Securing successful strategy from the broker stealing it

Discussion in 'Professional Trading' started by yoyotrader, Apr 27, 2020.

  1. Sig

    Sig

    And such a broad range of comments as well, befitting of the very best of the best 5th graders in this great nation!
     
    #81     May 3, 2020
  2. henry76

    henry76

    That the best you've got?
     
    #82     May 4, 2020
  3. Sig

    Sig

    Such intellect. Stunning, just stunning.
     
    #83     May 4, 2020
  4. Pekelo

    Pekelo

    My question to the OP is: Why do you care?

    If you are only making 20-30% annually, chances are the broker has much better traders to copy. If you are making 4-500% just be happy and enjoy your skill and profits. If the broker goes for a ride with you, even better as long as they don't frontrun you. If their order comes after yours, they actually strengthen your position.
     
    #84     May 4, 2020
  5. virtusa

    virtusa

    Tell this to Medallion and see what they will do. They should give you their signals as your orders will strengthen their position. It's a WIN/WIN!
    LOL.

    In the US billions of dollars are going around in funds that DON'T share their signals as they catch millions in commission. Copying trades is killing a business.
     
    #85     May 4, 2020
  6. Frankly speaking, I don't know of an anyone that was able to consistently make 20%-30% per year in all economic cycles, regardless of anything. But I know several people, even Nobel Prize winners, who consistently made money for several years and then blew-up. If I were a broker and I spotted some customer who is consistently making money in all seasons, I would rather try to get her/him as a consultant. But why, say Interactive Brokers, would care about this? Their job is another one and it is already a very lucrative one. Anyway, if they really want, they can already subscribe to and even try to reverse-engineer some winning strategies at Collective2.
     
    #86     May 4, 2020
  7. Pekelo

    Pekelo

    You guys are not getting it. The numbers were highly irrelevant in my post. The point was that OP is most likely just a small retail trader who is worrying about an insignificant issue.So I will simplify:

    Tell us your account size and returns for the last 3 years and we will tell you if anybody wants to copy you.
     
    #87     May 4, 2020
  8. I got you perfectly. I was making the point that even if he has been a very successful trader for the last 10 years, his broker is not going through the efforts and the risks of front running his orders.
     
    Last edited: May 4, 2020
    #88     May 4, 2020
  9. henry76

    henry76

    Sig , your words ,I'm sure sound great in that anal mind of yours , but set free upon these pages they start to wither, slowly begin to hobble , and ultimately reflect yourself , pulling up lame.
     
    #89     May 4, 2020
  10. Sig

    Sig

    Ah, he's turned into an ad hominem poet now. Brilliant, the beauty of your prose brings a tear to my eye.
     
    #90     May 4, 2020