TV Show: Million Dollar Traders

Discussion in 'Professional Trading' started by Businessman, Jan 13, 2009.

  1. Banff01

    Banff01

    25k to trade (5k to risk per trade) and they are phoning in orders? When was this show made - the golden 80's? ;-)
    Sounds like it's meant to be just entertainment.
     
    #101     Jan 19, 2009
  2. cubical

    cubical

    Like many have said. These people were set up to fail. It is an entertaining show though. I hope they do something like this in the US.
     
    #102     Jan 19, 2009
  3. Pekelo

    Pekelo

    Why would they let one "trader" go for weeks without a trade? She is obviously too affraid to trade. Cut her or make her trade.

    No technicals whatsoever. Not a doublebottom, not even an MACD crossover, no candlesticks. Maybe the show's point is to prove that fundamentals don't work in a closely related world, when everything is tied to everything else.

    Just by statistics 5-6 out of the 8 should fail.

    One cool thing would have been if the supervisor had played the market with the same amount, and at the end of each week he would have shown how much he made and why he made those trades...Otherwise his time is mostly wasted in the show....
     
    #103     Jan 19, 2009
  4. Guess I missed the live feed. Post link if anyone finds it for episode 2.
     
    #104     Jan 19, 2009
  5. jtnet

    jtnet

    they talked about support levels
     
    #105     Jan 19, 2009
  6. GREATEST WASTE OF BLOOMBERG TERMINALS EVER !!! :mad:
     
    #106     Jan 19, 2009
  7. jtnet

    jtnet


    ahahah
     
    #107     Jan 19, 2009
  8. Can someone fill a noob in on what a Bloomberg terminal is?
     
    #108     Jan 20, 2009
  9. Proprietary trading station. You see those colored keyboards they're using? That's part of the bloomberg terminal
     
    #109     Jan 20, 2009
  10. LAZY :p

    GOOG or YHOO
     
    #110     Jan 20, 2009