Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

TradeRunner

Reality TV Does Trading

Recommended Posts

Found a rip of the first one.

 

Google 'thebox' (all 1 word). First search result will take you to a torrent site. From there search for Million Dollar Traders (after registering) and off you go. Very quick download, have not watched yet though.

Share this post


Link to post
Share on other sites
Interesting. If anyone knows a way for us yanks to watch it, let us know!

 

;)

 

http://www.bbc.co.uk/bbctwo/watchlive/ - tried going there but says not available in your area.

 

You can always use an IP proxy so it will look as though you are behind a UK ISP.

 

Anyway, I thought the guys in the show were looking to much at the newspapers and too little at their screens :)

Share this post


Link to post
Share on other sites

I wonder what kind of training these people actually got. It seems they have below typical retail trading knowledge, and are hooked trading after the fact news. I see a few trendlines on their screen, but they seem pretty clueless.

 

Also, I wonder what they're doing all day. Going nearly a week with no positions, and planning to hold positions for "weeks" (on a very limited total time limit)... hm. If this guy was trying to make some Turtles, he's not doing it in the right way. Then again, this was just the first episode, so they could blow everyone out of the water by the end.

Share this post


Link to post
Share on other sites
I wonder what kind of training these people actually got. It seems they have below typical retail trading knowledge, and are hooked trading after the fact news. I see a few trendlines on their screen, but they seem pretty clueless.

 

Also, I wonder what they're doing all day. Going nearly a week with no positions, and planning to hold positions for "weeks" (on a very limited total time limit)... hm. If this guy was trying to make some Turtles, he's not doing it in the right way. Then again, this was just the first episode, so they could blow everyone out of the water by the end.

 

Yeah, I was kind of scratching my head on that too. They received some "complex technical analysis", but I don't really see any of that in their trading decisions...

 

Also beats me why anyone needs to be in the office two hours before the markets open. Unless they need to go through all the newspapers, which seems to be the case ...

Share this post


Link to post
Share on other sites

OK. I've watched 30 mins so far. What training? Gee ...

 

I just pray that there are some people like that trading my markets. Hell. There must be. That explains why I'm profitable.

Share this post


Link to post
Share on other sites

Yeah, if people approach trading like this, even if they learn to manage risk and make better decisions, that's where we get our edge. And getting hedge fund trading ideas from the news paper for swing positions? Also, getting pissed at traders for not hedging their financial positions... wouldn't that kill most of their profits (if they were right and had an actual edge)? I can see why everyone shouldn't have been short, but shorting US banks long UK banks probably won't do what you want... just use a smaller position size if the downside is too big.

 

Maybe the second week, they'll go "Okay, so now you know how hard it is to try this without a plan. Here's mine, you better follow it, or you'll be like you were."

 

Edit: Someone posted on YouTube: [ame=http://www.youtube.com/watch?v=gVcMCrwc9UE]YouTube - Million Dollar Traders- Teach Me To Trade BBC2 1 of 6[/ame]

[ame=http://www.youtube.com/watch?v=AvZAM0pHf6M&feature=channel_page]YouTube - Million Dollar Traders - Make Me A Trader BBC2 2 of 6[/ame]

[ame=http://www.youtube.com/watch?v=0dKBeP_Q14E&feature=channel_page]YouTube - Million Dollar Traders - Make Me A Trader BBC2 3 of 6[/ame]

[ame=http://www.youtube.com/watch?v=uldTdECfQFs&feature=channel_page]YouTube - Million Dollar Traders - Make Me A Trader BBC2 4 of 6[/ame]

[ame=http://www.youtube.com/watch?v=iW94G6J2XJ8&feature=channel_page]YouTube - Million Dollar Traders - Make Me A Trader BBC2 5 of 6[/ame]

[ame=http://www.youtube.com/watch?v=ubv8G1KZ0Po&feature=channel_page]YouTube - Million Dollar Traders - Make Me A Trader BBC2 6 of 6[/ame]

Edited by atto

Share this post


Link to post
Share on other sites

I would have liked to have seen a bit more about the training they got, I believe it was 2 weeks? Not much time but then again enough to cover the important things. There does seem to be a leaning towards news and swing type time frames. The army guys pairs trade was interesting presumably they got some training on pairs?

 

Towards the end I found the bit where they all got a bollocking for all being on the wrong side of the market without having the risk better hedged interesting (though not enough info to really work out what was meant by that).

 

Could have got a bit more in depth treatment without loosing Joe public.

Share this post


Link to post
Share on other sites

This is amazing. I've wanted to watch something like this for so long. If for no other reason to show my family that what I do isn't easy and give them a greater understanding of what we do and what we are up against.

Share this post


Link to post
Share on other sites
This is amazing. I've wanted to watch something like this for so long. If for no other reason to show my family that what I do isn't easy and give them a greater understanding of what we do and what we are up against.

 

I'm afraid people will actually get the wrong impression by watching that. But only one out of three episodes has been aired yet, so I'll keep my final verdict in deliberation :)

Share this post


Link to post
Share on other sites

oh don't get me wrong... as far as "what we do" I don't mean that in a literal sense of trying to be stupid and "guess" what stock will rise and fall of a freaking news event... but I just mean the emotional/psychological aspect of the job.

 

No one ever quite understands why this profession can be so difficult and trying.

Share this post


Link to post
Share on other sites

Btw...you can use this link: http://keepvid.com/ to download the youtube videos. I recommend the VLC player to watch the files: http://www.vlc.de/vlc_download.php

For me its really interesting to take a look at these ppl and their group dynamics...amazing how fear and the psychological battle gets impregnated in their faces! All I could do upto now is take a look in the mirror!

Share this post


Link to post
Share on other sites

Anyone seen the second episode?

 

I had hoped for some more insight, but all I'm seeing is a bunch of people reacting to news and looking for explanations why the market is going this or that way.

 

It's surprising some of the group are actually making a profit imo.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • GFL Environmental stock, watch for a top of range breakout at https://stockconsultant.com/?GFL
    • PLBY Group stock watch, nice trend with a pullback to 1.83 gap support area, bullish indicators at https://stockconsultant.com/?PLBY
    • Date: 24th February 2025.   German Markets Surge as Friedrich Merz Set To Be Chancellor, Euro Gains on Fiscal Shift   Germany’s stock index futures and the euro rallied after opposition leader Friedrich Merz secured victory. Investors expect a shift toward increased government spending. US-China trade tensions rise as Trump tightens restrictions on Chinese investments. AI optimism fuels Chinese tech stocks despite regulatory concerns. Nvidia’s earnings report on Wednesday is expected to impact market volatility. German Markets React to Election Results Germany’s stock market and currency experienced a sharp rally in Asian trading after conservative leader Friedrich Merz won the country’s federal election. This victory aligns with pre-election polls and signals a potential departure from Germany’s traditionally strict fiscal policies. Futures tied to the DAX Index surged as much as 1.5% on Monday, recovering from early losses in a session marked by thin trading volume. Meanwhile, the euro strengthened against most major currencies, climbing 0.7% against the U.S. dollar. Market analysts believe Merz’s leadership could mark the end of Germany’s tight fiscal stance, with expectations that his administration will prioritize economic stimulus. This shift comes at a critical time, as Europe’s largest economy grapples with sluggish growth, geopolitical uncertainties, and the threat of a global trade war under U.S. President Donald Trump. The euro’s strength also reflects optimism that Merz will form a government quickly, which wasn’t a widely held expectation before the election.     US-China Trade Tensions Intensify While European markets gained, US-China trade tensions escalated as Trump ordered stricter regulations on Chinese investments in key sectors, including technology, energy, and infrastructure. The move is part of a broader strategy to limit China’s influence in strategic industries. Although not legally binding, the directive strengthens oversight by the Committee on Foreign Investment in the United States (CFIUS), a panel responsible for reviewing foreign acquisitions. JPMorgan strategists warned that this decision could reverse gains in Chinese tech stocks, which had rallied earlier in the year. Despite geopolitical headwinds, Chinese technology stocks have posted strong gains this year, largely driven by optimism in artificial intelligence (AI) and key policy shifts. The market remains under-owned by global investors, suggesting potential for further capital inflows. The growing AI industry has helped offset risks from US tariffs, with investor sentiment remaining bullish on leading Chinese firms like Alibaba and Tencent. Chinese officials reacted strongly, with Vice Premier He Lifeng raising concerns about Trump’s recent 10% tariff hike on Chinese goods in a call with US Treasury Secretary Scott Bessent. Additionally, sources revealed that Trump’s administration urged Mexico to impose tariffs on Chinese imports as part of broader trade negotiations.   Despite these challenges, investor focus remains on Nvidia’s earnings report on Wednesday, a key event that could drive market volatility.   Gold Nears Record Highs on Inflation and Central Bank Demand Gold prices held near $2,940 an ounce, just shy of last week’s record, as ETF inflows surged and the US dollar weakened. The precious metal is on its longest winning streak since 2020, fueled by rising inflation expectations and mounting geopolitical uncertainties under Trump’s administration. Lower US Treasury yields have also boosted bullion’s appeal, with traders now expecting the Federal Reserve’s first rate cut in July rather than September. Markets will closely watch Friday’s inflation data, a key indicator for Fed policy direction. Final Thoughts Markets are reacting to a mix of political and economic shifts, with Germany’s election outcome boosting European equities while US-China trade tensions create uncertainty for Asian markets. Investors will be closely monitoring fiscal policy changes in Germany, Nvidia’s earnings, and further trade developments for insights into market direction. For more financial market insights and updates, stay tuned. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE! Click HERE to READ more Market news.   Andria Pichidi HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • INO Inovio Pharmaceuticals stock, holding strong, watch for a bottom breakout above 2.36 at https://stockconsultant.com/?INO
    • Date: 21st February 2025.   European PMI Disappoint, Weighing on Euro Before German Elections   The Euro is the first currency to witness the volatility on this month’s PMI reports. The French, German and British PMI data have resulted in the Euro being the worst-performing currency of the European Session so far. However, will the Euro continue to decline throughout the day? European Purchasing Managers’ Indexes The French Purchasing Managers Index was the first European index to be made public. The release resulted in the Euro instantly declining 0.24%. The main concern from the French data was the Services PMI which fell from 48.2 to 44.5. Previously the market was expecting the data to remain more or less unchanged. The weak data triggered the decline which came to a halt after Germany’s PMI was released.     The German Manufacturing PMI read 0.5 points higher than previous expectations and the Services PMI was 0.2 points lower. The data from Germany was a relief for Euro investors and the price rose 0.12% higher. However, traders should note that the price of the EURUSD continues to remain 0.20% lower than yesterday’s close. The price of the EURUSD will now depend on the PMI data from the US. The value of the US Dollar will depend on its PMI release this afternoon and the Consumer Sentiment Index. Analysts expect both the US Services and Manufacturing PMI data to remain above the 50.00 level in the expansion zone. German Elections 2 Days Away Germany is set to hold a general election this Sunday, February 23rd, following the collapse of the coalition of social democrats, liberals, and greens. Given the country's highly proportional electoral system, German polls provide a strong indication of potential government formations post-election. The main concern for Germany is the AFD party who are Far-Right Nationalists. Currently, ahead in the polls are CDU (centre-right), and AFD (far right), followed by the SPD (centre-left). Traders should note that the results of the elections are likely to trigger strong volatility on Monday, but also influence volatility today. Economists may become further concerned if the far-right gains power for the first time due to uncertainty. If the government, similar to France, is unable to form a coalition, this would also be a concern for the Eurozone. Furthermore, the Euro this week is also under pressure from comments from members of the European Central Bank. ECB Governing Council member Fabio Panetta said to journalists that officials need not slow interest rate cuts, as January's 2.5% inflation is still expected to reach the 2.0% target this year. He also advised the European economy is weaker than previously expected. EURUSD - Technical Analysis and Indicators The EURUSD is trading above the 75-bar Exponential Moving Average and 100-bar Simple Moving Average on the 2-hour chart. However, the price is moving away from the key resistance level at 1.05058 indicating the price is losing momentum. The short-term volatility is indicating the price is retracing downwards. On the 5-minute timeframe, the price is trading below the 200-bar SMA and is also forming clear lower lows and highs. Simultaneously, the US Dollar Index is trading above the 200-bar SMA on the 5-minute chart confirming no current conflicts. Currently, the US Dollar is the best-performing currency of the day attempting to regain losses from the past 2 weeks. Watch today’s Live Analysis Session for more signals as they develop!   Key Takeaway Points: Weak French Services PMI triggered an initial Euro decline, but German PMI provide a slight relief. However, EURUSD remains lower than yesterday’s close. The Euro’s direction now depends on the US PMI reports, with analysts expecting US data to stay in expansion territory. Sunday's German election could drive volatility, especially if the far-right AFD gains power or if coalition formation proves difficult. ECB official Fabio Panetta suggested no need to slow rate cuts, citing weaker-than-expected economic performance and expected inflation decline. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.