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Unfortunately, I disagree with some of your points specifically No 6. Under no circumstances and I repeat no circumstances can you compete or beat the MMs at thier own game. They will blow you away into smithereens.

You're wriong. He was replying to a stock question. Again I did not say it was contradicting the statement regarding the chinese wall. I said specifically two people representing IB but contradicting each other. No mention was ever made of any 'contract' either.

Are you putting words in my mouth? When did I say that 'I think I know more than you do?'

Two people representing IB but contradicting each other.

The 'chinese wall' crap is for the birds.

I've been trading for a while and let me tell you I don't allow myself to be raped passively let alone aggresively.

Sure I would. IB is here to make money for itself even at the expense of its clients. You can bet your butt that Timber HIll does that with knowledge of your orders. How do you think I get filled by Timber Hill and only Timber Hill and not other MMs, Ecns etc. You think that is a coincidence? NO...

Def: A question for you. There is a conflict of interest isn't there? For example: As mentioned by you Timber Hill is a dark pool of liquidity because you get filled when you hit the inside bid or offer, there are enough shares on either Inet or Arca and yet these shares are not lifted...

That may be true. I am talking about stocks only. I don't trade other instruments and can't speak about them.

Exactly.

It is not a question of being happy or unhappy. It is a question of reality. Just think about it. You place an order to buy or sell. You get filled in milliseconds. Do you think IB has the time to line up other IB clients to match your order within that time frame? Also do you mean to tell me...

Not accurate. If you do not see customers' orders how are you able to route specific orders through Ideal? Not only do you see customers orders, you also determine whether Ideal can benefit by routing to them and if not you then route to other ECNS or NYSE.

To simplify: When you choose smart as the route: You can be filled by any of the ECNS or NYSE and your orders page will show these ECNS. It can also be filled by Ideal in which case the orders page will show Smart as the Exchange. I called up IB and asked them about situations where...

Look, I have not read any of his earlier posts and made those remarks based on his posts on this thread. I don't know or even care if he is a great scalper or not. The stuff that he mentioned here is spot on.

NYOBscalper knows his stuff. Finally, it is good to read something useful. However, it won't make sense to most except .............

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I have this same problem with book trader. I place directed orders and get partial fills before getting the 'invalid order' message. To answer your question, it matters a lot to IB since they want you to use smart to route your orders. Also you'll notice that when using smart to hit bids or...

I couldn't disagee with anything this person says except that limit orders don't save you. Even here you get your butt kicked by these guys.