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Re: The Secret Of Pit Floor Traders
Author: IzzI <izzip@xxxxxxxxx>
Date: 1999/01/18
Forum: misc.invest.futures
On Thu, 14 Jan 1999 11:01:47 -0600, JG <joseph@xxxxxx> wrote:
>HERE'S THE SECRET:
>
>They can bid the bid and offer the offer and you can't. Approximate
>value-$75-$125 per contract per trade in the S&P. All other info is BS.
>
Right On!!! All other info is BS. You forgot to mention that we have
very low overhead. Assuming we own the seat or even lease one, we
only pay about $.10 a contract.
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