076: Saul Knapp – Insight From a Former-Risk Manager of 120+ Prop Traders, and Spread Trading
Chat With Traders
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The Best Day Ever
I had some good days where I remember there was an earthquake once and everyone thought it was an earthquake in New York and we all managed to make a lot of money on it. We actually ended up making money which was quite amazing really because that was one of my worst days. There's lots of different fat fingers you can do. A typical trader fat finger like I'd make would be you know you're trying to bid a price so you're tryingto bid a price of 52 and you accidentally lift the offer by mistake so you buy into the offer and buy 54s or 55s, putting yourself immediately offsite. It's quite frustrating but when there's a big fat finger like this
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