Wednesday, July 25, 2012

Floored: Into The Pit (Trading Documentary)

This documentary looks at the emotional, practical sides of traders at Chicago Mercantile Exchange; how decades ago some of the guys made money easily, the smart guys retired or moved on while others have struggled desperately against the transition from Open Outcry to Electronic Trading. Reality is nothing like the movies, "successful" floor traders can go broke, too; it only takes a slip of discipline, risk management, etc.

Some thing I've learned: Always think about the future, and contingency plans.

double click video area to make it full screen

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