Right now everyone has the same problem since the market is simply going up every day. I suspect that your broker gets confused trying to figure out which clients to front-run. They may just need to front-run everybody.
You do shout out your orders... Every time you place them, unless you are able to do some of that weird "dark pool" stuff I've heard about. But unless you are pushing millions of shares per hour? I'd say, don't worry about it. Yer, yer paranoid.
Most traders change brokers (those they use for day trading) every few years. In fact, some have more than one broker...one primary and one backup or some old account they rarely use. Simply, you having multiple brokers just because you're paranoid still has the same result...most traders have more than one broker. Depends on the strategy, whom/when you're shouting it out too and what you're trading. wrbtrader
I would totally do this. And make sure you are doing it from a different country every time. Outsource some foreign secretaries too so when they call you you can totally sound legit. Get them to practice nasal tones, something guttural and throaty for good measure. You will also need lots of email addresses. Don’t forget to FBAR all those foreign accounts or the IRS will fine you big time. Seriously, nobody making under $100M per year has any reason to worry about this. If you want to know a trade it’s way easier and more effective to talk to traders at other firms than to parse trade statements. I’ve had my FCM accidentally send me someone else’s trade statements several times. And once they sent everyone’s statements to everybody. Nobody really cares. You can reconstruct a position but not a trade.
I’m with you on this one. I have such a hard time losing that I place losing trades on purpose to hide how truly great I am. Problem solved.
When I first started trading the feeling was brokers took the opposite side of every retail trader thinking that most retail traders lose.