Wow, daytraders in the 1950s

[hughb]

oops, double post.

 

[oldtime]

quotron

 

[Wide Tailz]

Quote from denner:

Give me the markets back in the days of the 14.4 modems...I wouldn't even care that I'd have to go back to dial-up. Seriously, those were the days...

+

I was still in high school, not even thinking about trading, but I remember how many ordinary folks were suddenly "rich" for no reason.

 

[Zr1Trader]

Neat thread

In the 50's , what did it costs in commissions per RT in most commodity markets?

 

[oldtime]

Quote from Zr1Trader:

Neat thread

In the 50's , what did it costs in commissions per RT in most commodity markets?

65 bucks regulated by law, no discount allowed, at least that's what it was before deregulation

 

[KINGOFSHORTS]

Here is a girl working on a teletype one of the KSR series, notice the two Ultronic's and the high speed 900 series ticker. (900 characters per minute) Those were the last ever ticker machines built.

Oh and back in the days you had different tapes then in the mid 1970s and up you had the consolidated tape

but you still had the last sale tape and the bid and ask tape.

 

[KINGOFSHORTS]

Quote from nkhoi:

a personal quote machine

In the 70s if you had money to spend you can avail yourself to a Trans Lux "Personal Ticker"

 

[Sunset Station]

Quote from oldtime:

we didn't call them "terminals" they were cathode ray tubes or CRT for short

I just quoted it, but good to know.

 

[marketsurfer]

This is what we used back in the day---- First was charting from newspaper quotes, next was following the ticker on FNN, and finally the quotrek and a leased quotron machine --- I use to trade options from this thing---- LOL !