def
Sponsor
Quote from milstar:
Dear Mr.DEF
Sorry to inform you ,in one of your e-mail before you stated
IB not involved ,TMBH make that .
In this case definition as " Company and she's affiliate
have not proprietary desk,not involved in trading against
client interess and exist not a grounds for direct conflict of interess" can not be used .
Trading against clients interess with access to information
about clients group behaviar, position,stop loss give principal
multiple decisive advantage's.
Illustrative example . Take simply not adaptive Risk /Reward
relation 1 to 1 . By each 20$ bet in case of win back 40$
/20$+20$/
Very good operator from 100 operations would win 60
Good operators 55 operations
Take transactions cost 2 operations
60-2 = 58 operation
55-2 = 53 operations
Trading by Principal would increase this winning realtion for 3-5 operaitons.
58-5= 53 winning
53-5 = 48 operations
Broadly mass of operators ,which can perform result 40-50 % per year would make loss
Definition of GS,MWD,MER as "China wall" - without matter
Milster,
I've said this before and I'll say it again. NO IB AFFILIATES HAVE KNOWLEDGE NOR MAKE ANY TRADING DECISIONS BASED UPON CUSTOMER ORDERS/FLOW. That's a fact. If you don't wish to believe it fine with me, but please refrain from making inaccurate statements or implications in regards to IB.