The first time Gregory T. Weldon saw the Comex trading floor in 1983, he found himself in awe of the excitement and the physicality of the pit and of how much it reminded him of playing basketball for Colgate. He went on to trade for uber trader Louis Moore Bacon at Moore Capital Management, and there learned to watch for and trade macro-economic trends. He later traded for the Commodity Corp, where people discussed the art and philosophy of trading and dissected good and bad trades. Because of the increase in available information and the speed with which it is disseminated through the market, Weldon says that everything, even the minutia, matters, and that it is critical to plan for several potential outcomes to any scenario.
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