Wall Street trading floor hand signals explained

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Transcript

00:00You're seeing all these hand signals fly. It doesn't seem like there's a rhyme and reason,

00:08but here's how it works. Anytime you're bringing your hands in, you're trying to buy it, okay?

00:12So whenever you see a pile going and guys going like this, they're trying to buy it.

00:17When they have their hand turned out, they're trying to sell.

00:24Anything to your chin is single digit, okay? So it's starting with your hand here. This is one,

00:29two, three, four, five. When you turn your hand over, there's six, seven, eight, nine,

00:36and 10 goes to the head, okay? 10, 20, 30.

00:44Hundreds to the hand like this and a thousand. Anytime you grab the elbows, it's thousands.

00:49So a random number, 287, all right? So it would be 287.

00:54One, 64, as soon as it's one.

00:57More and 65 points.