Article Translating Floor Trading Emotion into Screen-Based Trading

T2W Bot

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Movement in price is based simply on supply, demand and the human behavior relationship that exists in any market. And, clearly, opportunity always arises when this equation is out of balance. Whether trading the S&P, buying a house, a car or a Michael Jordan rookie card, how we make money buying and selling never changes.
My PathLet me begin by saying that I have never read a trading book from cover to cover. Also, I started my career on the floor of the Chicago Mercantile Exchange (CME), not looking at a screen-based chart for the first year. On top of that, from an early age I was always taught not to accept something as true just because someone says so. What I do is apply simple logic to everything that presents a challenge, and trading presents a challenge second to none.
At the CME I could have taken a variety of classes and started reading all the books, but personally chose another means of gaining knowledge about trading the markets. I had two very good friends on...

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