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Terror in the Trenches

Traders Magazine, October 2002

Tom Taulli

Lou Scotti will never forget his first three months on the floor of the New York Stock Exchange. It was like being thrown into the lion's den. "The first three months was a blur," he said. "I had to stand up all day and learn to eat my lunch standing up. You get yelled at a lot. But I eventually got a comfort level. And I loved it." Since 1999, Scotti has been the senior buyside trader at Watchpoint Partners, a hedge fund based in New York City. The firm specializes in small and micro-cap issues and, as a result, mostly trades on the Nasdaq.

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