You have picked a lot of traders in your career. What do you look for when you hire a trader?
I want market makers, people who know that anything can happen. The type of guy I don’t want is an analyst who has never traded—the type of person who does a calculation on a computer, figures out where a market should be, puts on a big trade, gets caught up in it, and doesn’t stop out. And the market is always wrong; he’s not.
