Million Dollar Traders - Part 1 | British reality TV Series & Course created by Lex van Dam
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Published 2018-06-13
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 [email protected].
All Comments (21)
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I really wish they would do another season it was amazing, watched them all twice now!
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It’s a tradition to come back and watch this once in a while
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"i absolutely thrive under pressure, which is what trading is...." falls apart after 10mins
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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.
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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.
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It's pretty bananas seeing them call in their positions on actual phones. Hard to imagine doing that day trading now
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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..
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Simons trading strategy= Buy high, sell low
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Keep Simon and do the oppposite of his trades but higher. Guaranteed profits for team!
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"It might as well be in the bank earning 5%". Truly a product of it's time
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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.
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45:56 Anton's face when Simon walks in and says, "I've made a small mistake." 🤣🤣
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After watching this for the third time I decided to find out a where are they now for the Contestants: Mike Tovell - Sadly committed suicide after his personal and work life came into trouble Amit Jobanputra - Now a sales director Simon Brew - A councillor for Croydon Cleo Folkes - Known now as Dr Cleopatra Folkes BVSc MRCVS and deputy chairman of the family business Emile Coleman - CEO of Elite Sport Technologies Caroline Taysom - Owned and exited many businesses since the show Ohioma Imoukhuede - Working as an expat tax consultant Sam Duby - Is last noted as an influential technology developer and has won awards for his PHD, still fighting for a cleaner world
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I enjoy these types of shows. We need more.
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I wish they had something like this in America instead an flood of real estate shows
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" The money might as well be in the bamk earning 5%". LMFAO
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Simon buddy just keep your savings and retire don't give it to the markets
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I day trade every day, 1-2 trades at a time, rarely hold a trade over a day. Love it. Risk control is KEY..
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"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
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A Series like this needs to be made to help people understand today’s market conditions. It’s amassed me the bbc or any other channel hasn’t made a type of programme like this
