La Croix Energy Capital | Petroleum Derivative Trading

“Think like a fundamentalist; trade like a chartist.”
Dennis Gartman. Rule #8 - Gartman’s Simple Rules of Trading

Friday, January 15, 2010

Trading (Lifestyle) in the News

Trading-Pit Glamour Dims as Computers Ascend in Film
Jan. 15 (Bloomberg) -- Doug Pringle saw punches thrown, blood spilled and fortunes lost during his 17-year career at the Chicago Board of Trade. He misses it, every day.

“The biting of the nose and the fights, sure, when you’re throwing around that kind of money, people tend to lose it sometimes,” said Pringle, 42, who traded corn, soybeans, 10- year Treasury notes and 30-year bonds. “I miss the excitement.”