Front Running, Flash Orders, or Blackbox/Algorithmic Manipulation?

Pacific, is this happening with all your stocks? I know what you are describing and the way I get around it is to trade a different stock and leave that one to someone else. If the stock is fucking with you then it is no good for you just replace it.
 
Quote from brazilianwonder:

Pacific, is this happening with all your stocks? I know what you are describing and the way I get around it is to trade a different stock and leave that one to someone else. If the stock is fucking with you then it is no good for you just replace it.
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Thanks, i have been a little more selective lately. Some stocks are just plain outright blatant cheats. They are run/traded either by a few big market makers, a rip-off specialist, or very sophisticated algo's. Whatever the con artist, they make the stock impossible to trade for even the best traders.

What's very worrisome to me is that cheat's are in cahoots with with some of the exchanges and ECN's. THEY SELL OUR (PROFESSIONAL TRADERS') ORDER INFORMATION TO THE CHEATS SO THEY CAN USE IT AGAINST US TO THRASH OUT OUR POSITIONS!!! WE ACTUALLY PAY THEM A FEE WHEN WE TAKE LIQUIDITY USING THEIR EXCHANGE/ECN ROUTE. THESE ARE AMERICAN STOCK EXCHANGES. THIS SEEMS ALMOST CRIMINAL "BERNIE MADOFF"-LIKE BEHAVIOR.

Anyway, i'm glad that we are finally seeing this sham unfolding. I've been catching a lot of segments on CNBC on the issue. Some joker from one ECN/exchange (maybe Edge?) actually came on to try to defend or justify the activity. It looked like he started to get a little rattled and uncomfortable towards the end of the segment when the hosts really started laying into him... little sweat on his forehead and started talking real fast with some BS terminology. It was almost laughable!
 
Quote from bighog:

A football quarterback pretends to hand the ball to the fullback and the opposing team gets suckered as the QB then throws a TD pass downfield.

Changing plays at the line of scrimmage is smart and heads up play.

Going into the other teams locker room and stealing there playbook is cheating and unethical. The opposing team knows the plays their opponent is going to run and it gives them an un-fair advantage.

You either trade in the same capacity in which this post was written, you do not trade with any size, or maybe you are not a trader at all. Whatever the case, "beat-it" and hit up another post.
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dude, how can they 'sell' your information if you keep your trade to yourself until you want to execute?

your 100 shares of SIRI is not of interest to the pros.
 
Quote from KINGOFSHORTS:

Not a problem here. I only trade high volume highly liquid stock.

ie: GE for example.
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yeah, they cant manipulate GE, too high a volume. too liquid,
 
Quote from stock777:

dude, how can they 'sell' your information if you keep your trade to yourself until you want to execute?

your 100 shares of SIRI is not of interest to the pros.
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You really have no clue, do you?
 
I have a feeling all this flash order bs came into the news because somebody at NYSE or others associated with them wanted to screw the other "exchanges/ecn's" & they figured this was the best way to do it...make them look bad.

Who knows, maybe NYSE secretely "flashes" orders to their #1 patron, GS!
 
Quote from risktaker:

I have a feeling all this flash order bs came into the news because somebody at NYSE or others associated with them wanted to screw the other "exchanges/ecn's" & they figured this was the best way to do it...make them look bad.

Who knows, maybe NYSE secretely "flashes" orders to their #1 patron, GS!
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The real question is who Schumer is going to bat for. They know there'll be a huge shift in volume if the order mechanisms change is my guess.
 
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