Traders. Millions by the minutes!

[scooterscot]

Very sad individuals. They think ONLY about money. Nothing wrong in thinking about money. But wanting a garage full of cars? How many cars can you drive at once?

Just watched both episodes.

Have to agree with BP here. The individuals involved seemed lost without thinking about money. The behaviour reminded me a trip to Vegas and those folk sitting on the slots, the next round will pay out! At the end of the day the fulfilment did not result in anything meaningful other than the desire to be materialist.

I'll always get more of a thrill myself spending time with my daughters whilst not having to be in the office.

[centurian]

Likewise in the first episode when the two traders talked about the day of the earthquake in some far off place - and how it was the most thrilling, exciting day of their lives when they made shed loads.

Never once did they show an ounce of sympathy for those who would have lost their lives/homes in order for them to make such a killing (admittedly this could have been edited out by the beeb).

What I thought the programme portrayed quite well was the unique blend of personality traits required to be a successful trader. Intellectual ability alone is not sufficient.

Also I was surprised at the small amounts being made on individual trades, "oh, I just made a tenner" - big deal - I made that the last time I took a dump at ClientCo. I guess it adds up though, especially if you keep making the right/wrong calls.

[BrilloPad]

Very sad individuals. They think ONLY about money. Nothing wrong in thinking about money. But wanting a garage full of cars? How many cars can you drive at once?

[wattaj]

I thought it was scary. The woman who had made £1.6m in her trial account didn't seem to have any system or logic other than looking at a graph and guessing whether it's about to go up or down. No knowledge of current events or anything that could influence it, just gambling. And predictably, as soon as she switched to real money it started to go wrong.

I loved the bit where she was breeding cats for sale in order to fund her new career in FX trading.
Priceless.

[VectraMan]

I watched part 1 last week, haven't seen part 2 yet. There was the guy taking the training course who'd already done time for fraud. Not surprisingly he did quite well.

[Unix]

Which side was it on? Is it on catch up?

Its easy being a trader now with QE.

How is your Tesco position?

[PurpleGorilla]

The black guys from the midlands were great. I'd invest with them!

[Bunk]

I thought it was scary. The woman who had made £1.6m in her trial account didn't seem to have any system or logic other than looking at a graph and guessing whether it's about to go up or down. No knowledge of current events or anything that could influence it, just gambling. And predictably, as soon as she switched to real money it started to go wrong.

[BrilloPad]

Which side was it on? Is it on catch up?

Its easy being a trader now with QE.

[Scrag Meister]

Interesting program. Worth watching.

The Triathlete fella with 3.3% fat, a £100k Porsche And £1 million house was quite irritating. :jealous:

Am recording it.

[BlasterBates]

There's the so called 90/90/90 rule...

90% of traders lose 90% of their money in 90 days ....day traders though that is

[vetran]

Gun,fish, barrel ................. must stop myself!

[MarillionFan]

Interesting program. Worth watching.

The Triathlete fella with 3.3% fat, a £100k Porsche And £1 million house was quite irritating. :jealous: