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just to add: limit order crossing NBBO should still fill at NBBO (national best bid/offer)

One more thing to clarify: if your limit order crosses NBBO (national best bid offer) then it should be filled at the current NBBO and not your specified limit.

I look at the ceiling and pick random number or it is hard coded as +/- value that can be adjusted.

This means X cents above or below Ask/Bid regardless of the spread. I usually add/subtract 10-30 cents to get instant fill which is arbitrary number.

All are retired now. You can play cards with them and stroll on the beach.

send limit (Ask +10cents) or (Bid-10c). Increase limit range if necessary but watch if your broker has cap on how far from current market your limit order can be placed or disable checks in Settings/Options on your platform.

Years ago I have learned that limit orders have higher priority than market orders in the queue. Therefore when I mean market order I fire limit order above Ask or below Bid (not too far so it is accepted) to assure execution and have my limit protection too. I do not know how orders are queued...

In general yes it is useful. You can find information about services (brokers), software, regulations (very general), literature, technical analysis and general market overview. TA applicability is questionable but reading it gives you overview of what others are thinking about the markets and...

IB feed is sampled and this ensures that it will work in all market conditions. This is not tick feed and the sample rate is 100 -300 ms which means that any bar charts should do fine. I do not know why IB feed is considered terrible but IB clearly specifies what they provide and they...

Please do not upgrade. Keep it simple as it is, plain, ergonomic and easy to read. Please do not follow the trend of web page clutter, fancy backgrounds, fancy fonts, coloring etc. It makes it more difficult to read.

The confusion regarding inflation rate is because they want you to be confused and that is why various "statistics" are used. Inflation is about stealing money from those who currently hold assets by printing or supplying more currency. Therefore inflation can be expressed in a single number...

US dollar dominance is a function of military superpower status and as long as this perception is not challenged dollar should be OK. If the dollar falls bombs fall somewhere else by strange coincidence. If you look at British pound it finally lost its status decades later after loosing...

India Government 7% means real inflation of minimum 20%. By the way talking about governments and economy: is there anybody believing government numbers besides the government?

Tax this: (from Reuters article) Chas Roy-Chowdhury, head of taxation at the ACCA, an independent accounting body in London, said banks and brokers will take no chances and create a "firewall" by offering products that cannot be "tainted" by the tax.

So you people are telling me that before HFT and Algo trading retail was always making money playing markets

HFT and Algo are just new labels what was always part of the markets as long as they exist. Some people were more efficient in exploiting market inefficiency.

These are superficial and naïve arguments based on common sense and are deeply rooted in communist ideologies that have been proven wrong. Communists "figured out" that production is when worker is digging ditch because you can see it and profit can be easily measured by the depth and...

Such division into "productive" and "non-productive" parts of society has its roots in communist/socialist ideology and those abstract concepts has been tried in practice in the past and were proven wrong. This abstraction does not exist in real life and in real society. Government is an...

I do not see any theoretical problem with one for all or multiple ATS for each broker because today program design is highly modular with many reusable parts so it is wrong question. If you talking about standard execution model then there is FIX protocol that can be used with multiple...

One have to start with how money is created: one is savings and economic growth and the second is inflationary money by government debt creation. Are those two competing. Sure. Therefore there were check and balances in place like then independent Fed and democracy to prevent imbalances...