Of course.. brokers frontrun their few successful clients. It might be illegal, but they just still do. It tends to be more prevalent at smaller firms, unlike IB. There are funeral home operators who steal tissues and bones etc and replace them with plastic pipes. It is illegal and a heartless thing to do, but people still do it because its profitable.
This is what I am talking about. Take me for example, I never enter limit orders and let them sit, so they can not front run me if they wanted, but they could enter as soon as they see me get filled, and exit as soon as they see me get filled In a way this bothers me because I believe it does happen quite often.
Do you realize that there will be people posting soon who will make negative comments about this post?
How does one go about getting these reports ? Are these reports from the previous day or generated intraday and put out the same day ?
I never enter limit orders on the book and let them sit, as I do believe that brokers do watch profitable clients and will trade off of their signals. On top of that, I believe that if I show "my hand," the potential for exploitation increases considerably.
Not paranoid, and limit orders help nothing if they get their signals from your fills. You can not tell me that risk control programs at brokers that offer $500 margins don't know exactly when you buy as soon as you are in the trade.
That's fine. Let them join you in the trade. Everything should be fine as long as they don't enter before you. Can you say conspiracy theorists? This is the male version of female gossip.