hiding your trades

[emg]

More than 90% of small traders lose. They just lose!!

 

[JamesL]

Quote from bone:

That would actually be the last thing he'd want - every prime brokerage whom I am aware of has a prop trading desk... although most IBs are supposed to be segregating those desks out of the firms entirely.

And yes, your futures orders do get routed through a credit check as they wind their way through the order server.

Suggestion: why don't you take your profit with the Dec contract to make it appear like a calendar spread ? You could then offset the legs with the exchange-supported spread.

OP asked a specific question: can I open a trade with one broker and close it with another? The only way I am aware of that you can do this is through prime. At the end of the day, the accounts have to reconcile. For instance, can he open trades in IB and close it with Mirus. At the end of the week, he's got all these trades open in BOTH accounts, unless he has prime.

Now, not saying it is the best route to hide his trades, as prime also costs more than straight-up trading with the broker. It's just the only way to answer his question.

 

[eudaemon]

I used to route all buy orders to one broker and all sell orders to the other broker.

 

[trend2009]

if OP does not trust the broker, why should he trust the prime?

Quote from JamesL:

OP asked a specific question: can I open a trade with one broker and close it with another? The only way I am aware of that you can do this is through prime. At the end of the day, the accounts have to reconcile. For instance, can he open trades in IB and close it with Mirus. At the end of the week, he's got all these trades open in BOTH accounts, unless he has prime.

Now, not saying it is the best route to hide his trades, as prime also costs more than straight-up trading with the broker. It's just the only way to answer his question.

 

[Peternam]

I remember that Paul Rotter aka the flipper also uses different brokers ..

 

[PitchBlack]

Quote from heech:

I guess that means you didn't want to answer my questions.

When is see the politness of some posters i do not have much of a motivation to have a serious conversation. The less i tell the better i think.
Elitetrader is clearly not full of elite traders.

 

[PitchBlack]

Quote from Peternam:

Spike500,



What size are you moving ?

When is see the politness of some posters i do not have much of a motivation to have a serious conversation. The less i tell the better i think.
Elitetrader is clearly not full of elite traders. This it nothing personal against you.

 

[eudaemon]

Quote from spike500:

Elitetrader is clearly not full of elite traders.

Of course it is. Clearly you aren't one.

 

[emg]

Quote from spike500:

When is see the politness of some posters i do not have much of a motivation to have a serious conversation. The less i tell the better i think.
Elitetrader is clearly not full of elite traders. This it nothing personal against you.

Let start with the definition of discount broker:

In the securities industry, a discount brokerage helps clients buy and sell securities on a stock exchange. Discount brokerages usually allow their clients to trade for their own account with little or no action with a live broker.


This is pure and simple. If you don't want your broker to see your trades, they will not let u use their server. Simple as that

 

[trend2009]

this reminded me that an old saying "when you do not have something, you put your wishes into your name". for example, Japan usually calls themselves "giant Japan", though it is a small country. My neighbor is very poor, so his parents gave him a name "rich".

Quote from spike500:
Elitetrader is clearly not full of elite traders. This it nothing personal against you. [/B]