Sentences with phrase «floor trader»

The observations of tape readers and floor traders on market movements also contributed to current price action trading techniques.

But that's only the case for floor traders.

And that decline in rents is precisely why floor traders fought electronic trading so fiercely for years.

Perhaps they saw something in an older movie or TV show where floor traders were jumping up and down, screaming out their orders on one of the exchanges.

I've worked in the industry for many years, as an exchange employee, order desk clerk, Series 3 broker, and finally as an independent floor trader at the CBOT (MidAm division).

Larry, a former floor trader in the commodities market, is a current trustee at the MCA and serves on the Executive and Collection Committees.

Austin Passamonte discusses how to measure price action in financial markets using the well - known technique, floor trader pivot.

Joe graduated from Sydney University in 1989 with a BA majoring in pure mathematics before commencing his first trading role for BZW as a futures floor trader in index futures and options on the Sydney Futures Exchange in 1990.

Pivot points are a vestige of the days before electronic trading that were calculated manually in the past by floor traders.

-- 9:05 a.m.: RT @KenSweet: Floor trader Kenneth Polcari thinks twitter's $ 26 share price is pretty fair.

Listen to a discussion about raising capital and other challenges cannabis businesses face in Benzinga's daily trading show hosted by prop trader Dennis Dick and former floor trader Joel Elconin PreMarket Prep show from April 20.

Back to that little investor: What should she or he do when a bleary - eyed floor trader says «We're all freaking out, man»?

An old adage of floor traders is, «The trend is your friend.»

HFT firms are liberally populated by former traders from bank proprietary - trading desks and floor traders who team up with technology providers.

But as electronic trading continued its rapid growth and acceptance in the financial markets, NYMEX's plan to lure London IPE floor traders and trading away was a complete failure.

The TriggerCharts — Commander Series indicators are a structured and logical approach to analyzing and interpreting the markets that has its foundation in the principles of Auction Market Theory and Market Profile ®, developed by legendary floor trader, Peter Steidlmayer.

In the United States, Timber Hill floor traders begin using commercially available handheld computers on the exchange floors, communicating by radio with the firm's central pricing systems.

During this presentation, John Thorpe, Senior Broker with Cannon Trading and an ex floor trader will share with you:

For example, an old floor trader's rule says to «fade» (short sell) the first rally after the end of the Federal Open Market Committee meeting.

DMMs are especially important the day a company goes public, because the DMM co-ordinates between Twitter, the company's investment banks and NYSE's floor traders to get a stock trading.

Because the technical problems take out the floor traders, too,» said Richard Repetto, an analyst with Sandler O'Neill & Partners.

«This is going to make it more difficult to say the floor traders are important when there's a technical problem.

The trading desk would call their floor trader at the New York Stock Exchange, and that trader would find someone who wants to sell 100 shares of Citi.

The problem is when there is sufficiently high liquidity in a stock (free shares trading daily because no floor trader / retail traders wants to hold them) invites a falling stock price.

This can explained by the widely followed nature of pivot points from retail traders, floor traders to professionals and institutions.

In 2002 or so I wrote a paper titled «Upstairs, Downstairs» (still a working paper) which showed that floor traders earned a rent as a result of their time and space advantage: upstairs traders could not supply liquidity as effectively as floor traders due to their information disadvantage, and this meant that floor traders faced limited competition in supplying liquidity.

In 1998 he decided to focus on trading and providing analysis to floor traders.

This can explained by the widely followed nature of pivot points from retail traders, floor traders to professionals and institutions.

The 15 - minute opening range scalp trade is among the 10 scalping trade setups shared by Kevin Ho, a floor trader and a member of the Singapore Exchange, in his article in Chartpoint.

Considered to be a dual specification, «order cancels others» commands the floor trader to load one of the other of two orders.

It is also possible to combine the Floor Traders Pivot Points with the pport and Resistance Pivot Point indicator to give you additional support and resistance points.

Trading for the day will usually remain between the first support and resistance points as the floor traders make their markets.

If either of these first points are penetrated, off - floor traders are attracted to the market.

When I started my career on Wall Street as a floor trader, I thought the key to getting ahead was always being busy and working hard.

The trading desk would call their floor trader at the New York Stock Exchange, and that trader would find someone who wants to sell 100 shares of Citi.

The floor traders should be thanked today.

Over a very short period, instead of trades being executed on the floor of the stock exchange through a chain of individual brokers, clerks, and floor traders for several hundred dollars each, it became possible for individuals to enter the order to buy or sell directly through discount brokers for $ 6 or $ 8, with all of the record keeping done with computers.

What is it like to work as a floor trader at the New York Stock Exchange?