienced research analysts and a technically and an advanced web team," says Alka. "The analysts constantly provide innovative strategies for simplified trading through their research and the web team implements these on the website. This combination always keeps the website running smoothly, efficiently and in sync with the markets,” she adds.
Alka shared that there are more than 30 million traders and investors across the world that feel that Dynamiclevels.com has the potential to become their primary source of reference which assists them in making all their decisions. People from over 30 different nationalities have become users and are constantly using their website and the website boasts of around 2 Lakh visitors a month.
With regard to competition, Alka, said “Small investors are not able to identify the type of market because they view small time-frame charts (i.e. 1min, 15min, hourly etc.). On the other hand, big investors view Daily, Weekly, Monthly, Quarterly, Yearly charts, as they have analyzed historically that the probability of being right in the market is higher with longer time-frame charts. Even if the investors have some historical data, they don't know how to use. Our innovation is the way we represent the levels and use the 12 years data in a tabular format". The website maintains its identity and we wish to transform the lives of traders and investors. Dynamiclevels.com seeks to educate, never compete.”
India has a very large investing and trading community and obtaining effective market information and data has generally proven to be very cumbersome, time-consuming and expensive. An inexpensive and easy to use solution might garner a large user base in the coming future.
Try Dynamic Levels for assistance with your Investments. Also see how other startups like InvestPlus or MilkOrWater are doing.
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