How I beat my broker, so they can't front run me.

Quote from twofacedjoker:

How about you stop sending stop orders and using these silly limit orders.
More...

my freund, if I want to execute 80 cars on YM, I lose points too many for in and out

what do you suggest I do

we are not all pikers you know :)
 
Quote from naked:

my freund, if I want to execute 80 cars on YM, I lose points too many for in and out

what do you suggest I do

we are not all pikers you know :)
More...
Oh my, 80 lots? That sounds like a mighty lot to scare away the big boys. I did not know E.T. users had it in them. Go back and read my first comment then frame it.
 
This is one of the funniest threads I have ever read.

I honestly didn't know if the OP was serious or not.

In case you are, OP, I can assure you that no one institution with a semblance of sanity would attempt to front a retail trader, no matter how stellar that trader's performance.

:eek:
 
Quote from ByLoSellHi:

This is one of the funniest threads I have ever read.

I honestly didn't know if the OP was serious or not.

In case you are, OP, I can assure you that no one institution with a semblance of sanity would attempt to front a retail trader, no matter how stellar that trader's performance.

:eek:
More...

perhaps not an institution...but think 2 minutes of employees of that same institution...
 
How are you sure that it is not (normal) slippage?

You can open accounts with several brokers, to see if your fill is nice compared to otheres.

Perhaps since I swingtrade, a couple cents of slippage (or even fronrunning), doesn't change anything.
 
on a thinly traded stock it is possible but i see no reason unless you are trading size and they ride the wave in front of you. other than that,i do not see why they would do that.
 
Quote from naked:

I trade with IB mainly, they are not bad for most part but only a fool does not know how things run behind the scenes in a typical brokerage.

when you are new you will lose your ass and brokerage takes 10-30 % of losers like you and fades the crap out of you, Now what happens when you become god...err I mean good, well let me explain, First you need to know that being good and being great are very very different. A guy who makes 30 % a year is good, A guy that pulls of 100% a year (definitely a day trader) is still good. But a guy that pulls 500-800% a year for 4 years straight is GREAT, that account is flagged in even legit brokerage house like IB, and some smart asses decide to front run you when you reach half a million or so.

How they front run you is based on LIMIT orders, they see what you want to do when price gets there and BAM the rest is history,

So how do I beat them, simple, I use two accounts from two different houses and shuffle money between them
More...

Your post might have maybe an ounce of possibility if you were trading at a web based broker where orders are essentially emailed to a broker. But at a direct access broker the orders are sent directly to wherever they're headed. So there's no way once they're sent for someone else to send an identical order at an earlier time and thus "front run" the original order.
 
Quote from naked:

I trade with IB mainly, they are not bad for most part but only a fool does not know how things run behind the scenes in a typical brokerage.

when you are new you will lose your ass and brokerage takes 10-30 % of losers like you and fades the crap out of you, Now what happens when you become god...err I mean good, well let me explain, First you need to know that being good and being great are very very different. A guy who makes 30 % a year is good, A guy that pulls of 100% a year (definitely a day trader) is still good. But a guy that pulls 500-800% a year for 4 years straight is GREAT, that account is flagged in even legit brokerage house like IB, and some smart asses decide to front run you when you reach half a million or so.

How they front run you is based on LIMIT orders, they see what you want to do when price gets there and BAM the rest is history,

So how do I beat them, simple, I use two accounts from two different houses and shuffle money between them

(people start clapping in ovation, clapping gets violent
and someone throws a moltov cocktail in my direction)

I catch it and throw it back only to burn an innocent bystander sigh
More...

You seriously need female company, dude.

And fast!
 
Quote from DHOHHI:

But at a direct access broker the orders are sent directly to wherever they're headed. So there's no way once they're sent for someone else to send an identical order at an earlier time and thus "front run" the original order.
More...
Orders have to at least get by the "margin clerk" before they go to the exchange.
 
Quote from doli:

Orders have to at least get by the "margin clerk" before they go to the exchange.
More...

Orders are auto rejected. If you can't make margin, the order does not transmit and and you are immediately notified.
 
You must log in or register to reply here.
Back
Top