I enjoyed watching this series. You might find a part of you in one or in all of the participants. I was very impressed by the Trader/Manager Anton and the Trader/Mother Caroline.
"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
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"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
The following 3 users say Thank You to rtrade for this post:
"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
The following 2 users say Thank You to rtrade for this post:
"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
The following 2 users say Thank You to rtrade for this post:
"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
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This is last and final episode...I guess all I can say is, "How bad do you want it."
"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
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1) Why are they using manual phone ordered entries at the trade desk? I'm assuming because it makes for better TV. Does anyone really still do this? Even on straight equity trades?
2) To be fair, I'd love to see comparable performance from "professionals" during the same time period. Warren Buffet and a whole host of other supposed gurus can claim to have prophetic abilities, but Buffet lost $26BN during the bubble burst. That period was a very difficult period in the market.
3) I wonder if they're restricted to straight equity trades. They show them "hedging" but there's I haven't seen any options, no futures, no forex, etc.
4) I wonder what Lex's true exposure is. How much profit do you think he gains from the royalties of the show? In essence, is the experiment truly independent? If he's making more than $1M on the profits from the show, then in essence, he has no risk, and therefore, it's hard to believe his behavior would be the same.
"A dumb man never learns. A smart man learns from his own failure and success. But a wise man learns from the failure and success of others."
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I wanted to strangle some of those fools. Especially during the 'walk-out.' That Emil dude was the worst.
And when the supervisor is telling them about why they needed to be stern placing the orders, they can't even take and understand that criticism, was just childish beyond childish.
Cleo was cute, but she was cancerous.
What an opportunity to have someone give you.
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"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
Site Administrator Swing Trader Data Scientist & DevOps
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I watched it today. I enjoyed it. Spoiler below... lol, if you haven't seen it yet...
Same story.... Fear of pulling the trigger, no plan/not trading your plan, etc. Also - uhm, no hedging... for a hedge fun, that is kinda important. The cry baby girl should have been fired much sooner, she was distracting the rest of the team.
I would have liked to have seen more about what training material was presented to the traders by Lex.
I would have liked that also. But I got the impression that they got the crash course on the full gambit of trading material.
They obviously weren't pure technical traders and focused more on news and what was happening in the economy, but I remember them talking about 'momentum' during one of the teaching lessons with chart examples.
Are there videos? I followed link but says videos down?
"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
Site Administrator Swing Trader Data Scientist & DevOps
Manta, Ecuador
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
Posts: 49,780 since Jun 2009
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I noticed one of them was reading Reminiscences of a Stock Operator... Wonder if it was on the recommended reading list, or if the person did their own research.
I think the group could have benefited more from Dr. Brett
You could also see many times how Anton was wanting to give clear instructions to someone who was clueless with the deer-in-headlight look, but was under strict orders not to coach someone about what positions to put on or how to handle trades.
Here are the videos. I am closing this thread, lets keep main discussion back in the other thread. I only created this thread to hold the videos so they were Elite only.
A trader friend just forwarded these videos to me and I watched them. What great stuff for beginner, advanced, and any type of trader on the emotional and psychological travails awaiting.
"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
Wonder if it was on the recommended reading list, or if the person did their own research.