True Legendary Trading Stories

Discussion in 'Trading' started by thetraderprofit, Aug 20, 2002.

  1. xandman

    xandman

    In the 1990's, me and a bunch of Floor Clerks were trading the average monthly snowfall in Chicago (not a listed contract). Anyway, with only 2 inches of snowfall and 1 week to go I sold a ton of contracts.

    Being a fresh of the boat immigrant, I never heard of "In like a lamb, out like a lion (and vice versa). 3 days to go and we got exactly that type of Chicago storm. My CTA (Train) pass was prepaid but I was eating Ramen for a month!

    You know what was funny? I almost got into a fist fight by not making a reasonable market for another FOB who was trying to get out of his long position.
     
    #251     Aug 13, 2014