<iframe width="560" height="315" src="//www.youtube.com/embed/07XwNQrFd50" frameborder="0" allowfullscreen></iframe> Courtesy of Hoop121 for passing this along to me. This aired last week in the UK produced by the BBC. Part 2 will air next week. Great diversity of retail prop, floor trader, hedge fund, HFT and "educational prop". Enjoy!
Episode 2 Not currently available on BBC iPlayer Episode 2 of 2 Duration: 1 hour Introducing the new breed of trader - the British men and women who play the financial markets from their kitchens, sofas and bedrooms. Thanks to online trading technology, anyone with an internet connection and some cash to spare can attempt to reap the rich rewards that can come from trading. This documentary charts the real-time trading ups and downs, dreams and disappointments of a handful of Britain's 'retail traders'. Mother-of-three Jane could hardly be less like the archetypal professional City trader. She squeezes currency trading in between the school run and her work as a nurse. Justyn and Akil are ambitious young men from Birmingham, who are convinced that trading will be their ticket to lavish lifestyles. Rene gave up a successful career as an antiques dealer for a new existence as a trader, and he is undeterred despite seven years of struggling to break even. The home traders are united by a desire to take control of their lives and their own financial destinies. But the odds are stacked against them - 90% of retail traders will not make a consistent profit.
Enjoyed the first episode. Interesting that Ben was Darius Guppy's accomplice in a faked jewel robbery.
Ugh...no, episode one was NOT retail gamblers. We had two floor traders who probably make more on a bad day then you've made in your entire life. We had one of the largest HFT firms in Europe and a 200 million dollar hedge fund. So no, you "haven't" seen it. Move along now...
Thanks for that. It looks entertaining. I'll download it and watch it with my morning coffee tomorrow. I love the pic they showed of the old commodities trading floor..... Just writing "Close" in chalk on a board. Backtesting must have been a bitch back then.
Have just watched the second episode: Jane breeds and sells kittens at £200 each to raise her trading stake. Justyn and Akil gonna be trillionaires! Worth a watch.
Everyone with any street sense or half a brain have a few feelings about you: A). You are a scumbag B). You are a shill, who tries to hype up retail trading for online brokerages C). you are a troglodyte with 5 quazillion posts who is so full B.S. you are about to float away D). All of the above Nothing but a clown and hack with an unwarranted ego who tries to market a dream in rigged monopolized game to retail speculators/gamblers that lose 99% of the time now, compared to 80% of the time when there was open competitive trading pits with thousands of market makers competing against each other, instead of one centralized CPU. FYI, "two floor traders", STFU there are no pits left, check the CME exchange trades yourself almost 100% is an online exchange. "make more on a bad day" you are such a douche even when there was competitive pits, floor traders looked bankruptcy in the eyes everyday. Outliers could make 7 figures a year, but could blow up, anytime, anywhere in a week. Most made a middle class income. Let me guess you are going to sue me now, oh wait your B.S. scare tactics do not work on real people. Run along now bozo, go sell your snake oil somewhere else to take advantage of the naïve and gullible.