From 31 years on the Trading Floor to Academia with John Nyhoff

<p>Trading is an adrenaline rush. But when that rush starts to feel like a drag, it might be time to look for your next steps. Our guest this week on Limit Up! spent 31 years on the floor before making the transition to academia and private consulting. <a href="https://www.linkedin.com/in/johnnyhoff/">John Nyhoff</a>, whom Jeff used to trade with on the floor, stopped by to chat about what it’s like to make the leap.<br /><br />John discusses the adjustment period he underwent just to get used to the amount of free time he’d acquired thanks to school breaks. John also talks to Jeff about his predictions for where the financial market is headed in 2020. </p><ul><li>[00:36] - This week: John Nyhoff</li><li>[01:17] -<a href="http://topsteptrader.com/listenersurvey"> Limit Up! 2019 Listener Survey </a></li><li>[01:59] - Jeff Carter interview with John Nyhoff<ul><li>[02:10] -<a href="https://www.gofundme.com/f/name-a-hotel-room-so-we-never-forget"> Name A Hotel Room So We Never Forget </a></li><li>[03:11] - Day to day at the desk</li><li>[04:03] - Cultivating customers</li><li>[04:57] - Time horizon for institutional traders</li><li>[06:10] - Married to the trade</li><li>[07:25] - Bonus opportunities</li><li>[08:33] - Falling out of the pit</li><li>[10:00] - Incorrect trade execution</li><li>[12:36] - Merc politics</li><li>[14:18] - Transitioning to a university professor</li><li>[16:18] - The CME Trading Challenge</li><li>[20:05] - The value of academic principles</li><li>[23:53] - The end of LIBOR</li><li>[26:20] - Making up a good contract</li><li>[28:09] - Incentive to trade a contract</li><li>[30:07] - Consolidation across the industry</li><li>[31:56] - The future of the futures industry</li><li>[33:59] - Managing risk efficiently</li><li>[37:18] - Passive investing<br /><br /> </li></ul><br/></li></ul><br/><p><a href="https://www.linkedin.com/in/johnnyhoff/">John Nyhoff</a> is an Assistant Professor of Finance at <a href="https://lewisu.edu/">Lewis University</a> as well as a consultant. Prior to his life in aca