TV Show: Million Dollar Traders

25k to trade (5k to risk per trade) and they are phoning in orders? When was this show made - the golden 80's? ;-)
Sounds like it's meant to be just entertainment.
 
Like many have said. These people were set up to fail. It is an entertaining show though. I hope they do something like this in the US.
 
Why would they let one "trader" go for weeks without a trade? She is obviously too affraid to trade. Cut her or make her trade.

No technicals whatsoever. Not a doublebottom, not even an MACD crossover, no candlesticks. Maybe the show's point is to prove that fundamentals don't work in a closely related world, when everything is tied to everything else.

Just by statistics 5-6 out of the 8 should fail.

One cool thing would have been if the supervisor had played the market with the same amount, and at the end of each week he would have shown how much he made and why he made those trades...Otherwise his time is mostly wasted in the show....
 
Quote from Pekelo:

Why would they let one "trader" go for weeks without a trade? She is obviously too affraid to trade. Cut her or make her trade.

No technicals whatsoever. Not a doublebottom, not even an MACD crossover, no candlesticks. Maybe the show's point is to prove that fundamentals don't work in a closely related world, when everything is tied to everything else.

Just by statistics 5-6 out of the 8 should fail.

One cool thing would have been if the supervisor had played the market with the same amount, and at the end of each week he would have shown how much he made and why he made those trades...Otherwise his time is mostly wasted in the show....
More...

they talked about support levels
 
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