Who are the people on the trading floor of the NYSE? What are they doing?

When the news does any story about the stock market, they almost always cut to a stock video clip of people on the NYSE trading floor gathered around those kiosks.

These people are looking around a lot of flashing hand signals and making frantic phone calls. Who are these people and what are they doing? What is their job title? What role to they play for their income?

In addition, what are each of those circle shaped kiosks? Is there one for each sector, or are they some kind of grouping? What do those things do?

How does open outcry method work in trading?

many commodities exchange still use open outcry method for trade. I want to know how do brokers in the pit take order etc, communicate through hand signals etc. how are the orders being processed and verified. basically how does it work???
i am aware of what it is. what i want to know..how are the ordes placed as in the details of the process.

should the Cleveland Browns trade for Mike Vick?

Vick, has made it clear he wants to start. The Browns on the other hand, have terrible signal callers. I say enough with this Michael Vick easing his way back to stardom. HE PAID HIS TIME FOR THE CRIME, VICK SHOULD START. What do U think?

What is his problem? Mixed signals.?

High school.
He’s a bit of a charmer. cocky. When i first met him he would come in & sit with me to talk in the mornings, i’m always there early. We traded numbers, eventually started being more friends. one day he asked me to rub his back, i did it. Now its constant. I do it everyday practically. He’s shared his food with me, made me walk with him to his locker everyday. Eventually he breaks up with his girlfriend. I tell him i like him & he completely tells me he likes me as a friend & nothing more. winter break comes up & 3 days in he comments on my FB “note to the world, this chick kicks ass, just saying.” & it made my night. He’s been talking to these two girls & one of them is psycho & the other is a bit young. A few days before break ends, he wants to hang out with me. I’m up for it. i go to his house, meet his parents, watch a movie with him, rub his back & he took his shirt “half way” off so i could rub his back. The psycho calls, gets him upset. he gets ready to take me home & his mom makes me meet his grandmother and her friend. i walk out the door, we get in the car & we talk about whats going on with him & the psycho girl, he told me a deep secret about him i never would have guessed. i felt a connection there but he said “just friends” and we never hung out again after that.. so now at school i see him in the mornings, and at lunch. i dye my hair, he says it looks nice, notices i’m wearing lip gloss, notices what i wrote on my hand, he ran his fingers through my hair once. he calls me when something wrong. tells me my bf’s a jerk & i deserve better. he messes with me all the time. everyone says it seems like he likes me. but does he? he doesn’t walk with me after lunch although my class is a few feet away from his, he likes these two other girls… but yet he does things to keep me guessing…what should i do?

What do you think hardworking MS-13 gang members caught roaming San Diego streets?

The U.S. Border Patrol apprehended a member of a brutal Salvadoran gang, MS-13, who was nabbed as he walked along a busy San Diego street, the agency reported today.

Border Patrol agents questioned the man, who admitted to entering the country illegally. The probable gang member was booked and taken to an immigration detention center for processing.

Agents discovered the man had a criminal record tying him to the Salvadoran MS-13 gang of Mara Salvatrucha. The arrested man had many tattoos that MS-13 members often permanently inked on their bodies. One tattoo happened to be a three-point symbol used by hardcore MS-13 members, according to Border Patrol.

The MS-13 gang formed in 1980 in El Salvador and currently has approximately 70,000 members worldwide who work with many of the Mexican drug cartels, according to the FBI.

The reach of MS-13 now encompasses the United States, Canada, Mexico as well as other Central American countries. They distinguish themselves with specific tattoos, hand signals and brutal violent retributions.

According to the FBI, MS-13 operates in 42 U.S. states with 10,000 members inside America many who commit a wide variety of criminal offenses within the drug trade like murder, rape, prostitution, robbery, kidnapping, carjacking and home invasions.

The media release did not name the man arrested who is being held in jail awaiting his court case and phone calls today went unreturned regarding the man’s identity.

http://www.examiner.com/county-political-buzz-in-san-diego/ms-13-gang-members-caught-roaming-san-diego-streets

Do most people lose money trading stocks or gain it?

How can people lose money while trading stocks, i dont really understand it. If im going to invest in a company i will invest in a company that i know it will give me profits and i willl do a lot of research before investing in this company. Even if the company is not gaining much profit for the mean time, i will just hold it until it is back on track (i wouldnt mind holding onto it til 3 or 4 years), so i dont understand why people lose money by trading stocks.

One more question, if there is a slight change on my shares price of 5% in few minutes after i buy it. Should i resell it? and does the percentage of the shares change everyday? Ten points for the best answer. I hope i dont get any comments from people that tend to make fun of those who want to learn, i know this place is full of intelligent people but it has too many dummies. Thanks.

How do you become a proffesional Stock trader?

i want to make money from trading in the stock market. i 17 and slowly learning how it all works by reading the book “investing for dummies“.

but surely proffesional traders who are millionaires e.g warren buffet) didnt all of a sudden trade and become rich. What courses did they do at college, university etc?

thanks (england)

Doe’s this seem like a good investing/trading strategy? If not, what is?

I am 19, still young, very ambitious with my money goals, and a very aggressive style investor/trader, i.e. willing to take enormous risks, but with good odds in my favour. Anyway does the following seem like a good investing/trading strategy:

1. I’ve learned the mechanics of buy-and-hold already, so that’s fine… I understand fundamental and the basics of technical analysis.

2. I’ve been reading Swing Trading For Dummies, and have been practicing swing trading strategies, live, in the underlying stock market, and will continue this way for at least 3 to 4, maybe 5 years until age 24.

3. Once I have made sure I know how to swing trade properly in the underlying share market with the 3, 4 or 5 years experience I mention by age 24, I will then move onto more advanced trading techniques such as using CFD’s to leverage my capital, and with swing trading – again as I did the underlying shares, swing trade with CFD’s on individual stocks for higher returns.

Does this sound like a good investing/trading strategy to you for a UK based investor in your opinion?

Sorry my question is so long but I need someone’s opinion ;D

Have ’99 gmc suburban 4wd. Gas gage doesn’t work. Can I fix this? Not much money and a dummy about this. Help

I’m gonna trade or sell. I have replaced radiator, fuel pump,water pump, transmission, tires, and ecm in less than ayear. Has 165000 miles. AC just went out. So, I need ac and gas gage fixed. What is the best thing to do? Other than this it’s like new because I have replaced all of the parts. My dad is offering to help me pay for a new one so I am going to take him up on it. I have 4 young children and I guess he’s worried about us in the suv. Please help. also the flasher button all of a sudden won’t work. Anything on this for little dumb girl with no money.
I replaced the fuel pump. What is a gas sender? Could it be a fuse? And not only do I have 2 sets of twins 9 year olds and 8 year olds, I drive horribly and that GMC has been great. I just don’t want that heavy of a vehicle anymore and it’s difficult to park most of the time. I would keep it but like I said my father is offering to get me a new vehicle so I want this one to be good for the person who ends up with it.

Value investing or Trading?

I’m 14 years old and i’m an advocate for corporate Finance. I have read many books such as Value Investing for DUMMIES, The intelligent Investor, Reading Financial reports for DUMMIES, and even some tutorials on Investopedia.com. Finally, my question is are Value investing ways outdated and our we in a makret of pure trading. It seems that everyone is turning to trading and quick capital gains, but I have a love for the ways of Value Investing and I beileive I could be a very successfu Value Investor. Should I take on Trading techniques because it’s the popular technique or is there still money to be made in Value Investing?

currency trading for beginner…?

how do i get started with currency trading? are there any online courses anyone could recommend? has anyone a success story to share? what are the main points i need to know? do i have to invest more than 1000 pounds to get started? any help appreciated… thanks.

Currency Trading?

I currently trade on the stock market but I am interested in currency trading. I would like to know if it is similar to trading stock in which you trade using an online broker and if so what brokers are the best to use with the lowest commission fees?

what do you think of the trading between in-game currency and real world currency?

Multiplayer online games have given rise to a virtual economy, in which all kinds of virtual assets from in-game currency, magic shield to whole characters are traded against real world currency. there are sites like famre100.com and gggold.com sell all kinds of in-game money for real world money,what do you think of this phenomenon.

How do I invest my money on Paypal without withdrawing it?

I make a lot of cash daily on paypal and would like to be able to invest it without having to withdraw it and then do a wire transfer. Is there any online stock, currency, trading sites that allow me to use electronic paypal transfers, or my paypal debit card.

Currency trading as a foreigner?

I’d like to do FOREX trading in the US or the UK from geographic locations outside of these regions using online accounts such as Paypal or Moneybookers. Is that possible?