Squawk BOX aka Pit NOISE!?!

Does pit noise improve your trading?

  • Yes, definately!!

    Votes: 8 34.8%

  • Maybe, I'm not sure yet.

    Votes: 6 26.1%

  • Nope!

    Votes: 9 39.1%
  • Total voters
    23
  • Poll closed .
Ben is the best....hands down........he even used to give you the most popular locals bidding & offering.
i have`nt used it since 2000.....to much noise for me & actually hindered my trading..........i enjoyed it....but i enjoy making money a bit more.

Jays............agreed,that will never happen.....very,very rarely will they even do Santellis broadcast anywhere near the spooz pit.
always fed funds futs of euro.........................hmmmmmmmm
 
i am on free trial now and i think it is a nice tool , u feel u r trading with banks and brokers but this doesnt mean u will be more profitable with it , i am not sure about this , any advice guys ?
 
I have never used this tool but I always assumed its usefulness came from listening to it for a period of time and then attaining an intuition for when the yelling had gotten so extreme that it signaled a short term reversal. Kind of like an audible sentiment indicator. I'm curious to see if there is any truth to this so I might have to give the free trial a whirl. I wanted to check this out before but I had forgotten about it. So thanks for the post as a reminder.
 
I used to listen to the pit noise and loved it. If a big trade came in, the pit announcer would tell you, and then there would be a couple of seconds before the futures reacted. An absolute lifetime for entering or exiting positions. This worked maybe once or twice a week.

On the downside, i woke up several times screaming things like "828 bid local!"
 
BTW i am talking about the one with the commentary ( Tradersaudio ) not the background noise only service ...

At Friday and Thursady i heared the whole session ! it is stressfull but i felt i am in the pit and i knew where big trades from big banks filled , i am still in the free trial untill 20/5 , i think i need time to get used to it ...
 
Quote from Div_Arb:

I used to listen to the pit noise and loved it. If a big trade came in, the pit announcer would tell you, and then there would be a couple of seconds before the futures reacted. An absolute lifetime for entering or exiting positions. This worked maybe once or twice a week.

On the downside, i woke up several times screaming things like "828 bid local!"
More...

looooool
 
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