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Bangin' the Close
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PeteMN
Posted 1/5/2016 23:36 (#5014663 - in reply to #5014484)
Subject: RE: Bangin' the Close


E.Central MN
I don't think they consider it a trader "ethics" problem. Apparently its ok to screw the small investors or to screw a big player that's out of position once in a while. But it sounds like he just wasn't playing well with others. Its irrational to think that the big players will let anyone do it to them over and over and over. Its another case of the big traders/big trading firms having very short memories. Didn't seem to really matter that he broke some rules until it cost them serious money. (send out a memo) Looks like it paid off for him...he could even retire to the country and farm for a while.
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