These firms can have 100's of traders. They don't have the time, resources or inclination to oversee individual stop order strategies.
If you're not robotic about that approach, you'll quickly get tired of being stopped out all the time to watch in horror as it closes that day in...
It was a dream job...unfortunately the open outcry system lost out to electronic trading. I'm not sure if open outcry even exists anymore but the...
Been there done that..from a market maker in the Coffee, Sugar Cocoa options ring for +10 years to day trading off the floor. It got...
Just curious..
Interesting..it never even entered my mind to inquire about that when I was actively discussing involvement with "shops" around 6 months ago....
As a former commodity options trader I don't need to tell you that ATM volatility and thus straddle prices already have risen in anticipation of...
What is "bucket-shopping and b-booking"?
"..Think about it this way. With marketable skills, finding a job that pays $150k is not that hard. to do it with less, working a job would almost...
Thanks for the reply as I had the same impression from my discussions with Cygroup. Haven't pulled the trigger yet. Perhaps I should of as one...
I endorse this comment......................
Not sure what you mean by "Gotten 100's of thousand back in profits with zero drama" With which firm? & perhaps expand on how the decision of...
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