floor trading for yourself vs day trading on computer?

[rb7]

View attachment 183614

That pic was taken before they opened their trading floor.
And their intention was not to launch a 'Pit' as we know it.
But to allow certain types of trade that regulator wise, are hard to be done electonically.

 

[qxr1011]

====floor trading for yourself vs day trading on computer?===

it does not matter, as long as one knows what he is doing

 

[algofy]

====floor trading for yourself vs day trading on computer?===

it does not matter, as long as one knows what he is doing

And when you say as long as you know what you're doing, does that mean perfecting the old school floor trading hand signals?

 

[qxr1011]

And when you say as long as you know what you're doing, does that mean perfecting the old school floor trading hand signals?

I have no clue what that means now

 

[algofy]

I have no clue what that means now

Floor trading is a dinosaur, this shouldn't even be a thread.

 

[cole_]

can someone just answer my question

it people are still trading on the floor today there must be a good reason for it

 

[qxr1011]

Floor trading is a dinosaur, this shouldn't even be a thread.

Whatever, it does not affect the meaning of what I said.

 

[newwurldmn]

can someone just answer my question

it people are still trading on the floor today there must be a good reason for it

It’s because they have lost so much money they can’t afford a chair.

 

[algofy]

can someone just answer my question

it people are still trading on the floor today there must be a good reason for it

Man are you dense? Nobody trades on the floor any more.

 

[FSU]

There are still a few pits trading on the floor. The SPX and VIX at the CBOE being the main ones. The people in there generally are in larger well capitalized groups.