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Million Dollar Traders : Make Me a Trader

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www.bbc.co.uk/progra..
Category: Entertainment
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?
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A hedge fund turned into a reality show
I found myself empathising very easily with the people in the program. Each of them put on show different aspects of the trader's life

The program ends with a twist.

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Great view into the trading floor world
Great view into the trading floor world

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Marcel Vught

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Great show
Great show , must watch for all trading fans or upcoming traders , will surely pick up a thing or two

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Trader975 Lindon, Uxbridge

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Interesting concept
Til this day i cannot comprehend the business model of Mr Lex van Dam who decided to give his $1 million to "noobs", and hope for a miracle.

The way the novice traders went around trading was very interesting nevertheless, and it shows that someone without any financial background just doesn't know where to start.

Nearly everyone was investing in what they liked..without asking themselves if it was the best choice. CNBC was for them also a mentor, and it was funny to see how much people are influenced by what is said on the "box".

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Tony_Ros Den Haag

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An interesting look inside a risky a trading experiment
The concept of the show was to see if a sucessful trader could take a group of inexperienced amatuers and turn them into profitable traders in just a short amount of time. If this sounds familiar, yes similar experiments have been done (The Turtles) but not many have had the benefit of being captured in real time on video for all to see.

The group of traders that were selected to participate are a pretty varied group, from young to old, male/female, and different ethnicities (although I should state that they are all from England where this show takes place). Each member of the group is allotted money to trade with initailly (I believe it was $50,000) with an increase in trading funds for successful trading. The trader who earned the most money at the end of the 3 week period would be declared the winner and offered a full-time position at the show creator's trading desk.

While that seems like an interesting concept, it falls short of the mark. It's really unbelievable just how many of the people selected for the group are whiny, nervous, scared, and basically useless as traders. Many traders quit or get fired, have difficulty coming up with ideas, argue with each other, copy each other's trades, and generally just fail miserably. I feel as though some of the blame for these failures is due to the training they recieved, which, to me seemed less than spectacular. They were given minimal supervision and no real clear sense of what they should be doing, mostly left to their own devices. Their trading style seemed based entirely on fundamentals, and it wasn't suiting them very well lol.

Of the entire group, only 3 people made the cut and actually began to figure things out. One of those traders posted a small loss, one a .5% win and one a 1% win. The woman who posted the 1% profit was offered a job which she turned down! She said he would rather raise her baby or something similar. In that sense the show was a trainwreck but still I found it interesting to watch the dynamic of the group and the psychology involved in trying to mold yourself into a success at something you have never done in a relatively short amount of time. The amount of fail in this show proves how difficult trading can really be.

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Mikeyb420 Lincoln Park, MI

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Quite boring, have to agree with the last review 100%
Quite boring, have to agree with the last review 100%

Not worth watching, the time is better spent else where.

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5 of 5 people have found this review helpful.
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Skyler418 Vancouver, BC

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Not relevant to what a regular investor would go through
First off, I like the concept, but mostly because I am fascinated by the world of trading, and what it offers. I however don't think this show is relevant to what you, or I go through on a daily basis. It might be a different world if I could trade with a rich person's money, and not have any sort of repercussion's, except for the fact that I can walk out the door, and go throw down a beer or two.

I know this show is for entertainment purposes, but I think it would have really been more exciting to show people who had to invest their own hard earned money, and then I think we would really see the true anguish, and frustration, and jubilation that one goes through. As a daily trader, it would be nice for someone to show me the ropes, give me access to all of the technology, and pat me on the back when I do well, and give me advice when I'm doing poorly.

All in all, a good show, but I probably won't waste my time watching another episode, but you never know. I found Timothy Sykes tv show way more entertaining, and way, way, way more transparent than this one.

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Ckings888 Seattle, WA

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This was ok, albeit boring
I watched this a week ago or so.

My thoughts: Meh

It was interesting to watch these new traders squirm as their emotions took over as it was interesting to see who the best traders were who ended up being the ones who could control themselves. The bad traders --- every one who overracted to every thing and who ended up storming out. Emotional catastrophes. Important lesson to learn -- stay calm through both wins and losses. Get overly excited about a win? You'll get the polar opposite when you take a loss. Play it cool at all times. That's basically the only lesson a trader can get out of this.

I think the fund managers are fairly moronic. I mean anybody worth half his salt should've noticed the market plunge and gave a quick lesson to their subjects on market swings, sentiment, etc. And what was their downside? There was none. Obviously the film would probably make up more for any potential loss - yet they acted as if they were actually worried about their capital. I have a thing against reality t.v. - this film being pretty close to "reality tv" - in that it's more or less scripted. In this case, the managers already knew what was going to happen but attempted to act as they would if this was real. Were these people even trading real capital? Somehow I doubt it.

Though perhaps this was just a search for the best trader. Did they do anything with these traders? Put them to work? Doubt it.

Overall, somewhat boring and had to watch in multiple sessions because I wanted to do other things instead, but interesting to watch the emotional characters attempting to do something that takes years to learn.

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Deadjim Little Rock, AR

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Amazingg!!! Brilliant IDEA !! Great entertainment !!!
BBC thank you !! It's superb I mean freakin superb idea to give money to ordinary ppl and see how they trade with or without emotions. This bring out the true trading mentality and pressure we go thru each day and as we know only the tough survives and loved the women traders in the show how one got shattered and other rose to top.It's a great experience and great entertainment we need more shows like this rather than other reality shows where ppl showing physical strength etc. THIS IS THE REAL DEAL!!!

If you didn't watch this you're missing on some great and different kind of entertainment. It's a must watch for every new and experienced trader just to see how it feels to play with big money with no experience and how some ppl can't handle it and some can. AMAZING!!!!

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KaKa modesto, ca

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Very real show
entertaining show but also very realistic and informative. This will likely improve your trading because it definitely grounds you and makes you aware of some of the mistakes of the 8 beginner level traders, maybe you won't learn great technical advice but you do see how emotions can play into every trader's mind.

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Luke11 Charleston, SC

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