Submitted by O2148 t3_116nyv9 in wallstreetbets

That I like to keep my charting platform separate from where I purchase options? I don’t want to chart and buy options from the same place, incase they have access to check the charts.

For years I was buying everything on TOS and charting on Tradingview because I didn’t like the way TOS looked so outdated.

Now for some weird reason something clicked and I like charting on TOS, so now I buy options somewhere else. 😆

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VisualMod t1_j97h9eg wrote

>That is a very sensible precaution to take. I would recommend doing the same thing if I were you.

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[deleted] t1_j9809bo wrote

[deleted]

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O2148 OP t1_j9817j4 wrote

I know. Let’s say you’re making a large amount of money on a platform. I feel like they are going to check and study your chart to see how you’re making all that money on their platform. But if you chart and buy on different platforms neither platform has an idea of what you’re doing successfully

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UsedToHaveItAll t1_j986dg4 wrote

Yea, your brokerage is extremely interested in your regarded crayon analysis.

Your comment might be the dumbest thing I’ve read all week, and I read a lot of WSB

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Outis7379 t1_j98ksgu wrote

If you make money they’ll forward your contacts to Goldman Sachs.

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O2148 OP t1_j98crdu wrote

Of course they are. Retail isn’t suppose to win at this game. 👍🏼

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UsedToHaveItAll t1_j98jrm8 wrote

What’s stopping your brokerage from copying your trades as you put them in?

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O2148 OP t1_j98kfes wrote

Nothing. I’m out of my trades before market closes. I don’t like to hold anything over night incase someone tweets something that drops the market

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needspantsu t1_j99mxr2 wrote

How much money are you throwing around to think anyone gives a shit?

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Big_Cheek_6310 t1_j9ajdmf wrote

He made tree-fiddy on this one trade last week. “They’re” on to him. Walls are closing in….

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BertAnsink t1_j9alr6o wrote

On average retail looses money daytrading.

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So literally all the broker has to do is take the other side of the trade for all their clients and they would automatically make money if that was their objective.

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People talk about PFOF as a business model for brokers, however there is another potentially more powerful revenue stream, they can sell data concerning their client's positioning. When trading into a lit market, ie through regular channels there is companies that can compile this data for themselves, but one of the issues with PFOF is that the trades never reach the exchange, ie only the MM that handles the orderflow know's the positioning of the clients.

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