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Posts Made By:
jstnbrg
Forum:
Traders Hideout
February 6th, 2023, 04:55 PM
Replies:
398
Is anyone actually making money?
Views:
115,065
Posted By
jstnbrg
Hopefully whatever you were leaning on wasn't too...
Hopefully whatever you were leaning on wasn't too big!
Forum:
Traders Hideout
February 6th, 2023, 03:56 PM
Replies:
398
Is anyone actually making money?
Views:
115,065
Posted By
jstnbrg
OK, gotta go. Heading to Big Bend National Park...
OK, gotta go. Heading to Big Bend National Park tomorrow and there's laundry to do.
Forum:
Traders Hideout
February 6th, 2023, 03:49 PM
Replies:
398
Is anyone actually making money?
Views:
115,065
Posted By
jstnbrg
Yes and no. If your hands were up and a broker...
Yes and no. If your hands were up and a broker said "Sold" you couldn't back out, both by the rules and by the social conventions. I showed big offers all the time when I actually wanted to buy,...
Forum:
Traders Hideout
February 6th, 2023, 03:42 PM
Replies:
398
Is anyone actually making money?
Views:
115,065
Posted By
jstnbrg
1) Every floor trader I knew was a scalper, many...
1) Every floor trader I knew was a scalper, many of whom were scalping spreads. But sometimes those "scalps" would take hours to get out of, especially for the spreaders but also when things got...
Forum:
Traders Hideout
February 6th, 2023, 03:13 PM
Replies:
398
Is anyone actually making money?
Views:
115,065
Posted By
jstnbrg
Yeah, I went back and looked at the thread again...
Yeah, I went back and looked at the thread again and saw you were responding a post he(?) had made. Sorry. Hopefully @artesimo will see this and respond.
Forum:
Traders Hideout
February 6th, 2023, 03:08 PM
Replies:
398
Is anyone actually making money?
Views:
115,065
Posted By
jstnbrg
You might be describing me, except for the last...
You might be describing me, except for the last line of your post. Floor trading and modern electronic trading involve completely different skill sets. While I think I'm far from being stupid, I...
Forum:
Traders Hideout
February 6th, 2023, 02:20 PM
Replies:
398
Is anyone actually making money?
Views:
115,065
Posted By
jstnbrg
We certainly had the advantages you describe. ...
We certainly had the advantages you describe. It's why exchange memberships used to cost so much. Firstly, individual brokers tended to represent only one or two large firms, so you got a sense of...
Forum:
Traders Hideout
February 6th, 2023, 01:48 PM
Replies:
398
Is anyone actually making money?
Views:
115,065
Posted By
jstnbrg
A great post. Even in the pit either the...
A great post. Even in the pit either the existing bid or offer was better than the edge I was interested in, so I when initiating a trade I was always only on one side of the market. My rule of...
Forum:
Traders Hideout
February 6th, 2023, 01:36 PM
Replies:
398
Is anyone actually making money?
Views:
115,065
Posted By
jstnbrg
I do not trade any more. I've tried a couple...
I do not trade any more. I've tried a couple times but I need an edge and I've decided I don't have the time or the financial urgency to devote the thousands of hours necessary to develop one. Even...
Forum:
Traders Hideout
February 5th, 2023, 09:34 PM
Replies:
398
Is anyone actually making money?
Views:
115,065
Posted By
jstnbrg
I was a floor trader at the CBOT from 1986 to...
I was a floor trader at the CBOT from 1986 to 2002, trading mostly in the Five Year T Note pit. I didn't know anyone who did backtesting for the purpose of making markets on the floor, though I did...
Showing results 1 to 10 of 10
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