How secret are my strategies with a retail broker?

Discussion in 'Retail Brokers' started by ScroogeMcDuck, Jan 27, 2021.

  1. If I'm using a retail broker, and my account makes a lot of money there, is anybody who works for that broker going to see what I'm doing and tell his hedge fund buddies about it? Are there any privacy laws about that sort of thing?
     
  2. RedDuke

    RedDuke

    Just keep making money. No one really cares.
     
    persistence, dennis86, jys78 and 3 others like this.
  3. Overnight

    Overnight

    It's too late now. Since you mentioned that your strategies are secret, (which you have been using all along) on this forum, your broker will now notice it here and will forever take every measure possible to assure you no longer make money, so you stop trading and they lose your business/commissions.

    Time to retire now, go fishing and never trade again.
     
    Big AAPL likes this.
  4. Nobody cares about your strategy lol.
     
    Nobert and comagnum like this.
  5. I had a really good strategy shorting pump and dumps in May through October, but I talked about it too much, bragged about my Sharpe ratio of 6, and then in Oct-Dec it got overcrowded to the point that it was much harder to find targets, and now in January it's blowing up with WSB manufacturing squeezes on all the heavily shorted stocks. Every trade that gets overcrowded blows up. Talking your book is minus EV in the long run.
     
  6. Snuskpelle

    Snuskpelle

    Sounds pretty standard to me. The market adapts on its own, unless it's something super specific I doubt that you talking about it was a factor of the edge's demise.
     
  7. zdreg

    zdreg

    Get over it. Nobody cares. This is not the 1st time you have posted this ridiculous idea.
     
    jys78 likes this.
  8. JSOP

    JSOP

    How secret are my strategies with a retail broker?

    -Very secret...to the point of nobody cares
     
    IamTheCasino likes this.
  9. ph1l

    ph1l

    The solution is to use two brokers -- send entry orders to one and exit orders to the other.:D
     
  10. maxinger

    maxinger

    My goodness!

    This question has been asked millions of times!

    Brokers are totally not interested in our trading strategies
    because brokers don't want their minds to be contaminated!

    What shall we do if the next person asks a similar question?
     
    #10     Jan 27, 2021