Ten-thousand in Education and still not profitable! | Trading Reviews and Vendors

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Ten-thousand in Education and still not profitable!

  #165 (permalink)

SE Asia
Trading Experience: Advanced
Platform: NT
Favorite Futures: NQ
Anagami's Avatar
Posts: 767 since Dec 2010
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jstnbrg View Post
True. All different sorts of information can be helpful. Remember, however, that the real game is no longer being played in the pits.

I can't think of a reason why anyone places orders in the S&P pit these days, it was always a cesspool anyway. My wife worked for a discount futures broker 20 years ago. She said that when a customer got a good fill in the S&Ps, it was a sure sign the trade was really bad.

Thanks for sharing that. Good fill bad trade applies to most instruments.

I cannot imagine why anyone would trade S&P period, pit or electronic (ok, it has huge volume). Back in the days when I would program and test a variety of systems, they would always always have the worst performance on ES out of all the instruments. In any case, I suppose that the way ES acts might appeal to some personalities (I was gonna say anal retentive types, but then I thought it would be too inflamatory )... but certainly not to me.

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