Can a broker intentionally not fill your orders?

1. i am more experienced than you
2. personal information a buy and a sell lmfao..

good one. anyway good luck but stop wasting peoples time who want to help you
 
bmoney said:
Unfortunately it is, as I’m only profiting a penny per share in many cases. Thanks for the recommendation.
More...
Commission are crazy at your size, why not trade smaller on stocks like QS? $50-$55 calls and common were great. Sold last at $64.5.
 
bmoney said:
It was via the phone. Called the trade desk this morning as my account was on a hold and they had some head manager give me a call and give me the run down. The market makers, IMO, threw around the accusation of spoofing, even though my orders that I’m placing in my 100k account are minuscule to the 500k-1mil+ share bid or ask I’m joining, to use as a guise to justify not allowing me to continue scalping since it competes with them. At the end of the day, I was treated like a card counter in a casino.
More...

I have no specific knowledge of these issues but I find it hard to believe this type of conduct (by the broker) doesn't violate laws. At the very least, on false advertising. You might look into arbitration or consult a lawyer, if it's worth enough to you.
 
AMTD and ETFC do not use soft edge margining.

SCHW will also ban for this activity.
IBKR stopped filling my orders last week, sending them only to ARCA, EDGX, BATS, NSDQ, and OTCBB ... and no longer filling with their market maker NITEZERO.

Not sure how to proceed as I use a similar strategy
 
I am a TradeStation client. I use automation and it is not unusual for me to do 500 trades in a day on a stock. My trade size is generally 500 shares or under using limit orders. I trade a number of securities that have huge volume spikes. I do not have the problems your sharing. I am having problems with all aspects of their reports so much so I might be done with them. Many times I find it impossible to reconcile my results to theirs.
 
BIG1RED9 said:
I am a TradeStation client. I use automation and it is not unusual for me to do 500 trades in a day on a stock. My trade size is generally 500 shares or under using limit orders. I trade a number of securities that have huge volume spikes. I do not have the problems your sharing. I am having problems with all aspects of their reports so much so I might be done with them. Many times I find it impossible to reconcile my results to theirs.
More...

Wow. How many hours does it take you to manually calculate and compare your P/L for the day after 500 trades? And how far off are they on their totals?
 
Short answer is at the moment they are in control. Once I figured out the trademanager is useless, I began taking screen shots of my realized profit at least daily. I am waiting for management to contact me(on week 2)to resolve the problems. They need to do something like IB. IB reports are so flexible and complete.

I have one 3 position trade that i showed a $92 profit, they show a loss of $32. I have one day where I had a $1700+ profit and their reports showed $1300 ish. Also means tax reporting is going to be wrong. It isn't off every day, but there are issues almost every week.
 
You must log in or register to reply here.
Back
Top