trading movies

Originally posted by 1Reason




Why did you have to play poker ( doesnt sound like the worst thing to "have to do") and just to make this thread a little more interesting, "Did you win enough to "bankroll" your trading again??"

Also what limits did you play and did you play at the Mirage or downtown?
:D

Lastly, FWIW. I read Poker Digest, Card Player, Active Trader, Stocks and Comm and IMHO you could EASILY interchange "Hand" for "Trade", "No Action" or "Low Volume", "Bluff" for "Head fake", "Rake" for "Commission" etc. etc......:D
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Actually, it was the "worst thing I had to do".
I played all over. A lot at the Horseshoe, a real lot in North L.V. at the Silver Nugget (yeah,I know, you don't have to say it!), and a good deal at the Circus Circus. I played mostly small stakes, and would occasionally go for a Sunday Afternoon hit at the Mirage in a 10-20 which was big for me.
You are exactly right about the magazines and books. Earlier tonight I said in some other thread that the book that changed my life was "Education of a Poker Player" by Herbert Yardley.
 
Originally posted by rs7

Actually, it was the "worst thing I had to do".
QUOTE]

One difference I have noticed is that when you sit at a poker table everyone around you is the "enemy" and you are always trying to figure out how to take their money (but not LOOK like your trying to). I Keep to myself and make no friends and get totally bored waiting for hands and then when a big hand does come I have to act like its just another hand.

When trading I pop on the Elite chat and talk and joke around and all is much more friendly. The bordom is the same waiting for setups and the terror of being in a trade is the same but I find the overall experience of trading to be a lot better. I also think the odds of success are better as the "rake/Commission" is a lot higher in a public poker room than from a stock broker.

Also in trading one does not need to pay "blinds" like you do in poker and can just sit there "keeping the powder dry" until a great setup comes.
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Originally posted by 1Reason
Originally posted by rs7

QUOTE]

The bordom is the same waiting for setups and the terror of being in a trade is the same but I find the overall experience of trading to be a lot better. I also think the odds of success are better as the "rake/Commission" is a lot higher in a public poker room than from a stock broker.

Also in trading one does not need to pay "blinds" like you do in poker and can just sit there "keeping the powder dry" until a great setup comes.
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All very true. That is why I only occasionally played at the Mirage. I could sit back and wait for just one hand, and make my day. The 2-4 games were a grind, and I couldn't "lay in wait" for the perfect setup. Also, the players were generally better in the smaller games (locals), so "laying in wait" wasn't as effective. Worked better in the bigger games with the tourists. Had to wait and see who the "tourists' were for a while though. Cause you never know until you KNOW. And that takes a good hour or so. (IMHO). As to the "worst thing" bit...I will PM you if you really are interested.
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The best trading movie ever (and I have seen almost every one mentioned in this thread...) is "A Corner in Gold."

It's a film directed by Jordan Melamed, who left the trading pits to attend the American Film Institute. His thesis film at the AFI, "A Corner in Gold", is the story of a young trader determined to become a legend in the commodity pits.

This movie won numerous awards including a Student Emmy for Drama from the Academy of Television Arts and Sciences and played at film festivals worldwide including the emerging Filmmakers Showcase at the Cannes Film Festival.

If you are a trader, you need to see this film. There is no other trading film like it. Non-traders who see it sort of "get" it; traders who see it "feel" it.

It's on TRIO (DirectTV channel) quite a lot, but I think you can view it online streaming here:

http://www.filmson.com/CDA/Summary/StandardSummary/1,1352,1281~0,00.html

-- Dave
 
Originally posted by matthew
"Trader"

A documentary about a day in the life of Paul Tudor Jones.

Blockbuster had it a few years ago.
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Anyone know where I can find this? also looking for open outcry......blockbuster doesn't carry.....im looking to kick back and watch some flicks this weekend

thanks
 
Rounders was a great movie. My favorite 'stock trading parallel' scene was when the older guy in the robe at the gym said to Matt Damon. "I don't play cards for excitement. I play because I have to put food on the table and pay the bills."
 
Ok, not a movie, and not truly about trading; but maybe somewhat relevant to this thread. Here is my "off the wall pick":

The Taxi episode where they all get fired and Louie (de Vito) becomes a stock broker. Really funny, and yeah, he made some trades. The episode far preceeded "Wall Street" and "Boiler Room". It rung true to me seeing it in reruns years later. Reminded me more of the Merrill Lynch brokers I worked with than I care to admit. No less than the First Jersey and Blinder Robinson boiler room types. Sort of a mini morality play about the industry at that time (or the time that shortly followed..early 80s or late 70s if my memory serves, though I don't know if much has changed....certainly not according to the Schwab "Lipstick on this pig" ads). But the aggressive personalities like Devito's character were rewarded in real life rather than fired for lack of class as in that episode. Maybe that episode was actually ahead of it's time. Certainly before I was personally aware of what was going on in those places where people had brokers, and called them to get quotes. Ancient times!!! Possibly even before commisions were de-regulated.
 
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