The S&P futures pit is the final area for merchants. It’s a place the place trading titans make cut up-second selections on big quantities of money, and fortunes seem and vanish with the blink of an eye fixed. Profitable day merchants are sensible, aggressive-and fortunate. Lewis J. Borsellino is all three. And now he’s telling his story. The nation's prime S&P futures dealer, Borsellino takes you inside the world of the day dealer.
Chronicling Borsellino's unimaginable run on the flooring of the Chicago Mercantile Trade, The Day Dealer provides a uncommon behind-the-scenes take a look at his on a regular basis methods and techniques. Raised to be a fierce and fearless competitor, Borsellino felt at house the first day he walked into the chaos and pleasure of the Merc. In The Day Dealer, he provides each a compelling story in addition to an inside take a look at day trading and the S&P market. Borsellino outlines precisely what contributed to his unparalleled success-a uncommon mix of self-discipline, drive, intelligence, and an uncanny potential to learn and interpret the market. The Day Dealer can also be a candid memoir of a second era Italian American who discovered robust life classes from his father.
The senior statesman of the S&P pit, Borsellino presents vivid firsthand accounts of the distinctive dynamics of the trading flooring, the fortunes gained and misplaced in the crash of 1987, the FBI investigation that rocked the futures trading business, and the tense political battles between Merc titans Leo Melamed and Jack Sandner. He additionally shares conflict tales from the flooring, many involving prime merchants similar to Richard Dennis and George Soros.
Lastly, Borsellino chronicles the newest part of his career, as he strikes past the beloved trading pit to the challenges and alternatives of the digital trading area. Greater than the success story of 1 the nation's most revered merchants, The Day Dealer presents sensible insights into the futures markets, pit trading, market psychology, elementary and technical evaluation, and danger. It’s a uncommon alternative to see inside the thoughts of one in every of as we speak's most sensible merchants.
LEWIS J. BORSELLINO is the prime S&P futures dealer in the United States with a career that has spanned an unprecedented 18 years. His long-time period success places him into the trading pantheon that options such luminaries as Paul Tudor Jones, Victor Niederhoffer, and bond dealer Tom Baldwin. Borsellino is a frequent contributing commentator on CNN and CNBC the place he’s considered the "largest and greatest dealer" in S&Ps. PATRICIA CRISAFULLI COMMINS is a contract business author and former correspondent for Reuters America Inc. She has additionally written for The Christian Science Monitor and the Wall Road Journal.
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