@@PavulonWielki I mean, I've seen a guy turn 130k into 5k overnight with the same "It'll come back up" mentality. It's greed, it plagues both chicks AND dudes. The only difference is, a guy will most likely be more calm about the situtation, and maybe jump off the roof, but still more calm.
should have sold on 35k. she got distracted. Thank goodness Eric got her back. She should've reported her mistake way sooner to him tho. Classic fresh graduates
I wonder when the non farm payrolls data announced at 1:30pm. It is usually 8:30 am before market opens and you cannot put stop loss during pre-market session (you can put, but it will not work)
If you like this this rush, I promise you will feel more with "Uncut Gems" (2019). It has: high stakes gambling, life-or-death money decisions, and a very unpredictable storyline and ending.
I am working in a top Investment Bank and I would like to say things are worse tham it is. You can feel the burn, the tension, the disaster and the calm.
You can’t just “trail a stop” if there is minimal liquidity. You need a decent move away then you can slowly offload size when liquidity allows without letting the other participants know that there is a big seller initiating. That’s why they break up orders and randomly offload at non periodic intervals.
this reminds me of when I was trading Light Crude Oil futures last year. I was shorting and my god is it profitable. Well one morning, I actually thought the whole thing would go up but I wanted to get one last short in. I didn't realize the Beige report was coming out and boom, everything jumps 10%, i think this was July. I'm stressing out, it keeps rising. I close out for a massive loss, my 30% profit for the day turned into -400%. I was salty when everything dropped a week or two later.
@@IzhakIb while that's the aim for any trader.....ask any good trader and he or she will tell u that chasing big wins always results in people getting complacent with risks which eventually catches up.....their is actually something called burnout period or something that people in finance world use to see how long a traders career will be based on how risky the bets r
Was there some reason she couldn't have just entered a limit order? Assuming one decided to handle this situation by trading out of it (which she obviously did), that would have seemed to have been the most logical way to fix the problem.
@@searchingformeaning6531 yeah, that could be. I guess I was just thinking if her goal was to undo the erronenous trade and actually fix the situation, a limit order might have been the best way to do it. She obviously got greedy when she was up like $20-30k when she could have just hit out right then and there.
Stop loss do not work outside regular trading hours. She is trading in US markets from London in this video, the time is 8:30 am ET in US and markets open at 9:30 am ET.
@@MixSonaProductions how is embodying ingratitude?? She’s at the start of her career, she has to pick herself, plus in the end she picked the person who protected her from the VERY start, not just the person who saw her trauma as something to use for her own gain.
Hats-off to all Business, Economics and Finance majors who go through this... Btwn I'm a Marketing major who wants a life like Emily Cooper not like Harper Stern!
I absolutely despise Harper in this series, this firstly would be completely unrealistic as the risk guy would pass it onto her managing director immediately as it would affect the banks reputation with the client. Secondly she thinks she knows it all however she hasn’t got a clue. I also thought that her acting was very poor
Thought she was good acting wise; her character is ruthless, cunning and heartless willing to do anything to come out on top. I love it, her character is the very embodiment of Wall Street/investment banking.
I liked her acting As for her choices _shrug_ I don't understand this business jargon at ALL I know that in the boiugiest suburbs I grew up poor in a rich neighborhood, when I saw the faces of the people they weren't happy and I knew I would never step into being a salesman or trader Its the viper's den
Exactly. You would hope the era of useless usurious middlemen introducing inefficiencies like this is coming to a close. I guess banks need salespeople and eye candy for clients but these being the same people with their sweaty fingers on the button is farcical.
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@I'm Pekorick First, Harper bought Sterling instead of USD (which is what the client had told her twice). Then she kept hiding the mistake because the US jobs data was coming out at 1:30 PM and she knew it would not meet the street's expectation and the sterling would rally vs the USD - ergo mistake covered. The guy tells her to book a loss anywhere up to 10K but when she sees the loss go to nil and then in profit, she doesn't close the position in hopes of more profit. Then her boss announces that someone was buying USD which meant that it would rally now and eventually, she books an even bigger loss than what she started out with
Stream Industry on HBO Max: itsh.bo/get-hbomax
I literally fell from the couch when she said, "It will come back." 😮😅😂
A summer analyst yolo-trading off pure vibes 😂 telling someone in middle office “there’s a reason I’m sat here” 😭
Trading without a plan is like skydiving without a parachute. The good old "it'll come back" is not a plan lol 😂
😂😂😂😂
Hahaha every beginner trader knows this😂
@@807ieben If every beginner trader knows this then all the experienced trader on wall street can pack their bags and go home
Women should not be permited in these kind of jobs where big money are at stake.
@@PavulonWielki I mean, I've seen a guy turn 130k into 5k overnight with the same "It'll come back up" mentality. It's greed, it plagues both chicks AND dudes. The only difference is, a guy will most likely be more calm about the situtation, and maybe jump off the roof, but still more calm.
This scene was so tense. My head was in my hands.
She had 10 seconds to press that sell button before it went into loss.
- Trading without SL
Trading without a plan
- Trading after major news
- Not covering your risk in case price retraces
but hey, there's a reason she sits there
institutional traders dont use stop losses,only retail
LOL - as if stop loss can react to a drop like that.
@@johnpulawski35that is why medium hedge funds companies closing in a fast rate in the UD
Stop loss orders don't work in pre-market trading sessions.
should have sold on 35k. she got distracted. Thank goodness Eric got her back. She should've reported her mistake way sooner to him tho. Classic fresh graduates
This would never happen. Even if it did, she would’ve been let go.
like seriously, she had a chance to do a market order and potentially close out $5k in the black instead of deep red
Classic bleck wooman.
Should have sold at 10k
@@PavulonWielkioh look, a bigoted illiterate, I guess it’s just another day on these YT streets.
No trailing stop loss?
Pierpoint hires amateurs and robinhood traders now?
he even told her to cover the risk, im not even a trader and i understand this
they are scalper
technically they wouldn't have hired her in the first place but she juked her college credentials
Trading without SL and not trailing = death sentence
I wonder when the non farm payrolls data announced at 1:30pm. It is usually 8:30 am before market opens and you cannot put stop loss during pre-market session (you can put, but it will not work)
@@akshatrastogi9063 isn't it 8:30am New York time? Harper's in London so it's 1:30pm after the timezone difference
@ Yes correct and Stop losses don't work in pre market. Market opens at 9:30 am.
One of the most tense scenes I've EVER watched. Only The Handmaids Tale, anda House Of Cards could do this to me
Most intense scenes these days are found during dinner scenes on Succession 🙌🏽
@@tealsquare - What don't you get about "I've EVER watched"?
@@nialcc did you see me disagree with his opinion? Sit down.
If you like this this rush, I promise you will feel more with "Uncut Gems" (2019). It has: high stakes gambling, life-or-death money decisions, and a very unpredictable storyline and ending.
this is pure gambling!! a prime example of how not to trade!
Me when i trade my 10 bucks with maximum leverage
I am dead
I am working in a top Investment Bank and I would like to say things are worse tham it is. You can feel the burn, the tension, the disaster and the calm.
You can’t just “trail a stop” if there is minimal liquidity. You need a decent move away then you can slowly offload size when liquidity allows without letting the other participants know that there is a big seller initiating. That’s why they break up orders and randomly offload at non periodic intervals.
Then your system was operated in the black box, huh? That's tough
Stoploss: am i an joke to you?
I remember in my early days I have made this mistake as well.
can you elaborate please? sounds interesting
You have experience in trading floors/ IBs?
scalping?
Only w amateur stuff personally. I wouldnt think pros would have to deal w this tbh
this reminds me of when I was trading Light Crude Oil futures last year. I was shorting and my god is it profitable. Well one morning, I actually thought the whole thing would go up but I wanted to get one last short in. I didn't realize the Beige report was coming out and boom, everything jumps 10%, i think this was July. I'm stressing out, it keeps rising. I close out for a massive loss, my 30% profit for the day turned into -400%. I was salty when everything dropped a week or two later.
Out here messing around with the NFP 😂😭
i don't understand anything that's happening but this show is so intense im gonna watch it anyway
basically , she allowed emotions to take over , a disciplined trader knows that its better to win small then lose big
@@ishanharshvardhan6687 win big, lose small
@@IzhakIb while that's the aim for any trader.....ask any good trader and he or she will tell u that chasing big wins always results in people getting complacent with risks which eventually catches up.....their is actually something called burnout period or something that people in finance world use to see how long a traders career will be based on how risky the bets r
It’s about investment bankers
She blew an account by gambling in the Market. There was no edge.
With that guy’s accent, no wonder Harper wasn’t taking his warnings seriously.
Was there some reason she couldn't have just entered a limit order? Assuming one decided to handle this situation by trading out of it (which she obviously did), that would have seemed to have been the most logical way to fix the problem.
Because she wanted more than what the guy told him to cover at… I think that’s what happened at least
@@searchingformeaning6531 yeah, that could be. I guess I was just thinking if her goal was to undo the erronenous trade and actually fix the situation, a limit order might have been the best way to do it. She obviously got greedy when she was up like $20-30k when she could have just hit out right then and there.
Omg...please stop reminding me how long I have to wait for the new season!!! 🥺
She should have placed a trailing stop.
Stop loss do not work outside regular trading hours. She is trading in US markets from London in this video, the time is 8:30 am ET in US and markets open at 9:30 am ET.
and that is why trading is 95% mindset.
Oh yeah, that one. I was literally screaming at the TV - SELL!
She froze like a deer in front of a pickup truck moment
Seems like she lost a tooth instead of bitting her tongue
First lesson being a good trader: dont trade NFP
Waiting for more,i really like
She became liquidity 😂
I think that's great, as it really shows the reason for getting onto the trade in first place and the inability to close due to clinching on her hunch
I know this feeling.. waiting for price to bounce back when you can press the sell button an minimize your loss
Harper is actually the worst
exactly. she is the embodiment of greed. ingratitude
@@MixSonaProductions how is embodying ingratitude?? She’s at the start of her career, she has to pick herself, plus in the end she picked the person who protected her from the VERY start, not just the person who saw her trauma as something to use for her own gain.
@@MixSonaProductions And those are the kind of people that succeed in this world.
@@jordan7027 - thank you.
@BrieoRobino hmmm. Depends on one's perception of success.
Can anyone tell me how and where did Eric got his news from when he is shouting at @01:56?
Thats why you set Stop Loss
Hats-off to all Business, Economics and Finance majors who go through this...
Btwn I'm a Marketing major who wants a life like Emily Cooper not like Harper Stern!
Don't know what is happening but I would like to learn.
lol she was in panick before market open
I got nervous myself when i saw that drop💀 NFP do really be like that😂
Trading NFP on a short timeframe is a recipe for disaster.
As a trader for a fortune 100….. this scene was like nails going down a check
"First move is always wronggg"😅
She's a great salesperson but a terrible trader.
loool middle office with the scottish accent is so funny cos alot of trading ops have been nearshored to the north and scotland
Eating chewing gum doesn't mean you are smart 😂
She had 3 business days to sell it after the info.
perfection
I absolutely despise Harper in this series, this firstly would be completely unrealistic as the risk guy would pass it onto her managing director immediately as it would affect the banks reputation with the client. Secondly she thinks she knows it all however she hasn’t got a clue. I also thought that her acting was very poor
It’s realistic in the sense that angry middle office guys often cover the arse of poor inexperienced traders 😆
Actually thought the acting was really good. Very believable stressed out young professional.
Thought she was good acting wise; her character is ruthless, cunning and heartless willing to do anything to come out on top. I love it, her character is the very embodiment of Wall Street/investment banking.
I liked her acting
As for her choices _shrug_
I don't understand this business jargon at ALL
I know that in the boiugiest suburbs I grew up poor in a rich neighborhood, when I saw the faces of the people they weren't happy and I knew I would never step into being a salesman or trader
Its the viper's den
Completely agree with all your points
wow, I just lost money on gold while trading the NFP ,samesiess
Movie name please!!
Excellent! better than Billions
What movie name is this?
oh no, is she going to revenge trade now ? xD
what's this movie?
It's actually a series. It's called Industry.
Which episode is it n season ????
Once he said it going down I would of sold
Amazing
it usually happens to me though..😂
Trading is actually nothing , different people have different thought process, answer is process is the king instead of result 😎
Idk why Harper character is starting to irk me..... I'm on season 1 episode 6, and she's annoying lowkey.
In which episode
How to get full movie
Which series this is
Name is industry
What re they.. professional day trader company?😅
yup, she appears distraught...
100/100 for dramatic effect, 0/100 for trading nous.
Movie name
Who else had the hunch like me at 35000 to Sell? 😎
Price is king , watch price not news
Watch both
People before SL introduced
And that's on FXCKed
Is she hallucinating
NO SL , NO TP , Its pure gambling..!!👾
if you think this actually happens in banks/funds, please stop watching movies and read a book or something lol
How she not trail it
literally why i build robots to trade.
Just shut up you and your robot
Exactly. You would hope the era of useless usurious middlemen introducing inefficiencies like this is coming to a close. I guess banks need salespeople and eye candy for clients but these being the same people with their sweaty fingers on the button is farcical.
many expert here talking about stop loss,
why didnt she sell at 35k
Humans are greedy and fearful
What vape device is she using any idea?
JUUL.
she uses a juul and relx (longer one)
Never got what the jobs of these graduates consist of
@Higher Image Status ok, we see Harper trading but what about the others? Bringing salads for lunch and getting wasted with clients?
TheBiakko mergers and acquisition (M&A), advisory etc.
All the fresh graduates on the show work on the sales and trading floor, harper is in FX sales, while the rest are in cross product sales.
@@mqrkldn they aren't M&A, these people are sales and traders. She specifically works in sales
Their the next generation of sales selling the bank’s ability to act as a counter party to client risk
Dont let woman do trading.
Exit at 30k
Too emotional
Imagine gambling NFP
What happened next 😮
Episode?
I put Stop Loss in my mind 😁
Like an institutional trader..
Guess what i am profitable trader
It's me! Turkey stock market is similar
Me all day, everyday with my Cryptos.
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Wrong position size.
U know stoploss?
How to get fired
Daytrader
Come back😂😂. Terlalu tamak
Bruh wth 🤦🏽♂️ lol
Can someone explain to me what happened here?
leverage trading AKA gambling on the market but on an amateur level
@I'm Pekorick First, Harper bought Sterling instead of USD (which is what the client had told her twice). Then she kept hiding the mistake because the US jobs data was coming out at 1:30 PM and she knew it would not meet the street's expectation and the sterling would rally vs the USD - ergo mistake covered.
The guy tells her to book a loss anywhere up to 10K but when she sees the loss go to nil and then in profit, she doesn't close the position in hopes of more profit. Then her boss announces that someone was buying USD which meant that it would rally now and eventually, she books an even bigger loss than what she started out with
I hated this character "Harper" in this whole series.
Representation of GREED
duh