Added: 1 year ago
From: forexnerd
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  • yes,I get million dollars

  • @eunks1 that's friggen dumb eunks!

  • Great video! Everyone can learn to be a trader but not everyone is suited to be sucessful in the trading business for a long period of time.

  • need to be good at math? and I will be so successful in this business, as a client =D

  • When was this filmed?

  • Is quid a type of fish? What the fuck kind of stock market uses fish for payments?

  • @OneCoolDude08 It's british

  • @OneCoolDude08

    Like how in America they use 'bucks'? As in, certain male animals like deer and rabbits? What a fucking inane comment.

  • This was a great series, it was original and a fresh idea - doesn't matter if it is not 'real' to trading life, beats watching Jersey Shore!

  • Guys: If you are looking for a place to ask questions and get answers about trading the Forex Markets, then I've created a site just for that purpose. I created the site because I got tired of the current set of Forex Trading "Forums" that are controlled by commercial interests and end up being nothing more than viper pits where learning about Fx trading becomes next to impossible.

    The site is: collaborativefx[.]forumer[.]co­m

    We are brand new and need both Experienced and Novice traders.

  • what trading software are they using?

  • @moscarellimichele Bloomberg Launchpad... literally every institutional trader uses that. It's quite popular... but gotta pay a monthly fee of about 1000$ for the use alone. cheers

  • @ThePolarOObear thanks so much! And $1000 a month!!!!!!!!!! what!? :P

  • @moscarellimichele yeah... to be exact: you're renting the hardware (the characteristic dual-monitor-layout + keyboard) and simply connect it, so you can trade. Bloomberg Terminals are leased in 2 year cycle, with leases based on how many displays are connected to each terminal (usually 2, sometimes 4) That's what you pay for monthly. you're welcome

  • @moscarellimichele as imo the best alternative refering to trading software and brokerage: Interactive Brokers... very exact and fast order execution, good charting tools & analytics to use, very low price/commission per order & very reliable mobile - solutions for iOS and Blackberry's, if you want to monitor positions on the go. cheers.

  • @ThePolarOObear thanks so much! I can't thank you enough as Ive been searching for a online brokerage. Hopefully this works out ell.

  • Comment removed

  • Technical is the way to go

  • @thunder69sm couldn't agree more... chart techniques are everything.

  • 2010 version of the turtle experiment

  • *Spoiler Alert* I love how Antoine snarks at the fact that you would be making a piddly 5% in the bank, but then after all that stress and hard work the best trader makes 1%, basically the same per annum. At some point an investor has to ask, is this hard work being rewarded like it should? They push like crazy to "be invested" but then tell them to hedge to reduce risk. Why not just keep more powder dry? A hedge has exposure risk and commission loss; bet on surefire wins or don't bet at all!

  • @bodaggin: I'm pretty sure the 1% that they're talking about is 1% MORE than what the S&P 500 returned which is probably somewhere along the lines of 20% - 30% per annum.

  • I would have appreciated to watch the training sessions, at least shortly, in order to know what skills they got before starting trading.

    Last but not least, I have never seen anybody doing technical analysis, although it was mentioned at the beginning of the movie.

  • I am surprised that they traded companies and not indices. In my opinion, managing a portfolio and doing hedging is more complex than working on indices, because you have to know well the life of the company, and moreover the daily variations are much more smaller concerning indices, then less risky.

  • yeah a million dollars well spent on the publicity Lex.

  • This show is a joke. Within 5 mins of watching this, you knew it was a gimmick and that there was no realistic chance of these people succeeding.

    Maybe the jokes on me for expecting reality television to be different.

  • What could possibly be stressful about gambling somebody else's money, sitting in front of a computer?

  • and then the economic crisis arrives!

  • Because they are only small players - big sharks always get their money!

  • Great video - subscribe and friend for power packed videos...

  • Great video - subscribe and friend for power packed videos...

  • The currency markets are made for technical trading. It is the most liquid of all the traded markets and it affords the technical trader many advantages over traditional stocks, bonds, commodities and futures. If you map your money management to the historical accuracy of the system you use, losses will be minimized and profits maximized.

    Stress comes from buying, holding and hoping things work out, instead of knowing the Technical Mechanics of the market well enough to use them each day.

  • @TheWeeklyTelegram:

    Entering a position and holding it for 2 years, would qualify anybody to fit the profile of not knowing what they are doing - unless they have inside information. Second, the stock market or the metals market, are not the only markets to trade. The currency market is by far the most liquid and by far the most technically adapted. A solid, high-performance Technical Trader can do very well with currencies - if they know what they are doing.

    Investing is not Trading.

  • @TheWeeklyTelegram:

    Stress, because high performance trading is doing 25% per day, or per week, or per month. When I used to trade stock options, I had days where 700% to 1,200% were doable. At the very same time, you will also see losses that are in accordance to the profits.

    25% return over 10 years is definitely not Trading, its Investing. Nothing wrong with Investing, but trying to compare 25% over 10yrs, to 25% per day/week/month, is really missing the point entirely. A Red Herring.

  • Not being funny Lex, but no wonder the project lost money, you say you wanted to teach them to trade, but a couple of lectures in tech analysis and trader psychology ain't really gonna do it and there was little sign of any true mentoring from Anton... Also I think the timing coinciding with the run up to the financial crisis and the increased market volatility conditions couldn't have helped matters...

  • Many people would tell you that they would like to be an Astronaut, until they actually learn what it takes to be one. The glamor tends to wear off, when the hard work begins. Those that simply walked out on their own, simply could not handle the "psychology of trading;" there are books written specifically on that subject, which may or may not have helped them.

    Stress is huge in this business and that's one good reason why I am a technical trader and not a fundamentalist. Good systems work.

  • @TigerGrumman

    So. As a trader, what have you found to be the difference between those who consistently lose money and those who consistently make money? Given that, in essence, it's a zero sum game and for every £ you gain someone else loses one.

    Is it enough to be smart, interested, hard working and psychologically resilient (i.e. not prone to making rash decisions)?

  • @theporksicle:

    Persistence. Creativity. The ability to think outside the conventional box. The ability to (as best you can) get both Ego and Emotion as far out your trading life as possible. These are some of the traits that distinguish those who can and do succeed, from those who typically don't.

    After that, its deciding to ether couple or de-couple Technical trading and Fundamental trading. My research tells me to stick with Technical trading, personally.

  • @TigerGrumman For me you are just a douchebag who talks like having some kind of unique insight about the markets, like you found the holygrail but you cant tell anyone becase its such a powerful knowlaged, it would create a new financial crisis. You are an idiot

  • @porquilhoo:

    If you had half the brain you pretend to have, you would know that it is: Knowledge.

    Furthermore, you can't possibly know what I have, or don't have - so your commentary makes no sense, until you can know what I know about what I do. If you have something relevant to say about Trading, which is what this thread is all about, then say it. Otherwise, your 15 minutes are up.

  • @TigerGrumman Please, I just want you to shut up with your glorification of yourself propaganda thing. You didn't contribute anything relevant or information about 'trading' (even the word 'trading' is so ambigous), other than trying making yourself look like someone who knows about 'the markets' and 'the city'. And thats Final. i will not answer more about this. go fuck yourself

  • @porquilhoo:

    What is your major malfunction? You come into a thread and start throwing around insults at people you don't know anything about - which is a sign of pure idiocy. Now get your attitude in gear and figure out WHY you posted in this thread to begin with.

    I don't see anybody in this thread having asked YOU a single question. My posts came from direct questions that were put to me by others. If you had something relevant to say, maybe somebody would think you had answers.

    Clown.

  • @TigerGrumman Are you yet another software pusher of a NEW, HOT "technical trading system"? I use momentum oscillators available on my stockcharts(.)c0m membership. I personally believe there's no other way to trade(short-term) other than technically. However, I don't swing-for-the-fences & get 50,700,or even 1200% per day on my option trades. 100% /week is my set goal to supplement my income. I'm still learning to fight greed/fear DESPITE what my indicators say otherwise.

  • @TigerGrumman And that's why, as a 15 year old, I hope to God that I don't lose my motivation to learn about trading, considering the months I will have wasted.

  • Becoming a consistently profitable trader, takes just about as much time as it does to become a Doctor. The stress levels can be as high as that which would be found in working as an Air Traffic Controller, or a Surgeon.  In both cases, you rely on the skill and expertise developed over the years and you follow protocol to mitigate the stress levels.

    Once you learn what you are doing, it gets easier. But, getting to that point is extremely difficult for most, including those with a high IQ.

  • @TigerGrumman Many thanks for your comments - how did actually get into trading ?? secondly is what you do similar to the tv series i.e. buying long / buying short - the reason I ask is its something I always wanted to be.

  • @jackiehurst:

    My start came through getting downsized out of the company I was working for: re-engineered, laid-off, etc. My background was technical and I wanted to learn more about the financial markets for retirement reasons. Starting with retirement and ended-up with trading full-time, is not uncommon. It is a path that many successful traders walk. You find out quickly, that you can make the buy/sell decisions, if you have enough knowledge about what to trade and when to trade it.

  • @jackiehurst:

    I'm a technical trader. I built (designed) a bespoke trading technology (system) prototype. Most of the trading ideas (indicators) that I use are custom designs. Years worth of research, design, development, testing and analysis. Most people who don't know any better say that what I've done, is simply impossible. That's only because they've not been able to do it themselves. What you are seeing in this video series, is pure Fundamental trading - they are not technicians.

  • @jackiehurst:

    Thanks.

    I can be Long or Short the market at any point. I don't trade equities or commodities (though some do it very successfully), I trade international currencies exclusively. However, I used to trade equity options. This series was apparently an experiment - not necessarily the way you'd want to enter the business, but not a bad way either for some. Most success/failure as a trader will be proportional to the individuals personal attitude and desire to succeed.

  • @TigerGrumman thankyou once again - not being rude but you get so many arseholes on this site. I appreciate you coming back to me - sounds like you work for Goldman Sachs - so basically what you do is both - you design trading systems - written in C++ / Java / Perl / Sybase / SQL Server etc etc - but you also know how to trade aswell (fundamental trading) - very clever. I found this series really interesting - i can't believe some of these idiots just walked out -

  • I don't think this guy is so stupid to use real money. It would be cheaper to orginize small office somwhere that is settig up ordered trades for vistual money and at the end boss will say - this was test and not real money.

    Another thing - he gives them his money and trainees just play at random - this is sooo stupid. No wonder many hedge funds go bancrupt every year!

  • if there any traders out there - would appreciate your comments - no rude ones thankyou - and no comments from Commerzbank people (sorry Comedy bank) thankyou.

  • @jackiehurst:

    It is not as glamorous as made for "TV" programing makes it look. Becoming a disciplined and consistently profitable trader, takes time, energy, hard work and the ability to develop the skill and expertise necessary for a long career. It is not something learned overnight. For most serious traders who know what they are doing, it took years to develop their skill. Most people simply do not have the temperament to make it, nor are the willing to put in the work necessary.

  • the anton kreil chap seems like a decent chap - the only time he shouted was at simon - but i think that was more to do with the cameras being there - i think. Tradiing looks like alot of fun - once you've grasped the concepts - and you have little distraction - seems to me the best traders make money from the morning newspapers - that dictates what they trade on for the day - then the best traders react to events that happen that day and trade accordingly.

  • @jackiehurst

    Interesting theory about the newspapers.. not my style though. Im more of a technical trader really. I trade american stocks and I find that trading the news is a manipulation frenzy. I do catch momentum on news occasionally though.

  • @Vitomanz I'm coming from a lamen's point of view - never traded before - i work in a completely different field - but would love to be a trader. But you're right - some of them threw away such a great opportunity,or threw there toys out if the pram - it was a very very difficult time to trade - i.e. not really anything to invest in - but if they rode it out they'd get the opportunity to work/trade in another bank.

  • @jackiehurst it seems you and I think in a similar way - don't come from wealthy backgrounds - down to earth and hungry to make some money - great minds think alike.

  • I enjoyed watching this series, reminds me of my early prop trading days. Stress and more stress. Wish I had a nice boss like Anton Kreil and lex when i first started

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  • thanx for posting this

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