Def,
I am waiting your response..
Stock777,
When Def refuses to answer, you come in to defend IB, in EVERY thread you are defending IB, talking about stupidity, Mr. Shill LOL
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"IB LLC" more busy than Timberhill w/ "counterparty" market making?
- Thread starter Option Trader
- Start date
Def,
I am waiting your response..
Stock777,
When Def refuses to answer, you come in to defend IB, in EVERY thread you are defending IB, talking about stupidity, Mr. Shill LOL
Quote from stock777:
To imagine your broker is targeting your trade for a shakeout, is not productive.[/B]
Actually it's the opposite; I didn't start making money until I realized that this was going on.
Quote from stock777:
Should such a thing ever come to light , there would be hell to pay for any broker. Not worth it. Not for a few grand piker money, unless you think this goes on 1000 times a day. I know you don't.[/B]
This has come to light by a former major player in the industry (see my earlier post on this thread quoting Bill Cara). There are no laws that say brokers cannot do this, In fact you have to sign an agreement that says they can and will do this; so there is no hell to pay. That's why when pressed for proof no IB representative (or Fidelity, Schwab etc. etc.) will ever give you anything other than just trust us. If there are such compliance mechanisms don't you think they would aggressively produce these to avoid suspicion. Silence or evasive self referential answers speak volumes here.
Quote from stock777:
If you fear such things, trade the biggies or the ES. There's no manipulation there.. [/B]
No manipulation? Perhaps less manipulation is the better term.
when an edge starts to deplete, change brokers
Quote from cvds16:
Yes, IB is moving the markets worldwide to target your piker-account. They are out to get you ! LOL
Paranoia is a disease ! Seek medical help !
If you could respond with something other than name calling or attempted insults you may gain credibility as a contributor to the ET readers.
Also this post has yet to be responded to by one who claims to be able to enlighten others with his vast proclaimed experience and knowledge.
Quote from cvds16:[/i
03-15-08 01:52 AM
Quote from cvds16:
let me enlighten you: you don't know what you are talking about ...
Please do enlighten if you are capable. As background here is something I posted before by someone who has a verifiable resume as a former broker and market maker that supports what I'm saying.
This is a post from Bill Cara's blog 10.2.2006
{(Humungous Bank & Broker's) H B & B trades against the order flow of its clients, including the hedge funds. It's basically a no-risk business because the broker-dealers hold the collateral, analyze the holdings and the strategies, and use this all-important info for their own gains. And, in the futures business, for every gain there is a loss.
Would any casino player play 21 (blackjack) if the dealer's knowledge of all the cards on the table was a rule of the house? Would anybody play poker if one of the players knew in advance everybody's cards and how they would play them (and was the banker)?
I have been saying this for years but too few people listen. ... ... HB&B is the player that is keeping government regulation out of "their" capital market, and that's because they are the winner and everybody else the loser. But, except for the fact it is the People's capital market, they get away with it because the People have stopped thinking -- they've been brainwashed into believing that "our" market needs to be under the control of HB&B.}
This is from his Bio on the Blog:
{Bill Cara has extensive experience in the Canadian securities industry. He was the co-founder/CEO of Qtrade Investor (Canadaâs leading online broker), founder and President of Security Traders International (offshore trading broker), President of William Cara Investment Bancorp (registered Ontario securities dealer), founder/CEO Canaccord Capitalâs Eastern Canada Operations (Canadaâs largest full-service independently-owned broker-dealer) and broker and portfolio manager with Dominion Securities and Dominion Securities Investment Management (now RBC).}[/B]