TV Show: Million Dollar Traders
- Thread starter Businessman
- Start date
I don't know if there's anything more lame than phoning in a $5K order LOL 
Looking at the charts of Citigroup I estimate that the taping took place in middle of July. The earnings release for C was on July 18, would this seem right? There was talk of Freddie and Fannie during the episode, personally I don't remember the talks so early. I also have no information about any of the UK banks having trouble.
The trade to short C would seem funny, not that bad of an idea giving the strength of the stock into earnings, but also I'm not quite sure what they were expecting, doesn't seem a good trade.
The trade to short C would seem funny, not that bad of an idea giving the strength of the stock into earnings, but also I'm not quite sure what they were expecting, doesn't seem a good trade.
C'mon guys. Isn't it blaringly obvious why they were phoning in their orders?
Lex van Dam was taking the other side! If newbies always lose by doing the wrong thing, then you can make money by betting against them.
This was the first thing that jumped out at me the moment the plot was unveiled in the show's opening few moments.
Very clever Mr van Dam. A Turtles experiment but kind of in reverse.
Lex van Dam was taking the other side! If newbies always lose by doing the wrong thing, then you can make money by betting against them.
This was the first thing that jumped out at me the moment the plot was unveiled in the show's opening few moments.
Very clever Mr van Dam. A Turtles experiment but kind of in reverse.
talk about lambs to the slaughter. as has been mentionned on these boards, you need to put in about 10,000 hours to be a good trader....and not just any 10,000 hrs.
one year of live trading for sure....and what is the big deal about being down $2,000?
how could anyone in their right mind think this could be successful. also, goes to show why some insitutional situations suck.
most pros only trade one/maybe 2 or 3 things at most....good luck jumping in not being familiar with all the nuances of a stock/underlying.
please post next week on youtube, tho;
one year of live trading for sure....and what is the big deal about being down $2,000?
how could anyone in their right mind think this could be successful. also, goes to show why some insitutional situations suck.
most pros only trade one/maybe 2 or 3 things at most....good luck jumping in not being familiar with all the nuances of a stock/underlying.
please post next week on youtube, tho;