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ash71 · 22-02-2005, 18:57

Bob, Tim nn:

I am with you guys. Besides brokerages like ACM which actually apply individual account execution / spread & price manipulation algorhthyms based on a clinical study of an individuals trading style, traders who think their brokerage is "hunting" their 1 lot, 10-15 pip stops are passing the buck and deferring responsibilty for their own trading problems to the easiest target: The Evil Broker.

I think it has been covered weel in these forums. Brokerages run their price data through their own recources which calculate a tick-by-tick cost/bennefit and risk analysis of the prices they hang and how/when/where to move them. Thats their business, there are many well-conceived posts on that matter, and I have never really had a problem with stop hunting over the course of hundreds of trades.In fact, I have hunted more of my own stops.

Really, the fear-of-stop-hunting crowd would do well to understand their stops are more in jeoparady of being hit because they are making bad trade calls for a list of reasons, the least not of which is the trade-affecting psychology of having a constant suspicion of their brokerage!

Thanks for the good posts guys!

22-02-2005, 18:57	#12 (permalink)
ash71 level 3 Join Date: Oct 2004 Posts: 155 Rep Power: 0	Re: Let's give "stop hunting" a rest Bob, Tim nn: I am with you guys. Besides brokerages like ACM which actually apply individual account execution / spread & price manipulation algorhthyms based on a clinical study of an individuals trading style, traders who think their brokerage is "hunting" their 1 lot, 10-15 pip stops are passing the buck and deferring responsibilty for their own trading problems to the easiest target: The Evil Broker. I think it has been covered weel in these forums. Brokerages run their price data through their own recources which calculate a tick-by-tick cost/bennefit and risk analysis of the prices they hang and how/when/where to move them. Thats their business, there are many well-conceived posts on that matter, and I have never really had a problem with stop hunting over the course of hundreds of trades.In fact, I have hunted more of my own stops. Really, the fear-of-stop-hunting crowd would do well to understand their stops are more in jeoparady of being hit because they are making bad trade calls for a list of reasons, the least not of which is the trade-affecting psychology of having a constant suspicion of their brokerage! Thanks for the good posts guys!