Posted Jul 9, 2015 by Martin Armstrong
This is the end of an era. The Chicago trading pits have closed after 167 years. What is a shame about this is that great traders need the “feel” and you just do not get that from looking at flashing screens. It is like playing chess against a great opponent vs. the computer or flying a plane in a computer simulation vs. real life. There are differences one just does not achieve.
One of our projects on the back-burner is to try to bring back that “feel” to trading. It is something that taught me from a young age. After Socrates, we will start to recreate something I always wanted to do.