Million Dollar Traders - Part 1 | British reality TV Series & Course created by Lex van Dam
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- Опубліковано 12 чер 2018
- Learn how to trade and join other graduates of the "Million Dollar Traders" Course! Head over to milliondollartraders.com
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 (milliondollartraders.com)
Eight ordinary people are given a million dollars, 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.
As the novices learn the dark art of trading stocks and shares, the financial markets start to buckle. Making money takes second place to basic survival as the brutal realities of global economics take their toll on the traders. How do they cope? Will they secure themselves a bonus, or walk away with nothing?
Part of the City Season.
The Million Dollar Traders Course is available on our website milliondollartraders.com 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, get in touch with us at info@milliondollartraders.com.
I really wish they would do another season it was amazing, watched them all twice now!
Paper trading is a starting point but it does not nearly compare to how your psychology works when it’s your actual money on the line, and real money to be earned.
"i absolutely thrive under pressure, which is what trading is...." falls apart after 10mins
Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
Simons trading strategy= Buy high, sell low
It’s a tradition to come back and watch this once in a while
Becoming a good trader takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 4 years later and i am glad i made that decision.
Keep Simon and do the oppposite of his trades but higher. Guaranteed profits for team!
It's pretty bananas seeing them call in their positions on actual phones. Hard to imagine doing that day trading now
"It might as well be in the bank earning 5%". Truly a product of it's time
After watching this for the third time I decided to find out a where are they now for the Contestants:
45:56
Simon buddy just keep your savings and retire don't give it to the markets
I remember when I first start trading, oh my god did I suck. The array of emotions I went through, up and down constantly. Mostly down. Lol. I will say this. The most important things to master in becoming a trader is money management and trade psychology. You need them both.
I wish they had something like this in America instead an flood of real estate shows
*Give a bunch of completely new traders your money, then act surprised when they lose it*...
"May as well leave it in the bank with a 5% interest rate..." - He had no idea 2020 would have a 0.10% interest rate
I enjoy these types of shows. We need more.
"iam a perfectionist you know" aka "iam not secure enough to finish what i start"
Whatever about the participants, it's obvious that Lex himself has learned the most from this experience. Instead of paying people a wage and teaching them how to potentially lose his money, he now gets them to pay him for a trading course so they can lose their own cash. And if he makes enough money from that then he doesn't have to risk as much in the market himself. Genius!