Wood That I Would Trade
Wood That I Would Trade
This chapter recounts how the author lost his job in his first company, and how he became an employee in Chicago Mercantile Exchange. After a year of working, the author met a customer who suggested to him to manage his finance using a different “trading system” from the one that the firm applied. The customer proposed that the author raise $30,000 and place it in an account. The customer would then trade the account, take no fees, and split profits and losses. Their trading system raised money for some time; but it soon began to experience some problems. The trader lost the original $30,000 and an additional $20,000. He decided not to pay the $20,000 owed to the firm. The company soon learned of this discrepancy, and fired the author. After some time, a friend invited the author to work in the Chicago Mercantile Exchange, where he became an Executive Committee member.
Keywords: job, trading system, broker, profits
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