From the Pit to the Computer

From trading on the floor of an exchange in a specific pit, to trading off the floor -1. using a computer to trade from any place in the world that has an internet connection; 2.and, having the ability to trade any and all products simultaneously!

To Chuck, you are absolutely correct, the trading game is different when you are using a computer; in fact, the trading game is completely different. Thus, the game of trading must be re-learned.

Similarly, to the game of BASEBALL:

After years 15 years or so of being a winning Pitcher, a coach asks the same Pitcher to become a Catcher

The game is baseball, RIGHT?
QUESTION: Isn’t the throwing, batting, and catching the same for every position in baseball?
ANSWER: Ya Right!

1. PITCHER – The Pitcher “standing tall” sees & knows every hitter while throwing the baseball to the catcher for 9 innings
2. PIT TRADER – The Pit Trader while standing in a pit trading, sees & knows every broker & sees & knows every trader in the pit. He/she stands in the pit all day – when the store is open the players play all day.
3. CATCHER– The Catcher while crouching, takes into consideration present situations ( hitter, men on base , score, righty or lefty hitter, singles or home run hitter, inning, etc. and calls all the pitches for 9 innings.
4. SCREEN TRADER – The Screen Trader sits at computer while looking at charts and news, He/she selects his/her trades methodically & trades ( he/she may trade for 2-3 hours during a chosen time of day).

Also, more women can be expected to play the game using a computer to trade,
On the floor of the exchanges, men dominate the pits