the good old days
brandonvass1002 2 years ago
Many brokers made their living executing customer orders and trading their own accounts. Screen based execution has taken them out of that equation.
newyorkdaver 3 years ago
Certainly busy back then.. - So why do some old open outcry traders have difficult moving to screen based trading? - Does anyone know?
Richie77777 3 years ago
Because on a screen you have to do real trading with no inside info on order flow from floor brokers or your paisan to help you out of a losing trade.
subban 3 years ago 2
Exactly, I'm on COMEX and trade well with Globex.
jrg6362 2 years ago
I always thought everyone was required to wear a colored jacket in the pit?
subban 3 years ago
wish you had some from COMEX. I was there from 91'-97'.
jjcjammer 3 years ago 2
the good old days
brandonvass1002 2 years ago
Many brokers made their living executing customer orders and trading their own accounts. Screen based execution has taken them out of that equation.
newyorkdaver 3 years ago
Certainly busy back then.. - So why do some old open outcry traders have difficult moving to screen based trading? - Does anyone know?
Richie77777 3 years ago
Because on a screen you have to do real trading with no inside info on order flow from floor brokers or your paisan to help you out of a losing trade.
subban 3 years ago 2
Exactly, I'm on COMEX and trade well with Globex.
jrg6362 2 years ago
I always thought everyone was required to wear a colored jacket in the pit?
subban 3 years ago
wish you had some from COMEX. I was there from 91'-97'.
jjcjammer 3 years ago 2