At my first job in finance I worked at a trading firm that recruited people off the street to electronically click trade futures. They would ride the intraday m

At my first job in finance I worked at a trading firm that recruited people off the street to electronically click trade futures. They would ride the intraday market moves and constantly open/close positions. At the end of the day they would be flat. It was a lot like gambling, but with CNBC on the TV instead of sports. It’s kind of funny to see the similarities in this book. Like the bucket shops, there was a simulation environment with live market data where trainees had to prove themselves before they can move onto live trading. It turned out that a lot of folks were pretty good at the fake/simulation training but failed miserably with live trading due to their orders actually influencing the market. The firm only lasted a few years.