
082: Futures Trader 71 – How to Become the Trader You Wish You Were
Chat With Traders
00:00
The Sos Bandits - What Did They Do?
The sos bandits started away before my time. They found a way to use what's called the sows system. And they exploited this andn built an entire business around it. I mean, there was a point where their shop had hundreds of traders in it. It took me while to figure out what was going on. i had no idea what a bit is or an offer is. By the time i had it figured out, nine 11 had come around. So you went from a 12 and a half cent spread to decimals. A lot of these traders just fell out because there wasn't any more edge. The market dried up with nine 11 when the market closed for two
Transcript
Play full episode