Wall Street trader's NYSE Trading Floor Tour

[NYSEGOP]

If this guys client bought GGP in 2008.... he's screwed. If he sold it.... lucky him.

[MrCalebhester]

MW3 mission



[riximo1]

this guy makes it hard to be mad at wall street....what a nice guy

[MrMeineNamen]

the stock market is the most stressful greedy place a person could work. it would be my nightmare to work there.

basically its a huge gambling game... i play things safe and dont gamble

[AntonShevhenko]

отличное место для работы)

[eric669cp3]

3 WORDS. ACTUALLY 2 WORDS 1 NUMBER. MODERN.WARFARE.THREE. HAPPENED HERE

[theotherguy245689]

Not that I'm trying to be rude, but if u don't mind, what are u getting paid and what do the big guys make? I'm 14 years old and am very interested in the stock market. Hopefully this could be my career. I wouldn't just be in it fir the money, I find the market very intresting

[TradingTutor]

@theotherguy245689 you'll only be a "big guy" if you have a lot of money. If you wanna make money in the markets you need some capital to start with, so you'll have to work first.

[theotherguy245689]

@TradingTutor oh ok that gives me more idea thanks.

[TradingTutor]

@theotherguy245689 When you still have a small capital base you'll want to do intraday trading. It's much much harder than trading daily/weekly, but if you study and make a good trading plan you'll be able to get like 10% or more each month.

[aRazrsEdge]

@theotherguy245689 the guy giving the tour makes a commission off of every order he takes, the specialist (the guy who takes the orders) makes money off of the spread (the difference between the bid price and ask price).

[Yotta1983]

Good video. Helped me about the conception about a broker's job.

[SUPERSHEEPSQUAD]

damn i thought it would be like the movies where everyone is like crazy for item with alot of yelling

[theotherguy245689]

@SUPERSHEEPSQUAD it can be like that, and it has been like that, but usally its kind of calm. but it just depends

[j12torts]

the dog definitely is the consumer, it is our action that decides the fate of our economies. Our greed can either pull it up or down.

[damonkat26]

My uncles name is James Hyde or jimmy hyde. anyone know him?

[JEMacProductions]

They had conventional tablets before the iPad was even an IDEA...

[nyclifestyle1]

Arturo Montenora and a undisclosed female visit the floor of NYSE. (AP).

[Ashitaka255]

I'm quite curious about stock trading, would love to go LSE and just watch for a few hours.

[carlosvg1986]

so weird, these guys make tons of money trading virtual stuff they don't own (not the guy in this clip, i mean the fatcats) this won't keep lasting

[Tokyorosebiz]

Please check out the Fat Cat Bankers by Tokyo Rose

[SirAvalord]

So many computer screens holy crap.

[BullsofWallstreet]

wwwbullsofwallstreetcom

[adulby]

@hbk621 dude you need to go to the CBOT. Its about twice as hectic as NYSE. they still have a about 2000 floor trading doing outcry. NYSE has much more flash.

[duetto64]

Hi !!

Check that electropop song about Traders !!!

BECOME TRADER by LOWICZ

Electro vs Finance !! :D

[stephanjvandelinde]

GoldMan + Sachs as on a conspiracy show that they were stealing form the government. its quite possible hey are quite a big company and they deal with a lot of money.

[Glukado]

<----- informative site. best solution

[Bigideanwo]

Louis get your black assets over here and shine my shoes and if you are good boy, I'll let you touch the kiosk.

[nubbie1944]

@hbk621 Um dude, the Chicago Board of Trade is a lot like this.

[PrehistoricPinup]

This guy has a retarded accent. Americans can't speak English haha.

[gvpgroup]

Bet my money on Blue Star!

[CaptainStriker]

@hbk621 Dude u should be grateful for where u live.I am, though i want to live in america,but it doesn`t stop me being grateful.There`s always someone worse of then you or i.

[JAmidon701]

@LawrenceLugar1 VERY TRUE!! couldn't agree more and The key to the game is capital reserve if ya don't have enough you cant wizz in the tall weeds with the big dogs....

[StonemanPete17]

From 9:30 AM to 4:00 PM M-F, I lose some days, I win on most days. Trading isn't gambling, no matter how many anti-capitalist socialists say. Even through the recession, I have gained money. Even though I only play with a few thousand dollars, the money I trade with helps every company I buy.

[adulby]

@StonemanPete17 and thats the magic of investing!

well said. i guess you could say options is gambling. since your not directly partnering with a company.

[Gichnni]

IM GONNA HIDE ALL MY MONEY AT HOME!!! :D hehe

[maddenchiefs]

fuck business engineering FTW

[750BruteForce4x4i]

Hey. I have a question. Why do some brokers work on the trading floor, and some work in offices? Is there a difference between the brokers? Please explain. Thanks.

[SzabadaVasar]

NYSE!!  Who wants to be a millionare? :D

[igelsun]

@SzabadaVasar Én! ;)

[skip8619]

Blue Horseshoe loves Anacott Steel.

[JAmidon701]

@skip8619 LOL I'm surprised People STILL remember that quote,,, Now HE will REALLY start believing he's GEKKO the great!!

[bdscavenger]

nyse=nice

[tqsuited]

hows anacott steel trading?

[bucsbaseball100]

stockbrokers are robbing people legally. many people have said were heading for a even worse crash.

[17thknight]

@bucsbaseball100 You don't understand economics in the least.

[bucsbaseball100]

@17thknight well all my friends dads who are stockbrokers are losing there houses....i guess cause they make so much money right?

[sdmage]

does any one know how can I begin learning the basics of trading?

[DuctapePenguin]

@sdmage yep....watch every trading video on youtube with Tim Morge. Ive been trading for 20 years and the Morge methods are up with the best.

[mjlexus24]

@sdmage check out wallstreetsurvivor. you might find useful info there.

[mvvdlv]

Fuck it...

[CapitalistOverlord]

I wish somebody would throw money off one of those balconies. I think it would be interesting to see those bastards trample each other for money.

[FXThug]

@CapitalistOverlord Better be a lot of money these fuckers are pretty rich.

[2006scottw]

trading was mostly done by phone calls back in the 80`s

[faYte0607]

cool... what's the place like before we had all the computers and e-trading? how about even further back then before when phones weren't so popular?

[kingzatara]

the floor broker earn the commission from their clients. The specialist is the guy he asked sitting on the chair.

[vishaal100]

how much do these guys earn?

[vishaal100]

also how much money do the floor traders earn?

[TStyle123]

@vishaal100 differences with each trader. Everyday, in Forex alone (so not even stock etc.) there's 3 trillion USD traded. Today, I made 21 dollar within 15 minutes when news came out. =]

[vishaal100]

is it true there is no trading floor in the London Stock Exchange? please answer

[naishandbianca]

The NYSE is known as an "Open Outcry"system, where a lot of SE's around the world use purely electronic systems now, hence no need for a physical trading floor.

[khmaiboihon]

the devils playground!

[bulletprooftrader]

NYSE AMEX NASDAQ ))))))))))))))

[B0rnAl0neDieAl0ne]

haha they said that bizz was bad prior to Ocotober 2008 wow.

3:04

[flamehotrod]

Where is the specialist ??

[crazypete3]

Can i buy around 10,000 shares and in a month sell them when they go up, or is it against the rules?

[flamehotrod]

Yes you can! But its likely that those shares will go down. heh

[quirpco]

Thanks, Ted...great tour!

[mvvdlv]

shit dog, and many there have lost a lot of money and how many more will lose

[lawrencelugar]

The NYSE, baby

[ibm198708]

Awesome

[nikothedog]

Very informative, thank you

[Mychitivideo]

The nyse is dead. With all this lame electronic dominated algo trading, floor brokers are a thing of the past. Of course it takes you a week to complete an order these days in a thin stock.

[thehatecrew]

gambling is wagering on a game of chance... researching, being educated, and calculating your decisions trading is completely different... it's like playing Poker, Poker is technically not gambling since players with higher skill in the game will win more consistently than those less-skilled with the game. Trading is the same basic idea, those with more skill win more consistently, and when they lose, they know how to lose very little.

[psestock]

Thanks for sharing your world to me. appreciate it so much

[blrstud84]

4o clk go home. sweet!

[ryan8247]

ITs gambling if u get greedy made 28g last month lost 80% of it last week

[dave997]

wall street is the biggest fuckin casino in the world, i dont know what planet this guys from when he says it isn't gambling

[dave997]

wow you must fail at reading comprehension

[ExquisiteDoom]

It is gambling if you're ignorant.

[j10zzxx]

No it is not if you know what you are doing. you must not be in the game if you say that. watch CNBC or read a book.

[GreyMoose08]

Trading stocks is only investing if that's what you make it. If you're one of these people that just throws your money out there with no research or any clue what you're doing, then you are gambling! Good traders make educated trades based on fundamentals, patterns, technicals, etc.

[eewarze]

yup!

[GreyMoose08]

Oops, I meant to say "Trading stocks is only GAMBLING..."

[emperor0989]

we sell side bastards (M&A investment bankers) do all the grunt work, while traders (buy side) are more laid back

[Pamiejerseycity]

Look at the montage of photos that are listed under "NYSE trading floor, Pamela's Pix.

this spans 18 years when the floor was run by people and a great place to be.

[lti12]

LOL, ye that's true. when my stock is not doing well, I just want the trading to close early

[wangstick]

Good video. Nice summary on how a broker's job. There aren't many videos like this where we get to see the floor up close like that.

[Domibond007]

brokerinvestor, The NYSE is 90% electronic today, the floor is almost dead.

[Domibond007]

Craztbob, you fucking socialist, The market didn't fuck us, the govermment did it, fannie mae, freddie mac, the freaking FED, greenspan,mortgages brokers, Real state frauds, Paulson, even the public has their own share of fault at this, buying shits beyond their pockets.

[yoboss1049]

nice vid

[brokeinvestor]

i thought nyse was all electric. whats with the slow brokers walking around?

[selfidentity1]

really nice, thanks for posting!

[crazybob43]

Sorry, to blame only 2 doesnt fly with the american public.

The tru terrorists all work on wall street, greedy bastards thats all you are! We the american people will not invest our hard earn dollars in the markets anymore! You are all to blame for Americas downturn, and more!!

Fight Back America!!

WALLSTREET MUST FALL!!

[crazybob43]

A great tour of how these bastards screwed the American public, and guess what? They laugh in our face!!

"We the people" are so stupid!!

[momoville100k]

You have know idea what your talking about. We the traders are not the fault of the problems we had in 2008. Paulson and Bernake have alot to do with what happened in our markets.

[bigg512]

kool

[Jayee123]

Thanks for the tour. Very interesting.