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Re: TiltMyBrain post# 59059

Thursday, 04/14/2016 6:15:36 PM

Thursday, April 14, 2016 6:15:36 PM

Post# of 704687
Trading bean options in the pit with open outcry. It was nice because you could see who everyone was. People couldn't show up to the pit with 20 aliases. You knew people, firms, and transactions were face to face.

Then the computers came in and cut the spreads so people had to take on more and more risk for less return.

Open outcry is dead, I am glad that I was able to experience that, I am also glad that I was able to get out of it and get an honest job.

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