Totally agree.
Except in the British TV series which is a reality show, all the traders were amateurs who were handed a portfolio of money to manage and whoever...
Paper trading is like practicing boxing before a match. Would you have preferred no practicing and then just throw yourself into the boxing ring...
And IB actually gets compensated by venues for order flows that exceeding certain volume.
Well can we have just ONE exchange but with many market makers/specialists and order-matching books/ECN's? So that way we pay ONE exchange fee...
Yes our commission will be $100 per contract. The lost MM revenue is gonna be made up from somewhere somehow given the focus is on brokerage now.
Anybody who's ever used TWS would agree that their TWS needs a LOT of work in all of the platforms on all products. If IB can REALLY indeed do...
Then how does the stock exchanges do it? There is only a few stock exchanges that stocks are traded on and the commissions is comparable to that...
WHY can't they just have ONE or a few central exchanges like the stocks or futures? It's very confusing and highly inefficient with all those...
Well they are NOT supposed to have an edge. They are supposed to earn money based on providing brokerage services regardless whether we profit or...
Well it's ALWAYS more profitable trading against your clients that's why retail forex is littered with bucket shops. I just can't believe Options...
Can't believe options is traded like retail forex. So what are all those central exchanges for?
Nixon is dead. So I didn't see the most recent article. You are gonna sue me?
Is this the news that you are referring to? http://www.zerohedge.com/article/why-be-market-maker-when-you-can-just-be-hft-scalper It's really...
Yeah but I already KNEW all that. WHY are you responding to something that I already knew and already commented on? You know there is a...
You need to read my most recent posts before responding. I assume you have low enough latency to read them before responding? :p
Well of course that's how Bernie Madoff was able to get $65 BILLION for his Ponzi scheme, all through private exclusive clubs of "relationships"....
Well technically the pros do NOT get the information faster because all information are disseminated at EXACTLY the same time to everybody...
Yeah but how Goldman Sachs f***'ed everybody by KNOWINGLY dumping their toxic ABS that initiated the financial crisis of 2008 so that they can get...
What's with all the animal metaphors?? :D
Separate names with a comma.