Don Sliter: pit bull with discipline.(Trader Profile)

Futures (Cedar Falls, Iowa), August, 1996 by Etzkorn, Mark

Don Sliter is one of the most successful traders in the Chicago Mercantile Exchange. Sliter started his career in commodities in 1978 as a runner, saving enough money from his job to start trading in the Chicago Board of Trade soybean pit. Initially unsuccessful because of his excessive enthusiasm, Sliter decided to become more disciplined and shifted to the S and P pit where there was more liquidity. He refuses to look at trends and charts, preferring instead to react to developments in the pit.

Don Sliter, a "local" trader in the Chicago Mercantile Exchange's S&P 500 stock index pit, has fulfilled a standard dream of many of the traders who ventured to the futures pits in the gold rush days of the late 1970s and early 1980s: He's a successful trader, one of the largest...

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