One of the great benefits of modern technology is the ability to connect to the internet from almost anywhere. I could also argue it’s one of the great downfalls of civilization, but for our purpose I’ll speak of the benefits. When I first started out trading in 1997, there was no such thing as trading from home. You couldn’t trade from a computer—you could call a broker, but that was about the extent of it. Over the next ten years a great many changes came along. For some pit traders in Chicago and New York, technology was the end of their careers. They grew up trading in the pits, and their style simply wasn’t compatible with trading from a screen. For other traders, like myself, trading from a screen—while not nearly as fun as trading in the pits—would provide a new kind of freedom, the ability to earn a living from just about any corner of the world.
A couple years ago we spent a few days camped out in the Valley of the Gods, Utah, where I was certain I would not have a wifi connection. But there it was, two signal bars—I was able to both earn a living, and have a life at the same time.