Million Dollar Traders

shows a tradder life

i thinks it is a good concept and good for marketing van dam makes more on ths show then he does anything else probally but would love to get on this show think it would be a great learing process and could learn alot on a show like this althrough im sure there is a lot you dont see im sure there are scripted parts

Lattamoney23

Education
Entertainment
Value

Entertaining but not very educational

The show is really entertaining if you are into trading which i will assume that you are since you are here at Investimonials :)

It's a sneak peak into hedge business but not very educational and I would have liked to have seen more of the training side of things. How long was their training, what did they learn in the process etc.

And like someone already mentioned in their review I also feel the show was too short but never the less it was still entertaining to watch. I wish there were more series like this with higher educational value in it.

Psych

Education
Entertainment
Value

Must watch

Must watch for all traders. You will learn while enjoying the show , Great insight into pro traders

Anmolsc

Education
Entertainment
Value

Fairly good portrayal of the emotional side of trading

I live outside the UK and I struggled for ages to get hold of this series. I even emailed Lex van Dam after hitting a blank link to buy the DVD on his site. He replied almost a year later, giving me the name of some lady at a production company. She never replied. I eventually found the series cut up into 18 chunks on Youtube!

Basically Lex has made a lot of money and runs his own hedge fund. He hires and trains 8 rookies to make trades with his money. Simon, the oldest trader, battles with the sheer difficulty of it. Cleo has good ideas but cannot pull the trigger. She also gets very emotional. Sam, an environmentalist, battles to invest in any company he thinks is unethical. Emile, cage fight promotor, is not bad but emotions get in the way too. Amit, a shopkeeper, (who lost £25000 in the .com bust and ended up crying on his bedroom floor as a result) seems like a deer in the headlights. The other 3 are pretty good. The traders are supervised by retired Citi trader Anton Kriel. Lex is fairly hands-off with the experiment but comes in now and again to appraise etc.

I would have liked to have seen more on the training side of things. How long was this? What books were they given? How were they taught to research a stock etc. It was quite limited.

The traders traded through the global financial crisis which was bad luck in terms of timing from Lex. What was clear from the short series is that Anton and Lex are pretty emotionless guys (I still liked them though!) which makes them good traders. It left me with the question: Can I still be a good, emotionless trader and then have emotions and be liked outside of the market hours?

Let's also remember that the series was made for the average Joe's entertainment. I didn't expect them to go into what double-tops were and the mechanics of shorting. Non-traders would have flicked over to the Premiership football match of the day by that stage.

Thomasonr

Education
Entertainment
Value

So useless

This show doesn't have any education value. It wasn't even entertaining. The show was basically about the psychological emotional value of trading the viewer can get out of the show. I can recall many times throughout the 3 episodes, the commentator talks about how "complex" short selling is. I wish the traders talked more about their strategy. I don't even think they were trained well enough to develop their own strategy. Wall street warriors is a much better show,

Huwwaa

Education
Entertainment
Value

Freakin brilliant idea for entertainment!! LOVED ITTT

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!!!!

KaKa

Education
Entertainment
Value

interesting

it's really interesting to get a peak into the lives of the large fund traders. I recommend you young people watch this to learn more about the inner workings of the business.

Skytrader

Education
Entertainment
Value

Great to watch lives of a trader in reality!

This was a pretty entertaining show. I don't want to spoil it for anyone if you haven't already saw it but I think it was just plain stupid on how the 8 beginner level traders were basically forced to take positions and use all the capital each trader had and the boss wondered why they starting losing so much. Not a great show to learn from but it is great to learn from their emotions and how it impacts every trader. True colors do come out of each trader when the pressure is on. I didn't learn a damn thing about trading in general from this show but I did learn emotions is the key to trading. I recommend this show for great entertainment.

M1llz28

Education
Entertainment
Value

Good concept, but too short.

Lex Van Dam basically attempts to recreate the old turtle traders scenario by selecting members of the public to learn his trading style for 2 weeks and then see how they do with up to £500k. The show was mildly entertaining, but felt like it ended too soon after only 3 episodes.

Unfortunately for Lex he timed his show pretty badly as the series is filmed during the recent financial meltdown making it hard for the contestants to put up any big results, entertaining all the same.

Bradlishman

Education
Entertainment
Value

The best I've seen in a while

Just finished the series...it's awesome. To see how ordinary people become traders and live the experience is great. It shows you different angles, the novice and the managers perspective and explains how people live through the emotional states involved with trading. I wish there were more shows like these.

Relaaax

Education
Entertainment
Value