If I'm using a retail broker, and my account makes a lot of money there, is anybody who works for that broker going to see what I'm doing and tell his hedge fund buddies about it? Are there any privacy laws about that sort of thing?
How secret are my strategies with a retail broker?
- Thread starter ScroogeMcDuck
- Start date
Just keep making money. No one really cares.
It's too late now. Since you mentioned that your strategies are secret, (which you have been using all along) on this forum, your broker will now notice it here and will forever take every measure possible to assure you no longer make money, so you stop trading and they lose your business/commissions.
Time to retire now, go fishing and never trade again.
Nobody cares about your strategy lol.
I had a really good strategy shorting pump and dumps in May through October, but I talked about it too much, bragged about my Sharpe ratio of 6, and then in Oct-Dec it got overcrowded to the point that it was much harder to find targets, and now in January it's blowing up with WSB manufacturing squeezes on all the heavily shorted stocks. Every trade that gets overcrowded blows up. Talking your book is minus EV in the long run.
Sounds pretty standard to me. The market adapts on its own, unless it's something super specific I doubt that you talking about it was a factor of the edge's demise.
Get over it. Nobody cares. This is not the 1st time you have posted this ridiculous idea.
The solution is to use two brokers -- send entry orders to one and exit orders to the other.
