And such a broad range of comments as well, befitting of the very best of the best 5th graders in this great nation!
Securing successful strategy from the broker stealing it
- Thread starter yoyotrader
- Start date
Such intellect. Stunning, just stunning.
My question to the OP is: Why do you care?
If you are only making 20-30% annually, chances are the broker has much better traders to copy. If you are making 4-500% just be happy and enjoy your skill and profits. If the broker goes for a ride with you, even better as long as they don't frontrun you. If their order comes after yours, they actually strengthen your position.
If you are only making 20-30% annually, chances are the broker has much better traders to copy. If you are making 4-500% just be happy and enjoy your skill and profits. If the broker goes for a ride with you, even better as long as they don't frontrun you. If their order comes after yours, they actually strengthen your position.
Tell this to Medallion and see what they will do. They should give you their signals as your orders will strengthen their position. It's a WIN/WIN!
LOL.
In the US billions of dollars are going around in funds that DON'T share their signals as they catch millions in commission. Copying trades is killing a business.
Frankly speaking, I don't know of an anyone that was able to consistently make 20%-30% per year in all economic cycles, regardless of anything. But I know several people, even Nobel Prize winners, who consistently made money for several years and then blew-up. If I were a broker and I spotted some customer who is consistently making money in all seasons, I would rather try to get her/him as a consultant. But why, say Interactive Brokers, would care about this? Their job is another one and it is already a very lucrative one. Anyway, if they really want, they can already subscribe to and even try to reverse-engineer some winning strategies at Collective2.
You guys are not getting it. The numbers were highly irrelevant in my post. The point was that OP is most likely just a small retail trader who is worrying about an insignificant issue.So I will simplify:
Tell us your account size and returns for the last 3 years and we will tell you if anybody wants to copy you.
Tell us your account size and returns for the last 3 years and we will tell you if anybody wants to copy you.
I got you perfectly. I was making the point that even if he has been a very successful trader for the last 10 years, his broker is not going through the efforts and the risks of front running his orders.
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Ah, he's turned into an ad hominem poet now. Brilliant, the beauty of your prose brings a tear to my eye.