after watching the whole movie, A phobia of computers is the problem I think... If these traders can transfer their practical trading skills into trading electronically they would probably make more money than they would in the pits. At the same time, some people perform better at what they have done for years and years so it's a mater of choice. I mean, some would prefer to wake up at 9:00 am, have plenty of time for breakfast then get on their screens at 9:50 before the market opens... and some really likes the commute to the city, a walk to the exchange, putting on a special jacket then yell at people for 6 hours or so. There's nothing wrong with how you want to trade the financial markets, Just do what is right with you.
I have watched three times Had friend who did it for years So It’s been “ explained” to me…. He introduced me to the movie And Still You’re completely right It’s like watching Bio on Einstein You are not going to get deep side Even after viewing many times
I really enjoyed this film - It seemed strange to me that the floor traders could not adapt to computer chart trading ? As I have always traded with computer trading I could not trade WITHOUT a chart
What floor traders do and what we do on a screen are both called trading. Only one should be called trading. . .we speculate, and we mostly scalp prices. Floor traders trade the market against each other right there in the pit, it's a completely different order flow.
My english sux but, Jesse Livermore said: It dont mather what side of the game you are on, bull or bear side... as long as you make money. The ticker dont lie..... bitching about the computers, robot algoritems or whatever is just loosers excuses. The game is the same as it always was you see paterns in the price moves or you dont. If you dont... dont play, if you do...play. If you loose, cut your losses fast and dont bitch... when you make cash dont brag or talk about money... ever. Let your new whatch or car talk for you. If you make money hold on too the trade and let the winner play it self. If you dont have automatik stopploss orders, you are just another sucker and a gambler.... Good luck too you all.. peace from a norwegian stock investor
Hi Norwegian investor. True, very true. Like these words. Powerful and clear. This is how I breathe. The journey is long, disciplined; increasing awareness, paying attention to bulls and bears. Learning, learning, learning. The Spear Fisherman waits and assesses risk constantly.
Ikaros 23 :::: love you for what you have said in a precise and clear manner. Took me 11 years to get the point..... stop loss on daily sticks and trailing on yearly sticks make something really worth enjoying....
i can't post the address in the comments, please google Floored documentary, it should be the 1st result - please link in comments and put an annotation on the video as well. Thanks!
I have +20 years of trading experience, and I really respect and appreciate Linda as a person and a trader! To anyone new looking for a mentor I'd recommend her videos and the book.
The trader complaining about the spoof orders was right, and no one believed him. Pretty crazy
after watching the whole movie, A phobia of computers is the problem I think... If these traders can transfer their practical trading skills into trading electronically they would probably make more money than they would in the pits. At the same time, some people perform better at what they have done for years and years so it's a mater of choice. I mean, some would prefer to wake up at 9:00 am, have plenty of time for breakfast then get on their screens at 9:50 before the market opens... and some really likes the commute to the city, a walk to the exchange, putting on a special jacket then yell at people for 6 hours or so. There's nothing wrong with how you want to trade the financial markets, Just do what is right with you.
“Let it ride, let the winners ride” Greg Riba
if you've never worked there, you'll never understand it.
I have watched three times
Had friend who did it for years
So
It’s been “ explained” to me…. He introduced me to the movie
And
Still
You’re completely right
It’s like watching
Bio on Einstein
You are not going to get deep side
Even after viewing many times
“You gotta be a street kid and a businessman”
29:45 No concept of risk management whatsoever... Lost $150K shorting USDJPY when he had no business being in a such a large position.
Yeah I like you know and have done better.
I really enjoyed this film - It seemed strange to me that the floor traders could not adapt to computer
chart trading ? As I have always traded with computer trading I could not trade WITHOUT a chart
What floor traders do and what we do on a screen are both called trading. Only one should be called trading. . .we speculate, and we mostly scalp prices. Floor traders trade the market against each other right there in the pit, it's a completely different order flow.
12:48-13:04 💪
That Greg Riba piano riff is beautiful does anyone know the full song ?
Greg Riba sounds like a cool cat.
I’ve heard about him
Sounds like you’re right on
Perhaps
Way smarter than this movie makes him look
My english sux but, Jesse Livermore said: It dont mather what side of the game you are on, bull or bear side... as long as you make money. The ticker dont lie..... bitching about the computers, robot algoritems or whatever is just loosers excuses. The game is the same as it always was you see paterns in the price moves or you dont. If you dont... dont play, if you do...play. If you loose, cut your losses fast and dont bitch... when you make cash dont brag or talk about money... ever. Let your new whatch or car talk for you. If you make money hold on too the trade and let the winner play it self. If you dont have automatik stopploss orders, you are just another sucker and a gambler.... Good luck too you all.. peace from a norwegian stock investor
Hi Norwegian investor. True, very true. Like these words. Powerful and clear. This is how I breathe. The journey is long, disciplined; increasing awareness, paying attention to bulls and bears. Learning, learning, learning. The Spear Fisherman waits and assesses risk constantly.
Ikaros 23 :::: love you for what you have said in a precise and clear manner. Took me 11 years to get the point..... stop loss on daily sticks and trailing on yearly sticks make something really worth enjoying....
It was a good watch while I shorted USDJPY on my box :)
ɷɷɷ I Haveeee Watched Thissss Movieee Leakedddd Versionnn Hereee : - t.co/EQMyZQlo5e
@3:03 the guy thinks miles of concrete as far as the eye can see is beautiful ?? wtf....poor guy.
The world changes and evolves whether we are comfortable with the change or not
i can't post the address in the comments, please google Floored documentary, it should be the 1st result - please link in comments and put an annotation on the video as well. Thanks!
Even the winners seem like losers
Sure James, May I know The address of the website?
23:38 26:50 truth
I have +20 years of trading experience, and I really respect and appreciate Linda as a person and a trader! To anyone new looking for a mentor I'd recommend her videos and the book.