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Joe paints a picture of his days on the floor at the Chicago Board of Trade, how it helped him grow as a Day Trader and what will change now that it is becoming a thing of the past. Day Trading has quickly gone from a low volume, virtually inaccessible, Market to mainstream thanks to companies like Robinhood. Is this a positive or negative or is more time needed to collect reliable data to decide, the different skills needed for floor trading vs. electronic trading, why it’s different and who is benefiting in the long run? Historically speaking, middle aged white men ran things on the floor but is this new found market freedom leveling the playing field for all demographics? Beyond the skills, Rick and Joe talk about liquidity and volatility, how it provides security and risk at the same time and how this is affecting the way the market works today. Is Weed the best trade of Rick’s life to date, how Joe became a large investor for Harvest and the creativity that has to go into trading something that is not yet legalized in all states. Leaving the Feds out of the transactions, buying and selling without banks, box trucks full of cash and why the legalization of marijuana has non-smoking investors, and traders alike, chomping at the bit.
Joe paints a picture of his days on the floor at the Chicago Board of Trade, how it helped him grow as a Day Trader and what will change now that it is becoming a thing of the past. Day Trading has quickly gone from a low volume, virtually inaccessible, Market to mainstream thanks to companies like Robinhood. Is this a positive or negative or is more time needed to collect reliable data to decide, the different skills needed for floor trading vs. electronic trading, why it’s different and who is benefiting in the long run? Historically speaking, middle aged white men ran things on the floor but is this new found market freedom leveling the playing field for all demographics? Beyond the skills, Rick and Joe talk about liquidity and volatility, how it provides security and risk at the same time and how this is affecting the way the market works today. Is Weed the best trade of Rick’s life to date, how Joe became a large investor for Harvest and the creativity that has to go into trading something that is not yet legalized in all states. Leaving the Feds out of the transactions, buying and selling without banks, box trucks full of cash and why the legalization of marijuana has non-smoking investors, and traders alike, chomping at the bit. read more read less

2 years ago #advice, #crypto, #finance, #money, #ohio, #trading, #wallstreet