Quote from stock777:
traderum, at least post something plausible if you're going to express your mental illness publicly.
Quote from traderum:
nassau, thanks for the confirmation.
this is unbelievable, shocking, it's a big scandal!
I don't find the right words to condemn such dirty practices of the brokers at the moment. Maybe more later...
Quote from traderum:
Yes, I know, that seems to be the only solution.
But hey, what I don't understand is why on hell does IB do such unethical things?! It's fraud! It's a crime!
Quote from traderum:
My initial conclusion of this is:
The TWS is useless for placing orders via it.
A better method is doing it via an own program using the API, or via a 3rd party program (for example Ninja Trader etc; though I have no experience with NT yet).
Quote from traderum:
I'm sure it does. The moment I open the mask the price goes automatically up.
This happens nearly always, ie. it's repeatable.
Yes, a network sniffer will prove it. I'll investigate this next week.
Quote from traderum:
I have the suspicion that the TWS platform does inform the market maker
(and/or the brokers own trading team... ie. those guys at the broker who trade
against their own clients by spying their actions etc...) about your intention
when you open a mask and begin filling it... long before you push the final
button to send out the order...
Can this be true?![]()
Quote from 5yrtrader:
If that always happens why wouldn't you sell it? Seems like free money
5yr
Oh yeah I just remembered, you could also try wearing an aluminum foil hat. To keep IB from reading your brain waves on upcoming trades.Quote from traderum:
No, no, if the qty is negative (ie. short selling) then of course exactly the opposite happens...
And, also It you want to close your position and prepare the mask for it then... exactly in the same moment the price moves against you, because the MM (or the intermediary Broker) moves the price against you....
So your mere going to the order mask has been silently transmitted to the broker and/or MM!
We are not talking of sending an order! We are talking of filling/preparing an order...
Just imagine!...
Quote from Lucrum:
Oh yeah I just remembered, you could also try wearing an aluminum foil hat. To keep IB from reading your brain waves on upcoming trades.