How to Beat the Bots on Wall Street

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There is a huge existential crisis on Wall Street now, especially in equities. Thousands have been laid off. Some guys are still hanging around for a couple of six-figure orders every month so they can make their mortgage payment, but the picture is exceedingly bleak. Usually a bull market means happy sales traders, but not anymore.

The credit guys are still doing well, but they will get what’s coming, someday.

What do you do if you’re a trader and you lose your job to a computer? You are not uniquely qualified to do anything in particular. Some people become insurance agents. Some people open restaurants. Some people work at restaurants.

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