Not dunking on the commenter here; this feels like a good encapsulation of something which is easy for a technologist to believe so good to correct publicly.
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The purpose of a limit order is to ask an exchange to advertise your willingness to buy or sell a defined quantity of stock at a defined price, so if you do not want market participants to learn you wish to buy a defined quantity of stock at a defined price, perhaps don't do that
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Don’t they pay the money to be able to front run you?
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*sigh* No. Specialized firms (internalizers) pay your brokerage for the opportunity to fill your order prior to it hitting the public markets by offering as-good-or-better of the NBBO (best price anywhere), which they can do because you're not informed order flow.
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Sure why not. Keeps everyone honest. I profit over weeks months and years.... If I daytraded (ugly year learning) I would want as much info as possible....
Thanks. Twitter will use this to make your timeline better. UndoUndo
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