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I believe buying the bid and selling the ask is something that can only be done consistently if you are in a trading pit. Otherwise scalping is just taking very quick profits.

The same is true for traders. Many traders were able to reach the point where they were very successful. Maybe they expected to find happiness once they "arrived." Sadly, it's true that money (along with fame, I assume) can't buy happiness. Once they fail to find happiness, things can get...

What is your reason for saying this? I am not trying to be confrontational, but I know some people who would completely disagree. Myself, I have not yet started to make consistent money as a trader, so I wouldn't be able to straight up say that you're wrong. But I know some people, a few of...

Actually I disagree, especially with the last part. I don't know much about systems, I'll admit that. But there are people, and I have seen them, who do happen to have the right attitude and the necessary discipline. Trust me when I say they would be far, far more valuable to any prop shop...

Let me clarify. When I said you need to be a stone-cold machine, I mean that you need to be able to make decisions that are in-line with 1 goal and 1 goal only: to make money. Of course you're human, so being absolutely emotionless is difficult, if not impossible. But you basically become...

Intuition is still a huge part of trading. The best trader at a very reputable shop in Chicago was an intuitive trader. When you say man vs. machine, it's literally, in many cases, a man's intuition (or discipline, perception, or whatever skill) vs. a computer. That is why it is imperative...

What's the deal with this bad boy? Completion, height, use, etc...Chicago's skyline is already amazing, in my opinion the best in the world. We have the Trump, Aqua, and this Spire. Olympics? I think so.

25-50k is a bit steep. Of course it depends on what pit you are in, but for the most part, at least at the CBOT, the pits are pretty slow. I would feel safe saying anyone making 25-50k is doing very, very well for a pit trader nowadays.

OK so what is the deal with the Chicago Spire? Chicago's skyline is already, in my opinion, the best in the world. With the Trump going up, not to mention some other buildings such as Aqua, it will be propelled far ahead of any competition. I don't know too much about the Spire. I was...