Professional traders, unabashed risk-takers, are often looking for the next hot opportunity not only to trade, but to own.
Many traders are entrepreneurs in other businesses outside of Wall Street and financial services. They're leading secret lives off the trading floor, creating new ventures in varied fields from mobile apps to real estate. They're making personal bets and garnering outside investments for businesses they believe in, allowing them to make money on and off of trading desks.
A Golden Opportunity
Trader Anthony Neglia has benefited from many gold trades. A veteran broker in the goldoptions pit at the New York Mercantile Exchange, he's watched the precious metal nearly quadruple in price since he started his trading company 23 years ago.
Monday through Friday, you can hear his bellowing voice on the floor of the NYMEX. His "big mouth" — according to Neglia's father — has certainly paid off.