All the Brit traders seem the same whether retail or pro whereas there's more variety with the US traders.
The second part was specifically about home traders, which happened to be conducted solely in the UK. Featuring US home traders too would have been better (particularly if they had visited Tucson and Palm Beech).
Most vendors advertise as teaching/showing you how to trade to make profits. Most don't succeed in that regard. Professors aren't worthless b/c they were responsible for losing lots of money. They teach classes in college. This is what they advertise.
No Vendors show you all sorts of things. Profits is an ambiguous word. Over a day, a week, a year,10 years? Trading does NOT work that way. Hell, I sat next to some of the biggest equity guys in the business 14 years ago. Our firm had more 7 figure traders then anyone on Wall Street. And we "tried" to teach new traders. Hell, I had guys sitting 2 feet to my right literally mimicking my trades. They still lost money. Trading is a very "personal" thing, much like sports. It's not formulaic. All you can do is a give a guy structure and hope he does something with it. School is different. Because it's not "one" thing. It's a collection of things. And school does not "teach" you anything. School also gives you a structure and it's your job to develop tools that allow yourself to create something of your live. Again,no professor or class can make you successful. You guys on ET think if you spend $300 and a weekend that you are going to become some bigshot trader. And heaven forbid if one month later you are still unprofitable, then everything must be a scam. Pure absolute laziness.
This pretty much sums it up. Episode 2 makes retail traders look really bad. But at the end of the day, who cares. Trading is either just a hobby or something they hope to make a little income from. Money is artificial anyway. If an asteroid was to hit earth, all the money in the world will not buy you anything. What the world needs then are people with real skills like scientists/engineers/mathematicians who will try to find real world solutions to a real problem.