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it's pretty unfortunate, but I don't think anyone would bite. Even tho the strategy might be good...I don't see anybody with a decent understanding of the game dumping a meaningful investment on a market maker. if you don't have money and rely on free infrastructure, develop a system on crypto...

history repeats itself :) but honestly manhattan is also really an extreme example....it's basically the mother of high demand real estate but not necessarily it's poster child

you cannot apply a single standard to all real estate. there are properties that have value because they are located in high demand areas such as big cities, areas with good rent/price ratios ....and then there is real estate for the average idiot home owner... a house in the suburbs or...

@MRPaulson Mark, I'm really sorry for you. The wife of a close friend of mine is in a similar situation and her life has been living hell for some time. When it comes to trading, I'm not advocating against it but please do understand that what you are trying to do is similar to a carreer in...

Dear Sir, that's unfortunately not correct. It's clearly stated on IB's website that IB is your counterparty (https://ibkr.info/node/1912, https://ibkr.info/article/1984). Also DMA is just windowdressing for the plebs. Most CFD's are non interexchangeable OTC contracts, meaning unlike listed...

Honestly, when I read the headline I was hoping that someone hauled one of the Kardashians to court

I'm not trying to be a smartass here but I worked in a bucketshop as a trainee a long time ago...and from that experience I know that you haven't made significant dough against a bucketshop...otherwise you wouldn't talk like that. For everybody else just think about it this way. When there is...

CFD'S were always obsolete. If not for tax reasons, why would anybody trade against a bucketshop and listed CFD's are doing as hot as single stock futures

Now imagine having an army of those guys that pick up a couple of million scraps a day....and you have Virtu et al. Don't discount the scraps. Every good trader I know started out as a scalper. OP probably just had a single winning day out of 20 losing days and wanted to flaunt his big balls a...

I always wonder if people who make this statements have ever heard of math?

Well...I might never trade stuff like this and I might never trade the way you do but heck...Meme Stock..that in itself can be a meme...and I like memes

Just a quick feedback: As far as I understand your self trade prevention, the agressive order is rejected. E.g. I have a sell limit sitting at 100$ and when I send a buy limit with the price of 101$ that would fill my own order, the 101$ buy limit is rejected, correct? Can you please change...

@TradeEMX: As far as I understand, you are working towards an interface for EMX, right? In this case think a little bit different: First of all, there will be market makers and professional algo traders. They will use your API or FIX interfaces to connect their own stuff. They won't be using...

Also, it will depend a lot on fees and market structure. When they give retailers the opportunity to post bids/offers for a reasonable fee (less than 0.075% for the taker) it could be a massive step up. If it's just E*Trade or TDAmeritrade bucketing trades instead of giving free market...

Think about it this way: - Each time you put in a passive order, you give away a free option to the market. - Each time you put in an agressive order, you compete with other participants over the free options that are available. The higher your position size the greater your advantage has to...

@FoxKestrel: I think you got that all wrong. You aren't supposed to "pick a strategy", learn it and execute it like you're buying a set of golf clubs. You need to find a niche that nobody but you can exploit. 1st: 90% of the business is just showing up each and every day 2nd: Have a journal...

This is it. Open the gates for the muppets. OMG, I'm so looking forward to this. Random flow for days

When I was trading manually, I had about 10 executions per hour per instrument on average. Now it's about the same, I just my instrument count went up x 100

Thats actually pretty nice. Weren't you the guy who asked for DOM feature requests? Good job translating the responses into a feature :)

@CryptoNurse: Ok look, I thought you want to trade. Everything that has a bid and an offer, no matter how shitty it is supposed to be, can be traded. It's up to you to figure out if and how often an asset is mispriced compared to other assets, the past or it's perception of value. Also it's up...