solution to avoid Profitable Strategies Copied by a Broker?

Discussion in 'Risk Management' started by inPeace, Sep 5, 2007.

  1. vectors101

    vectors101 Guest

    market makers have to on the bid and ask and is automated by computers.

     
    #11     Sep 5, 2007
  2. the broker makes money off of you whether you win or lose so they truly do not care a crap about your strategy. The more money you make the more you trade the more commissions they make. If you are trading with a retail broker, they only care that you churn your account and have no margin calls.

    You are not the only successful client your broker has and at a retail broker even a 7 figure account is a blip on their radar.

    Look up your brokers assets under management or dollar value of accounts.
     
    #12     Sep 5, 2007
  3. vectors101

    vectors101 Guest

    if your broker is also an market maker of that option, they care if you making money out of their game. just like dealer at casino. they let you win sometimes but if you win a lot they'll know.


     
    #13     Sep 5, 2007
  4. inPeace

    inPeace

    you r right.
    although i'm mainly concerned with small local brokers, big brokers dont really care about how much their clients make.

    i feel not so worried now. Thanks :)



     
    #14     Sep 6, 2007
  5. inPeace

    inPeace

    also Thanks loanfinder, Vector101, Mike805 and others who give helpful replies.



     
    #15     Sep 6, 2007
  6. [/B][/QUOTE] [/B][/QUOTE]

    Obviously you have never worked at a quality broking house on my desk we spoke to just about every major eurpoean and Us funds and if you think we had the

    1) Time
    2) interest

    in ripping off a strategy you are mad besides with our comms we were earning it didnt make one bit of sense so get a grip mate in the real world you are a tiny fly. Go do your 2 lots no one cares
     
    #16     Sep 6, 2007
  7. To give you a clue our desk would execute 100-250k lots of futures/options a day (5 of us) on average more if we got a big option trade away grow up you noob only people maybe interested in your strategy is if you are at a low vol bucket shop then you deserve what you get
     
    #17     Sep 6, 2007
  8. Ah yes more Internet delusions of grandeur.
    This is the type stuff that keeps me coming back to this site time and time again. :p
     
    #18     Sep 6, 2007
  9. If the broker is a market maker they could care less how you do cause they are not making a market just for one little account. They are making a huge market hopefully and want to make money on the spread and not take directional risks really.

    You think Goldman Sachs market making side in options cares if a retail account is making money or not???????
     
    #19     Sep 6, 2007
  10. laputa

    laputa

    How about the possiblity of tipping off your hand at a poker table, possibly to other geniuses?
     
    #20     Sep 6, 2007