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A comment on The invisible hand that pushed Apple up and down for six years. Parent comment

Re:The invisible hand that pushed Apple up and down for six ... by gergles on Friday December 20, 2013 @09:52AM (#6941606)
Great, could you explain to me as a retail investor without direct access to the exchanges how to place an ALO order and to buy or sell without enriching HFT shops? (Hint: you can't.)
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Re:The invisible hand that pushed Apple up and down for six ... by yummyfajitas on Friday December 20, 2013 @10:32AM (#6941839)
With a retail broker it's moot - they charge you a flat $8/trade regardless of whether you add or remove liquidity. You never collect rebates or pay to take liquidity.

You can still choose not to cross the spread with a retail broker. Just place limit orders on the right side of the spread.

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Re:The invisible hand that pushed Apple up and down for six ... by minimax on Friday December 20, 2013 @12:13PM (#6942484)
Most retail traders actually get slightly (insignificantly) better prices for liquidity taking orders through price improvement at the wholesaler. Retail traders can also send post-only orders and participate in exchange the rebate/fee program on Interactive Brokers.
[ Parent | on HN ]