Recent content by urep

Some more to think about w/ IB. I'm sure this will bring out IB's ET attack dogs. But I post it as food for thought as I would love to see it's accusations disproved with something other than an IB spokesman (trust me or chinese wall fluff) i.e. outside, independent verification that IB...

This was Bill Cara's original quote {Would any casino player play 21 (blackjack) if the dealer's knowledge of all the cards on the table was a rule of the house? Would anybody play poker if one of the players knew in advance everybody's cards and how they would play them (and was the banker)?}...

Casino's do not know all the hands at the table, if they did, they'd have an Algorithm to let the dealer know when it was OK or not to hit 18. Here's a complimentary cocktail token just for showing interest! :}

If your a dealer and you have 18 and you know all the players have 19 or above, but the mechanical rules say hold and call. Does it make a difference now? You know there is nothing to lose by gambling for a 3 card. If you didn't know the hands you're up against you've no chance at all (i.e. no...

This is from a resume at the following link "http://www.datashaping.com/resumes16200r.shtml" --* An in-depth knowledge of Mantas product Architecture to thoroughly understand the interaction between the data mart and other system components. * Sound understanding of Mantas scenarios and...

If you don't mind me asking, why is it you hate placing stops or resting orders with someone counterparty to your trades? As far as your Forex broker question I would recommend reading this woman's link as I find her info to be very honest and accurate...

If you could respond with something other than name calling or attempted insults you may gain credibility as a contributor to the ET readers. Also this post has yet to be responded to by one who claims to be able to enlighten others with his vast proclaimed experience and knowledge.

Actually it's the opposite; I didn't start making money until I realized that this was going on. This has come to light by a former major player in the industry (see my earlier post on this thread quoting Bill Cara). There are no laws that say brokers cannot do this, In fact you have to...

If my account is with IB and IB/TH is on the other side of my trade then they have an informed positon aka an edge. They have have financial ability to move markets against my position. If they know where money is, then they know where to make money. If 10,000 shrs. of a stock is bought and you...

Def with all do respect, you have never answered this with an independent source (i.e. non IB ) or even tried to explain the audit procedure you claimed knowledge of. In fact this is your last reply to my question...

Please do enlighten if you are capable. As background here is something I posted before by someone who has a verifiable resume as a former broker and market maker that supports what I'm saying. This is a post from Bill Cara's blog 10.2.2006 {(Humungous Bank & Broker's) H B & B trades...

I don't remember asking for your work history; nor am I concerned with such matters. If you wish to make a point or counter statement that helps further the knowledge of this discussion, then please feel free to do so.

I assure you I'm not stupid nor do I think name calling serves as a substitute for reasoned debate. If you can't conceive of the computational ability to track a brokers trades in their entirety (aka an audit), then you lack the basics necessary to understand what I've said.