August 12, 2010
Wall Street trader’s NYSE Trading Floor Tour
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@CapitalistOverlord Better be a lot of money these fuckers are pretty rich.
I wish somebody would throw money off one of those balconies. I think it would be interesting to see those bastards trample each other for money.
I am using a system and I must admit that it works amazingly well. The good thing about it is that it isn’t time consuming. I use the daily strategy, and all I have to do is log in once a day to the system and simply follow the signal to buy or sell. Simple and easy to understand, and - the most important thing - I earn money this way. This really is a very good system.. Learn about it at [ MakeMoney8ZZcom ](replace ZZ with a dot)
trading was mostly done by phone calls back in the 80`s
@vishaal100 differences with each trader. Everyday, in Forex alone (so not even stock etc.) there’s 3 trillion USD traded. Today, I made 21 dollar within 15 minutes when news came out. =]
The NYSE is known as an “Open Outcry”system, where a lot of SE’s around the world use purely electronic systems now, hence no need for a physical trading floor.
cool… what’s the place like before we had all the computers and e-trading? how about even further back then before when phones weren’t so popular?
the floor broker earn the commission from their clients. The specialist is the guy he asked sitting on the chair.
how much do these guys earn?
also how much money do the floor traders earn?
is it true there is no trading floor in the London Stock Exchange? please answer
the devils playground!
NYSE AMEX NASDAQ ))))))))))))))
haha they said that bizz was bad prior to Ocotober 2008 wow.
3:04
Where is the specialist ??
Yes you can! But its likely that those shares will go down. heh
Can i buy around 10,000 shares and in a month sell them when they go up, or is it against the rules?
Thanks, Ted…great tour!
shit dog, and many there have lost a lot of money and how many more will lose
The NYSE, baby
Very informative, thank you
The nyse is dead. With all this lame electronic dominated algo trading, floor brokers are a thing of the past. Of course it takes you a week to complete an order these days in a thin stock.
gambling is wagering on a game of chance… researching, being educated, and calculating your decisions trading is completely different… it’s like playing Poker, Poker is technically not gambling since players with higher skill in the game will win more consistently than those less-skilled with the game. Trading is the same basic idea, those with more skill win more consistently, and when they lose, they know how to lose very little.