TV Show: Million Dollar Traders

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

  1. Pekelo

    Pekelo

    Come on now, give him an answer.

    Bloomberg terminal: The commanding post on the USS Enterprise (NCC-1701) in the Star Trek series
     
    #111     Jan 20, 2009
  2. RedDuke

    RedDuke

    I liked the first episode, but the show purely for entertainment. These guys are set up to fail. Someone mentioned this earlier, using fundamental info to trade intra day????

    Lex probably set up the show to get famous and maybe taking the opposite trades that his crew is taking I order not to loose any $.

    It takes quite a while to learn how to trade and especially day trade. Where is tape? Where is market depth and so on? They have dozens of stocks on their screens flickering red and blue, this is BS.

    Looking forward to next episode, definitely beats many other reality TV shows out there.
     
    #112     Jan 20, 2009
  3. "What do you want me to do...like...put everyone up against the wall with a gun to the head and say 'fucking manage risk.'"

    That Citigroup thing was hilarious.
     
    #113     Jan 20, 2009
  4. NKNY

    NKNY

    haha... I was just gonna post try youtube..

    What morons... let youtube get the traffic...
     
    #114     Jan 20, 2009
  5. There was one glimmer of hope in the whole debacle that is this show: one of them had a copy of "Fooled by Randomness" on their desk. At least one of them is likely to "get it" and become a master trader.

    The fight promoter guy seemed to have a pretty bright head on his shoulders for having no qualifications to speak of. Wouldn't be surprised if he comes in as the no. 1 or no. 2 producer.
     
    #115     Jan 20, 2009
  6. Wrong. I'm a Star Trek nerd so you won't fool me with that one.
     
    #116     Jan 20, 2009
  7. DrEvil

    DrEvil

    Good show even if it is not realistic.

    They are unlikely to hang on to their losers or even double down on a loser (even though their instincts tell them to do it) with Anton (the superisor) shouting at them to cut their loses. I'm sure a few would have blown up buy the third week with no supervision.

    If only every newb had an Anton screaming "fucking manage risk" at them :)
     
    #117     Jan 20, 2009
  8. BallBag

    BallBag

    No way are their trades going anywhere else than on to a demo a/c (despite what they and us, the audience, have been told).
     
    #118     Jan 20, 2009
  9. Bloomberg alone would be an outlay of £24 000( 8 traders x 2 [8 weeks] x £1500/month) for the 8 weeks, don't think they would get that set up for a demo bucket shop account. Also Bloomberg does not need advertising on BBC, they use other suitable media. Remember we are British we do not fuck around, or pretend, thats why our teeth are natural and our women let nature grow to its full extent in those sweet places :D
     
    #119     Jan 20, 2009
  10. gaj

    gaj

    saskia?
     
    #120     Jan 20, 2009