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MotiveWave sounds like what you need. They have SDK which should make for easy customization.

I’m curious what limitations? Are you sure IB will not have those?

The thing is that we have many threads here on ET where people suffered losses due to outages or poor execution. They have no voice, but this guy does. So maybe you need to be a little over-dramatic for media to notice.

It’s not uncommon to put best clients on better servers.

Finally someone is standing up for retail traders. It’s about time! Dear SEC, please PM me, I would like to be on the committee. https://www.newsweek.com/dave-portnoy-kicked-off-stock-trading-platform-after-rant-about-50k-losses-1513538

Interesting why such people don’t just switch to something they have natural talents for. What was his reason?

Oh, they know very well how things work. It’s intentional.

It’s pointless to discuss which professional institutions have what advantages over non-professionals. The real question is - how can retail trader avoid adverse selection? And the answer is - don’t place resting orders unless you are ok being filled at that price. If you have any practical...

So become a MM and rip the rewards. You are not you saying that allowing avg joe to quote in sub-pennies will solve the adverse selection, right? If you want to quote/fill in sub-pennies (effectively), send your order to inverse fee markets.

Who’s they?

That refers to “Market Center” providing improvement instead of routing orders away to comply with NBBO protection. The answer actually explicitly states that no sub-penning orders of any kind are allowed: Answer: Yes, provided that the execution does not result from an order, quotation, or...

That is not true, not on US lit markets.

This is an interesting article. I think I got it off the internet awhile back, so it is/was public domain. I've not used any of this, but maybe it will give people some ideas.

I didn’t read the whole thing, but with IB, don’t try to find why, just decide if what they offer is acceptable or not. I gave up on using aggressive limit orders - I either use passive orders or market orders. But I get weekly emails from IB on dangers of using market orders. Lol. If you trade...

Here’s example of trading gap with an edge. I have seen a few people on YouTube trading gaps, but didn’t see/understand an edge. P.S. I have been posting SMB videos often lately, but it’s only because their content got much better, imho.

Not disagreeing with you, but how are you able to tell just from stats?

https://www.gastongazette.com/ZZ/business/20200611/survey-how-pandemic-alters-americans-financial-habits

Outsmart them? I doubt it. It’s not where you route, but how fast can you remove your resting orders. If you don’t care about getting the hell out quickly, then the only reason to pay commissions for most retailers is if you take liquidity and you want to be quicker than most.

Yes, there are no laws, that I am aware of, that prevents making and selling shitty software. Even Boeing is allowed to outsource their software to the lowest bidder. As a US software developer, I am disgusted with the state of the industry, but it’s reality. I think should not mix software...

The above statements seem to contradict each other. You are saying that one can manually back/forward test his strategies, but it would be very hard to automate it, right?