Million Dollar Traders - Part 3 | British reality TV Series & Course created by Lex van Dam

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  • Опубліковано 7 жов 2024
  • Learn how to trade and join other graduates of the "Million Dollar Traders" Course! Head over to milliondollart...
    Savvy investors know that an investment in knowledge pays the best interest!
    More about the TV Series and our online course training:
    'Million Dollar Traders' was a British reality television series created by a hedge fund manager Lex van Dam (milliondollart...)
    Eight ordinary people are given $1million, a fortnight of intensive training and two months to run their own hedge fund. Can they make a killing?
    The experiment reveals the inner workings of a City trading floor. The money is supplied by hedge fund manager Lex Van Dam: he wants to see if ordinary people can beat the professionals, and he expects a return on his investment too. Yet no-one foresees the financial crisis that lies ahead.
    The traders were selected in spring 2008, before the US credit crisis gathered pace. The successful candidates were chosen, trained and dispatched to their specially created trading room in the heart of the Square Mile. Among them are an environmentalist, a soldier, a boxing promoter, an entrepreneur, a retired IT consultant, a vet, a student and a shopkeeper.
    The novice city traders are struggling to make it in the midst of a global credit crunch. With just a couple of weeks to go, the gap between those who are trading well and those who are not widens, and Lex Van Dam takes decisive action against the weakest in the group. By close of trading on the final day just three traders are left, but will they manage to make Lex a profit?
    The Million Dollar Traders Course is available on our website milliondollart... and includes unique material that was never shown on the TV series and has now been developed into a comprehensive educational program teaching Lex's 5-Step-Trading(R) process applied to stocks, currencies, commodities, technical trading strategies and economic analysis.
    As you progress through the course you will gain a better understanding of how professional investors like Lex approach the markets and begin to develop your own style of trading using his framework. Crucially you will be equipped to recognize and adapt when market conditions change, and take advantage of trading opportunities that other strategies cannot possibly prepare you for. By the end of the course you will be fully prepared to invest on a personal basis or pursue a career as a professional trader.
    If you are interested in joining the Academy head over to www.milliondol... or get touch with us at info@milliondollartraders.com

КОМЕНТАРІ • 1,4 тис.

  • @commentsCONTENTteeShirts
    @commentsCONTENTteeShirts 5 років тому +969

    Let's be perfectly clear - Emiel was just trying to smash. 😂😂😂

    • @BrandonBarbera
      @BrandonBarbera 4 роки тому +74

      Exactly! White knighting.

    • @FutbolHeritage
      @FutbolHeritage 4 роки тому +11

      Not his fault mate

    • @cndungu
      @cndungu 4 роки тому +7

      Are you 12?

    • @qonitabadegestm9989
      @qonitabadegestm9989 4 роки тому +13

      No-every guy there wanted to her
      but he was The one with The best
      chance short of The boss himself

    • @avenue4313
      @avenue4313 4 роки тому +2

      massive fail

  • @lydia1519
    @lydia1519 6 років тому +391

    i admired carolyne's calmness from the start

    • @TheColinm1992
      @TheColinm1992 4 роки тому +9

      Focused whole way through

    • @petrilampilahti5176
      @petrilampilahti5176 3 роки тому +3

      She was really great performer by attityde at least if we don’t talk about P&L

    • @GatochanBolivia
      @GatochanBolivia 3 роки тому +3

      being a mother who comes from really far for a chance to get into this savage world... JUST INCREDIBLE AND AWESOME PATIENCE :,) WOW

    •  3 роки тому +2

      you called it. just like your stonks

    • @dw300
      @dw300 3 роки тому +8

      Maybe the trading office floor was a calm and serene oasis compared to looking after a couple of kids

  • @SuperLazyCat
    @SuperLazyCat 3 роки тому +89

    peoples personalities hold them back more than the market does

    • @lexvandamofficial
      @lexvandamofficial  3 роки тому +37

      Exactly the conclusion from the show! Nailed it!

    • @andrewlam8580
      @andrewlam8580 3 роки тому +4

      this should be a netflix show!! make it hapen

    • @rennisdodman8739
      @rennisdodman8739 3 роки тому +1

      @@lexvandamofficial this is THE best time to the show again. just do it and don't let ur emotions get in ur way. u know its a good time. so do it. everyone will watch it and u know it

  • @honzikzemanu7915
    @honzikzemanu7915 5 років тому +468

    once the "drama queens" left, it became so nicely peaceful in that office and everybody was able to focus and do their job!

    • @Bruceskyy
      @Bruceskyy 4 роки тому +17

      yea for the whole 5 minutes that were left in the show after that

    • @amanlala6266
      @amanlala6266 4 роки тому +23

      Cloe should buy in uk tissue stock

    • @maxwellflitton3973
      @maxwellflitton3973 3 роки тому +5

      yeah the seniors actually became more relaxed and worked with them

    • @TiwazGoudsnor
      @TiwazGoudsnor 3 роки тому +14

      Toxic co-workers are the worst, without knowing it will cost the company hours of work. I work at a shitty warehouse for extra cash and a lot of people just talk and talk, not working, poor boss is losing so much money over it, i think 40% a day. Plus the talkers ALWAYS complain, while iam glad i have extra job during pandemic.. some ppl are just never happy, like CLEOPATRA the prinses and consorts.

    • @Matt-rw9py
      @Matt-rw9py 3 роки тому

      Cleo with her face expressions turns me on af, idk why

  • @Everthus4
    @Everthus4 6 років тому +670

    Ex soldier, who can do things under pressure, mother of two, who wants to provide good live standard for her children, and skilled student, were my personal favourites from this show. Excellent document from times of crisis, and great view of trading psychology. And magnifficent Anton Kreil. Thanks a lot for upload.

    •  5 років тому +4

      good comment :)

    • @thewolfofmainstreet6600
      @thewolfofmainstreet6600 5 років тому +6

      💪💪

    • @scottstorchfan
      @scottstorchfan 4 роки тому +8

      Yup they got their eyes on the ball.

    • @momentumstocks3493
      @momentumstocks3493 4 роки тому +5

      if it's stressful...you are betting too much.

    • @TsarOfRuss
      @TsarOfRuss 3 роки тому +5

      Those bitches think this is a toxic working environment just because someone got fired for bad performance ... unbelievable

  • @mmvdleest1733
    @mmvdleest1733 4 роки тому +148

    38:18 HAHAHA
    Lex: Is she gonna cry?
    Anton: She's gonna cry.
    Lex: This is ridiculous.
    Anton: Let's do it, hopefully in five minutes it will be over.

    • @GatochanBolivia
      @GatochanBolivia 4 роки тому +14

      theyre traders XD they know what to expect and get ready for it in the future XD

    • @mmvdleest1733
      @mmvdleest1733 4 роки тому +5

      @@GatochanBolivia they should become retail traders and trade crypto,anton kreil is full of shit

    • @koray8081
      @koray8081 3 роки тому +24

      I would've gone long on her crying hahaha

    • @mmvdleest1733
      @mmvdleest1733 3 роки тому +1

      this comment aged well :)

    • @xarmy5669
      @xarmy5669 3 роки тому +7

      @@mmvdleest1733 rumor has it shes still crying

  • @DeanRyan89
    @DeanRyan89 3 роки тому +111

    The SIMP exodus was too funny

  • @davidduxbury9246
    @davidduxbury9246 2 роки тому +136

    No joke ive watched this series about 10 times absolutely gripping, they should have done another series in 2020.

    • @elastronaute1198
      @elastronaute1198 Рік тому +5

      me too, loved it. Watch it about once a year.

    • @lukeallan6486
      @lukeallan6486 Рік тому +2

      Me too love this. Shows the stress and thrill being a trader.

    • @MackMittenzTV
      @MackMittenzTV Рік тому +2

      this is my first time seeing this and I feel like im in the office with these guys! lol

    • @davidduxbury9246
      @davidduxbury9246 11 місяців тому +9

      Who's still watching in 2023?

    • @Ryj3k95
      @Ryj3k95 8 місяців тому

      yes with degen traders crypto nft

  • @peterkaranja593
    @peterkaranja593 6 років тому +701

    am i the only one who noted the most successful trader were so calm

    • @ultimateinvestor2549
      @ultimateinvestor2549 5 років тому +17

      Sure

    • @manictiger
      @manictiger 5 років тому +45

      I work in reverse. I make the most money when I'm angry. It takes me out of coward mode and into make money mode.
      I don't recommend it for beginners. Aggression is a force multiplier, and if you're better at losing, then it'll multiply that, too.

    • @clixyclix5864
      @clixyclix5864 5 років тому +2

      Nope

    • @Brainbuster
      @Brainbuster 5 років тому +13

      No, Lex made that very clear that at the end.

    • @PortCapital
      @PortCapital 5 років тому +21

      They were calm because they were winning

  • @djsmith2580
    @djsmith2580 5 років тому +206

    If a trader who has made millions and retired at an early age tells you that you need to be a certain way in the office and to your broker, you do "IT". He's very successful for a reason, he knows what works, and what doesn't work. Sometimes you have to just listen and take in and apply what they are trying to tell you and apply it. Yes we understand they are people but we are here to make"Money" and provide for our families and we must do what we have to do to succeed. Great video and wish there was more!!! Cheers

    • @momentumstocks3493
      @momentumstocks3493 4 роки тому +2

      Best to be a broker/banker than a trader....

    • @siddharthnandi8567
      @siddharthnandi8567 3 роки тому +3

      @@momentumstocks3493 again it's all about what pays the bills, a trader's job is much more complex but if you do it right you end up with huge bonuses

    • @petrilampilahti5176
      @petrilampilahti5176 3 роки тому

      Yep, same

    • @kuselwaleona6483
      @kuselwaleona6483 3 роки тому +1

      Totally agree. there's a time and place for everything...they went there to make money.

    • @rogergeyer9851
      @rogergeyer9851 2 роки тому

      DJ Smith: Re various documentaries, etc. almost all the schools to teach people how to be traders are just a SCAM though.
      If they're such great traders (the people providing the EXPENSIVE courses), why don't they just TRADE, and become wildly rich?
      I've seen documentaries on this where idiots were teaching such "courses" for $thousands a week and yelling at people about "supply and demand".
      The people taking the courses would have been better off reading some books and doing some paper trading, and deciding if they wanted to try trading for themselves.
      At least this guy was putting up money instead of charging big bucks, so he was being honest about it.
      If you were paying attention, you saw that MUCH of it is personality. NO WAY could I do what he was demanding successfully, re hurry up and make big profits, and I've been trading options for 40 years now. (The only credit I can give myself is at least I now KNOW that about myself).

  • @Tonyx4
    @Tonyx4 3 роки тому +96

    My favorite part of this whole series was the last 10 minutes when all the clowns were gone and there was no more unnecessary drama. Just 3 aspiring traders doing their job.

    • @niandralade
      @niandralade 2 роки тому +4

      it was the woman, like in the garden of eden who was looking for the tree of good and evil

    • @JerryMetal
      @JerryMetal 2 роки тому +1

      @@niandralade ...right.

    • @Raison_d-etre
      @Raison_d-etre 2 роки тому +1

      If this proved anything, remembering that this is a reality show, it proved that most people will lose money no matter how hard they tried.

    • @Raison_d-etre
      @Raison_d-etre 2 роки тому

      @@JerryMetal Exactly. The woman actually tried to stay. Multiple men walked out.

  • @Rombizio
    @Rombizio 5 років тому +358

    Emile wants to tap Cleo. That is why he is all ridiculous like that.

    • @tonyb76
      @tonyb76 4 роки тому +23

      Agree. If Cleo had the chance to return after all the drama, bet she would say yes and fuck her other comrades right off.

    • @zerstorenser
      @zerstorenser 4 роки тому +10

      @@TyroneStitches as opposed to with the nuts inside?

    • @sour3000
      @sour3000 4 роки тому +8

      @@TyroneStitches exactly but do you know what the real gag is? If he had stayed and potentially got money he would get more pussy! 😂😂😂💀

    • @sour3000
      @sour3000 4 роки тому +2

      @@tonyb76 exactly she's a teachers pet 😂

    • @HermanWillems
      @HermanWillems 4 роки тому +2

      @@zerstorenser What is so strange about that? i do that all the time? I think 90% of the guys do that. I think you just discovered something new.

  • @maartenp6337
    @maartenp6337 3 роки тому +71

    'Is she gonna cry?' 'she's gonna cry' 'this is ridiculous' 😂😂😂

  • @AnjanFX
    @AnjanFX 5 років тому +261

    this should be a netflix show!! make it hapen

  • @TheFippe
    @TheFippe 3 роки тому +44

    You cant bring that amount of emotion to a trading desk expecting to get results in the long run, the 3 persons that made it stayed calm and worked through it! Great show.

  • @zaxlee01
    @zaxlee01 4 роки тому +123

    Man this guy risked his own money to train them(bless your heart). And those whimps lost like 12.000 and they are talking shit about how the behaviour in the office is? Dude if this was a drug dealer you 'd be dead! Imagine losing YOUR 12k because you trusted some rookies. This show is lovely. This needs to be a series.

    • @lexvandamofficial
      @lexvandamofficial  4 роки тому +8

      Thank you for watching the MDT series!
      If you are considering our online course or would like to become part of the Trading Club, please do not hesitate to contact us at the Academy on www.lexvandam.com or by email info@lexvandam.com! During this festive season we offer all new members 60% off plus 6 months of complimentary Trading Club membership.
      Happy watching and don't forget to subscribe to our UA-cam Channel for more!
      Best regards,
      LVDTA Team

    • @gregorsamsa1364
      @gregorsamsa1364 3 роки тому +14

      They didn't actually lose money. They made money because it was a TV show

    • @TsarOfRuss
      @TsarOfRuss 3 роки тому +8

      Exactly my thoughts, this documentary actually made me realise how poor people often remain poor ... if they want to make money while being morally right, they should have just gone for priesthood !! but they want to be big city boys, yet don't want to cut heads off...smh!

    • @gupperguppygupper
      @gupperguppygupper 3 роки тому +1

      Just take the opposite trades of them and make money on the programme..

    • @dersoncapital5085
      @dersoncapital5085 5 місяців тому

      @@TsarOfRuss i can keep laugh at ur comment bro. u made my day

  • @jonrulz5771
    @jonrulz5771 5 років тому +92

    Can't believe these guys walked out of such a great opportunity. I get there is pressure but given the investment risk Lex has taken, they should appreciate the opportunity a lot more than they have shown. Talking about human rights. Lex is a human too, he has decisions to make. Thank you Lex for creating and uploading these. It was a very interesting series.

    • @Tom_murray89
      @Tom_murray89 Рік тому

      I agree i think they thought the risk wasn’t worth it at the end of the day to do trading full time.

    • @hfhfhf11
      @hfhfhf11 Рік тому +4

      ​@@Tom_murray89 snowflakes use to do it. Single mother of 2 went through many things hence she was a titan.
      Wish Lex would decide to redo the show, I'd put up the cash if the only obstacle...

    • @DaBearsManiac2
      @DaBearsManiac2 9 місяців тому

      That promoter dude was such a freaking simp.

  • @djwaters22
    @djwaters22 6 років тому +208

    Absolutely LOVED this series. One of the best ever created on UA-cam. Watched this multiple times throughout the years!

  • @bhavyajain116
    @bhavyajain116 4 роки тому +36

    Once the 3 were left, the atmosphere got so freaking better!!! Competing, cooperating and enjoying while making money and learning more!! Awesome!

  • @forexyardie3518
    @forexyardie3518 5 років тому +130

    41:45 Emile white knight mode activated

  • @DavidJ909
    @DavidJ909 6 років тому +439

    You should do another season of this show

    • @lexvandamofficial
      @lexvandamofficial  6 років тому +278

      Would love to. Get asked this all the time!

    • @kreed1004
      @kreed1004 6 років тому +17

      unfortunately if you make it a crypto trading show everyone will certainly watch

    • @gitowski
      @gitowski 6 років тому +1

      Sign me up!

    • @indyfilmer
      @indyfilmer 6 років тому +1

      Please do!

    • @kurthoward9707
      @kurthoward9707 6 років тому +10

      It's about the right time for a 10th anniversary addition...

  • @cobralingue8530
    @cobralingue8530 Рік тому +34

    "None of us wanna be in an environment where people are treated really badly for the sake of making money".
    I love this series - especially part 3. It's so interesting how differently people react to pressure. Obviously no one is being treated badly. It's just a competitive environment, and that's not for everyone.

    • @danitradess
      @danitradess 10 місяців тому +6

      yeah they are just "losers" looking for any excuses rather than admitting the trading isn't for them

  • @Shenaniganz_z
    @Shenaniganz_z 4 роки тому +15

    The best and most accurate prediction from both expert traders was about Kleo: i know she's gonna cry, but we have to do it!"
    I died when she cried for the last time. 🤣🤣🤣🤣🤣

  • @adrianzahid
    @adrianzahid 6 років тому +167

    This is such a good show because it shows the mental side to investing/trading. It's a pity that far too often textbooks focus on the quantitative side of money making and ignore the psychological aspects that are also part of it.

    • @MostIntelligentMan
      @MostIntelligentMan 3 роки тому +2

      @Rifle Eyez jesus, NEVER have 20 30% loss, ur stop as beginer should be max 1% loss per trade, if u having any emotions u r gambling, not trading, pro trading is just executing prooven strategy like a robot

    • @Ilk2er
      @Ilk2er 2 роки тому +1

      @@MostIntelligentMan funny you have no idea about position sizing😁

    • @rogergeyer9851
      @rogergeyer9851 2 роки тому +2

      adrianzahid1: I think that's true of many things in life, re the psychology being key, but most resoruces / people largely ignoring that. For example, a big part of being a strong chess player (over the board) is psychological, as well as pure chess knowledge. My main improvement phase in chess was about maturing during high school and college, NOT about studying this or that set of books, for example.

    • @dude9291
      @dude9291 Рік тому

      @Rifle Eyez Psychology is MORE important than anything else. There are so many systems out there to make money. Pick any, as long as you can master your psychology you will be profitable.

  • @wayne8797
    @wayne8797 3 роки тому +30

    She is a single mom with two young kids. It didn’t surprise me that she is the most mentally stable and one of the better traders in the team.

    • @lexvandamofficial
      @lexvandamofficial  3 роки тому +5

      This was key. Absolutely right

    • @therealist2000
      @therealist2000 3 роки тому +4

      That’s odd because most single mums AREN’T mentally stable from struggling a lot so what made you think that? 🙃

    • @willnestor6422
      @willnestor6422 3 роки тому +5

      You ever met a single mum? Fuck me the shit some people say is ridiculous.

    • @willnestor6422
      @willnestor6422 3 роки тому +2

      Also most single mums don't have a massive house in the sticks.

    • @therealist2000
      @therealist2000 3 роки тому +3

      @@willnestor6422 facts, OP is delusional

  • @susanbaxtron8422
    @susanbaxtron8422 2 роки тому +85

    This is a great video, I learn alot watching your videos and it has been helpful to me. Trading crypto is quite difficult for newbies. Thanks to Mr. Larry Kent Nick for improving my portfolio.keep up with the good videos.

    • @martinsriggs2441
      @martinsriggs2441 2 роки тому

      Wow, amazing to see others who trade with Mr Kent, I'm currently on my 5th trade with him and my portfolio has grown tremendously.

    • @fosterwhales1027
      @fosterwhales1027 2 роки тому

      This is not the first time I am hearing of Mr. Larry kent and his exploits in the trading world but I have no idea how to reach him

    • @susanbaxtron8422
      @susanbaxtron8422 2 роки тому

      @@fosterwhales1027 Larry Kent Nick Trading

    • @charleyluckey2232
      @charleyluckey2232 2 роки тому

      My first investment with Mr. Kent nick brought me over $24,000 in profit and since then he has never failed and I can even say that he is the most honest broker I know

  • @yawzerdoink-a-sore-as8159
    @yawzerdoink-a-sore-as8159 Рік тому +9

    Never apologize for trying to do well for yourself.

  • @jackyu1143
    @jackyu1143 4 роки тому +20

    I watched this series in one sitting a year ago. This week, I watched it again. Really captivating. Probably the best reality TV series I've come across. Trading psychology is so important in trading.

  • @nathansamuel222
    @nathansamuel222 6 років тому +104

    I'm training to work in a completely different industry, medicine, but this documentary was very inspirational, and includes many learning points that can be applied anywhere- thanks for the upload!

    • @lexvandamofficial
      @lexvandamofficial  6 років тому +29

      Thanks Nathan, comments like this are exactly why I wanted to do it (and run the Academy). Hope you can join us for more here

    • @danielmaia6135
      @danielmaia6135 5 років тому +5

      @@lexvandamofficial I think there is too much bullshit and participation medals in modern society. Where are the trader's that will throw a chair at the window during an interview when possible recruit's are asked to open the window on the 100th floor? I won't apologize for being right and I got no problem putting weaker people on my shoulders. I'll eat the shit and say thank you. Where do I send you my resume?

    • @pavimaris
      @pavimaris 5 років тому +11

      Exactly. There is a deeper message in this documentary series that is not about just trading. Becoming a successful trader changes one as a person totally.

    • @colasalz2
      @colasalz2 5 років тому

      @@danielmaia6135 so if you throw a chair out of the window in the 100 th floor you will be arrested and cannot come into the office the next day. and than you will be fired. So why tho a chair out of the window to get a job, if you cannot come to the office the next day? thats not very smart. Sorry.

    • @davidlean1060
      @davidlean1060 5 років тому +2

      @@lexvandamofficial I went down the you tube rabbit hole after watching a video about long and short trading. It led me to the ever so interesting Anton and then on to here. I work in a totally different gig, but much of the advice you and Anton give is on point for many lines of work, the foremost of which is the idea of personal responsibility ie dealing with your own shite, rather than looking for back up constantly.

  • @PartyboyDanny
    @PartyboyDanny 4 роки тому +79

    Emiel’s positions today would have made a killing.
    Adobe, Apple, Nike.

    • @lexvandamofficial
      @lexvandamofficial  3 роки тому +22

      Its been a great bull market in US stocks

    • @lexvandamofficial
      @lexvandamofficial  3 роки тому +25

      ;-)

    • @jamesyoung6139
      @jamesyoung6139 3 роки тому +2

      @@lexvandamofficial Or just good businesses? Every one of those businesses earnings, revenue and competitive positioning is far and away better than they were in 2008. No doubt QE has expanded multiples, but attributing those businesses performance to a ‘bull market’ is slightly disingenuous.

    • @leggocrewtv2052
      @leggocrewtv2052 2 роки тому +1

      @@lexvandamofficial cyclical development, nice🔥

    • @gcg8187
      @gcg8187 Рік тому

      @@jamesyoung6139 what do you think now that the bull market is over LOL

  • @MoneyballAustin
    @MoneyballAustin 4 роки тому +74

    I hope for any current or struggling traders currently watching this realize Lex and Anton probably received hundreds of resumes, sat through at least 50-100 interviews, and gave 8 people the chance to become a trader. After 2 months 5 ended up quitting or getting fired. Only 3 out of the hundreds made it to the end and only 1 made a profit of 1%. These traders had 2 of the best traders in the world helping and they still couldn't do it. I hope you realize the amount of time and dedication it takes to become a profitable trader in this game... Cheers!

    • @danielbelfort5088
      @danielbelfort5088 3 роки тому +1

      Specially TIME!!!! I started 2 years ago first month couple of B stocks, second months options, third month 100x leverage shorting and forex. My trades all went well and then I simply stopped because I realized I don't really like trading - averaging into ETFs is much less work. I still do crypto on occasion and also love to buy bargain options 2/3rd into maturity my P&L for last year is nearly 12% up... the thing is when I trade right I lose the whole day. I stopped playing poker for the same reason it takes up all your life every waking minute of the day and days get longer and longer, you discover "over the counter trading" after the exchanges are closed, you start getting paranoid about having x amount of limit orders for all your assets before you go to sleep you wake up with your phone checking financial news, double checking positions thinking about fibonacci patterns, moving averages, how certain sectors sentiment infect/relate to other sectors. It's a very vicious cycle.

    • @MostIntelligentMan
      @MostIntelligentMan 3 роки тому +3

      @@danielbelfort5088 just trade one thing and stick to maybe 4h chart or daily and its all relaxed

    • @mavec200
      @mavec200 3 роки тому +8

      True. But to be fair they were getting their feet wet in possibly the hardest few months in the last 25 years.

    • @MostIntelligentMan
      @MostIntelligentMan 3 роки тому +2

      @@mavec200 thats most stupid shit ever, hardest is when price dont move at all, the more it moves easier to make money, this show showed absolute incompetent retards, and i mean the "proffesionals" in the show not the randoms, these people literally base their trades on the news... thats absolutely fucking mental, thats like betting on sports game based on fans of the team prediction

    • @picketf
      @picketf 3 роки тому +1

      @@MostIntelligentMan Also when the market doesn't move you switch to OTCBB securities and use options for straddles and strangles between support and resistance lines, this will decrease risk exposure exponentially for highly leveraged options specially if you use the average directional index to predict and close before break outs.

  • @MikaelArhelger
    @MikaelArhelger 6 місяців тому +2

    This is such an inciteful documentary; I hope my daughter will one day learn from these tough yet so caring mentors! There are some people in the room who do not understand the "chain of command". When the boss says you go left, you go left. When the boss you go right, you go right. When the boss says jump, you may ask "How high do you want me to jump?" Welcome to the real world!

  • @mint9121
    @mint9121 5 років тому +31

    "Emiel, Cleo and Amit are about to receive a blunt reality check" .. cool line!

  • @SK-gk3vr
    @SK-gk3vr 5 років тому +116

    Cleo was let go because she couldn't do the job. Even forget the that she couldn't make money, she couldn't do the basics of the Job which is controlling your emotions. There's no reason why anyone else should've felt like she was treated badly, because she wasn't. In ANY other job that person 1). Wouldn't have even been hired because she didn't have the skills and 2). She would've been fired after 1 week.

    • @mariancounsellor
      @mariancounsellor 5 років тому +11

      S K I agree. She wasn’t willing to use the money to invest. She didn’t take risks, was distracting the other people on the team and was overly emotional most of the time for no reason. Not everyone can thrive under pressure. It doesn’t make her a bad person but she just wasn’t cutting it!

    • @CHURCHISAWESUM
      @CHURCHISAWESUM 5 років тому +20

      Wrong, trading and other finance jobs are often about numerical results far more than other jobs.
      At your typical corporate job, she would've used her emotional manipulativeness to get promoted because employee evaluations in such positions are subjective.
      There are so many people like her that think they can game the system and get a rude awakening in quantitative fields.
      When they say "This isn't fair" what they're actually communicating is "I'm not used to having to meet an objective standard all the time".

    • @colasalz2
      @colasalz2 5 років тому +6

      and is perfectly fine not to have the skills to be a trader. it is a very special skillset.

    • @colasalz2
      @colasalz2 5 років тому +4

      @@mariancounsellor I think she was basically afraid of taking risks, like she was still the " little daddys girl who has to proof that she is worth it, perhaps that is the reason she cannot admit that trading is not her ballpark. I feel kind of sorry for her. She wants to please everybody what is extemly tiresome.

    • @panthercrypto2626
      @panthercrypto2626 4 роки тому +2

      @cool how do you know? do borderlines cry at the drop of a hat?

  • @lucystephanieproperties
    @lucystephanieproperties 4 роки тому +20

    That moment when they finally found an excuse to get out of the situation they don't really want to be in. This is one of the best things I've watched recently. I hope to see more just to know what it's like for more and other people. Trading that way is probably not for me too but it's absolutely fascinating to watch.

  • @christinewillis7545
    @christinewillis7545 3 роки тому +11

    Really appreciate the insight. I have learned: - No to emotion. No to fear. No to greed. Yes to analysis. Yes to belief in self. Yes to entry/exit strategies for long and short = hedging. Most of all the RISK factor. Respect from New Zealand.

    • @rogergeyer9851
      @rogergeyer9851 2 роки тому

      Christine Willis: But for 99.9% of humans, when you're trading your OWN capital at your OWN risk, it's FAR easier to SAY that than do it. Which is why for almost everyone, it's BETTER to work a job and be a long term INVESTOR, and NOT a trader.
      One can be an investor and just put $X away a month and not try to time it or push it and the stock market grows nearly a nominal 10% a year over the long run, looking at the S&P 500 with dividends reinvested, for example.
      Most hedge funds underperform, even with the HUGE fees they charge. MANY blow up and return a small fraction to investors and give up or start over.
      When you have big market panics, good luck being completely unemotional if you're involved in regular trading vs. investing.

    • @christinewillis7545
      @christinewillis7545 2 роки тому

      @@rogergeyer9851 You may be right. I only speak about myself and my journey. My first lesson - came from Sun Tzu. To know my self, My strengths, weaknesses, threats to an opportunity, etc. I always create a narrative around a stock to invest in. If there is an annual report or website - I check it out. The who, what, where, when etc. I have an idea of how much I want to lose and act accordingly. And always end with an exit strategy. During these journeys - I've learned much about the stockmarket infrastructure and it is not pretty. Payment to order flow, dark pools, high frequency trading, failure to deliver etc, the roles of SEC, and DTCC and NYSE and ICE and my conclusion: We, the retail investors are stepping into a rigged market. Using this knowledge has helped me make a modest income and much like the gambler - Know when to hold, know when to walk away. And patience. I don't consider myself being with the mob. I'm not drawn into the media hype. And most of all - I have the ability to smell bs. And right at the moment - the stench overwhelms.

  • @TokyoTaisu
    @TokyoTaisu 6 років тому +65

    Fantastic series, I loved that everyone started developing their own angle. And how raw and pure the show is. I'd really want to be on the next season!

    • @lexvandamofficial
      @lexvandamofficial  5 років тому +4

      Thank you, we hope to see you at the Academy www.lexvandam.com!

  • @quaant-he1nz
    @quaant-he1nz 11 місяців тому +2

    I am a professional quant trader of 5 years. I can say, I've been there. Through all these emotions/scenarios; what this series shows is: how integral the control of ones emotions and true grit are in the making a good trader. Throughly enjoyed this actuarial portrayal.

  • @no-distrx
    @no-distrx 5 місяців тому +2

    Wow. I really learned from Cleo how important it is to be able to manage your emotions and to have self-control. Despite her being intelligent, lack of self-control and ability to manage her emotions, ruined so big opportunity.

  • @patmebg3794
    @patmebg3794 Рік тому +6

    Actually I've been struggling with handling myself emotionally in a stressful environment. I feel very lucky to have watched this show. It was immensely therapeutic. I wish I could find more like it.

  • @timcampbell4132
    @timcampbell4132 5 років тому +103

    7:30 Hey Vegan Boy, you wanna see "incredible human qualities" in a successful trader??? Look to the leader of your pack! Caroline, the calm queen surpassing you all, the sweet mother of two, who's got more chops in the markets than you all.....

  • @huntergoertz6134
    @huntergoertz6134 3 роки тому +13

    "you can not let emotions get in the way" as she begins to bawl.

  • @ellejae9832
    @ellejae9832 4 роки тому +13

    What a great show. Right off the bat I had a feeling that Simon and Cleo were going to be dragging the group behind and wondered why they were chosen in the first place. However, over the span of the 3 episodes, they were actually interesting (in a frustrating way) to watch so you can analyse their flaws so as a trader you do the opposite haha. Trading is definitely not for everyone but this show made me realise even more now that my head is in the right place and Im excited for my future with my current investments so thank you Lex.

  • @Gates7405
    @Gates7405 3 роки тому +26

    funny how all the impulsive people are the ones losing, this should give you a hint into the reality of life and also to trading

  • @lazybone74
    @lazybone74 4 роки тому +33

    Bet Emile (The White Knight) didn't even hit it, she probably ended up with a real Day Trader. Lmfao. 🤣🤣🤣

  • @jakeh3236
    @jakeh3236 4 роки тому +28

    Anyone watching this during COVID-19?

  • @JT-ko2ib
    @JT-ko2ib 3 роки тому +25

    I liked how even though Simon didn't cut it, he was completely honest with his own assessment. Not many can do that.

    • @toniownez
      @toniownez 3 роки тому +6

      How was he supposed to deny that though? He had a 120% negative influence.

    • @JT-ko2ib
      @JT-ko2ib 3 роки тому +6

      @@toniownez He wasn't, and that was good. The others acted like kids and made a lot of noise.

  • @rachgodf03
    @rachgodf03 4 роки тому +8

    46:23 "I'll just see him in a few weeks for a drink" xD priceless

  • @22sungho
    @22sungho 4 роки тому +15

    I love Anton's look during Cleo's talk with Lex LOL

  • @ThomasLStanley
    @ThomasLStanley 5 років тому +3

    Calmness evidences that the emotions are under control, and cannot interfere with strategic planning and trading executions. Calmness is vital to clear-headed trading. Essential!

  • @venusbartolabac1396
    @venusbartolabac1396 5 років тому +6

    “The guys losing more money have found the excuse to walk out.” Harsh! But true! Not for everyone. I’ve watched this before but I still learn something from it.

  • @tonya966
    @tonya966 6 років тому +102

    Just put two buckets by the desk , priceless

    • @taylorj6177
      @taylorj6177 4 роки тому +6

      Whole new meaning to the term "bucket shop," eh? :)

  • @pramod7572
    @pramod7572 5 років тому +3

    Oh my God !! I really rarely comment on UA-cam. But this video series should have more than 50 Millions view. Fantastic, Great, Mind blowing

  • @joyvallejos3614
    @joyvallejos3614 6 місяців тому +1

    love Anton's cold hearted approach!

  • @charliemcfarlane8104
    @charliemcfarlane8104 4 роки тому +36

    “Hey carl does your phone do this” 😂

  • @00benlee
    @00benlee 2 роки тому +1

    Caroline is the right mix of patience, robotism and balls. She will go far in this.

  • @koi2uso
    @koi2uso 5 років тому +35

    Lmao I love Carolyne's face when she hears, "you'll be on 200" @ 49:00

    • @BrandonBarbera
      @BrandonBarbera 4 роки тому +2

      I know its awesome lol!

    • @Marc98338
      @Marc98338 Рік тому

      She was such a great person in the show

  • @Daddy_Mlbb
    @Daddy_Mlbb 3 місяці тому +1

    Hope they do this series again in 2024

  • @alharethalshaheen3372
    @alharethalshaheen3372 4 роки тому +3

    I started to learn forex during the lock down from total zero and then i found this series which totally gave me new prospect of the trading industry , i found it really you have to control your emotions when you lose money and and not to be greedy when you make profit ,successful people always look cruel to others just like lex van dam who got hated by every unsuccessful trader in the room just because he was telling the truth from non-emotional side.and as he said "moving out from your desk and run away is just sign of weakness"

    • @mrmar-que6307
      @mrmar-que6307 2 роки тому

      How's your trading going?

    • @alharethalshaheen3372
      @alharethalshaheen3372 2 роки тому +2

      @@mrmar-que6307 very good ,I got funded with 100k and growing

    • @mrmar-que6307
      @mrmar-que6307 2 роки тому

      @@alharethalshaheen3372 Nice bro, congratulations!!! It's good to hear a newer trader doing so well so early. You're doing it in record time.👍🏾

  • @ArabianKnight63
    @ArabianKnight63 Місяць тому

    "You are here to make money, not friends or worry about feelings, cuz money can buy happiness"
    😊😊

  • @nq875
    @nq875 4 роки тому +8

    Lex is the man, clear in his thought process and coldly decisive when needed. These people are seeing the reality of the trading environment, where emotion has no place. Check out Caroline in the middle of all that school playground carry on from that sissy Emile and the others! Can't believe Emile given he works in cage fighting!😭

    • @S.Trades
      @S.Trades 4 місяці тому

      The Cleo Effect

  • @kinglion6197
    @kinglion6197 Місяць тому

    This is my first-time watching this, iv learnt alot, it does not only teach about trading but business and life in general, those that quit acted imature by failing to acknowledge their mistakes, instead of appreciating lex for the risk he took, wish I had such great opportunity to be with a successful millionaire and have a feel of trading

  • @11stars69
    @11stars69 4 роки тому +6

    This series is actually a replica of my favorite quote. "Emotion is the greatest horror of a trader".

  • @Kareltheking544
    @Kareltheking544 11 місяців тому +2

    I watch this at least once a year! Please make this again lex! Greetings from the Netherlands

  • @Oldsoho
    @Oldsoho 5 років тому +12

    I have been a trader for over a decade
    , I remember this series. When anyone asks me about trading then I ask them to watch this series. THIS IS HOW NOT TO DO IT.

  • @bulluinvestment3649
    @bulluinvestment3649 3 роки тому +4

    Better than any stockmarket related movies💖💖💖💖💖💖

  • @investradelearn
    @investradelearn 3 роки тому +34

    Man it's sad to hear that Mike Tovell took his life few years ago, RIP, i really liked his attitude on the show. The rest is doing just fine mostly all of them have companies and are successful.

    • @gabdc6361
      @gabdc6361 3 роки тому +2

      So sad 🤦🏽‍♂️

    • @kencheok1769
      @kencheok1769 2 роки тому

      Read the news... sad to know this.

    • @MUFFINHEAD1985
      @MUFFINHEAD1985 2 роки тому

      it's the boxer not this Mike that died, can you post a link if different..

    • @leger205
      @leger205 2 роки тому +3

      @@MUFFINHEAD1985 it is this Mike from traders

    • @MUFFINHEAD1985
      @MUFFINHEAD1985 2 роки тому

      @@leger205 no

  • @Tom-ms5ot
    @Tom-ms5ot 2 місяці тому

    99% of all of my biggest loses were due to poor mindset at that period not the market. The market often even gave me chances to recoup and stop shit hitting the fan. Love the show. Getting back to it from time to time

  • @Hilaire_Balrog
    @Hilaire_Balrog 3 роки тому +32

    Imagine, the most level headed and analytical stayed.

    • @lexvandamofficial
      @lexvandamofficial  3 роки тому +11

      Indeed. Emotions often cloud judgement, yet equally, you do need to have that killer instinct and edge to your personality to be ruthless as a trader

  • @xDisgreat
    @xDisgreat 6 років тому +15

    I don't know how tf I ended up here but i've binchwatching this! pretty interesting even if you're not in this enviroment

  • @johanjansen966
    @johanjansen966 4 роки тому +7

    Treated badly? Are you kidding me? Correct me if I'm wrong, but Anton was actually nice 90% of the time, and 10% of the time he was just being honest, and that was seriously necessary.

  • @Aaadil8
    @Aaadil8 Рік тому +2

    Trading exposes you as a person! This world is complex so things that appear good aren't always good and Cleo is a good example of that! She won that victim sympathy that most women crave for and the below averaged crowd fell for her crocodile tears! Congratulations to the winners who saw the truth, persevered and succeeded!

  • @josephpweaver
    @josephpweaver 4 роки тому +3

    Anton is the man.

  • @syedmohd4707
    @syedmohd4707 4 роки тому +2

    I really praised You Lex Van Dam and those
    get involved in this Video especially
    Portfolio Management Anton Kreil because
    for those who wanted to turn to be Professional
    Trader must learn from this video, not that easy
    to control emotionally when you on the trading
    floor....

  • @TenTonNuke
    @TenTonNuke Рік тому +5

    If Sam really wants to trade ethically, he can simply make a watchlist of all companies he approves of and then only take long positions. It's possible, it just limits his options.
    It's also pointless, because as soon as he exits his position, he is essentially shorting the company at that price. So unless he's planning on investing and just leaving that money in for years, he's neither helping nor hurting the company by trading.

  • @sadam5111
    @sadam5111 3 роки тому +2

    Had to gently go through the series after a continues lost in the market, enough lessons learnt, been calm at all moments is a great attribute I picked up.

  • @desiralhagger4034
    @desiralhagger4034 4 роки тому +19

    As a trader, the psychology of every individual was very interesting and how it was brought to surface. This is what happens to everyone, you find out who you really are when it comes to trading. Great experiment Lex

    • @rogergeyer9851
      @rogergeyer9851 2 роки тому

      Desiral: That's a great point. One finds out who one is (to a large extent) by doing a hard job too, but that can take years or even decades.

  • @Intuition11111
    @Intuition11111 Місяць тому

    this is probably the best training series Ive ever watched in learning how to be a trader....learning how not to be a trader...

  • @syedmohd4707
    @syedmohd4707 4 роки тому +3

    I really salute people like Lex and Anton Kreil
    to have this Video on UA-cam for coping up
    learning something if we want to be Professional
    Trader. Of Course not every body can manage
    to go out with Profitable Trades all theTime.
    But the best important part we shall learn was
    when Both of them handled the situations where
    when You Put a lot of money into your trading
    platform than You can tell either it`s suit you
    to make money or Not.
    Lastly, as for me I did tried few Times in Trading
    some win and some loose and we can`t really
    really make mistakes and when You do, you`re
    finished, you`re DONE.
    Job Well Done Both of You Lex and Anton Kreil.
    I gave 1,000,000 Star because we had already
    learn something from This Video, Thank You so much.

    • @lexvandamofficial
      @lexvandamofficial  4 роки тому

      Thank you for watching the MDT series and for your kind feedback. Visit the Academy on www.lexvandam.com for more educational content as this festive season we offer 60% off for our flagship MDT Course and 6 months of complimentary Trading Club membership.
      Happy watching!
      Best regards,
      LVDTA Team

  • @leeroy4839
    @leeroy4839 2 роки тому +1

    beautiful display of SURVIVAL OF THE FITTEST

  • @majorlook5415
    @majorlook5415 3 роки тому +7

    Because of this show I invested a virtual 10k in 6 FTSE 100 companies, and two weeks later it was up 5%! Now, if it was my own money I might have bailed at the first dip lol. That's the difference I guess.

    • @gregorsamsa1364
      @gregorsamsa1364 3 роки тому

      Definitely a smart move to start with paper trading

    • @frusciantesplectrum7980
      @frusciantesplectrum7980 3 роки тому

      I’ve got a total value invested of around £23k in real money on FTSEE index and S&P500 over the past 4 years and you begin to get used to the swings…. I’m no longer bothered if it drops 1k over a week… you do get desensitised after a while

  • @realestatedaily1
    @realestatedaily1 3 роки тому +1

    I so love this series.
    Leadership- you can't please anyone. There's a challenge in correcting people.
    There's always a rotten tomato in the basket that you need to eliminate first because, surely it will affect other fresh tomato.
    Character basis of a single mom, a student and a retired military was really helpful in this industry,
    Attitude really matters no matter how good you are it is important to listen and respect people whos mentoring you.

  • @djwaters22
    @djwaters22 6 років тому +27

    Season 2 please!!!

  • @raptorjr08
    @raptorjr08 3 роки тому +1

    Trading will never change the world, but money will. Take everything you can from the market and make something good with the money.

  • @veronikeung5388
    @veronikeung5388 5 років тому +7

    I guess the tough ones remained!! It's a tough world where feelings are to be set aside!! Totally get it! Not for everyone
    !!

    • @momentumstocks3493
      @momentumstocks3493 4 роки тому

      It's not even tough....some people like to try and make it tough...but if you risk small amounts and go with the trend it's about as easy as you can get...

  • @Cousinskeeter1
    @Cousinskeeter1 2 роки тому +1

    The psychology of this all is absolutely sensational! What an experiment

  • @liamtg1153
    @liamtg1153 6 років тому +16

    I’m a big fan of your attitude to your work lex. that’s the difference between success and living a normal life

  • @HamzaAhmed-xy2qk
    @HamzaAhmed-xy2qk 2 місяці тому

    Man this is just a wonderful show watched it more than 5times and I started learning and trading forex let's see how it goes

  • @future2976
    @future2976 Рік тому +7

    46:52 if he think this is what treating someone bad is all the best with life 😂

  • @wilstewart5743
    @wilstewart5743 Рік тому +2

    Interesting show and interesting to see where they all ended up. The ex soldier guy ended up committing suicide in 2019. Emil still does the fight promotions

    • @EMan-cu5zo
      @EMan-cu5zo Рік тому +1

      Do you know what he was going through or the reason he decided such a tragic decision?

  • @africasolarguy7569
    @africasolarguy7569 3 роки тому +3

    Huge respect for the investor

  • @basildog007
    @basildog007 4 роки тому +4

    Big up to Caroline! Give her a like! GO Caroline!

  • @DavidDavid-kl4ru
    @DavidDavid-kl4ru 4 роки тому +13

    Interesting social experiment and a useful insight into the psychological aspect of trading. Would have been nice to have had more on the mechanics of trading with regard to what informed the participants trading decisions.

  • @leedenault849
    @leedenault849 3 роки тому +1

    Lex - come over to North America - and do this again, please. For the love of God do this again.
    I have learned so much!

  • @wh3747
    @wh3747 Рік тому +12

    It would have been really cool if in this series they showed more of the training these guys got.

    • @mowthpeece1
      @mowthpeece1 Рік тому

      Ikr? But they sell that info. It's not given away for free.

    • @TenTonNuke
      @TenTonNuke Рік тому +2

      From what I can tell by pausing the screen at 4:19, they just use moving averages of lengths 11, 50, and 100 combined with what sounds like fundamentals and market sentiment.
      But even if they showed us, what worked back then most likely wouldn't work today.

  • @gallitron7803
    @gallitron7803 5 років тому +14

    Trading is war. I don’t believe in compromising. I believe in winning.

  • @fredbloggs8172
    @fredbloggs8172 5 років тому +6

    *Superb show, they should make more of these and intensely expose their stock choosing methodology*

  • @maprangprangzaza8501
    @maprangprangzaza8501 4 роки тому +2

    This is the best reality show of all times, this has given me inspiration to become a trader as future career .l love it so much.thanks for upload.

  • @trivexofficial5929
    @trivexofficial5929 2 роки тому +3

    Baffles me that people walk into a trading floor and believe that they can preach about ethics and emotions and being 'human'. This is why only a small percentage of us make it as traders. It's a shame but this game isn't for the weak

  • @Moissawy
    @Moissawy 3 роки тому +2

    44:28 my african man was like "aight whteva niggaz, ima jus get back to makin this breadddd" lol