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• Floor Talk by William Eng

  ARTICLE SYNOPSIS ...Floor Talk by William Eng I started my trading career at the MidAmerica Commodity Exchange more years ago than I care to remember, or at this time, more years than I can remember. I learned a lot of lessons while trading there. One lesson I learned, and one which I am extremely fond of repeating to new traders, is the one concerning secrecy. No one can be told about your trading position, not even your wife. And if you are a wife, no one can know, not even the kids! There was a legendary trader at the MidAmerica Commodity Exchange by the name of Harold Goodman. Most people don't know who thi...

AUTHOR: William F. EngDATE: APR 1987

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• A mechanical trading system by William F. Eng

  ARTICLE SYNOPSIS ...A mechanical trading system by William F. Eng As a professional floor trader at the Chicago Board of Figure 1 Trade, I have studied many trading techniques. Some work and some don't. Most trading techniques work with the one missing element that we all need--discipline. I preface this article with this caveat because I am of the firm belief that the best system, without minimal discipline, will fail. I have derived a very good approach to trading the markets and have seen this fail when others have used it because they lacked the discipline to follow it. Independent of your approach, you must ...

AUTHOR: William F. EngDATE: JUL 1986