NexusFi: Find Your Edge


Home Menu

 





Brokers


Discussion in Brokers

Updated
      Top Posters
    1. looks_one camsolution with 2 posts (0 thanks)
    2. looks_two Quick Summary with 1 posts (0 thanks)
    3. looks_3 TraderSU with 1 posts (1 thanks)
    4. looks_4 gio5959 with 1 posts (0 thanks)
    1. trending_up 4,490 views
    2. thumb_up 3 thanks given
    3. group 2 followers
    1. forum 5 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
 
camsolution's Avatar
 camsolution 
maple, ontario, canada
 
Experience: Intermediate
Platform: ninjatrader
Trading: YM
Posts: 14 since Nov 2010
Thanks Given: 22
Thanks Received: 3

Does it make a difference to trade with a brokerage that uses an order
desk as opposed to an electronic order processing?
Will you get stopped out less if there is no one there to see your SL as in a order desk.


Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
My Rant with AMP Futures
Trading Reviews and Vendors
Datafeed for Atas
Platforms and Indicators
EA
Platforms and Indicators
requesting .nrd replay files from 2026 spy and qqq
The Elite Circle
No book, only a stair: journaling fills where price move …
Cryptocurrency
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Mes vs MNQ
6 thanks
NexusFi site changelog and issues/problem reporting
5 thanks
BERN ALGOS algo trading journal
3 thanks
TopStep Trader disappointment
2 thanks
Johnnys Journal
2 thanks
  #3 (permalink)
 TraderSU 
New York
 
Experience: Intermediate
Platform: NinjaTrader, Custom Platform
Broker: IB
Trading: ES, YM, Currency Futures
Posts: 79 since May 2010
Thanks Given: 46
Thanks Received: 75


Electronic order flow is the best unless you need block trades and playing with millions. And you won't ask this question on NexusFi (formerly BMT) if you are really playing with millions. So the short answer is - stop looking for full service broker.

I hope it helps.


Follow me on X Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #4 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

If you are really paranoid about your stops and you are disciplined, don't place a stop.

Close your order when you reach your 'virtual stop'

You are 100% safe against others, but you are 0% safe against yourself.


Reply With Quote
  #5 (permalink)
 
LukeGeniol's Avatar
 LukeGeniol 
Italy (IT) Italy
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,486 since Apr 2010
Thanks Given: 408
Thanks Received: 986

I think there isa mistake here, i think what @camsolution ask is about the difference thru a dealing desk brokers and ecn or stp brokers. I think this problem come almost on the OTC markets, where there are not a centralized exchange, and the problem of stop hunting thru price manipulation from the brokers should not exist on futures.


Take your Pips, go out and Live.
Luke.
Reply With Quote
Thanked by:
  #6 (permalink)
 
camsolution's Avatar
 camsolution 
maple, ontario, canada
 
Experience: Intermediate
Platform: ninjatrader
Trading: YM
Posts: 14 since Nov 2010
Thanks Given: 22
Thanks Received: 3


LukeGeniol View Post
I think there isa mistake here, i think what @ camsolution ask is about the difference thru a dealing desk brokers and ecn or stp brokers. I think this problem come almost on the OTC markets, where there are not a centralized exchange, and the problem of stop hunting thru price manipulation from the brokers should not exist on futures.

Yes exactly, thanks Luke.


Started this thread Reply With Quote




Last Updated on January 17, 2011


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts