How in the heck to Trade with Squawk Audio!?!

S

Spectra

Greetings on this holiday weekend,

Have you ever listened to trading pit squawk audio? Did it confuse
the heck out of you? Well here here is a live recording of a trade
placed Friday along with a running commentary on whats actually going on!!
It's very interesting! See how you can gain an edge over the newbies.
Be sure and stay tuned to the end of the video for a special note.

VIDEO LINK: http://www.puretick.com/video/trapped/
 
Squawk is a very useful tool! However, I would caution traders to do more research on this before jumping in, and trying to trade that strategy. Afterall, the sample size is one trade.
 
Spectra normally your videos are way below my trading level. I must say, I loved this video!! I was trading the S&P this day. I was wondering what the heck was going on.

P.S. Spectra can you repost the discount link for tradersaudio service?


Bank
 
We just pump it out for a few hours during the deadzone hours. Most of the day Alex is speaking.

Quote from Spectre2007:

cool.. you were able to get the background noise for your room.
More...
 
the actual orderflow implications isn't really worth it, but Ben does a great job, I turn it on when the music I listen to starts getting to me.

there is a lot of spoofing, so when you see pit traders who appear to be cornered, they really aren't and are offsetting it electronically.
 
Just got this too:


Traders Audio will be holding a Question and Answer
session on Wednesday, September 12th at 3:45 pm CT. Ben Lichtenstein will
be answering questions for listeners over the S&P #1 broadcast line. I
have created a username and password for everyone to log in to listen.
 
Yes I attended. It was looooooooong. Very informative though. I'll definately be using his service.

B

Quote from Spectra:

Just got this too:


Traders Audio will be holding a Question and Answer
session on Wednesday, September 12th at 3:45 pm CT. Ben Lichtenstein will
be answering questions for listeners over the S&P #1 broadcast line. I
have created a username and password for everyone to log in to listen.
More...
 
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