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What techniques do floor traders use?


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What techniques do floor traders use?

  #31 (permalink)
Philadelphia
 
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Wall Street Warriors [s.01x01].avi - YouTube

Never knew this series was out,
Although some of the people are corny,
It does give a lot of different perspectives from "wallstreeters",
I think a lot of their opinions contradict one another because their jobs are different,
but altogether it's an entertaining watch

R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.

Last edited by Itchymoku; September 1st, 2012 at 10:47 PM.
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  #32 (permalink)
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Itchymoku View Post
Wall Street Warriors [s.01x01].avi - YouTube

Never knew this series was out,
Although some of the people are corny,
It does give a lot of different perspectives from "wallstreeters",
I think a lot of their opinions contradict one another because their jobs are different,
but altogether it's an entertaining watch

There were seasons 1 & 2. Season 3 was never released.

Math. A gateway drug to reality.
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  #33 (permalink)
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  #34 (permalink)
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tigertrader View Post
Have you visited and read my entire "Floored" thread?


I just did and it was an amazing read! It also reinforced my believe in my trading method. I did not know I had some sort of floor trader mentality. Not the one where you know where the stops are but in a way of always thinking what is behind each and every market move, who is buying, who is selling, why are they doing this.

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  #35 (permalink)
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ReaM View Post
I just did and it was an amazing read! It also reinforced my believe in my trading method. I did not know I had some sort of floor trader mentality. Not the one where you know where the stops are but in a way of always thinking what is behind each and every market move, who is buying, who is selling, why are they doing this.

As @wldman will surely attest to; You can take the trader off the floor, but you can't take the "floor" out of the trader.

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  #36 (permalink)
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Amen brother...


tigertrader View Post
As @wldman will surely attest to; You can take the trader off the floor, but you can't take the "floor" out of the trader.

both a blessing and a curse. Especially true for the guys that can not adopt a trading personality and a rest of life personality. I evaluate everything from a cba perspective and look at risk reward...I also count my steps and look for fib patterns in everything from ceiling tiles to flower beds.

If anyone cares...ask about the water fountain analysis from going to the pool with the kids.

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  #37 (permalink)
Los Angeles
 
 
Posts: 131 since Mar 2011
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Hey, tigertrader,

comparing the intraday price movement of the T-Bonds before electronic trading came with today, how would you say it changed?

Did it change at all?

Also, can someone explain me the limit down/up thing. If the market reached that point, the trading would stop completely for the day or could you still buy/sell for that price? T-bond dont have limits today as far as i know right?

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  #38 (permalink)
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Was thinking about the trading pit today and got me thinking about this thread.

@tigertrader did you trade similarly in the bond pits as you do today using market internals trading multiple instruments at once? Do you prefer the pit over screen trading?

R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.

Last edited by Itchymoku; May 7th, 2015 at 12:50 PM.
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