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The goal of most people is to make money. The goal of traders is to achieve negative transaction costs so that each trade adds to their bottom line. The goal is to get in and out of trades profitably. Any market maker would understand this concept. Speculators might not understand this concept...

Most of your theories depend on you being able to predict the future. I have yet to know someone who can accurately predict he future over the long run. Most of wall street relies on having probabilities on their side by making the spread and receiving commissions (or paying very low commissions).

It doesn't get sold if you get hit on the bid, does it? The fills are fine if you are playing tight spread stocks or are making the spread. Slippage isn't a problem in a penny spread heavily bid and offered market. The proof is in the p&l. Experienced traders I know are moving more and more of...

Then your firm should be around a long time. The goal of traders (not speculators) is to achieve negative transactions costs. This is what pays the bills for most of Wall Street. The better retail traders come to achieving the goal the more profitable they are likely to be. Zero commissions just...

You don't get a rebate on hidden orders yet you pay rebates on hidden orders you lift. Seems very unfair. Most of the experienced traders I know have opened at least one zero commission broker account to limit commission costs. For those who say nothing is really free I would ask what level of...

Or you can just open an account with a zero commission broker and watch your profitability rise.

If you lose their money won't that affect your ability to open an account with another firm? Won't your trading career effectively be over? If you are skilled enough to find profitable trading opportunities you probably don't need to find margin loopholes to benefit from them. You most likely...

They aren't leaning on my hidden orders. They might be leaning on an order I am showing but the real fill I want won't be at the highest price or the size I am showing.

If I make the spread I don't care who leans on my order. I figure out what the right price is and the HFT traders can spin their wheels all they want around my order. Let them get stuck in an illiquid stock a few times and see how they like trying to manipulate orders around my order. That is...

And just why wouldn't that be possible? It is possible for the firms that specialize in rebate trading. They get their revenue from taking part of the rebates traders get when their bids and offers are hit, thereby getting the rebates for adding liquidity. Maybe in all your wisdom you can tell...

I bet you thought that sounded like an intelligent comment when you wrote it.

How about you just respond to people with some respect and drop the foul language? If you have nothing positive to contribute then just mind your own business.

I use more content density based search engines. If I wanted to find out things like Katy Perry's birthday or the latest Kardashian news I would use google. For real research I prefer to use better search engines.

And it still doesn't tell me if you can enter them on specific ecn venues (such as ARCA) or if you can make them hidden. Someone who actually uses the IBKR lite platform might know that.

I don't see the selection box for IBRK lite. I also don't use Google. Google's most traveled path algorithm is easily manipulated by commercial and political interests. Any link to the actual IBKR lite order types?

Not sure how that applies unless you don't know the difference between a speculator and a trader.

Can you enter direct ecn orders such as ARCA? Can you enter hidden ecn orders?

You don't do much trading I would guess.

I can understand how they can make money on market orders but I just wonder how they can make money on limit orders buying at the current bid and selling at the current offer.