An inside look at Wall Street's most famous trader

Peter Tuchman is no stranger to the camera. He stepped on the floor of the NYSE in 1985. Now he's the face of the market's best and worst days. Tuchman's experience on the floor goes back decades and includes significant events in the market's history such as Black Monday (1987), the financial crisis of 2008, and even the coronavirus pandemic. As technology and the business of trading evolved over the years, Tuchman says he's had to adapt and reinvent himself.

Produced by Janelle Gonzalez and Richa Naik
Additional animation by John General

#CNN
#StockMarket
#NYSE

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Thumbnail image: Peter Tuchman on the NYSE floor by Allison Joyce/Getty Images North America/Getty Images

[cayetanosanchez]

He’s actually 30 years old. That’s what stress can do to you.

[noisy_]

CNN : Trader
Him : Broker
People around him : Albert Einstein
Comment section : Colonel Sanders

[whattoexpect]

He looks like a typical scientist in a cartoon lol

[SteveMarriott]

Great trader and he invented KFC. What a legend!!

[Lifted]

every trading guru now a days: "trading should be emotionless"

worlds oldest trader: " im an emotional guy"

[sheaiek]

"I'm an emotional guy"

Great, trading is definitely the perfect job for you.

[themichaelw]

He is the world's easiest person to interview. Just roll the camera and he will proceed to ask himself and then answer everything in 1 take. Amazing.

[jhsuccess]

This guy should start his own YouTube channel and attach a gopro camera everytime he's on the NYSE floor. That'll be epic.

[oneiljerry]

I recently purchased some ETFs. Saving for a market fall is also a bad idea. There are different perspectives on recessions and depressions; we cannot always expect significant rewards; and taking risks is preferable to doing nothing. The bottom line is that by diversifying your portfolio and making sensible judgments, you will accomplish exceptional outcomes. In 2022, my portfolio returned $608, 500.

[victorespino]

Lol 3 mins later and you still wouldn't know what he does there.

[Sampson-jhyq]

is it really worth investing in stocks in 2024, I’ve been on the sidelines watching the market for awhile and it seems to be pretty to me not that it matters because I’m in it for the long run, but how can i generate actual profit to improve my $160k portfolio which seems to be stagnant and maximize return on my investment.

[helenoliver]

After a nightmarish 2022, shell-shocked investors have losses to recoup and plenty to ponder, as an inflation report and a raft of other data did little to change expectations that the Federal Reserve would likely continue hiking interest rates even if the economy slows down, Which means more red ink for a good chunk of the year 2023. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $250k bond/stock portfolio.

[joesphcu]

Becoming a good trade takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 4 years later and i am glad i made that decision.

[Robertgriffinne]

I read about a man in his 50s that started investing in stocks then retired in 2years with over $6million, that right there is my utmost goal and I'd really appreciate clues and tips on how to reach this goal within 5years

[lailaalfaddil]

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

[jseen]

Aside from all of the funny comments, this man is amazing. I know nothing about him, but the fact that he has been in the same industry for as long as he has and adapted to the changes and adopted the technology is something to be recognized for.

I know in the next 30 years there will be new technology that changes my job. I hope I'll have the ability to adapt like this man.

[davidOmoL]

Best advice I ever got was, "Invest For The Long Haul, Don't Get Too Greedy And Don't Get Too Scared. The biggest risk of all is not taking one

[GhostTraderz]

They guy who use to clean up the papers on the floor lost his job once technology took over the NYSE

[jessicamoore]

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

[peggyturner]

My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250 bucks to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit